Inventory Analyst

Career Area: Supply Chain and Logistics Job Description: Your Work Shapes the World at Caterpillar Inc. When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other.  We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

The Inventory Analyst will manage and analyze engineering drawing notices (EDNs) released for NPI, CPI, and major product updates prior to target release date. This includes analyzing engineering drawing notices for quality, completeness, and when necessary, resolving issues with engineering. The analyst will also utilize systems, their own product knowledge, and EDN information to determine application/product specific serviceability levels. The analyst will create master parts records (an all-inclusive record for an item), validate critical part description indicators, issue cancellations and Supersessions, and submit changes to Numerical Parts Record (NPR).  The Inventory Analyst will establish initial worldwide inventory levels by analyzing distribution plans, sales and forecast information, product knowledge, and product group information. Incumbent will establish and maintain a business balance between parts availability and months of supply.  Various NPI and CPI reports and tools are used to adjust stocking levels in the correct market regions.  Each analyst will manage up to $5M worth of inventory as they process an average of 8,000 EDNs and 10-15 NPIs annually.  In addition, the incumbent will process approximately 200 Parts Stocking Authorization/Parts Stocking Recommendations (PSA/PSRs) each year. The analyst partners with Global Purchasing and Supply teams set priorities to achieving 100% parts readiness KPI. The incumbent will communicate with internal and external business partners to resolve complex issues that will impact on quality of service and customer satisfaction. The incumbent participates in the development of new IT tools to specifically manage overall CPI process and contribute to enterprise 6 Sigma initiatives that continue to refine, enhance, and create process improvement to support the NPI/CPI business.

Bachelor’s degree in engineering / Math's / Science / Commerce Experience with strong Caterpillar Aftermarket experience preferably with parts product structure, global purchasing, expediting and distribution practices Should possess good product knowledge, familiarity with parts inventory procedure, practices and policies Must have excellent analytical and problem-solving abilities Strong technical skills in Microsoft 360 and similar tools Good oral and written communication skills Strong customer focus and ability to work effectively with a wide variety of people Must be willing to work in US shift timing to have enough overlap with Morton team. DESIRED SKILLS · APICS CPIM or CSCP National Certification What You Have: Business Acumen: Knowledge of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations. Level Working Knowledge: • Comments on the organization's business model and financial goals. • Communicates key considerations for business decision making process. • Cites examples of types of information needed to make sound business decisions. • Participates in business tasks to get things done in own unit or area. • Caters to key stakeholders and their priorities. Standard Operating Procedures: Knowledge of established standard operating procedures (SOP); ability to design, implement and evaluate standard operating procedures affecting daily and