Inventory Analyst

Location: USA, Schaumburg, IL – Hybrid work schedule. NTN is currently seeking an Inventory Analyst for our Schaumburg office. NTN Bearing Corporation (NBCA) is one of the world’s premier bearing manufacturers serving the automotive and industrial markets for over 100 years. Proven stability, growing sales, and career opportunities are a few of the factors that set NTN apart. Responsibilities Ad-hoc analytical projects and process creation Negotiate production with plant production control personnel, manage plant purchases to budget and provide analytical support for projects, new business opportunities, and proposals Reviews and executes planned purchases as scheduled in order to ensure effective flow of inventory Perform Inventory management analysis necessary to control inventory balances that will meet customer demand without unnecessary carrying cost Support the demand planning process through forecast/alert review and system updates Monitor backorders and take appropriate action to minimize recurrence Responsible for recurring replenishment in an effort to maintain inventory levels that promote best in class fill rates, including scheduling work orders, transfers and inventory re-works Job Qualifications Solid understanding of inventory management techniques and systems Proficiency using an ERP such as SAP or JD Edwards preferred Proficiency using CRM system such as Sales Force Knowledge and understanding of Procurement Operations Bachelor’s Degree in Supply Chain Management, Logistics, General Management, or Industrial Engineering desirable 1-3 Years previous experience in Inventory Planning, Logistics, Customer Service or Procurement Operations preferred Intermediate Excel abilities are required, including V-lookups, pivot tables, conditional formatting, IF statements, charts and graph creation Requirements Base pay offered to the successful candidate will be in the range of $50K - $65K, based on several factors. Benefits Company car stipend Choice of medical plans, dental, vision, life and disability insurance Cash matching 401(k) Plan Paid vacation and additional paid time off during the major holiday season Auto Plan Eligibility for tuition reimbursement NTN Bearing Corporation is an equal opportunity employer that strongly supports diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. We are committed to considering all qualified individuals with disabilities and will provide reasonable accommodation as needed throughout the hiring process. Qualified Veterans are encouraged to apply. #J-18808-Ljbffr