Inventory Analyst
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Key skills for this role
About the Role
Caterpillar seeks an experienced Inventory Analyst to manage inventory performance, optimize stock levels, and support supply chain initiatives. You will use Infor SyteLine and Celonis to analyze data, develop strategies, and collaborate cross-functionally.
Key Skills for This Role
Responsibilities
- Collaborate cross functionally to support initiatives to implement Eastern Hemisphere supply sources and manufacturing capabilities
- Utilizing Infor SyteLine and Celonis to analyze and manage inventory performance, including optimal stock levels, safety stock parameters, forward forecast settings, inventory turns, and excess and obsolete inventory
- Develop and implement inventory strategies to optimize working capital while ensuring material availability
- Monitor and report on key financial and operational metrics, including inventory value, inventory turns, and cost reduction initiatives
- Support inventory planning and replenishment processes to align supply with demand forecasts
- Identify opportunities for cost savings through inventory optimization, logistics improvements, and process enhancements
- Collaborate cross functionally with supply chain, procurement, operations, and finance teams
- Maintain accurate inventory data and ensure compliance with internal controls, audit requirements, and company policies
- Contribute to continuous improvement initiatives, including system enhancements, reporting automation, and process standardization
- Provide regular updates and insights to management on inventory health, risks, and improvement actions
Requirements
- At least 6 years of relevant experience
- Infor SyteLine (ERP system) knowledge and prior application is a must
- Degree or equivalent experience desired
- Exposure to procurement and/or sourcing is a plus
- Exposure to warehouse management and logistics is a plus
Full Job Posting
Career Area
- Supply Chain and Logistics
What You Will Do
- Collaborate cross functionally to support initiatives to implement Eastern Hemisphere supply sources and manufacturing capabilities.
- Utilizing Infor SyteLine (ERP system) and Celonis (Inventory Management application) to analyze and manage inventory performance, including optimal stock levels, safety stock parameters, forward forecast settings based on sales inputs, inventory turns, and excess and obsolete inventory, along with c
- Develop and implement inventory strategies to optimize working capital while ensuring material availability to support business requirements.
- Monitor and report on key financial and operational metrics, including inventory value (USD), inventory turns, and cost reduction/improvement initiatives.
- Support inventory planning and replenishment processes to align supply with demand forecasts and business priorities.
- Identify opportunities for cost savings through inventory optimization, logistics improvements, and process enhancements.
- Collaborate cross functionally with supply chain, procurement, operations, and finance teams to drive alignment on inventory targets and performance.
- Maintain accurate inventory data and ensure compliance with internal controls, audit requirements, and company policies.
- Contribute to continuous improvement initiatives, including system enhancements, reporting automation, and process standardization.
- Provide regular updates and insights to management on inventory health, risks, and improvement actions.
- Perform other duties as assigned by Caterpillar management from time to time.
What Will Put You Ahead
- Infor SyteLine (ERP system) knowledge and prior application is a must.
- Celonis (Inventory Management application) knowledge and prior application is a plus.
- Degree or equivalent experience desired.
- At least 6 years of relevant experience.
- Exposure to procurement and/or sourcing is a plus.
- Exposure to warehouse management and logistics is a plus.
Skills You Must Have
- Inventory Management MFG: Knowledge of processes and methods of inventory management; ability to effectively manage local or distributed inventories of raw materials, work in progress and finished goods.
- Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems.
- Effective Communications: Understanding of effective communication concepts, tools and techniques.
- Analytical Thinking: Knowledge of techniques and tools that promote effective analysis.
- Capacity Planning & Management MFG: Knowledge of tools, approaches and practices for determining production demand.
- Data Gathering & Analysis: Knowledge of data gathering and analysis tools, techniques, and processes.
- Decision Making and Critical Thinking: Knowledge of the decision making process and associated tools and techniques.
- Distribution Requirements Planning (DRP): Knowledge of the process, issues and considerations for systematically managing distribution of inventory.
- Influencing: Knowledge of effective influencing tactics and strategies.
- Data Gathering and Reporting: Knowledge of tools, techniques and processes for gathering and reporting data.
Additional Notes
- This position requires working onsite five days a week.
- This role requires travel of 10%.
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