Job Description
Mission-Driven. Honor-Bound. Fairbanks Morse Defense. What’s your calling?
For the men and women of Fairbanks Morse Defense, it’s the rapid and effective support of the fleets that entrust us to design, develop, and deliver the best naval power technology on the planet. We’re one of the nation’s leading marine defense contractors because of the highly trained and dedicated teams that provide reliable power systems, parts, and aftermarket services to the U.S. Navy, Coast Guard, Military Sealift Command, and Canadian Coast Guard.
When you join Fairbanks Morse Defense, you join a legacy of commitment that spans 150 years. Fairbanks Morse Defense offers competitive benefits with a wide range of training and development opportunities. Our world-class teams are dedicated to helping every individual achieve their full potential. Discover what it’s like to be a part of the Fairbanks Morse Defense team here: [https://www.fairbanksmorsedefense.com/careers](https://www.fairbanksmorsedefense.com/careers).
About Federal Equipment Company (FEC):
Federal Equipment Company has been a leading supplier of marine deck machinery and specialized weapons and material handling systems. The company, now part of Fairbanks Morse Defense, is rapidly growing.
Job title: Inventory Analyst
Reporting to: Supply Chain Director
The Inventory Analyst is responsible for monitoring, analyzing, and optimizing inventory levels to support production and operational goals. This role ensures that Federal Equipment Company maintains accurate inventory records, reduces excess inventory, and prevents shortages. The Inventory Analyst will collaborate with procurement, production, and logistics teams to ensure effective inventory management practices in alignment with company objectives.
Responsibilities:
• Monitor and maintain accurate inventory records across all systems and databases.
• Perform regular inventory audits and reconcile discrepancies to ensure data accuracy.
• Analyze inventory levels, usage patterns, and replenishment needs to optimize stock levels.
• Identify and mitigate potential inventory issues, including shortages, overstock, or obsolescence.
• Collaborate with procurement and production teams to align inventory levels with project demands and schedules.
• Generate and present inventory performance reports, including metrics such as turnover rates and forecast accuracy.
• Evaluate and implement inventory management best practices to improve efficiency.
• Assist in cycle counting, physical inventory processes, and root cause analysis of variances.
• Develop and maintain inventory KPIs to measure performance and identify areas for improvement.
• Extract and analyze ERP BOM (Bill of Materials) data to create detailed pick lists for scheduled production.
• Generate and distribute shop work orders, pick lists, and travelers for jobs.
• Create and maintain real-time production and inventory dashboards in tools like Teams and WASP.
• Monitor daily production schedules and material requirements, identifying potential shortages or delays.
• Participate in Gemba & production meetings to provide updates on material readiness, inventory levels, and kitting status.
• Proactively identify and trigger parts orders to ensure timely delivery to the production floor.
• Support lean initiatives by identifying inefficiencies and recommending process improvements.
• Evaluate and enhance inventory control processes to improve accuracy, reduce waste, and streamline operations.
• Maintain and update inventory records in ERP systems, including issuing materials, tracking kitting progress, and managing plant delivery data.
• Ensure compliance with company policies, industry regulations, and quality standards related to inventory management.
Qualifications:
• Bachelor’s degree in Supply Chain Management, Business, or a related field preferred; equivalent experience will be considered.
• 2-4 years of experience in inventory management, supply chain, or a related role, preferably in a manufacturing or defense environment.
• Strong analytical and problem-solving skills, with the ability to interpret data and make data-driven decisions.
• Proficiency in ERP systems and inventory management software; experience with [specific software used by FEC, if applicable].
• Advanced proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUP, data analysis).
• Exceptional organizational skills and attention to detail.
• Strong communication and interpersonal skills to work effectively across departments.
• Knowledge of supply chain principles, inventory control practices, and demand forecasting techniques.
• Familiarity with government contracting requirements and FAR/DFAR regulations is a plus.
Important Information About This Role:
This position requires access or potential access to Unclassified Naval Nuclear Propulsion Information, which is Not Releasable to Foreign Nationals (NOFORN) data. Therefore, to meet the NOFORN requirement, you will have to provide proof of U.S. Citizenship and attest that you do not have dual citizenship. Acceptable proof of U.S. Citizenship includes a U.S. Passport, U.S. Birth Certificate, or Naturalization Certificate.
This job description outlines the general nature and level of work expected for this position but is not intended to be an exhaustive list of all responsibilities, duties, and skills required. It does not limit the right of any supervisor to assign, direct, and control the work of employees under their supervision.
The ability to competently perform all essential duties of the position, with or without reasonable accommodation, a demonstrated commitment to effective customer service delivery, and the ability to work productively as a member of a team or work group are basic requirements of all positions at Fairbanks Morse Defense.
