Inventory Analyst

Inventory Analyst

Location: Madison, Alabama (AL), US

Building the people that build the world. With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We're a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world. SPX is a diverse team of unique individuals who all make an impact. We are opening a new campus facility that will have two of our businesses (Marley and Ingenia Technologies) evolving and growing together at SPX's very first campus.

How You Will Make An Impact (Job Summary)

The purpose of this position is primary contact for planning as well as inventory control. Candidate would champion process establishing Master Schedule, shop schedule control, drive material flow improvements, increasing inventory accuracy. Candidate must have solid problem-solving skills and assume additional duties including working on special projects when assigned. The successful incumbent will have sound knowledge of MRP, CRP, BOM's, and can perform work and make decisions independently, with an understanding of how those decisions will potentially impact other departments. While each day brings new opportunities at SPX, your core responsibilities will be:

• Establish and maintain production Master Schedule.
• Monitor and report material shortages to purchasing and leadership.
• Assure proper work orders issued to manufacturing to support production, inventory buffers and turns.
• Assist and coordinate setting up of Supermarkets and Kanbans to support production.
• Create, Develop, Improve, and Implement SOP's to support the business.
• Coordinate with Purchasing, Operators, Receiving, Stores, and Supervisors to improve system accuracy of material routings, BOMS, system material parameters, and storing of goods to drive quality and accuracy.
• Assist and coordinate the proper disposition of obsolescence and slow moving inventory.
• Thoroughly research inventory variances to make appropriate adjustments (quantity and price variance analysis).
• Demonstrate continuous efforts to improve and streamline work processes.
• Willingness to effectively educate others to improve overall accuracy.
• Assist as needed in stock-out situations.
• Process Customer returns.
• Complete required inventory adjustments/scrap transactions for all line downs.
• Report monthly line down transaction costs to Quality, excluding utilization loss.
• Take appropriate action for all COGI errors.
• Monitor all SAP transactions for correctness.
• Respond/investigate when abnormalities are found.
• Monitor VMI inventory & conduct monthly desktop cycle counts.
• Prepare & conduct monthly cycle counts.
• Prepare and carry out physical inventory for all US plants.
• Follow all Company policies, rules, and procedures; including Safety
• Additional functions and other duties as assigned or required.

What We Are Looking For (Experience, Knowledge, Skills, Abilities, Education)

We each bring something to the table, and we are looking for someone who has:

• Required Experience: High school Diploma (or equivalent) required, Bachelors degree preferred At least 1-3 years of hands on related experience of planning, inventory control, cycle counts, and material flow
• Preferred Experience, Knowledge, Skills, and Abilities: Experience with MRP systems and BOM's readings and drawings is desired Experience with barcoding inventory systems Experience with Microsoft Word, Excel, and Teams Experience with SAP is preferred Travel & Working Environment: Office environment with occasional work in a plant/manufacturing environment Minimal travel (<10%) that includes visits to other facilities, vendors and training. Manufacturing Environment require use of foot, eye and ear protection when in production areas.

Our Culture

Our culture is at the center of what we do and, more importantly, who we are. Our core values set a standard for how we manage ourselves, and our Leadership Model sets the standard for how we engage with each other. Whether you are an individual contributor or you lead a large team, each of us leads at SPX.

What Benefits Do We Offer?

We know that the well-being of our employees is integral. Our benefits include: Competitive health insurance plans and 401(k) match, with benefits starting day one Generous and flexible paid time off including paid person time off, caregiver, parental, and volunteer leave Competitive and performance-based compensation packages and bonus plans Educational assistance, leadership development programs, and recognition programs

Our Commitment To Embrace Diversity

We value different backgrounds, experiences, and voices at SPX, and we are committed to challenging ourselves, openly communicating, and striving to improve every day. We believe in creating an inclusive work environment where everyone has a voice and is encouraged to realize their fullest potential. SPX is an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation or identity, national origin, age, disability, veteran status, or any other legally protected basis.