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INVENTORY & PRODUCT ANALYTICS
INVENTORY & PRODUCT ANALYTICS
Avalon Solution's logo

INVENTORY & PRODUCT ANALYTICS

Prasanna Rode's profile picture
Posted by Prasanna Rode
2 - 5 yrs
₹3.6L - ₹4.2L / yr
Indore
Skills
SQL
skill iconPython
SAP
Oracle
Netsuite

Job Title: Inventory & Product Analytics Specialist


Location: Indore (M.P.)


Job Type: Full-Time

 

Job Summary

 

We are seeking a highly analytical and detail-oriented Inventory & Product Analytics Specialist to join our team. The successful candidate will be responsible for analyzing inventory data, monitoring product performance, and providing actionable insights to optimize inventory levels, improve product availability, and drive overall business performance. This role requires strong analytical skills, an understanding of inventory management, and the ability to work collaboratively across departments.

 

Key Responsibilities

 

  • Inventory Management & Analysis:

 

  • Monitor and analyze inventory levels to ensure optimal stock levels across various product categories.
  • Identify slow-moving, overstocked, and out-of-stock items, and provide actionable recommendations to manage inventory flow.
  • Develop and maintain inventory forecasting models using historical data, trends, and market demands.
  • Conduct regular audits to ensure data accuracy in the inventory management system.
  • Provide reports on key inventory metrics such as stock turnover, days of inventory, and reorder points.

 

  • Product Analytics:

 

  • Analyze product performance, including sales trends, profit margins, and product lifecycles, to drive decision-making.
  • Track and report on key performance indicators (KPIs) related to product sales, including top-performing and underperforming items.
  • Collaborate with product development, marketing, and procurement teams to evaluate product trends and suggest strategies to enhance product offerings.
  • Assist in setting pricing strategies based on data analysis of product performance and market conditions.

 

  • Data Reporting & Visualization:

 

  • Create and maintain dashboards and reports to track inventory levels, product performance, and overall supply chain health.
  • Present insights and recommendations to key stakeholders, including management, operations, and marketing teams.
  • Provide ad-hoc data analysis as required by various departments.

 

  • Process Improvement:

 

  • Identify inefficiencies in inventory management processes and work with cross-functional teams to implement improvements.
  • Suggest automation and technology solutions for inventory tracking and reporting.
  • Stay updated on industry trends, inventory management tools, and analytics best practices.

 

Qualifications

 

  • Education:

 

  • Bachelor’s degree in Business, Supply Chain Management, Data Analytics, or a related field.
  • Master’s degree is a plus.

 

  • Experience:

  2-5 years of experience in inventory management, product analytics, data analysis, or a similar role.

  • Experience in retail, e-commerce, or manufacturing industries preferred.

 

  • Technical Skills:

 

  • Proficiency in Excel, SQL, and other data analysis tools (e.g., Python, R) is a plus.
  • Experience with inventory management systems (e.g., SAP, Oracle, NetSuite) and product analytics platforms.
  • Knowledge of data visualization tools (e.g., Power BI, Tableau, Looker).

 

  • Key Competencies:
  • Strong analytical and problem-solving skills.
  • Excellent attention to detail and ability to work with large datasets.
  • Effective communication skills, with the ability to present complex data in a clear and concise manner.
  • Ability to work cross-functionally and collaboratively with various teams.

 

 

Benefits:

 

  • Competitive salary and benefits package.
  • Opportunities for professional growth and development.

 


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About Avalon Solution

Founded :
2005
Type :
Services
Size :
100-1000
Stage :
Profitable

About

Avalon Solution is a Web Services company offering Turnkey ECommerce Solutions for the Independent Jewelry Retailers. We offer services in partnership with market leaders to launch Brick & Mortar Jewelry Businesses and Brands to the World Wide Web and help Independent Jewelry Retailers to capitalize on the most cost-effective marketing channel. Avalon Solution makes it easy for Prospective Customers to find and connect with their Independent Retail Jeweler online and browse their jewelry collection 24/7. At the same time it enables the Retail Jeweler to serve their Customers beyond the limits of time and place, so that they can grow their business & build their brand. Avalon's comprehensive turnkey online services and support program sets it apart from its competitors. Avalon utilizes the latest developments in technology, digital imaging, jewelry styling and fashion to help jewelers extend their businesses online by offering end-to-end ECommerce Solutions customized to suit their specific needs. Over time, Avalon has earned its reputation for innovative technology and unparalleled customer service and support. For More Information on how Avalon can Launch Your Website and Grow Your Brand, please Call us at 917-338-6825, 800-622-2744 or visit www.AvalonSolution.com
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