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Inventory and Planning Analyst

Bothell, WA
Jan 20, 2021

Inventory & Planning Analyst

The Inventory and Planning Analyst is responsible to maintain optimal inventory replenishment levels that meets customer demands and achieve Business Unit inventory turn goals. Additionally, he/she will perform procurement functions for stock orders and ensure inventory accuracy in our business system. This position will support Inside Sales, Business Unit Leaders, Warehouse Managers, and the CFO to implement inventory management processes that maximizes margin and improve customer order responsiveness. Responsibilities include inventory planning and replenishment, material procurement and maintaining inventory accuracy. This position reports to the CFO. 

Key Job Elements
Inventory Planning & Replenishment

  • Inventory Demand Planning - works with the Sales team and Business Unit leaders by defining customer demands and developing stock purchasing strategies that optimizes volume discounting with vendors and meets business unit sales and margin projections.
  • Inventory Replenishment – track and analyze inventory stocking levels to achieve Business Unit inventory turn goals and adjust accordingly to ensure positive ROI for company’s inventory investments.
  • Track and identify slow moving and obsolete stock, and work with Business Unit leaders to develop initiatives to effectively sell aging inventory.
Material Procurement
• Perform buyer duties, including stock purchase order execution, delivery confirmation, and delivery tracking.
• Work with Sales and Operational teams by taking advantage of the best available discounts for both fast moving stock and demand inventory items.
• Track and monitor order deliveries and update the business system with accurate delivery dates.
• Resolve issues as they relate to stock orders.
• Document and maintain current vendor stock pricing and special deals.
• Provide procurement and inventory management support for large projects and outages.
• Develop and maintain stock procurement procedures as needed

Maintain Inventory Accuracy
• Support warehouse teams with cycle counting, root cause identification and resolution. Coordinate inventory adjustments with Accounting.
• Monitor warehouse inventory transfers for accuracy and cost effectiveness.
Maintain accuracy and completeness of PCE’s master inventory database. Create/edit inventory items with consistent part number nomenclature structure across the business units.
• Partner with warehouse managers to ensure appropriate inventory controls are in place for the proper handling, tracking and movement of inventory.
• Oversee the company’s physical inventory count, working closely with Warehouse Managers to reconcile differences and updating our inventory system.

Additional Job Responsibilities 
  • Generate, analyze and reports on key inventory and procurement metrics to internal stakeholders.
  • Assist the warehouse team with processing customer returns per PCE’s RMA procedure.
  • Works closely with Accounting to review inventory transactions and reconcile/adjust inventory valuation in PCE’s business system.
  • Support the CFO with special projects related to procurement and inventory management. Perform other related duties as needed and assigned.
Qualifications and Skills
  • Bachelor’s degree in Business or related field and 2+ years of inventory management experience or an equivalent combination of education and experience. Procurement experience a plus.
  • Strong analytical and problem-solving skills. Ability to collect, organize and disseminate large amounts of information, interpret data, and provide recommendations.
  • Possesses solid verbal and written communication skills
  • Self-motivated and takes initiative to accomplish tasks to completion
  • Strong attention to detail and accuracy
  • Ability to work effectively both independently and as part of a team
  • Good organizational and time management skills
  • Exhibits curiosity and willingness to perform broader analysis beyond the numbers
  • Proficient with MS Office Suite, especially MS Excel. Familiar with Tier 2 ERP systems.

This company believes that each employee makes a significant contribution to our success.  That contribution should not be limited by the assigned responsibilities.  Therefore, this position description is designed to outline primary duties, qualifications, and job scope, but not limit the incumbent or the company to only the work identified.  It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors.

PCE Pacific, Inc. is an Equal Opportunity Employer.

  • 10-15 years of service experience in control valves
  • Leadership skills, quality of character, trustworthy, and dependable.
  • General mechanical skills.  Prior service experience preferred.
  • Must be able to read and interpret various part drawings, customer specifications, and valve assembly and maintenance instructions.
  • Strong interpersonal & communication skills to communicate effectively with management, engineering, maintenance, & administrative personnel.
  • Ability to work in an environment with frequent exposure to one or more unpleasant (noise, heat, dust, etc.) or hazardous conditions.
  • Ability to work on tasks that occasionally produce a high level of mental/visual fatigue, performed under pressure, requiring intense mental application and attention to detail.
  • Ability to perform work in a safe manner at all times.
  • Must be reliable and exhibit acceptable attendance habits.  Ability to work overtime and/or be on call if needed.