Inventory Analyst - Roselle, IL

About Signode:

With over $2B in revenue, 80+ manufacturing facilities across 6 continents and over 9,000 employees worldwide, Signode is a leading manufacturer of a broad spectrum of transit packaging consumables, tools, software, and equipment that optimize end-of-line packaging operations and protect products in transit. Signode brings this extensive product portfolio together under hundreds of trusted brands to offer complete transit packaging solutions to its customers.

We produce strap, stretch and protective packaging. We also manufacture packaging tools and equipment used to apply the bulk packaging materials. These commercial packaging products are used to pack, bundle, unitize, protect, and secure goods during warehousing and transit. Our company is a pioneer in the industrial packaging sector with a long history of customer-focused innovations in materials, processes and automation technology that have revolutionized the sector.

Headquartered in Tampa, Florida, we are proud to be the Transit Packaging Division of Crown Holdings, Inc. We are excited to go to market as Signode and to share the portfolio of products, services and capabilities that make us the world's premier end-of-line packaging company.

Benefits:

Signode offers a comprehensive benefits package to full-time employees, which includes health, dental, vision, 401k, paid time off, life insurance, wellness perks, and more. Benefits begin the month following the hire date.

Salary:

$82,000 - $95,500

Summary

As an Inventory Analyst, you will be responsible for overseeing all aspects of inventory management, ensuring accuracy, efficiency, and optimization of inventory levels. You will analyze inventory data, forecast demand, monitor stock levels, and implement strategies to minimize stockouts and overstock situations. Additionally, you will collaborate with various teams to develop and implement inventory control procedures and recommend process improvements to enhance overall operational efficiency.

Essential Functions

• Conduct regular cycle counts of inventory and investigate discrepancies to ensure data accuracy.
• Collaborate with cross-functional teams to develop and implement inventory control procedures and best practices.
• Report manufacturing production in ERP system, troubleshooting any discrepancies
• Monitor inventory turnover rates and develop strategies to optimize
• Implement strategies to manage and reduce excess inventory levels
• Collaborate with Purchasing team to identify and minimize stockouts.
• Coordinate with purchasing and logistics teams to ensure timely replenishment of stock and efficient inventory flow.
• Conduct regular analysis of inventory levels and trends to identify opportunities for optimization.
• Develop and maintain inventory forecasting models to predict demand and facilitate accurate inventory planning.
• Generate reports and provide insights to management on inventory performance and trends.
• Identify opportunities for cost savings and process improvements in inventory management.
• Stay updated on industry trends and best practices in inventory management and recommend relevant changes to policies and procedures.

Position Qualifications

Education: Bachelor's degree in business administration, supply chain management, or related field.

Experience:

• Proven experience in inventory management or related field.
• APICS - CPIM certification a plus

Functional Success Drivers: These competencies are what we require for an individual to be successful in this role.

• Detail-oriented with strong organizational skills.
• Strong analytical skills with the ability to interpret complex data and make data-driven decisions.
• Experience with inventory management software (ERP/MRP) and Microsoft Excel.
• Excellent communication and interpersonal skills.
• Ability to work independently and collaborate effectively in a team environment.
• Knowledge of supply chain principles and inventory control best practices.

Reasonable Accommodation Statement

To perform this job successfully, the individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities.

The Company has reviewed this job description to ensure that essential functions and basic duties have been included. It is intended to provide guidelines for job expectations and the employee's ability to perform the position described. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent a contract of employment, and the Company reserves the right to change this job description and/or assign tasks for the employee to perform, as the Company may deem appropriate.

Signode Industrial Group, LLC is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.