Inventory and Cost Analyst

Posted 12/04/2024 by Sammons Recruitment Ltd

Location:
Aldershot
Salary/Rate:
£40,000 - £41,000/annum
Sammons Recruitment Group are delighted to be working with an established global manufacturing group, based in Aldershot, with the aim of supporting them find a Commercial Inventory and Cost Analyst with a passion for data and cutting costs.

You will help analyse, audit, and cost operations in terms of inventory for the UK and International business. This role will also be heavily involved in cost saving in terms of overheads and stock products.

The day-to-day tasks will consist of purchasing control, stock management, report generation and cost analysis across the group as outlined below:

 

  • Develop relationships with key Vendors
  • Monitor and reduce procurement costs while improving efficiency
  • 3rd party product purchasing – any cost increases will need to be analysed as to the impact on product costs/overheads
  • UK warehouse stock purchasing
  • Involved in organising international shipments
  • Ensure inventory levels are sufficient
  • Ability to review and highlight overstocking to prevent storage issues
  • Review slow moving stock regularly to generate profit across the group
  • Ensuring accurate brand reporting
  • Collecting data to identify areas where the business can be improved
  • Suggest improvements to maximise efficiency and revenue, to actively save costs
  • Report generation for management meetings
  • Monitor changes in processes or methods to calculate effects on overall costs
  • Forecast and analyse costs of processes, labour, and inventory
Key Skills Needed as the Inventory and Cost Analyst:

  • Graduate degree (Economics etc) or equivalent working experience within a similar field/industry
  • Previous experience in Cost Analysis and reduction
  • Procurement cost management and analysis skills
  • Experience in procurement, inventory management or supply chain management
  • Adaptable to technology with experience using Excel and Microsoft Office applications
  • Knowledge of supplier agreements and contract management
  • The ability to multi-task and have strong analytical skills
  • The ability to distinguish between reliable and unreliable data
  • Great organisational skills (project planning and forecasting)
  • Excellent communication skills


If you know someone suitable for this role, share the word and through our referral scheme receive up to £250! Click here for further details on our recommendation scheme. This is just one of the many roles we are working on at the Sammons Recruitment Group. Please visit our website (url removed) for full details on all Permanent, Temporary and Contract career opportunities we are actively seeking candidates for. Recruiting on the basis of Talent, we are committed to supporting and promoting diversity in the workplace and consider all applications. Any salary advertised is for search purposes only. If you have not heard from us within 7 days you will have not been successful on this occasion, however, we would welcome your application for alternative vacancies.
Type:
Permanent
Start Date:
11/04/2024
Contract Length:
N/A
Job Reference:
V-81052
Job ID:
221465035

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