Skills & Competencies for Inventory Control Analyst III

Inventory Control Analyst III job profile

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JOB SUMMARY for Inventory Control Analyst III

Controls inventory of finished goods needed to fullfill forecasted sales and scheduled distribution plans.

JOB RESPONSIBILITIES for Inventory Control Analyst III

Monitors and updates master schedule to reflect inventory turnover, stocking decisions, forecasting, and administrative controls. Analyzes inventory levels, production speed, product demand, and shipment schedules that determine reorder levels and ensure product availability and minimize inventory costs. Maintains and updates inventory system. Creates and reviews reports to identify trends or issues and to support or inititate actions or adjustments.

Inventory Control Analyst III SALARY RANGE

BASE 50%
$84,688
TOTAL 50%
$88,508
Job Level
P03
Job Code
MM18000017
Education/Degree
Bachelor's Degree
Reports To
Supervisor or Manager

Inventory Control Analyst III 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 Inventory Control Analyst III skill and competencie below to view definitions.
JOB FAMILY COMPETENCIES CORE COMPETENCIES
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12 general skills or competencies (Job family competencies) for Inventory Control Analyst III

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 basic functionality of general ERP systems.
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Level 2 Behaviors
(Light Experience)
Gathers user requirements for current ERP business systems.
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Level 3 Behaviors
(Moderate Experience)
Executes ERP resource planning and configuration in accordance with our solution architecture designs.
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Level 4 Behaviors
(Extensive Experience)
Directs ERP migration and implementation to enhance business visibility and transparency.
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Level 5 Behaviors
(Mastery)
Builds ERP structures and systems to enable a collaboration-based and data-driven work environment.
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2 Job Family Competencies – ERP Systems
Proficiency Level -3
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)
Describes different ERP systems and transaction flows.
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Level 2 Behaviors
(Light Experience)
Collects and enters information from queries in ERP systems.
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Level 3 Behaviors
(Moderate Experience)
Leverages data processing to support the integration of ERP systems with business processes.
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Level 4 Behaviors
(Extensive Experience)
Directs the implementation of solution architectures and design into the core ERP system.
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Level 5 Behaviors
(Mastery)
Develops enterprise-wide software projects to drive digital transformation for our business.
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3 Inventory Control Analyst III - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Inventory Control Analyst III
Proficiency Level - 4
5 Competency for - Inventory Control Analyst III
Proficiency Level - 5

7 soft skills or competencies (core competencies) for Inventory Control Analyst III

1 Core Competencies – Key Performance Indicators (KPI)
Proficiency Level -3
Skill definition-Knowledge of and ability to apply a set of quantifiable measurements to determine how effectively an individual, team or organization is achieving a business objective.
Level 1 Behaviors
(General Familiarity)
Contrasts KPI with other performance management tools, such as Balanced Score Card (BSC) and Objectives and Key Results (OKR).
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Level 2 Behaviors
(Light Experience)
Follows up on regular action items related to KPI implementation.
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Level 3 Behaviors
(Moderate Experience)
Consolidates internal and external information to define and select applicable KPI.
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Level 4 Behaviors
(Extensive Experience)
Designs and develops KPI metrics and dashboards for various functions and purposes.
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Level 5 Behaviors
(Mastery)
Conducts lectures on KPI best practices at industry conferences.
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2 Core Competencies – Attention to Detail
Proficiency Level -3
Skill definition-Executing and completing a task with a high level of accuracy.
Level 1 Behaviors
(General Familiarity)
Explains why attention to detail plays an important role in own function or unit.
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Level 2 Behaviors
(Light Experience)
Processes limited amounts of detailed information with reasonable accuracy.
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Level 3 Behaviors
(Moderate Experience)
Processes large quantities of detailed information with high levels of accuracy.
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Level 4 Behaviors
(Extensive Experience)
Demonstrates expertise in quality assurance tools, techniques, and standards.
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Level 5 Behaviors
(Mastery)
Designs techniques for measuring the cost and impact of errors.
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3 Inventory Control Analyst III - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Inventory Control Analyst III
Proficiency Level - 4
5 Competency for - Inventory Control Analyst III
Proficiency Level - 5

Summary of Inventory Control Analyst III skills and competencies

There are 0 hard skills for Inventory Control Analyst III.
12 general skills for Inventory Control Analyst III, Enterprise Resource Planning (ERP), ERP Systems, Bill of Materials, etc.
7 soft skills for Inventory Control Analyst III, Key Performance Indicators (KPI), Attention to Detail, Honesty And Integrity, etc.
While the list totals 19 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 Inventory Control Analyst III, he or she needs to be skilled in Key Performance Indicators (KPI), be skilled in Attention to Detail, and be skilled in Honesty And Integrity.

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