Job Description
Job Duties - Inventory Reserve Ownership:
- Lead the review of Safety, Sensing & Industrial Components (SIC) business inventory reserves on a monthly and quarterly basis
- Analyze data on slow-moving, excess, and obsolete (E&O) inventory and provide recommendations to Finance
- Partner with Product Management and Operations to understand usage patterns, obsolescence risks, and business decisions impacting reserve levels
- Track aging inventory trends and support initiatives to reduce reserve impact
- Reporting & Insights Development:
- Maintain and evolve productivity and inventory-related dashboards and trackers
- Analyze trends and present clear, concise summaries to support strategic decision-making
- Provide data extracts and visualization support for leadership presentations and business reviews
- Respond to ad hoc data requests related to cost savings, aging inventory, and spend visibility
- Cross-Functional Collaboration:
- Work directly with Finance, Product Management, Operations, and Sourcing to validate data and align on shared priorities
- Support the business unit's productivity targets by ensuring accurate tracking and reporting
- Build strong working relationships to navigate the matrixed organization and drive aligned actions
Qualifications - Bachelor's degree in Business, Finance, Supply Chain, or a related field
- Exposure to continuous improvement or Lean methodologies (e.g., Yellow Belt training)
- 2+ years of experience in analytics, finance, supply chain, or reporting roles
- Analytical thinker with the ability to derive insights from large datasets
- Advanced proficiency in Microsoft Excel (pivot tables, formulas, VLOOKUP/XLOOKUP, data validation)
- Experience working with large datasets and translating data into actionable insights
- Clear and effective written and verbal communication skills
- Ability to collaborate cross-functionally with Finance, Product Management, and Operations
- Strong organizational skills with attention to detail and accuracy
- Ability to manage recurring tasks while responding to ad hoc analysis requests
- Experience using ERP systems (SAP or equivalent) for data review or procurement activities
- Familiarity with inventory reserve processes, including excess and obsolete (E&O) analysis
- Experience with Power BI, Tableau, or other dashboard/reporting tools
- Understanding of procurement workflows, shopping cart creation, and shipping coordination
- Knowledge of cost accounting or manufacturing environments
- Understanding of cost drivers in manufacturing or distribution environments
- Problem-solving abilities
Benefits Healthcare Insurance: Synectics offers eligible employees and their dependents healthcare coverage through BlueCross BlueShield of Illinois. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics. Premiums are subsidized by Synectics.
Dental Insurance: Synectics offers eligible employees and their dependents a dental plan through MetLife. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics.
Vision Insurance: Synectics offers eligible employees vision insurance through VSP. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics.401(k) Plan: The Synectics Inc. Investment Savings Retirement Plan. Synectics offers all employees who are 21 years of age or older the opportunity to invest in the 401(k) Plan on the first enrollment date that is at least 30 days after employment begins. Enrollment dates are each January 1st, April 1st, July 1st, and October 1st.
Technical Certification Bonus: Synectics is pleased to award its employees a bonus of up to $500 for an approved professional certification. In determining the bonus amount, Synectics will consider the cost of the test(s) for any certification relating to your current position, achieved during your employment with us. Only one Certification Bonus per calendar year may be awarded per employee. Only current, active employees will be eligible to receive this bonus. It will be awarded 90 days after the Synectics office has received documentation confirming the successful completion of the certification.
Synectics is an equal opportunity employer.
Job Tags
Full time, Work at office,