Material Analyst
Materials Analyst jobs
The materials entering a factory are of equal importance to the customers. Without them arriving on time and in the right amounts, the whole process can grind to a halt, and customers might start looking elsewhere for their goods. The job of the materials analyst will be to make sure that the flow of raw materials or assembled components reach the factory at a speed that keeps productivity going whilst not filling up the stock room.
Since every business is forever seeking efficiency and lower costs, the materials analyst will also be required to constantly check sources of materials and methods of delivery to ensure that the company is always paying the best possible price and receiving the optimum service from the suppliers.
The materials analyst will also need to help secure a constant stream of materials by keeping an eye on the marketplace so that the company is alert to events which could threaten supply or efficiency. Should a potential issue be discovered, the decision will then have to be made whether to secure supply from elsewhere, perhaps temporarily and possibly at a higher price, and it will be the materials analyst’s data and projections that will be used to make such decisions.
The skills required
The ability to gather data from diverse sources and wring the most relevant information out of them will be the materials analyst’s key skill. Since most data is essentially white noise, the analyst who can cut straight to the information required will be highly valued.
He or she will also need to be confident and assertive enough to present the findings of the analysis to the board, buyers or procurement department depending on the company structure. Wrong decisions can of course be costly, but if arrived at logically and with the company’s best interests at heart, and without the benefit of hindsight of course, they can have a positive effect on future decisions. It is important that materials analysts are not discouraged by such eventualities, so strength of character will be essential.
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