Inventory Analyst

Mitsubishi Turbocharger and Engine AmericaItasca, IL

$65,000+ / year

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Overview

Remote

On-site

Compensation

$65,000+/year

Job Description

Mitsubishi Turbocharger and Engine America is looking for a skilled Inventory Analyst to join our team in Itasca, IL.

The Inventory Analyst is responsible for managing and optimizing inventory levels to support aftermarket parts sales and service operations. This role ensures the right parts are available at the right time while minimizing excess inventory and carrying costs. The analyst works cross-functionally with sales, procurement, warehouse, and suppliers to improve fill rates, forecast demand, and maintain inventory accuracy.
Essential Duties and Responsibilities:
    Analyze inventory levels, usage trends, and demand forecasts to ensure optimal stock availability
    Monitor and improve fill rates, backorders, and order fulfillment performance
    Develop and maintain inventory planning parameters, including min/max levels and safety stock
    Collaborate with procurement to place and expedite purchase orders based on demand and lead times
    Identify slow-moving and obsolete inventory; recommend disposition strategies
    Support pricing, promotions, and product lifecycle decisions through data analysis
    Perform regular inventory audits and reconcile discrepancies to maintain accuracy
    Generate and present reports on inventory performance, KPIs, and trends
    Coordinate with warehouse operations to improve inventory handling and storage efficiency
    Assist in new product introductions and phase-outs to ensure proper inventory alignment
    Perform other duties as assigned by MTEA management
Job Requirements:
- Bachelor’s degree in supply chain, Business, or Finance,
- 3+ years of inventory planning or supply chain experience, preferably in aftermarket parts or marine/industrial industries
- Strong analytical and problem-solving skills
- Proficiency in ERP systems and advanced Excel skills (pivot tables, forecasting, data analysis)
- Understanding of inventory management principles (EOQ, safety stock, lead time variability)
- Detail-oriented with strong organizational abilities
- Excellent interpersonal and communication skills (written and verbal) across all internal levels and Global Company sites, including sister plants and business partners.
- Must be able to remain in a stationary position for long periods of time throughout the shift.
- Must be able to occasionally move about inside the office to access file cabinets, office machinery, etc.
- Must be able to occasionally move and or lift up to 35 pounds.
- Ability to stand throughout the workday

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FAQs About Inventory Analyst Jobs at Mitsubishi Turbocharger and Engine America

What is the work location for this position at Mitsubishi Turbocharger and Engine America?

This job at Mitsubishi Turbocharger and Engine America is located in Itasca, IL, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at Mitsubishi Turbocharger and Engine America?

Candidates can expect a pay range of $65,000 (per year).

What employment applies to this position at Mitsubishi Turbocharger and Engine America?

The employer has not provided this information. This may be discussed during the hiring process.

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