Inventory/Purchasing Analyst

Summary In this role you will be responsible to perform and report a variety of analysis such as inventory discrepancies, excess or obsolete inventory, freight costs, and unavailable inventory. You will also be in charge of maintaining costs updated according to latest purchases. Essential Duties and Responsibilities Information Management Maintain information on all stocking items and vendor information, including costs, in our ERP system. Set up and maintain new part numbers as needed. Cost Updates Monitor the timeliness of cost updates. Analyze and explain PPV variations at month end. Cycle Counts Conduct and coordinate weekly cycle counts on all locations. Analyze and report results. Enter inventory adjustments within a maximum of 8 days after completing the inventory count. Recommend changes, upgrades, or policies to correct generated differences. Prepare and send communications to each store with significant differences and expected completion dates. Carrier and RCD Invoices Monitor and process Carrier and RCD invoices with differences in price or quantity. Monitor orders not received 30 days past the expected receive date. Prepare and monitor claims related to these suppliers. Update claim status. Coordinate monthly meetings to review the status of the Carrier account. Icron Monitor the aging of Icron items. Develop policies and procedures for purchase and processing of Icron items. Conduct monthly or weekly reviews of Icron as needed. Move items to regular inventory when determined they will not be sold. Provide weekly reports on aging. Contact owners and obtain commitments to action plans. Coordinate the annual physical inventory. Develop location reports including order and item codes. Inventory Adjustments Perform permanent review of account 4000. Investigate and process inventory adjustments. Conduct root‑cause analysis of adjustments. Soxa Weekly review and follow‑up to completion of outstanding issues related to operations such as negative inventory and zero cost items. Address price variations. Handle returns. Margin Hold Review and approve margin hold for all segments. Perform activity on a daily or weekly basis. Contact order owners or managers for explanations of differences. Freight In Keep a log of all freight expenses by vendor and purchase orders placed by all vendors. Analyze freight logs to calculate freight factor per vendor, twice a year or as needed. ESD Review and analyze ESD (excess, slow, and damaged) inventory. Host and present results in weekly meetings. Unavailable Inventory Monthly review, follow‑up, and investigation of unavailable inventory reports to set month‑end reserve. Investigate and process warranty expenses in unavailable inventory. Monitor the collection and elimination of unavailable inventory from stores. #J-18808-Ljbffr Watsco