Inventory Analyst

Summary of Position:

The Analyst I role is responsible for conducting detailed process analysis within their assigned area, applying their specific expertise to optimize operations, monitor financial and operational performance, and support data-driven decision-making. Analysts I will contribute to both the tactical and strategic financial planning for their department.

Essential Duties and Responsibilities:

The responsibilities of the Analyst I may vary depending on the division. The following duties reflect typical functions in different areas.

Pistachio Inventory Analyst

• Strategic Planning: Works with operations to develop a silo selection strategy aimed at managing quality and maximizing financial returns from inventory.
• Financial Analysis & Yield Optimization: Conducts plant-wide yield and compression density tests to establish beginning-of-year processing yield standards. Analyze financial impact of yield variations and explain silo dry weight variances and inventory adjustments.
• Data Analysis & Reporting: Analyzes yield and quality data to optimize the availability of crop for customers, ensuring alignment with financial targets. Participates in daily and monthly production meetings to share insights.
• Capacity and Demand Analysis: Measures daily capacity and demand changes against production plans and forecasts. Supports alignment of sales forecasts, production schedules, and inventory levels to ensure optimal resource utilization.
• Financial Forecasting: Compares weekly sales and production forecasts to actual performance, identifying variances and providing recommendations for adjustments. Reviews inventory planning parameters to ensure effective reorder flow, driven by customer demand and financial objectives.
• Capacity Planning: Understands and reports on both short-term and long-term capacities, highlighting potential risks and opportunities for financial growth or operational efficiency improvements.
• Problem-Solving: Assists schedulers in resolving issues related to deviations from the plan and implements countermeasures to mitigate financial and operational risks.
• Silo Strategy & Reporting: Collaborates with operations to create a silo selection strategy to manage quality delivered to customers. Communicates weekly yield performance and participates in daily and monthly production meetings.
• Inventory Management: Monitors changes in inventory and updates "Available to Sale" inventory for customer planning. Ensures accuracy of inventory transactions and communicates weekly performance reports.

Other Responsibilities:

• Data Consolidation & Reporting: Prepares professional presentations, summarizing statistical data from internal systems for use in strategic management decision-making.
• Process Improvement: Conducts change impact analyses to assess potential financial and operational implications of system or process changes. Recommends process improvements and configuration adjustments to enhance financial performance.
• Business Consulting: Consults with department management to identify and document business needs, operational challenges, and financial objectives. Provides support in developing solutions that align with the company’s financial goals.
• Leadership & Teamwork: Provides direction to clerical or technical staff on projects, and may lead team efforts on designated assignments. Acts as a strategic advisor to management and personnel on financial and operational matters.
• Special Projects: Assists with special projects, including seasonal duties and harvest-related activities, as well as any additional tasks assigned.

Skill Requirements:

• Language Skills: Strong project management, writing, and oral communication skills. Ability to present financial concepts and strategies to executive leadership and technical teams.
• Mathematical Skills: Proficient in mathematical calculations, including addition, subtraction, multiplication, division, and financial metrics such as ratios and percentages. Knowledge of statistical analysis is desirable.
• Reasoning Ability: Capable of translating general requirements into actionable plans. Strong teamwork and collaboration skills. Ability to facilitate and consult on financial strategies.
• Computer Skills: Proficient in Microsoft Office Suite (Excel, Word, Access, PowerPoint), Oracle, SharePoint, and Google products. Must be adaptable to learning new financial and business applications.

Qualifications:

• Education: Bachelor’s degree in Business Administration, Finance, Computer Systems, Agricultural Business, or a related field.
• Experience: Prior experience in financial analysis, business process improvement, or a related field is highly preferred. Strong analytical skills, attention to detail, and the ability to manage multiple priorities are essential.

Key Performance Indicators (KPIs):

• Analytical Quality: Ensure accurate and high-quality financial and operational analysis.
• People Hoshin Goals: Support the organization in achieving its strategic goals.
• Task Delivery: Ensure timely completion of tasks and project activities as tracked on FMDS boards.
• Skill Development: Show progress in individual and team skill development plans.

Certificates, Licenses, Registrations:

• None required.

Capabilities & Competencies:

Technical Skills:

• Process Analysis: Demonstrated ability to analyze business processes and map them to financial and operational solutions.
• Cost/Benefit Evaluation: Proficient in creating cost/benefit analyses to evaluate project ideas and their financial implications.
• Implementation: Ability to execute implementation plans effectively.

Mindsets and Behaviors:

• Problem Solving: Strong analytical skills with the ability to assess situations, evaluate options, and anticipate outcomes before making recommendations.
• Interpersonal Skills: Strong interpersonal abilities to foster positive relationships with clients, colleagues, and cross-functional teams.

Performance Management:

• Operational Improvements: Links operational enhancements to overall organizational financial targets. Familiarity with change management practices is essential.
• Impact Monitoring: Executes tracking systems to monitor the impact of specific initiatives and implements countermeasures when necessary.

Percent of Time Commitment:

• 30% – Using analytical skills to interpret data and influence decision-making.
• 30% – Standardizing and improving processes for financial and operational efficiency.
• 40% – Supporting, implementing, and providing training on process improvements and financial systems.

Physical Demands/Work Environment:

• Occasionally required to lift and/or move up to 50 pounds.
• Specific vision abilities required include close vision, color vision, and ability to adjust focus.
• Regularly exposed to moving mechanical parts, high levels of dust, loud noise, and extreme heat in the plant environment.
• Up to 50% of work hours may be spent on the plant floor; safety protection will be provided.

Additional information

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