Skills & Competencies for Vendor Managed Inventory Analyst II

Vendor Managed Inventory Analyst II job profile

JOB SUMMARY for Vendor Managed Inventory Analyst II

Maintains the customer's inventory replenishment levels and stock models based on approved schedule and agreed-upon targets.

JOB RESPONSIBILITIES for Vendor Managed Inventory Analyst II

Monitors and analyzes utilization, product availability, pricing, and lead times to prepare VMI models. Understands all VMI parameters, calculations and data feeds to accurately generate replenishment orders. Develops reports to track all metrics and identify trends or issues that impact inventory levels. Expedites and resolves any shipping, delivery, ordering or system issues that may impact expected inventory replenishment targets.

Vendor Managed Inventory Analyst II SALARY RANGE

BASE 50%
$73,667
TOTAL 50%
$76,311
Job Level
P02
Job Code
MM18000182
Education/Degree
Bachelor's Degree
Reports To
Manager or Head of a Unit/Department

Vendor Managed Inventory Analyst II 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 Vendor Managed Inventory Analyst II skill and competencie below to view definitions.

1 hard skill or competency (industry competency) for Vendor Managed Inventory Analyst II

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 Vendor Managed Inventory Analyst II - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Vendor Managed Inventory Analyst II
Proficiency Level - 4
5 Competency for - Vendor Managed Inventory Analyst II
Proficiency Level - 5

10 general skills or competencies (Job family competencies) for Vendor Managed Inventory Analyst II

1 Job Family Competencies – ERP Systems
Proficiency Level -2
Skill definition-Leveraging advanced tools and software systems to automate and manage core business functions cost-effectively to maximize performance.
Level 1 Behaviors
(General Familiarity)
Discusses main concepts and elements of enterprise resource planning (ERP) systems.
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Level 2 Behaviors
(Light Experience)
Conducts basic diagnosis and troubleshooting to identify root causes of ERP system issues.
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Level 3 Behaviors
(Moderate Experience)
Uses the ERP system to synthesize a consolidated production plan.
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Level 4 Behaviors
(Extensive Experience)
Manages large-scale ERP rollouts in the system implementation project.
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Level 5 Behaviors
(Mastery)
Leads the integration and alignment of ERP system standards into strategic technology decisions.
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2 Job Family Competencies – Distribution Management
Proficiency Level -2
Skill definition-Supervising and monitoring the movement of finished products from the supplier to the end user to avoid delivery delays and inventory shortages.
Level 1 Behaviors
(General Familiarity)
Explains concepts, components, and principles of distribution management.
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Level 2 Behaviors
(Light Experience)
Supports workflow refinement to help in evolving distribution strategy.
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Level 3 Behaviors
(Moderate Experience)
Uses distribution management software to track inventory levels and monitor shipping schedules.
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Level 4 Behaviors
(Extensive Experience)
Oversees distribution operations to ensure the achievement of established goals and objectives.
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Level 5 Behaviors
(Mastery)
Establishes best practices to standardize distribution operations and improve stock accuracy.
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3 Vendor Managed Inventory Analyst II - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Vendor Managed Inventory Analyst II
Proficiency Level - 4
5 Competency for - Vendor Managed Inventory Analyst II
Proficiency Level - 5

6 soft skills or competencies (core competencies) for Vendor Managed Inventory Analyst II

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)
Discusses the primary markets for the P/S.
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Level 2 Behaviors
(Light Experience)
Summarizes the features, specifications, or functions of any given P/S.
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Level 3 Behaviors
(Moderate Experience)
Explores target customers to sell and deliver products and services.
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Level 4 Behaviors
(Extensive Experience)
Instructs others to explain the key factors that differentiate the products from those of the competitors.
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Level 5 Behaviors
(Mastery)
Initiates an evaluation of the past, evolution, and future plans of the product or service line.
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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)
Identifies tools that assist analytical thinking.
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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)
Investigates industry trends and adjusts our business's strategy accordingly.
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3 Vendor Managed Inventory Analyst II - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Vendor Managed Inventory Analyst II
Proficiency Level - 4
5 Competency for - Vendor Managed Inventory Analyst II
Proficiency Level - 5

Summary of Vendor Managed Inventory Analyst II skills and competencies

There are 1 hard skills for Vendor Managed Inventory Analyst II, Distribution Requirements Planning.
10 general skills for Vendor Managed Inventory Analyst II, ERP Systems, Distribution Management, Inventory Control, etc.
6 soft skills for Vendor Managed Inventory Analyst II, Products And Services, Analytical Thinking, Attention to Detail, etc.
While the list totals 17 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 Vendor Managed Inventory Analyst II, 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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