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Inventory & Pricing Specialist

7 months ago

Laverton, Australia GFG-Alliance Full time

Based out of our Laverton Branch, we are currently seeking to appoint an Inventory and Pricing Specialist to support in ensuring efficient inventory management, optimising pricing strategies, and maximizing profitability. The successful candidate will play a pivotal role in driving business growth, maintaining healthy inventory levels, and achieving financial targets.

You will be responsible for analysing and managing inventory levels and pricing processes to optimise profitability and ensure adequate stock availability. This role requires a strong analytical mindset, attention to detail, and the ability to identify trends and patterns in data. You will have a deep understanding of inventory management principles, pricing strategies, and possess excellent communication skills to collaborate with cross-functional teams.

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 businesses 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 Utilise 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.

Our ideal candidate will possess the following:

Bachelor's degree in business, supply chain management, finance, or a related experience 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

This role involves travelling across multiple sites across Melbourne, hence a valid drivers licence is essential

The Australian Reinforcing Company (ARC) – a brand of InfraBuild - 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.

Across our different business units, we offer career opportunities for people who share our drive, passion and ambition. From apprentices and graduates to experienced professionals, we are committed to offering fulfilling careers and the chance to grow as our business grows. We would love you to be part of our journey.

We are a 3 Circle Back Initiative Employer - we commit to responding to every applicant.