Inventory Management Specialist

3 weeks ago


Laverton, Australia GFG-Alliance Full time

Job Title: Inventory Management Specialist

Job Summary: We are seeking an experienced Inventory Management Specialist to join our team at GFG-Alliance. The successful candidate will be responsible for analyzing and managing inventory levels and pricing processes to optimize profitability and ensure adequate stock availability.

Key Responsibilities:

  • Monitor inventory levels, replenishment, and demand forecasts to optimize stock availability while minimizing excess or obsolete inventory
  • Collaborate with vendors and supply chain teams to ensure efficient inventory flow and reduce stockouts or overstock situations
  • Implement and communicate the business's inventory control measures, such as reorder points, cycle counts, safety stock levels, and economic order quantities
  • Conduct pricing analysis to determine optimal price points, considering factors such as market trends, competitor pricing, and product positioning
  • Monitor pricing performance and conduct regular price reviews and updates to ensure alignment with business objectives while evaluating the impact of pricing changes on sales volume, revenue, and profitability
  • Utilize advanced analytical tools and techniques to extract insights and provide recommendations from large datasets, identifying trends, patterns, and opportunities for improvement
  • Collaborate with cross-functional teams, including sales, marketing, finance, and operations, to understand business requirements and align inventory and pricing strategies with organizational goals

Requirements:

  • Bachelor's degree in business, supply chain management, finance, or a related field
  • Proven experience as an inventory analyst, pricing analyst, or a similar role
  • Strong analytical and problem-solving skills, with proficiency in data analysis and interpretation
  • Advanced knowledge of inventory management principles, pricing strategies, and statistical analysis
  • Proficiency in using analytical tools, such as Excel, and data visualization software
  • Excellent communication and presentation skills to convey complex analysis and recommendations to stakeholders
  • Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment

About Us: GFG-Alliance is a leading manufacturer and supplier of steel reinforcing that Australians have trusted for over years. Supported by a large branch network, ARC steel is in the bones of the roads we drive on, the houses we live in, the buildings we work in, the schools our kids learn in and the iconic landmarks that symbolise Australia to the rest of the world.



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