Inventory Business Analyst

Colorado Springs, CO, United States

Inventory Business Analyst page is loaded **Inventory Business Analyst**

**Inventory Business Analyst**

locationsColorado Springs, CO time typeFull time posted onPosted 29 Days Ago job requisition idJR19034 ****Creating Peace of Mind by Pioneering Safety and Security****

At Allegion, we help keep the people you know and love safe and secure where they live, work and visit. With more than 30 brands, 11,000+ employees globally and products sold in 130 countries, we specialize in security around the doorway and beyond.

**Job Title:** Inventory Business Analyst

**Location:** Colorado Springs, CO

**Salary Range:** $39,000 - $72,400 annually

This range is provided by Allegion. Your actual pay will be based on your skills and experience.

The primary role of the Inventory Business Analyst is to proactively monitor and analyze buy inventory in a way that addresses up-stream issues in inventory management and strengthens the analytical capacity of the Planning Team. The primary focus will be to ensure ERP system is accurately maintained to improve inventory optimization in order to reduce shortages, maximize production throughput, and prioritize the opportunities which will create the biggest impact to inventory management.

**Position Responsibilities:**

* Analyze forecast data and sales trends to ensure buy planning attributes are in accordance with market needs to achieve on-time-to-market (OTM) of 8 days or less.

* Data analysis and reporting of key performance indicators such as: delivery performance, backlog, performance to schedule and inventory turns.

* Drives continuous process improvement, strives to improve efficiency, likely to challenge processes where favorable alternatives may be available.

* Maintain data integrity of ERP planning parameters. Parameters such as lead timesUbertool.

* Develop a comprehensive suite of standard and ad-hoc reports to support Inventory, Days on Hand and Excess and Obsolescence (E&O)/ reports at the business unit, market, region and brand levels. Collaborate with Materials team to develop an efficient automated system to deliver reports seamlessly and efficiently to the users

* Develop report mock-ups and data visualizations leading to better understanding on business problems and analytical insights

* Uncover supply chain and commercial opportunities / challenges at the business unit, market, region and brand levels. Collaborate with all relevant functional areas to help quantify opportunities / challenges and develop action plans to realize the potential

* Identify opportunities to improve the information delivery mechanisms through improved processes or application of superior technology

* Reporting, advising and leading projects on process improvements.

* Develops a working knowledge of end-to-end inventory management, best practices, as-is business process, event participants and triggers, master data management, transactional data management, item lifecycle, including sourcing, stocking, distribution, replenishment, reverse logistics, and/or dispositions and any and all regulatory compliance guidelines and/or ordinances that influence the business process.

* Utilizes knowledge to support analysis and develop recommendations based on business needs, or opportunities to drive cost savings or efficiencies.

* Leads strategic analysis to support efficiencies in inventory management.

* Performs data analysis on Key Performance Indicators and makes actionable recommendations.

* Tracks and facilitates the completion of action items. Distributes timely and comprehensive communication to appropriate stakeholders.

**Key Competencies and Success Factors:**

* Ability to effectively make complex decisions with limited time and information and can determine decision making criteria based on priorities.

* Ability to collaborate effectively across multiple disciplines with internal and external resources.

* Strong analytical capabilities, with a basic understanding of statistical analysis techniques.

* Strong interpersonal skills, independent problem resolution, proven leadership ability, and the ability to manage the requirement of others.

* Data access/retrieval skills with extensive experience in data analysis, data manipulation using MS Excel and/or other tools as provided.

* Working knowledge of ERP system and material attributes.

* Working knowledge of Power BI a plus.

****Experience and Skills Required:****

* BS/BA degree in business or engineering discipline

* Minimum of 3-5 years of experience in analyzing data relating to product forecasting, master scheduling, or shipment forecasting.

* APICS Certification in Production and Inventory Management (CPIM), or commitment to obtain within the first 18 months of employment.

* Experience with rate-based or flow line (non-MRP) and job shop manufacturing environments.

* Experience in operations, inventory management, MRP and lean manufacturing processes.

* Experience with visual management systems.

**What Youll Get from Us:**

* Health, dental and vision insurance coverage, helping you

* Unlimited Paid Time Off

* A commitment to your future with a 401K plan, which currently offers a 6% company match and no vesting period

* Health Savings Accounts Tax-advantaged savings account used for healthcare expenses

* Flexible Spending Accounts Tax-advantaged spending accounts for healthcare and/or dependent daycare expenses

* Disability Insurance Short-Term and Long-Term coverage, paid for by Allegion, provides income replacement for illness or injury

* Life Insurance Term life coverage with the option to purchase supplemental coverage

* Tuition Reimbursement

* Voluntary Wellness Program Simply complete wellness activities and earn up to $2,000 in rewards

* Employee Discounts through Perks at Work

* Community involvement and opportunities to give back so you can

* Opportunities to leverage your unique strengths through CliftonStrengths assessment & coaching

****

******We Celebrate Who We Are!******

Allegion is committed to building and maintaining a diverse and inclusive workplace. Together, we embrace all differences and similarities among colleagues, as well as the differences and similarities within the relationships that we foster with customers, suppliers and the communities where we live and work. Whatever your background, experience, race, color, national origin, religion, age, gender, gender identity, disability status, sexual orientation, protected veteran status, or any other characteristic protected by law, we will make sure that you have every opportunity to impress us in your application and the opportunity to give your best at work, not because were required to, but because its the right thing to do. We are also committed to providing accommodations for persons with disabilities. If for any reason you cannot apply through our career site and require an accommodation or assistance, please contact our Talent Acquisition Team.

Allegion plc, 2020 | Block D, Iveagh Court, Harcourt Road, Dublin 2, Co. Dublin, Ireland

REGISTERED IN IRELAND WITH LIMITED LIABILITY REGISTERED NUMBER 527370

Allegion is an

**We are Allegion.**

A team of experts.

United under a common desire;

Protect today innovate for tomorrow.

And never settle for the status quo.

We believe in anticipating opportunities

by sharpening our skills

and finding new answers

through collaboration.

We believe in a safer, more secure world.

We believe in providing peace of mind.

We believe in being true to ourselves and to those

who trust-in our protection.

We are many. We are one.

**We are Allegion.**

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