Inventory Analyst - Stores & Purchasing

Job description

Background The world around us is experiencing significant change, the greatest in generations. At Motion Applied, we are accelerating the response to that change. Our vision is that our people and technologies will pioneer a better future. Our mission is to achieve breakthroughs in performance. We are at the cutting edge of innovation in industries including Motorsport, automotive, aerospace, and transportation. We create solutions that drive efficiency and cost-effectiveness. We want to help to reduce the carbon footprint and become more sustainable. Our focus spans four technology portfolios: control systems, sensors, software analytics and electrification. Motion Applied presents a unique approach to improving the motorsport landscape by utilising decades of experience and expertise in optimising the performance of high-speed vehicles. We pioneer a better future for automotive, aerospace, marine and commercial vehicle OEMs and Tier 1s by applying leading-edge Automotive and Motorsport-derived technology. Role Purpose To drive inventory accuracy, visibility, and optimisation across the business, supporting both Stores and Purchasing functions. The Inventory Analyst is responsible for analysing stock data, identifying discrepancies and risks, and delivering insights that improve material control, purchasing decisions, and overall supply chain performance. Inventory Control & Data Accuracy Monitor and report on inventory accuracy, discrepancies, and trends across all stock locations Lead root cause analysis of stock variances and implement corrective actions Maintain integrity of inventory data within ERP/MRP systems Design and support cycle count programmes based on risk and usage Stores Support Work closely with Stores Team Lead, Stock Controllers, and Kitters to improve stock processes and discipline Investigate and resolve stock discrepancies (cycle counts, adjustments, root cause) Monitor stock levels to avoid shortages or excess inventory Drive improvements in traceability, FIFO, and material handling practices Provide regular insight into stock errors, repeat issues, and performance gaps Purchasing Support Provide accurate stock and usage data to support purchasing decisions and order planning Highlight shortages, excess stock, and slow-moving inventory to drive proactive actions Support optimisation of order quantities (MOQ/EOQ) and safety stock levels Provide data to support supplier performance reviews (delivery, shortages, quality impact) Reporting & Analysis Develop and deliver reports on stock accuracy, inventory value, shortages, and ageing Generate actionable insights and recommendations for improvement Support cross-functional reviews with Stores, Planning, and Purchasing Continuous Improvement Lead initiatives to improve inventory control and reduce waste Standardise processes and reporting across functions Promote a data-driven, right-first-time culture Key KPIs Inventory accuracy >98% Reduction in stock discrepancies and repeat errors Reduction in excess and obsolete stock Improved material availability to production Skills & Experience Experience in inventory, supply chain, or data analysis role Strong analytical capability and Excel/ERP skills Understanding of stock control principles (FIFO, traceability, cycle counting) Manufacturing experience desirable Key Competencies Analytical and data-driven mindset Strong collaboration across Stores and Purchasing Proactive and solutions-focused High attention to detail and ability to drive discipline What we can offer you In return for everything you bring to the table, we can ensure an exciting, challenging role in a dynamic business surrounded by some of the best people in their respective fields. At Motion Applied we firmly believe it’s the relationships and friendships we create while working that make us special. We’re also aware that the world is changing and we are part of that change. We all want and need different things from our work and home lives, so, if you have commitments outside of work, we’re open to talking through flexible working options that work for you and us. Annual leave (25 days + bank holidays, pro-rated for part time colleagues). Enhanced Company Maternity, Paternity and Adoption leave and pay. Flexible working policies, including Hybrid Working. Life assurance to the value of 4 times base salary Opportunity to join the Motion Applied Pension Plan Company funded individual private healthcare with the opportunity to extend to partner or spouse and/or dependents at a discounted rate. Electric car scheme – opportunity to drive a brand-new car in a more affordable way through this salary sacrifice scheme. Employees are eligible to join the scheme after successful competition of their probationary period. Who we are Motion Applied are a medium-sized tech firm spun out of McLaren Group. We’re looking for people who will thrive in a non-hierarchical, growth-orientated company, self-starters who are flexible and somewhat entrepreneurial in their approach. Motion Applied are committed to Diversity, Equality and Inclusion (DEI) and promote DEI in all we do .