Job Information
Magna Sr. Inventory Analyst in Ethridge, Tennessee
Sr. Inventory Analyst
Job Number: 67003
Group: Cosma International
Division: Magna Structures Tennessee, LLC.
Job Type: Permanent/Regular
Location:
Ethridge, TENNESSEE, US, 38456
Work Style:
Job Number: 67003
Group: Cosma
Division : Magna Structures TN
Job Type: Inventory Analyst
Location: Lawrenceburg/Ethridge, TN
About us
We see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.
Forward. For all.
Group Summary
Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.
About the Role
POSITION OVERVIEW:
Responsible for ensuring the accuracy and integrity of inventory through effective cycle counting, physical inventory management, and adherence to material management processes.
Your Responsibilities
RESPONSIBILITIES:
Cycle Counting:
Coordinate and perform daily cycle count by leveraging ERP-generated reports to ensure ongoing accuracy of inventory records.
Investigate and analyze inventory variances by identifying the root cause and collaborating with the production team to determine corrective actions.
Adherence to Magna Cosma established Cycle count guidelines.
Investigate and resolve discrepancies identified during cycle counts promptly.
Ensure that the calculation of Inventory Accuracy adheres to the guidelines outlined by Magna Cosma.
Physical Inventory:
Manage and oversee the annual physical inventory audit to confirm the accuracy of the system.
Organize teams for the physical inventory count and conduct a pre-meeting to guide and ensure a thorough comprehension of the counting process.
Verify that all production lines experiencing downtime during the physical inventory count are cleared or purged.
Analyze and report on the results of physical inventories, identifying root causes for discrepancies.
Ensure that the calculation of Inventory Accuracy adheres to the guidelines outlined by Magna Cosma
Work closely with cross functional teams to implement corrective actions to enhance inventory accuracy.
ECN Process:
Participate in Engineering Change Notices (ECN) meetings for a better understanding on changes that will impact inventory.
Collaborate with Engineering and production teams to ensure timely and accurate execution of ECN processes.
Closely monitor and report on the impact of ECNs on inventory levels and accuracy for components that are balancing out to reduce obsolescence.
BOM/Routing Updates:
Audit Bill of Materials (BOM) and Routing information to ensure correct part number and usage is being back flushed.
Work with Engineering and production teams to ensure BOM and Routing changes are accurately reflected in the system.
ERP Functionality:
Utilize ERP system functionalities to streamline and optimize inventory management processes.
Collaborate with IT and other relevant stakeholders to troubleshoot and resolve ERP-related issues.
Provide support to ERP system users for inventory and barcode labeling issues.
Collaborate with the operations team to address issues identified during production reconciliation.
Update and publish materials KPI reports.
Assist in verifying that materials are correctly labeled and stored in their designated locations as documented in the ERP system.
Who we are looking for
Your preferred qualifications
QUALIFICATIONS REQUIRED:
• Bachelor’s degree in business, Supply Chain Management, or a related field.
• Proven experience in Automotive inventory control, cycle counting, and physical inventory management.
• Familiarity with Engineering Change Notice (ECN) processes and their impact on inventory.
• Strong understanding of Bill of Materials (BOM) and Routing structures.
• Proficiency in using ERP systems for inventory management.
• Excellent analytical and problem-solving skills.
• Effective communication and collaboration skills with cross-functional teams.
• Detail-oriented with a strong commitment to accuracy.
• Demonstrates the ability to work effectively in a team environment.
What we offer
At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
Site Benefits
We offer a competitive compensation program including bonus, and comprehensive benefit programs including medical, dental, vision, life, disability, 401K, EAP.
Awareness. Unity. Empowerment.
At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.