Skills & Competencies for Supplier Inventory Analyst

Supplier Inventory Analyst job profile

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JOB SUMMARY for Supplier Inventory Analyst

Coordinates the flow of products manufactured by third parties to customers and enhance the optimization of supply chain operations.

JOB RESPONSIBILITIES for Supplier Inventory Analyst

Monitors and analyzes key metrics including inventories, delivery time, lead times, and order cycles. Evaluates product forecasts, sales force forecasts, competitive information, and market conditions. Identifies trends, issues and opportunities for process improvements and efficiencies.

Supplier Inventory Analyst SALARY RANGE

BASE 50%
$70,819
TOTAL 50%
$72,481
Job Level
P02
Job Code
MM18000186
Education/Degree
Bachelor's Degree
Reports To
Manager or Head of a Unit/Department

Supplier Inventory Analyst Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Supplier Inventory Analyst skill and competencie below to view definitions.
INDUSTRY COMPETENCIES JOB FAMILY COMPETENCIES CORE COMPETENCIES
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1 hard skill or competency (industry competency) for Supplier Inventory Analyst

1 Industry Competency – Distribution Requirements Planning
Proficiency Level -2
Skill definition-Planning the replenishment of inventory and determining the quantity of products to be transported to distribution centers to meet customer demand.
Level 1 Behaviors
(General Familiarity)
Describes the importance and use of replenishment tools and applications for the DRP process.
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Level 2 Behaviors
(Light Experience)
Helps with DRP by checking the movements of materials into external warehouses.
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Level 3 Behaviors
(Moderate Experience)
Guides the junior staff on product distribution and daily replenishment activities.
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Level 4 Behaviors
(Extensive Experience)
Evaluates and recommends improvements to product distribution parameters.
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Level 5 Behaviors
(Mastery)
Leads demand forecasting and distribution process improvements to increase overall efficiency and productivity.
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3 Supplier Inventory Analyst - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Supplier Inventory Analyst
Proficiency Level - 4
5 Competency for - Supplier Inventory Analyst
Proficiency Level - 5

5 general skills or competencies (Job family competencies) for Supplier Inventory Analyst

1 Job Family Competencies – Enterprise Resource Planning (ERP)
Proficiency Level -2
Skill definition-Managing and integrating business processes with a single system through an ERP system software to eliminate redundancies and boost productivity.
Level 1 Behaviors
(General Familiarity)
Describes the process of enterprise resource planning in managing daily business processes.
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Level 2 Behaviors
(Light Experience)
Identifies operational issues associated with the transition to the ERP Cloud system.
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Level 3 Behaviors
(Moderate Experience)
Leverages ERP workflow technology to automate business processes.
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Level 4 Behaviors
(Extensive Experience)
Monitors daily reporting of ERP across multiple channels to improve overall data compliance and reliability.
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Level 5 Behaviors
(Mastery)
Designs workflow and configurations to facilitate the integration of ERP systems with other applications.
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2 Job Family Competencies – Inventory Control
Proficiency Level -2
Skill definition-Managing and controlling the availability and sufficiency of supplies to balance supply, meet demands, and ensure a functional supply chain.
Level 1 Behaviors
(General Familiarity)
Discusses the different types of inventory control systems.
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Level 2 Behaviors
(Light Experience)
Conducts regular stock checks and reports any issues to the management.
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Level 3 Behaviors
(Moderate Experience)
Investigates and corrects discrepancies in reported quantities and locations of all inventory.
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Level 4 Behaviors
(Extensive Experience)
Integrates inventory management principles in controlling stocks to avoid oversupply and undersupply.
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Level 5 Behaviors
(Mastery)
Establishes systems to assure the accuracy of cost-effective inventory management systems.
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3 Supplier Inventory Analyst - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Supplier Inventory Analyst
Proficiency Level - 4
5 Competency for - Supplier Inventory Analyst
Proficiency Level - 5

6 soft skills or competencies (core competencies) for Supplier Inventory Analyst

1 Core Competencies – Products And Services
Proficiency Level -2
Skill definition-Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.
Level 1 Behaviors
(General Familiarity)
Describes own business unit's role in the production of our organization's P/S.
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Level 2 Behaviors
(Light Experience)
Outlines the main advantages of our business's main P/S.
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Level 3 Behaviors
(Moderate Experience)
Examines the products and services from the perspective of the customer.
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Level 4 Behaviors
(Extensive Experience)
Incorporates quantifiable evidence to prove that the value of the product is credible.
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Level 5 Behaviors
(Mastery)
Educates others on the structure and integration of cross-functional products or services.
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2 Core Competencies – Analytical Thinking
Proficiency Level -2
Skill definition-Gathering, organizing, and analyzing information to identify the root cause of organizational problems and develop alternative solutions accordingly.
Level 1 Behaviors
(General Familiarity)
Lists skills, traits, and characteristics of analytical thinkers.
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Level 2 Behaviors
(Light Experience)
Illustrates logical relationships among diverse entities.
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Level 3 Behaviors
(Moderate Experience)
Investigates analytical thinking tools and incorporates them accordingly.
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Level 4 Behaviors
(Extensive Experience)
Guides others to analyze all factors and parameters that need to be considered.
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Level 5 Behaviors
(Mastery)
Promotes the adoption of business intelligence analysis technology to drive strategic decisions.
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3 Supplier Inventory Analyst - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Supplier Inventory Analyst
Proficiency Level - 4
5 Competency for - Supplier Inventory Analyst
Proficiency Level - 5

Summary of Supplier Inventory Analyst skills and competencies

There are 1 hard skills for Supplier Inventory Analyst, Distribution Requirements Planning.
5 general skills for Supplier Inventory Analyst, Enterprise Resource Planning (ERP), Inventory Control, Inventory Management, etc.
6 soft skills for Supplier Inventory Analyst, Products And Services, Analytical Thinking, Attention to Detail, etc.
While the list totals 12 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Supplier Inventory Analyst, he or she needs to be proficient in Products And Services, be proficient in Analytical Thinking, and be proficient in Attention to Detail.

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