Inventory Analyst

Job title: Inventory Analyst

Company: Prodrive


Job description: At Prodrive we believe there’s no limit to what can be achieved when the brightest minds come together. Joining one focused and driven team, you will challenge boundaries in order to change the game for our customers. We are the world’s leading independent motorsport company and the business behind some of the greatest names and achievements in motorsport over the last 40 years. Our skilled Technicians, Mechanics, Fabricators and Engineers work together every step of the way to design, build and run elite competition cars on the track and off-road across the globe.We are looking for an Inventory Analyst to join our Planning team. This exciting opportunity will be pivotal in driving forward policies and processes to ensure the business holds the right amount of inventory to support both their customers and manufacturing teams, whilst ensuring the inventory investment is optimised.Key Responsibilities

• Maintain inventory stock levels on the ERP system (IFS) to support the sales forecast for car build and aftersales.
• Understand the engineering Bill of material and product structure to be able to correctly advise on product grouping and obsolescence.
• Ensure product codes, safety stock levels and parts status are kept up to date.
• Work cross-functionally to ensure obsolete stock is identified and managed. This will include pre-emptive actions to reduce the risk of obsolete stock, but also disposal methods when it is unavoidable (re-use, re-work, sell and scrap etc).
• Audit ERP inventory settings to ensure they have been set correctly and are in line with the agreed inventory targets.
• Report inventory service and efficiency metrics, alongside analysis of improvements, and work cross-functionally to drive actions through to conclusion.
• Process engineering releases and add product demand to IFS.
• Support the wider supply chain team with data requirements including reporting on adherence to IFS planning.

Who are we looking for?Our ideal candidate will have strong mathematical skills, demonstrated through a science, engineering or mathematical degree, A-level or apprenticeship, along with strong data analysis and excel skills. You will have an understanding of general supply chain processes such as forecasting, production planning, purchasing, as well as manufacturing operations. Commercially and financially astute with particular emphasis on cash flow, you will have the ability to drive and generate reports and metric dashboards, with a good understanding of ERP systems and how the parameters are used to drive inventory. IFS knowledge would be advantageous but not essential as full training will be given.What can we offer you?

• An attractive salary which will grow in line with your ongoing development and impact
• 25 days holiday (which increases with long service) with an opportunity to purchase up to 15 extra days
• Training opportunities for continuing professional development
• Onsite subsidised staff restaurant
• Car and pension salary sacrifice schemes
• Cyclescheme
• Exercise classes
• Paid time off for volunteering
• Consultations with our Fit 4 Life expert
• Social events throughout the year
• Exclusive company discounts
• Life assurance

We are an equal opportunities employerAt Prodrive we are committed to attracting and nurturing the best talent and creating an inclusive workplace. We value individual differences and diversity amongst all staff so that everyone has the widest opportunities to maximise their potential. We aim to ensure that no job applicant is placed at a disadvantage by practices or requirements which disproportionately impact protected groups and which are not justified by the demands of the job. If you feel you are right for this role, we welcome your application.Come and make a difference.

Expected salary:

Location: Banbury, Oxfordshire

Job date: Thu, 13 Mar 2025 06:47:44 GMT

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