Inventory Analyst

Fortune Brands Innovations, Inc. is an industry-leading home, security and digital products company. We’re focused on exciting opportunities within the home, security and commercial building markets. Our driving purpose is to elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

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The Inventory Analyst is a member of the Global Inventory Team, supporting Moen in the Water Innovation business unit. In this position, you will be playing a critical role in managing and optimizing inventory throughout the supply chain. The ideal candidate will have strong analytical skills, a solid understanding of inventory management practices, and the ability to forecast supply and demand to ensure optimal stock levels. The key performance metrics in this role will center around the balance of customer service levels and inventory productivity for Fortune Brands Innovations (FBIN).

RESPONSIBILITIES:

• Analyze inventory levels and product demand to determine reorder levels. This includes maintaining the process, validating data, identifying data issues, and performing analyses to optimize service/inventory productivity.
• Support cross-functional teams on questions related to reorder levels. Seek feedback from planners on changes.
• Develop and automate reports to support robust processes, troubleshoot problems and develop solutions.
• Review service performance and inventory levels required to deliver Quantity-On-Time. Make recommendations for improvement and work with the appropriate cross-functional teams to ensure metrics are achieved.
• Continuously model excess inventory to determine and eliminate root causes.
• Perform material master governance over key fields that impact planning processes through regular audits for accuracy and to identify discrepancies.
• Prepare and present inventory reports, data, and analysis to management.
• Support new supply chain initiatives as needed by running simulations, determining methods to execute, and implementing the inventory changes.
• Provide analytical support for life cycle modeling including new product introduction and End of Life. Support projects to smoothly transition to the new product and minimize obsolete material. Work with project teams as necessary to execute the planned transition on time.
• Support continued integration of all business units into standard supply chain processes.

• A Bachelor’s degree in Supply Chain Operations, Business, or a related field.
• Proven experience as an inventory analyst or in a similar role such as supply chain operations or demand/supply/material planning.
• Excellent analytical and problem-solving capabilities to assist with process design and redesign.
• Skilled in data consolidation, analysis and tools such as Microsoft Access or Microsoft Excel.
• Strong verbal and written communication skills, presentation skills, and the ability to establish cross functional relationships.

PREFERRED QUALIFICATIONS:

• Experience with ERP systems such as SAP or Oracle
• Certification in inventory management or supply chain management
• Knowledge of Orchestr8 (O8) Demand Driven Planning System and/or DDMRP.

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $60,000 USD - $99,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits, adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.

Fortune Brands is built on industry-leading brands and innovation within the high-growth categories of water, outdoors and security. The Company makes innovative products for residential and commercial environments, with a growing focus on digital solutions and products that add luxury, contribute to safety and enhance sustainability. To learn more, visit our website at fbin.com.

Equal Employment Opportunity

Fortune Brands is an equal opportunity employer. Fortune Brands evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations

Fortune Brands is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information.

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