Supply Chain Analyst

Labcorp is seeking a Supply Chain Analyst to join our team in Raritan, NJ. This position plays an integral role in supporting client supply operation and the shipping/receiving operation. The position will also be responsible for managing analyze inventory levels, evaluate warehouse processes and analyze key warehouse operations. This individual will use MS Word / Excel & PowerPoint as well as other software tools to review, collate, monitor and report back to key inventory performance metrics.

**Salary Range: $67,000 - $85,000 per year

All job offers will be based on a candidate's skills and prior relevant experience, applicable degrees/certifications, as well as internal equity and market data

Work Schedule: Monday - Friday 8:00am - 5:00pm

Work Location: Raritan, NJ

Benefits: Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan. Casual, PRN & Part Time employees regularly scheduled to work less than 20 hours are eligible to participate in the 401(k) Plan only. For more detailed information, please click here

Job Responsibilities:

Operational & Supply Chain Analysis:

• Monitor and analyze inventory levels, turnover rates, carrying costs, and obsolescence risks; recommend adjustments to optimize stock levels and minimize holding costs.
• Evaluate warehouse processes (receiving, storage, picking, packing, shipping) to identify bottlenecks, inefficiencies, and areas for improvement.
• Analyze key warehouse performance indicators (KPIs) such as receiving efficiency, put-away times and labor productivity, etc.
• Support cycle counting programs and physical inventory counts, investigating discrepancies and recommending corrective actions.
• Utilize Enterprise Resource Planning (ERP) data to generate operational reports and insights.
• Analyze warehouse operational costs, including labor, supplies, etc.
• Assist in the development of annual budgets and periodic forecasts for warehouse operations P&L, as needed.
• Perform variance analysis (actual vs. budget/forecast) for warehouse expenses, providing explanations and insights to management, as needed.
• Prepare regular financial and operational performance reports for warehouse and finance leadership, highlighting key trends and areas requiring attention.
• Support month-end and year-end closing processes related to warehouse cost accounting and inventory valuation.

• Collaborate closely with Warehouse Operations Managers, Finance teams, Procurement, and Logistics personnel, as needed.
• Translate complex data into clear, actionable insights and recommendations for various stakeholders.
• Participate in cross-functional projects aimed at improving supply chain efficiency and reducing costs.
• Develop and maintain dashboards and reporting tools to track performance and facilitate data-driven decisions.

• High school diploma required, Bachelor's Degree or equivalent experience highly preferred.
• 3-5 years of relevant experience in supply chain analysis, financial analysis, or a similar role, preferably within a distribution, logistics, manufacturing, or warehouse

• Experience with data visualization tools (e.g., Tableau, Power BI).
• Experience directly supporting warehouse or distribution center operations.
• Experience in cost-saving initiatives or process improvement projects (e.g., Lean, Six Sigma).