Commercial

Materials Analyst

Materials Analysts are responsible for the management of stock and inventory levels. By keeping track of purchasing habits and stock levels, they calculate the usage rates for the materials or goods companies need to operate their production installations, and the most efficient ways to coordinate supply and demand. 

About this role

Typical duties

  • Controls and manages stock and inventory levels
  • Tracks inventory trends, discovering ways to save money, and maintain consistency in material quality and delivery schedules
  • Designs material and supply movement plans using specialist materials management software systems.
  • Predicts and tracks customer product demand, manages transportation of exports and imports, and develops productivity improvement proposals
  • Ensures that a company's inventory is regularly audited and up to date, and sufficient to maintain any projects a company wants to undertake in future
  • Maintains strong relationships both internally and with external suppliers to ensure supply of materials meets company technical and safety requirements
  • Liaises with suppliers on material, company specifications and certification requirements
  • Plans delivery timetables with other functions and departments
  • Prepares update reports on activities as required by Management
  • Reports any breaches of safety procedures to supervision / management
  • Actively participates in and promotes company health and safety campaigns, policies and procedures, and ensures personal safety and that of colleagues at all times

In the industry

Materials Analysts fulfil a key role in planning and forecasting the right volumes of materials, goods and products required by a business from its suppliers to meet business needs and objectives. They are found in a variety of organisations including the Operators who own or manage production installations, major Engineering Contractors, Drilling Contractors and specialist service and manufacturing companies.

Environment

  • Office
  • Outdoors
  • Offshore

Qualifications

  • University
  • College
  • Apprenticeships

What do I need?

Key Skills

  • Team working
  • Verbal communication
  • Written communication
  • Problem solving
  • Analysing
  • Planning
  • Organising
  • IT
  • Numerical
  • Working to deadlines
  • Flexibility

Requirements

Entry requirements:

  • Business Degree or equivalent or; HNC/HND or equivalent with relevant industry experience
  • Excellent communication skills both written and verbal
  • High level of computer literacy, including experience of using specialist procurement / materials management software and computer systems

Employers might also look for:

Chartered Institute of Purchasing and Supply (CIPS) Qualified