Bachelor of Science - Business Adminstration Finance

Lifestyle

Mountain biking

Brazilian jiu jitsu

High performance driving events

Volunteering and charity

Purchasing Analyst

I look to incorporate my natural strengths in a challenging environment with like minded and talented team members.  My education in Lean Six Sigma discipline has been a catalyst which has surged my interest in inventory control management, demand planning and all facets of supply chain management.  Continuous improvement does not only apply to processes, but has become a mindset which enables me to adapt and evolve my skill sets and knowledge.  I am looking to build upon my experience with continued education in supply chain management and an APICS certification.

Analysis:

• Managed inventory across four distribution facilities-valued at over $9M- and monitored sales to ensure consistent inventory flow of products in current demand
• Evaluated our demand forecasting method and recommended more suitable forecasting methods in order to reduce trend lag and optimize our inventory management 
• Assessed backorders on a weekly basis and reported the control chart to the VP of Operations highlighting trends towards upper/lower control limits and noting special causes when applicable
• Recommended the calculation of lost sales as a KPI to elevate our understanding of demand in a more comprehensive way; enhancing service level indicators such as fill rate and customer wait time of backorders

Reporting:

• Contributed to the Inventory Management section of our first ever application for the Malcolm Baldrige National Quality Award
• Created a what-if analysis model incorporating historical sales data to determine the forecasting method of best fit for products in all stages of the product lifecycle
• Communicated the need for baseline measurements of our current processes by implementing and reporting our forecast accuracy ratio, mean absolute percentage error, and mean absolute deviation in order to monitor the effectiveness of our processes and enable us to adapt quickly to changes in the marketplace as necessary
• Developed a quarterly report to track actual lead time by vendors so our reorder calculations comprised of actual lead times rather than general lead times; this report empowered us to avoid carrying too much inventory when lead times improved and ordering too late when lead times slipped

Process Management:

• Led a team project to establish our process management infrastructure applying Lean Six Sigma discipline
• Initiated process improvement to automate non-value added essential processes which saved over 150 hours a year

Analysis:

• Generated reports and analyzed on-hand  inventory, ensuring adequate levels of safety stock while minimizing overstock of SLOB
• Reviewed the performance of merchandise and made recommendations which increased profit margins by up to 20%
• Produced reports in order to realize trends as a result of demographics, seasonal changes, marketing initiatives, or other external factors
• Highlighted the life cycle of merchandise on-hand that were at risk of  becoming non-saleable goods
• Performed root cause analysis of defective/returned merchandise and arrived at solutions with merchandising team and manufacturer to minimize defects

Inventory Control:

• Initiated reduction of overlapping products in order to reduce overhead by more than 30%
• Allocated budget for purchasing in order to maximize product flow for each specific season
• Created master items when new products were introduced and kept the database current with the deactivation of obsolete items
• Collaborated with team to conduct quarterly cycle counts and audits which ensured integrity of database on-hand figures

Inventory Control Analyst

Find out detailed information about Raymond Chen, Purchasing Analyst in Irvine, CA

Raymond Chen: Purchasing Analyst in Irvine, CA

Raymond Chen

Momentum Textiles LLC

Odyssey Shoes Inc / Roadmate Boot Co.

California State University, Long Beach

University of Southern California