Inventory Associate

Inventory Analyst

When you see the world's most inspiring homes and hotels, you invariably find Waterworks in the mix. For over 40 years, our designs have elevated the bath and kitchen experience, with exquisite fittings, fixtures, hardware and more. We strive to be participants in exceptional design moments not just through our products, but through how our company name shows up in the world at large.

The Inventory Analyst is responsible for developing and executing strategies that optimize inventory levels across warehouses by minimizing excess stock and financial risk. This role plays a critical part in protecting company profitability by proactively managing discontinued items, initiating scrap processes, and maintaining an accurate and manageable inventory reserve. Through collaboration with Finance, Supply Chain, and Product teams, the Inventory Analyst helps reduce carrying costs, improve cash flow, and mitigate potential inventory write-offs. By aligning inventory strategies with business objectives, this role ensures that inventory decisions contribute to overall financial health and operational efficiency.

Responsibilities

Inventory Monitoring and Analysis

• Track and analyze inventory levels across multiple warehouse locations to identify excess, obsolete, unallocated and slow-moving stock.
• Partner with Finance to track and report on liquidation inventory progress, recovery rates, margin and financial impacts.
• Develop dashboards to monitor liquidation performance and identify trends.

Inventory Reserve Management

• Partner with Finance and Procurement teams to assess inventory aging, demand trends, and Liquidation strategies to align on current and future reserve implications.
• Collaborate with Accounting and Finance to conduct annual review of reserve categorizations and rates and ensure compliance with company policies.

Manage Inventory Scrap, Transformation and Disposal Coordination

• Identify inventory eligible for scrap or write-off and initiate proper disposal processes.
• Work with operations and warehouse teams to ensure timely execution of scrap activities.
• Partner with Procurement and Quality to assess product disposition (transformation, builds, factory returns, etc)
• Partner with Procurement team to support management of product transitions.

Manage Liquidation Assortment

• Identify and track inventory assortment for Liquidation channel including opportunities to maximize inventory recovery value.
• Work with Finance on pricing and margin strategies by line of business and liquidation events

Collaboration and Communication

• Partner with Supply Chain, Finance, and Warehouse teams to align on inventory strategies regarding the management of liquidation inventory, communicating inventory concerns, risk factors, and reserve implications.
• Partner with Sales, Product Management, and Supply Chain teams to align liquidation efforts with broader business objectives.
• Communicate liquidation plans, timelines, and outcomes to key stakeholders.

Other duties and responsibilities as assigned.

Requirements

• Bachelors degree, or equivalent, in Business Administration or Finance
• 2-4 years of experience in an analytical role
• Inventory management experience a plus
• Proficient Excel 2007 skills
• Technology savvy – quick learner
• Ability to partner with other departments and take lead role in ensuring proper management of inventory
• Independent, self starter
• Detail oriented, with excellent follow‐through skills
• Strong communication skills both written and verbal

$50,000 - $57,000 a year Base salary plus bonus opportunity is available for this role.

Waterworks is committed to promoting pay equity. Rate of pay is determined based on each individual's experience, qualifications, and the geographic location of the role. Final offer amounts are determined by multiple factors including candidate's experience and expertise and may vary from the amounts listed above.

Waterworks is an equal opportunity employer and does not discriminate against any applicant on the basis of race, color, religion, national origin, gender, marital status, age, disability, sexual orientation, military/veteran status, or any other status protected by federal or state law or local ordinance.