Buyer / Inventory Analyst Buyer

  • company name Buyer
  • working location Office Location
  • job type Full Time

Experience: 2 - 2 years required

Pay:

Salary Information not included

Type: Full Time

Location: Chennai

Skills: Inventory Management, Supplier Management, Demand forecasting, Data validation, Negotiation, Replenishment, Purchase order management, Cost Accuracy Maintenance

About Buyer

Job Description

Analyzing inventory level & identify reason for the excess stock. Works with suppliers / customers to lean out excess parts. Quarterly review on demand trends & identify slow moving stocks. Reviewing inventory trends and recommending areas where we can lean out inventory. . Key knowledge on replenishment / re-order point . Works on Expedite / push out Request . Placing Purchase Order with Suppliers and follow ups Cost Accuracy Maintenance: Regularly review and update part costs in the ERP System to reflect the latest information obtained from suppliers. Ensure that all cost changes are accurately recorded and promptly reflected in the system & supplier POs. Data Validation: Cross-check supplier-provided cost data with internal records and invoices to ensure accuracy. Investigate and resolve any discrepancies found in the cost information and communicate with suppliers to rectify any inaccuracies. Yearly review on demand trends & identity parts with increase in EAU and negotiate with supplier on price reduction. Job Type: Full-time Schedule: Fixed shift Monday to Friday UK shift Experience: Inventory management: 2 years (Preferred) Buyer: 3 years (Preferred) Work Location: In person Expected Start Date: 02/05/2025,