Inventory Analyst

Inventory Analyst – Richards Industrials Location: Cincinnati, Ohio Reports to: Materials Manager Company Profile Richards Industrials, founded in 1961, is a manufacturer of pressure regulators, control valves, and other fluid-controlled products, known by our customers for high quality products, great customer service, and fast & reliable deliveries. Our products are marketed under a series of distinct brands, each of which is used in unique applications that require precise technical attributes. The company serves a range of end markets, including pharmaceutical, food & beverage, chemical, petrochemical, and various industrial segments. The company has two locations, Cincinnati OH and Fletcher NC, and a global headcount of 190. Equipped with an experienced, passionate team, Richards focuses on driving profitable growth through operational excellence, opening new channels to market, and investing in new products. Richards Has Four Core Values Empowerment – Employees are our most valuable asset Collaboration – Together we achieve more Pioneering Spirit – Curiosity and innovation are our driving forces Service Mindset – Never stop advocating for the Customer And our purpose is to solve tomorrow’s demanding fluid control problems, today. The Position Richards Industrials is seeking a highly analytical and results-driven Inventory Analyst to lead inventory accuracy initiatives across our Cincinnati operations. This role will serve as the primary owner of the cycle count program and inventory control processes supporting the Jordan Valve, Low Flow, Steriflow, Steriflow Food & Beverage, Marwin, Hex, and Bestobell product lines. The Inventory Analyst will report directly to Richards’ Materials Manager and be responsible for maintaining the integrity of inventory records, identifying and resolving discrepancies, analyzing inventory trends, and driving continuous improvement initiatives that support operational excellence. Success in this role will require strong analytical skills, attention to detail, cross-functional collaboration, and a passion for process improvement. Principle Responsibilities Own and administer the company's cycle count program, including planning, execution, reconciliation, and reporting. Analyze count variances and investigate root causes of inventory discrepancies. Develop corrective actions to improve inventory accuracy and prevent recurring issues. Monitor inventory performance metrics and provide regular reporting to management. Coordinate physical inventory activities and support annual inventory audits. Maintain accurate inventory records through timely and accurate inventory transactions within the ERP system. Audit inventory movements, adjustments, receipts, transfers, and production transactions to ensure inventory integrity. Ensure inventory locations, bin assignments, and product identifiers remain accurate and up to date. Monitor inventory levels and identify opportunities to improve inventory utilization and storage efficiency. Lead inventory-related continuous improvement initiatives focused on reducing inventory errors, improving inventory accuracy, and streamlining processes. Partner with Operations, Purchasing, Production, and Finance to identify process gaps and implement sustainable solutions. Develop and document inventory control procedures, standard work, and best practices. Support Lean Manufacturing and Continuous Improvement initiatives throughout the facility. Collaborate with warehouse and stockroom teams to optimize material flow, storage strategies, and inventory organization. Train and support employees on inventory control processes, cycle counting procedures, and inventory best practices. Ensure proper storage, handling, and movement of materials to minimize damage, obsolescence, and inventory loss. Promote a safe, organized, and efficient inventory environment. Qualifications Associate's or Bachelor’s degree or equivalent experience in Supply Chain, Business, Operations, or a r…

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