Location: Midland, TX
At Valiant, service is at the core of everything we do. Backed by experienced technical support and a hands-on approach, we provide versatile pumping solutions for customers around the world.
We are proud of being named as one of Oklahoma’s Top Workplaces!
Purpose: The Inventory Analyst is responsible for identifying appropriate inventory plans and strategies to predict and improve our inventory management and demand planning in line with business objectives.
ESSENTIAL FUNCTIONS:
- Partner with sales and supply chain to pull together and provide visibility into committed inventory levels and drive overall strategy and execution levels
- Analyze data and information to identify business opportunities
- Work closely with executive management to achieve outcomes based on company goals. Create monthly reports to management on key findings and assessments
- Collaborate with sales, inventory, and finance to improve cost-effectiveness across all platforms
- Own projects and strategies aimed at ensuring the perpetual health of inventory levels with the goal of mitigating financial/ operational risk
- Create Multi-level reporting to give insights into inventory health and effectiveness (such as turnover, aging, projected/ actuals vs plan)
- Regularly review and communicate inventory at risk and partner with the accounting team to manage the quarterly inventory reserve.
- Monitor Inventory performance and work with cross functional partners to develop action plans to improve stock levels and hit inventory targets
- Continuous focus on achieving efficiencies by developing and communicating requirements to internal and external partners with respect to data, systems, process, and operational needs for inventory management
- Assist in determining proper order items and quantities from suppliers. Coordinate with Supply Chain and Regional personnel to ensure proper equipment in appropriate amounts is in the pipeline or on hand
- Collaborate with operations and sales teams to forecast parts and equipment requirements
- Use industry knowledge, along with data from sales forecasts and supply chain to develop a consistent strategy to adjust inventory levels as business needs change
- Comply with Company policy and procedures, whether written or communicated verbally, including the instructions and directions from individuals in direct supervisory positions
EDUCATION/LICENSES/CERTIFICATIONS:
- Bachelor’s degree in Inventory Management, Supply Chain Management, Operations or Business Administration preferred
- CPIM certification a plus
- Must have and maintain a valid state driver’s license
EXPERIENCE:
- A minimum of five years’ experience in inventory management with high financial accountability to include a background in purchasing, quoting, and negotiating with vendors is required for this position
- Proven ability to be a strategic and creative problem solver
- Process, product, and a builder mindset. Experience in implementing/ integrating inventory management/ allocation/ demand planning systems a plus
- Experience in artificial lift preferred
SKILLS/KNOWLEDGE:
- Intermediate computer proficiency (MS Office-Word, Outlook, Internet, proficient with Excel, data import/export and structure and Net Suite)
- Basic accounting knowledge
- Organizational skills required
- Detail orientation and keen attention to accuracy
- Strategic and critical-thinking skills to establish action plans and routinely assess their effectiveness
SUPERVISION GIVEN:
This position will directly supervise exempt and/or non-exempt employees.
SUPERVISION RECIEVED
This position receives minimal supervision; incumbent makes most decisions about how/when work is performed and is expected to be able to identify work problems which require supervisory intervention.
COMPETENCIES:
Core – these skills, abilities and knowledge must be possessed by the individual in this role to a minimum level of proficiency as a condition of employment.
- Customer Focus – Meets the expectations of internal and external customers; acts with them in mind; uses customer information; builds solid customer relationships
- Integrity and Trust – Is honest and trusted; keeps confidences; admits mistakes; tells the only truth even if it hurts; does not misrepresent self for personal gain
- Policy Compliance and Corporate Citizenship – Complies with policy and procedures; cooperates; is not insubordinate or derisive; tries to be positive influence at work
- Ethics and Values – Adheres to our core values; acts in line with those values; walks the talk; enforces the right values and disapproves of wrong/inappropriate behavior
- Functional/Technical Skills – Has functional and technical knowledge and skills to perform own job with a high level of success
Critical – these skills, abilities and knowledge must be possessed by the individual in this role to a minimum level of proficiency for a successful level of job performance.
- Action Oriented – Engaged and energized; able to act with minimal planning; quickly seizes opportunities; doesn’t need to be told when action is necessary
- Problem Solving – Uses rigorous logic to solve difficult problems with effective solutions; probes for real answers; goes beyond the obvious
- Time Management – Uses time effectively and efficiently; focuses on priorities; meets productivity requirements; gets a lot accomplished in the least time required
- Conflict Management – Steps up to conflicts; reads situations quickly; participates in resolution and gets cooperation; seeks and accepts common ground to build agreements
- Self-Development – Works to improve; knows different skills and approaches may be needed; actively seeks to shore up gaps in knowledge or skills; career-growth oriented
Supervisory/Managerial – these skills, abilities and knowledge must be possessed by the individual in this role to a minimum level of proficiency to be a successful manager of people.
- Strategic Vision – Sees ahead clearly; anticipates consequences and trends accurately; has broad perspective; is future oriented; can paint credible visions of possibilities; communicates a compelling sense of purpose; is optimistic; inspires & motivates
- Command Skills – Relishes leading, takes charge; is looked to for direction in a crisis; faces adversity head on; sets clear objectives, lays out organized work plans, monitors progress, provides feedback as needed; keeps two-way dialogue open with direct reports
- Dealing with People – Delegates both routine & important tasks and decisions, shares responsibility & accountability, tends to trust people; deals with problem employees firmly & timely, doesn’t allow problems to fester, readily makes tough and negative decisions
- Building Teams – Is a good judge of talent; can assess strengths/weaknesses of staff & project what people might do; blends people together to foster good morale & spirit; creates a feeling of belonging; lets others be responsible for their work; defines success for team
- Developing Talent – Provides challenging assignments; holds development discussions; knows career goals of reports; constructs formal or informal development plans; pushes direct reports to grow; is a people builder
PHYSICAL REQUIREMENTS:
- Perform sedentary work with limited physical exertion and occasional lifting, carrying, and pushing of up to 20 lbs
- Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator
- Must be able to routinely perform work on computer for an average of 7 hours per day
- Must be capable of reaching above head, above shoulder
- Must be capable of regular, reliable, and timely attendance
WORK ENVIRONMENT:
- Must be able to routinely perform work indoors in a climate-controlled office with minimal noise, and regularly in an open shop environment with or without climate control.
Nothing in this position description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.