Inventory Analyst

6 Months ago • All levels • Operations

Job Summary

Job Description

As an Inventory Analyst at Mattel, you will be responsible for optimizing inventory levels and ensuring efficient replenishment processes. This involves conducting in-depth analysis of inventory levels, trends, and forecasts to optimize stock across all product categories and locations. You will collaborate with the forecasting team, implement strategies to improve replenishment, track key inventory metrics (inventory health, forecast variance, fill rate), maintain inventory databases, and prepare regular reports for management review. The role requires strong analytical skills, proficiency in Excel or similar tools, and excellent communication skills. You will identify opportunities for process improvement and efficiency gains within inventory management.
Must have:
  • Inventory analysis and optimization
  • Demand forecasting and replenishment
  • Data analysis and reporting skills
  • Proficiency in Excel
  • Excellent communication skills
Good to have:
  • Knowledge of inventory management software
  • Experience in retail or consumer goods

Job Details

Company Description

CREATIVITY IS OUR SUPERPOWER. It’s our heritage and it’s also our future. Because we don’t just make toys. We create innovative products and experiences that inspire, entertain and develop children through play. Mattel is at its best when every member of our team feels respected, included, and heard—when everyone can show up as themselves and do their best work every day. We value and share an infinite range of ideas and voices that evolve and broaden our perspectives with a reach that extends into all our brands, partners, and suppliers.

Job Description

The Opportunity:

In this role, you will be accountable of optimizing inventory levels and ensuring efficient replenishment processes. Your primary responsibility is to support data-driven decision-making through comprehensive analysis and reporting.

What Your Impact Will Be:

  • Inventory Analysis: Conduct in-depth analysis of inventory levels, trends, and forecasts to optimize stock levels across all product categories and locations.
  • Demand Forecasting: Collaborate with the forecasting team to analyze demand patterns and ensure accurate forecasting models are maintained.
  • Replenishment Optimization: Implement strategies to improve replenishment processes, including optimizing safety stock levels and replenishment schedules.
  • Performance Monitoring: Track and report on key inventory metrics such as inventory health, forecast variance, inventory projections, and fill rate. Provide actionable insights and recommendations for improvement.
  • Data Management: Maintain and update inventory databases and systems, ensuring data accuracy and integrity, including Quality-related incidents.
  • Reporting: Prepare regular reports and dashboards for management review, highlighting inventory performance, trends, and exceptions. Manage a suite of regional/local market reports to inform inventory decision-making.
  • Continuous Improvement: Identify opportunities for process improvement and efficiency gains in inventory management practices.

Qualifications

What We’re Looking For:

  • Education: Bachelor's degree in Business Administration, Supply Chain Management, Logistics, or a related field preferred.
  • Experience: Proven experience as an Inventory Analyst or in a similar role, preferably within the retail or consumer goods industry.
  • Skills:
    • Strong analytical skills with proficiency in Excel or other data analysis tools.
    • Knowledge of inventory management software is advantageous.
    • Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams.
    • Detail-oriented and capable of managing multiple priorities in a dynamic environment.
    • Ability to thrive in a fast-paced, agile environment.

Additional Information

Who We Are:

Mattel is a leading global toy company and owner of one of the strongest catalogs of children’s and family entertainment franchises in the world. We create innovative products and experiences that inspire, entertain and develop children through play. We engage consumers through our portfolio of iconic brands, including Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO and MEGA, as well as other popular intellectual properties that we own or license in partnership with global entertainment companies. Our offerings include film and television content, gaming, music and live events. We operate in 35 locations and our products are available in more than 150 countries in collaboration with the world’s leading retail and ecommerce companies. Since its founding in 1945, Mattel is proud to be a trusted partner in empowering children to explore the wonder of childhood and reach their full potential.

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