Purchasing Analyst at London Approach in Wayne, Pennsylvania

Job Description:

Job Title: Purchasing & Inventory Analyst

Job Overview:

We are seeking a detail-oriented and analytical Purchasing & Inventory Analyst to join our team. This role is responsible for managing procurement activities, optimizing inventory levels, and ensuring a seamless supply chain operation. The ideal candidate will have a strong understanding of purchasing principles, demand forecasting, and supplier management to support business objectives effectively.

Key Responsibilities:

Purchasing & Procurement:

• Manage purchasing processes, including supplier selection, negotiation, and order placement.
• Collaborate with vendors to ensure timely and cost-effective procurement of goods and materials.
• Analyze purchase requests and ensure compliance with company policies and budget constraints.
• Monitor supplier performance, track key metrics, and maintain strong vendor relationships.

Inventory Management & Analysis:

• Monitor inventory levels and analyze trends to optimize stock levels and reduce excess inventory.
• Conduct regular inventory audits and reconciliations to ensure accuracy.
• Develop and implement inventory control strategies to minimize shortages and overstock situations.
• Work closely with warehouse and logistics teams to enhance inventory flow and efficiency.

Data Analysis & Reporting:

• Utilize data analytics to forecast demand and determine optimal purchasing decisions.
• Generate reports on inventory performance, purchasing trends, and cost-saving opportunities.
• Identify process improvement initiatives to streamline procurement and inventory operations.

Cross-Functional Collaboration:

• Work with finance, sales, and operations teams to align inventory strategies with business needs.
• Support product lifecycle management by coordinating with relevant departments on stock replenishment and phase-outs.
• Assist in ERP system updates and improvements related to purchasing and inventory modules.

Qualifications & Skills:

• Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
• 2+ years of experience in purchasing, procurement, or inventory analysis.
• Proficiency in inventory management software and ERP systems (e.g., SAP, Oracle, NetSuite).
• Strong analytical and problem-solving skills with attention to detail.
• Excellent communication and negotiation abilities.
• Ability to multitask, prioritize, and work in a fast-paced environment.
• Advanced knowledge of Microsoft Excel and data visualization tools is a plus.

Why Join Us?

• Competitive salary and benefits package.
• Opportunity to work in a dynamic and global organization.
• Career growth and professional development opportunities.
• Collaborative and innovative work environment.

If you are a proactive and analytical professional looking to make an impact in purchasing and inventory management, we encourage you to apply! Apply Now