Inventory & Cost Analyst

About the job:

Urgently looking for Inventory/Cost Analyst for one of US Based Retail Brand at Bangalore.

Position - Inventory/ Cost Analyst

Location - Bangalore

CTC - Upto 22.00 Lacs P.A.

5 Days in a week (Monday to Friday)

SHIFT TIME - 3:00PM to 12:00 AM

Job Description:

Primary role:

- To help drive data-based decision making, this candidate will generate sales reports, consolidate aging inventory, analyze profitability thoroughly, and identify key trends in order to equip the sales team / management to generate more revenue.

- Plan inventory purchases needed to meet the forecasted consumer demands as forecasted

- Report and track inventory levels and sell through data to ensure that our distribution centers maintain healthy inventory as well as ensure sell - throughs in a timely manner

- Provide financial support through of analyzing cost of goods trends and creating budgeted / forecasted performance targets

- Monitor inventory level to prevent excess inventory

- Contribute to the allocation and replenishment process with analytical thinking and problem solving, protecting sales and inventory levels.

- Assist the Sales Managers to achieve monthly, quarterly, and yearly sales goals through effective order management and forecasting.

- Deliver business analysis to influence assortment strategies and recommend future purchases.