Business Analyst Professional IV

Job Title: Business Analyst Professional IV
Location: Charlotte, NC (28202)
Duration: 12 Months
Job Description:
Although this is a virtual position, we are looking for someone in Raleigh or Charlotte area who is willing to come into the office. The first few months, they should be able to come in frequently for training. After that, they should be willing to come into the office on an as needed basis.
I. JOB SUMMARY:
The Inventory Optimization Analyst position for Transmission and/or Distribution is responsible for the collaborative analysis and management of inventory levels on behalf of their business partner operations located in the Carolinas, Florida, and Midwest regions. This position will institutionalize and manage a business intelligence discipline that enables visibility to material trends and identifies process improvement opportunities in support of inventory optimization strategies. Collectively, these positions manage ~$2.2B of inventory value, ~$2B of annual purchases, and ~250,000 items across ~300 locations (requiring ~100k inventory parameter adjustments in 2024).
This position will conduct detailed analysis in a collaborative fashion that illustrates fact-based actionable data. Such information will be used to identify, develop, and produce reports, tools and relevant performance indicators necessary for the effective and efficient measurement of inventory levels.
This position will deliver leadership and oversight to the relative Inventory Management team(s) by defining, creating, training and maintaining Inventory Management Processes. Where appropriate, it will introduce and support process improvement initiatives to drive efficiencies, reduce operating costs, achieve cost savings, and forecast inventory demand. Analyze data and provide appropriate recommendations as well as influence others to execute timely required objectives and lead cross-functional process improvement teams.
The analyst must be a student of both the Supply Chain lifecycle and business unit operations to offer recommendations and demonstrate a comprehensive understanding of material workflows. The consequence of decisions needs to be carefully evaluated to consider both upstream and downstream impacts. This is imperative to align with enterprise priorities and achieve success for the organization's result-driven, programmatic initiatives.
As this position will be the primary interface for inventory optimization initiatives, it will interact and coordinate closely with support organizations such as legal, treasury, finance, risk management, audit services, and supply chain strategy/support. This requires open collaboration, the creation of clear presentation material, and effective communication with personnel ranging from individual contributor to senior leadership.
The ideal candidate will demonstrate a continuous improvement mindset; influence change by presenting creative solutions with innovative approaches; communicate effectively in a meaningful and concise manner; and be well versed in the **** Inventory Control Policy and **** M&S Guidelines.
II. RESPONSIBILITIES AND DUTIES:
Manage the Distribution Transformer commodity for the **** enterprise. Will be the expert of the end-to-end supply chain for distribution transformers. Optimizing the inventory and supply chain processes, strategic planning, and working with Distribution to ensure availability.
Conduct comprehensive detailed analytics of inventory data to suggest actions and identify efficiency gains and continuous improvement initiatives. Review historical and current trends highlighting exceptions for consideration.
Administer work management data elements used in analysis and reporting, including but not limited to critical codes, stocking parameters, stock codes, lead times, and inventory codes. Administer system settings that support automation and material flows for the hub and spoke operating model where appropriate.
Support the evolution of warehouse operations and a changing footprint as the enterprise prepares for and executes the plan for its clean energy transition.
Prepare and provide inventory drivers to monitor the inventory position of the customer group supported to anticipate forecasted changes in inventory levels.
Manages materials by providing daily evaluation of material replenishments to maintain optimized inventory levels.
Utilizes information gained through reports, work plan data and communications with customers and suppliers to ensure that all materials are available to support Generation & Transmission/Distribution project schedules.
Collaborate with warehouse operations and station procurement to leverage inventory sharing opportunities.
Determine the most economical and efficient means of procuring materials and equipment for internal customers through transfer of material between plants. Identifies opportunities through the forecasting process to support cost avoidance, just-in-time deliveries, and overall inventory management while maintaining optimal inventory levels to support. Lead Inventory Health meetings and assessments.
This role will provide process direction for the team and will serve as an SME for the organization, including situational coaching.
Each person on the team serves as a leader. Servant Leadership is our model for leadership.
Job-specific knowledge, skills or abilities:
• Demonstrated business and financial experience
• Excellent planning and organizational skills
• Excellent written and verbal communication skills
• Demonstrated ability to work independently and multi-task
• Excellent interpersonal skills
• Proved analytical and statistics experience, with a focus on decision making
• Demonstrated skills with Microsoft programs including PowerPoint, Excel and Power BI
• Demonstrated skills with Maximo
• Expertise in data mining, with the ability to develop targeted analytics addressing multiple situations and problems
• Proven ability to collaborate effectively within a team atmosphere
• Project management skills
• Results-oriented and data driven work style
• Strong follow-through
III. JOB QUALIFICATIONS:
1. Basic/required Qualifications
a. Education Requirement: BS degree in business, supply chain, engineering, or other relevant field of study plus 4-10 years of work-related experience OR 10-14 years of related work experience in lieu of a degree.
2. Desired Qualifications
a. Graduate degree in supply chain, business, or data related fields
b. Strong working knowledge of inventory control functions
c. Supply Chain and/or inventory management experience
d. APIC-CPIM preferred
Work location can be any location.
Overtime may be required during storm duty and/or outages.
Qualification Assessment
Must Have
Education Requirements
Bachelor's Degree
Yes
Mobility Classification
Virtual teammates