Inventory Business Analyst at Advance Auto Parts

Raleigh, North Carolina, United States

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Automotive, RetailIndustries

Bachelor’s degree in Business, Supply Chain, Finance, or a related field
5+ years of experience in business analysis, preferably in inventory management or retail operations
Experience in the aftermarket auto parts industry is a strong plus
Advanced proficiency in Excel, SQL, and data visualization tools (e.g., Power BI)
Familiarity with ERP systems (e.g., Blue Yonder, Oracle) and inventory management software
Strong understanding of forecasting, demand planning, and supply chain principles
Excellent analytical, problem-solving, decision making, and critical thinking skills
Strong communication and presentation abilities in multiple environments and group sizes
Ability to be agile and manage multiple priorities in a fast-paced environment
Detail-oriented with a strategic mindset
Self-starter that can work collaboratively with limited oversight

Analyze inventory performance metrics (e.g., inventory turn, fill rate, stock-outs, aging inventory) to identify trends, risks, and opportunities
Collaborate with cross-functional teams including Supply Chain, Store Operations, Merchandising, Finance, and IT to align inventory strategies with business goals
Provide end-user support and training for inventory tools, ensuring consistent usage and adherence to best practices
Develop and maintain system documentation, training materials, and user guides to support onboarding, ongoing education, and process improvements
Coordinate with IT to troubleshoot system issues, implement upgrades, and test new features
Lead initiatives to improve inventory accuracy, reduce excess stock, optimize safety stock levels, and grow sales
Support the design and development of dashboards and reports to monitor key performance indicators (KPIs) and support executive decision-making
Conduct root cause analysis on inventory discrepancies and recommend corrective actions
Support system enhancements and process improvements related to inventory management tools and ERP systems
Provide mentorship and guidance to analysts and business managers and contribute to a culture of continuous improvement
Serve as a subject matter expert in inventory analytics and support management in strategic planning discussions