Skills & Competencies for Inventory Control Analyst IV

Inventory Control Analyst IV job profile

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JOB SUMMARY for Inventory Control Analyst IV

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

JOB RESPONSIBILITIES for Inventory Control Analyst IV

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 IV SALARY RANGE

BASE 50%
$103,619
TOTAL 50%
$110,963
Job Level
P04
Job Code
MM18000171
Education/Degree
Bachelor's Degree
Reports To
Supervisor or Manager

Inventory Control Analyst IV 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 IV 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 IV

1 Job Family Competencies – Enterprise Resource Planning (ERP)
Proficiency Level -3
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)
Cites the terminologies used in enterprise resource planning.
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Level 2 Behaviors
(Light Experience)
Follows standard operating procedures in entering and tracking business data into ERP systems.
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Level 3 Behaviors
(Moderate Experience)
Audits ERP to ensure security compliance and support system adjustments for business growth.
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Level 4 Behaviors
(Extensive Experience)
Creates and delivers project plans to enhance ERP systems.
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Level 5 Behaviors
(Mastery)
Adapts to ERP trends and best practices to efficiently direct business operations and data accuracy.
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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)
Cites examples of ERP systems applicable to various businesses.
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Level 2 Behaviors
(Light Experience)
Assists in writing customized programs and scripts for ERP applications and configuration.
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Level 3 Behaviors
(Moderate Experience)
Adheres to software development methodologies in executing ERP systems to manage business functions.
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Level 4 Behaviors
(Extensive Experience)
Creates key metrics to measure the effectiveness of the existing ERP systems.
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Level 5 Behaviors
(Mastery)
Designs strategic plans to recommend system solutions and architectures to improve ERP capacity planning.
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3 Inventory Control Analyst IV - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Inventory Control Analyst IV
Proficiency Level - 4
5 Competency for - Inventory Control Analyst IV
Proficiency Level - 5

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

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)
Cites examples of KPIs applied at individual, team, and organizational levels.
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Level 2 Behaviors
(Light Experience)
Assists in KPI analysis and patterns discovery to support management in decision making.
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Level 3 Behaviors
(Moderate Experience)
Communicates KPI-related initiatives such as what, why, and how to ensure transparency.
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Level 4 Behaviors
(Extensive Experience)
Consults on using KPI for business review and forecasting.
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Level 5 Behaviors
(Mastery)
Champions the adoption of KPI-based management to promote high-performance culture.
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2 Core Competencies – Attention to Detail
Proficiency Level -4
Skill definition-Executing and completing a task with a high level of accuracy.
Level 1 Behaviors
(General Familiarity)
Cites steps and tips to improve attention to detail in the workplace.
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Level 2 Behaviors
(Light Experience)
Keeps full attention when listening to understand the message.
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Level 3 Behaviors
(Moderate Experience)
Implements a variety of cross-checking approaches and mechanisms.
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Level 4 Behaviors
(Extensive Experience)
Creates and implements quality management processes for our business.
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Level 5 Behaviors
(Mastery)
Defines possible hurdles to projects and creates strategies to deal with them.
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3 Inventory Control Analyst IV - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Inventory Control Analyst IV
Proficiency Level - 4
5 Competency for - Inventory Control Analyst IV
Proficiency Level - 5

Summary of Inventory Control Analyst IV skills and competencies

There are 0 hard skills for Inventory Control Analyst IV.
12 general skills for Inventory Control Analyst IV, Enterprise Resource Planning (ERP), ERP Systems, Bill of Materials, etc.
7 soft skills for Inventory Control Analyst IV, 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 IV, 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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