The Toro Company
AftermarketInventoryAnalystII
“Aftermarket Inventory Analyst II at The Toro Company. Skills: inventory optimization, product availability, operational efficiency, data-driven decision-making, inventory analysis, forecasting, discrepancy resolution, continuous improvement of inventory management processes and systems. Analyze inventory data, including sales history, demand patterns, and market trends, to forecast future inventory requirements accurately.. Monitor and maintain optimal inventory levels, ensuring alignment with s”
What You'll Achieve.
optimizing our inventory levels; ensuring product availability; enhancing operational efficiency; meet customer demand while minimizing costs and maximizing turnover; improve accuracy; track key performance indicators (KPIs) such as inventory turnover, stock-outs, excess inventory, and service levels; ensure timely stock availability; reduce carrying costs; minimize waste; enhance overall supply chain efficiency
Industry & Context.
problem-solving skills; analytical and problem-solving skills with the ability to interpret complex data and make actionable recommendations.; conduct root cause analysis
Applicants must be legally authorized to work in the United States., May require occasional visits to warehouse or distribution center locations., All employees in this department are required to obtain/maintain an valid US Passport and Driver's License.
What They're Looking For.
Must Have
Bachelors degree in Supply Chain Management, Logistics, Business Administration, Finance, or a related field., 2-5 years of experience in inventory management, demand planning, or a similar analytical role within a supply chain environment., analytical and problem-solving skills with the ability to interpret complex data and make actionable recommendations., Proficiency in Microsoft Excel, including advanced functions (e. g. , VLOOKUP, pivot tables, SUMIFs) and data analysis., Experience with inventory management software and ERP systems (e. g. , SAP, Oracle, NetSuite, Microsoft Dynamics)., Solid understanding of inventory control principles, forecasting methods, and supply chain best practices., Excellent attention to detail and a high degree of accuracy., organizational and time-management skills with the ability to manage multiple priorities and meet deadlines., Effective written and verbal communication skills, with the ability to collaborate effectively with cross-functional teams., Ability to work independently and as part of a team in a fast-paced environment., Ability to obtain/maintain an valid US Passport and Driver's License.
Nice to Have
APICS certification (e. g. , CPIM, CSCP) or other relevant professional certification., Experience with advanced data analysis tools or business intelligence platforms (e. g. , Tableau, Power BI)., Knowledge of lean inventory principles and continuous improvement methodologies., Experience in manufacturing industry, SAP experience is preferred.
What You'll Do.
Analyze inventory data
including sales history
to forecast future inventory requirements accurately.
Monitor and maintain optimal inventory levels
ensuring alignment with sales forecasts and production schedules.
Identify and investigate inventory discrepancies
conduct root cause analysis
and implement corrective actions to improve accuracy.
Develop and maintain regular inventory reports and dashboards to track key performance indicators (KPIs) such as inventory turnover
Collaborate with sourcing
and warehouse teams to optimize inventory replenishment strategies
ensure timely stock availability
and manage inbound/outbound material flow.
Assist in the development
and refinement of inventory control policies
Utilize inventory management software and ERP systems to track
and report on inventory.
Identify opportunities for process improvements to reduce carrying costs
and enhance overall supply chain efficiency.
Participate in creation of stocking strategies aligned with business needs and departmental goals.
Support new product introductions and phase-outs by managing inventory transitions effectively.
Communicate inventory status
and recommendations to management and relevant stakeholders.
How You'll Work.
Team & Collaboration
Collaborate with sourcing, sales, logistics, and warehouse teams to optimize inventory replenishment strategies, ensure timely stock availability, and manage inbound/outbound material flow.; Communicate inventory status, potential issues, and recommendations to management and relevant stakeholders.; Ability to collaborate effectively with cross-functional teams.
Communication Scope
Effective written and verbal communication skills
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