Inventory Analyst
Richards Industrials
Inventory Analyst
Richards Industrials is seeking a highly analytical and results-driven Inventory Analyst to lead inventory accuracy initiatives across our Cincinnati operations. This role will serve as the primary owner of the cycle count program and inventory control processes supporting the Jordan Valve, Low Flow, Steriflow, Steriflow Food & Beverage, Marwin, Hex, and Bestobell product lines.
The Inventory Analyst will report directly to Richards' Materials Manager and be responsible for maintaining the integrity of inventory records, identifying and resolving discrepancies, analyzing inventory trends, and driving continuous improvement initiatives that support operational excellence. Success in this role will require strong analytical skills, attention to detail, cross-functional collaboration, and a passion for process improvement.
Principle Responsibilities:
- Own and administer the company's cycle count program, including planning, execution, reconciliation, and reporting.
- Analyze count variances and investigate root causes of inventory discrepancies.
- Develop corrective actions to improve inventory accuracy and prevent recurring issues.
- Monitor inventory performance metrics and provide regular reporting to management.
- Coordinate physical inventory activities and support annual inventory audits.
- Maintain accurate inventory records through timely and accurate inventory transactions within the ERP system.
- Audit inventory movements, adjustments, receipts, transfers, and production transactions to ensure inventory integrity.
- Ensure inventory locations, bin assignments, and product identifiers remain accurate and up to date.
- Monitor inventory levels and identify opportunities to improve inventory utilization and storage efficiency.
- Lead inventory-related continuous improvement initiatives focused on reducing inventory errors, improving inventory accuracy, and streamlining processes.
- Partner with Operations, Purchasing, Production, and Finance to identify process gaps and implement sustainable solutions.
- Develop and document inventory control procedures, standard work, and best practices.
- Support Lean Manufacturing and Continuous Improvement initiatives throughout the facility.
- Collaborate with warehouse and stockroom teams to optimize material flow, storage strategies, and inventory organization.
- Train and support employees on inventory control processes, cycle counting procedures, and inventory best practices.
- Ensure proper storage, handling, and movement of materials to minimize damage, obsolescence, and inventory loss.
- Promote a safe, organized, and efficient inventory environment.
Qualifications:
- Associate's or Bachelor's degree or equivalent experience in Supply Chain, Business, Operations, or a related field.
- 3+ years of experience in inventory control, inventory analysis, materials management, or warehouse operations, including experience in a manufacturing environment.
- Demonstrated success leading inventory-accuracy or process-improvement initiatives, with specific examples of investigating discrepancies, correcting root causes, and sustaining improvements.
- Strong inventory-system and analytical skills, including experience with ERP inventory transactions and Excel tools such as pivot tables, lookups, and data reconciliation. Experience in an AS400 environment would be preferred.
- Experience developing procedures, training employees, and coordinating improvements across departments, including the ability to gain cooperation without having direct supervisory authority.
- Advanced Microsoft Excel skills, including data analysis and reporting.
- Strong organizational, analytical, and problem-solving skills.
- Forklift certification or ability to obtain certification.
Personal Characteristics:
- Highly analytical with exceptional attention to detail
- Results-oriented and accountable
- Excellent problem-solving and investigative skills
- Organized and self-motivated
- Strong communicator and collaborator
- Adaptable in a fast-paced manufacturing environment
- Committed to continuous improvement and operational excellence
- Passionate about accuracy, process discipline, and data integrity
- Adaptable, able to thrive in a dynamic work environment
Why would this role be exciting for me?
- Join a profitable and growing company committed to investing in its people and operations.
- Be the leader responsible for strengthening inventory accuracy and operational performance.
- Opportunity to make a visible impact through process improvement and inventory optimization initiatives.
- Work alongside a talented team dedicated to excellence, innovation, and customer satisfaction.
- Participate in a culture that values collaboration, empowerment, and professional development.
Richards Industrials firmly supports the principle and philosophy of equal opportunity for all individuals. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, or status as a protected veteran.
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