Inventory Analyst
OPW, a Dover CompanySince 1892, OPW customers have been able to count on us to revolutionize fluid-handling operations around the world. As a global leader in fluid-handling solutions, the mission of OPW is to be a developer of a comprehensive array of innovative fluid-handling solutions that our customers can consistently and reliably count on. These include loading and unloading systems for high-value hazardous and non-hazardous bulk products; railcar and transport tank-truck valves, gauging devices and tank-monitoring systems; automated storage-terminal controls and systems; and regulators, fittings, valves, vaporizers, vacuum-jacketed piping and gas-handling systems for the safe handling and distribution of cryogenics and industrial gases. OPW has more than 2,000 employees with manufacturing operations in North America, Europe and China, and sales offices around the world. OPW is part of the Clean Energy & Fueling segment of Dover (NYSE: DOV). This position is based onsite at our Burlington distribution center and has a typical schedule of Monday through Friday, 7:00 am to 4:00 pm. The ability to work overtime as needed is required. The Inventory Control Analyst is responsible for maintaining inventory accuracy, optimizing inventory performance, and driving continuous improvement initiatives across four operating locations managing approximately 7,000 SKUs. This position plays a critical role in ensuring inventory integrity, supporting operational efficiency, improving service levels, reducing excess and obsolete inventory, and identifying root causes of inventory discrepancies. The ideal candidate will possess strong analytical skills, extensive knowledge of inventory management principles, proficiency in ABC/XYZ inventory segmentation methodologies, and demonstrated experience performing root cause analysis to resolve inventory-related issues. What You’ll Do Maintain and improve inventory accuracy across four facilities containing approximately 7,000 active SKUs. Monitor inventory transactions, adjustments, cycle count results, and inventory reconciliations. Analyze inventory variances and investigate discrepancies between physical inventory and ERP system records. Partner with Operations, Purchasing, Planning, Warehousing, and Manufacturing teams to correct inventory inaccuracies. Develop and maintain inventory control procedures, policies, and audit processes. Conduct regular ABC analysis based on annual consumption value and inventory investment. Perform XYZ analysis to classify inventory according to demand variability and forecast predictability. Develop inventory management strategies by inventory segment: AX Items: High-value, stable demand items requiring tight controls. AY/BX Items: Moderate monitoring and replenishment controls. CZ Items: Intermittent and unpredictable demand requiring specialized management strategies. Recommend safety stock adjustments, reorder parameters, and stocking strategies based on product classifications. Collaborate with Supply Planning teams to optimize inventory levels and working capital. Lead investigations into inventory discrepancies, shortages, negative inventory balances, stockouts, and excess inventory situations. Utilize structured problem-solving methodologies including: A3 / 5 Why Analysis Fishbone (Ishikawa) Diagrams Pareto Analysis Failure Mode and Effects Analysis (FMEA) Corrective and Preventive Actions (CAPA) Identify systemic process failures and implement sustainable corrective actions. Drive initiatives that improve inventory accuracy, reduce shrinkage, and improve transaction discipline. Develop and manage ABC-based cycle counting programs. Analyze cycle count results and identify recurring issues. Ensure inventory counts are executed consistently across all locations. Track and report inventory accuracy metrics by site, warehouse, product family. Monitor inventory health metrics including: Excess Inventory Obsolete Inventory Slow-Moving Stock Safety Stock Levels Days of Suppl…