Sensience is a leading global manufacturer of highly engineered sensing, control, and sealing components.
We deliver mission-critical protection and valuable data for a wide range of systems, including appliances, heating, air conditioning, refrigeration units, industrial process equipment, motor vehicles, and aerospace. We have nearly 3,000 employees worldwide across 7 manufacturing facilities dedicated to keeping people and their homes safe.
Sensience brings a track record of over 75 years of innovation, quality, specialized expertise, a highly collaborative approach, and a commitment to growth – working together with our customers as valuable partners, helping to meet their critical objectives. We recently re-established ourselves as an independent company and looking for entrepreneurial minded candidates to help our company grow.
Position Summary
We are seeking a highly analytical, data-driven Inventory Analyst to optimize inventory levels, help improve forecast accuracy, and drive measurable improvements in working capital and service levels. This role will leverage statistical analysis and data modeling to identify inefficiencies, recommend actions, and partner cross-functionally with Operations, Supply Chain, Finance, and Sales to execute improvements.
Position Responsibilities:
- Analyze inventory levels, turns, aging, excess & obsolete inventory, and service levels.
- Develop models for safety stock, reorder points, and EOQ. Identify root cause of inventory imbalances and build reporting dashboards.
- Partner with Sales and Operations to promote forecasting accuracy. Apply statistical techniques such as regression modelling and time series analysis. Monitor forecast accuracy and drive improvements.
- Recommend and implement inventory strategies to reduce working capital. Drive reduction of excess and obsolete inventory. Improve ERP/MRP planning parameters and processes.
- Work with Operations, Procurement, and Finance to optimize inventory levels and communicate findings clearly to leadership and stakeholders.
Position Requirements:
- Bachelor’s degree in Supply Chain, Operations, Engineering, Finance, or a related field
- 3-7+ years of experience in inventory or supply chain analytics
- Experience working in a manufacturing field preferred
- Strong Excel and data visualization skills
- Knowledge of statistical modeling and forecasting
- APICS certification (CPIM/CSCP) preferred
- Experience with ERP and Planning systems
- Knowledge of the S&OP process