Inventory Management Analyst

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General information

Reference

Position description

Job Title

Inventory Management Analyst

Company Details

Novocol Pharma is a growing contract development and manufacturing organization (CDMO), specialized in sterile injectable cartridges and combination product manufacturing. We strive for excellence and customer-centricity to deliver value to global pharmaceutical clients through contract services for drug development and commercial manufacturing. With over 40 years in operation, our team of 600 employees and modern facilities, located in Cambridge, Ontario provide a personalized and responsive experience for our customers. We are focused on serving our strategic partners and patients with quality, integrity, and value. Our employees are our number one asset! We offer developmental opportunities, excellent compensation and benefit programs, discounted gym memberships, work/life balance programs, employee recognition, social events and spirit days. We are a proud member of the Septodont group of companies. Septodont is a pharmaceutical and medical device company with a global leadership position in dental pain management. The group counts over 2000+ employees worldwide and has remained a 100% family owned company for over 90 years. Our Cambridge facility serves as a significant manufacturing site within the Septodont group with high volume dental anesthetic production for a global customer base. We have an opportunity for an Inventory Analyst.

Job Summary

The Inventory Analyst is accountable to the Supply Chain Director at Septodont Cambridge. The scope of this role includes monitoring and analyzing inventory levels, identifying trends, and making recommendations to optimize inventory management. This role will work closely with cross-functional teams to ensure inventory accuracy and raw material availability to meet production demands.

Responsibilities

• Evaluates, quantifies, and distributes the inventory of resources to various locations and departments to promote the most efficient storage, organization, and use of materials.
• Analyze inventory expiry health and flag near expiry/ retest items to the relevant teams for action.
• Ensure optimal and accurate inventory movement and availability across storage sites.
• Manage the release of materials process, maximizing inventory availability.
• Trigger stock adjustments and replenishment flags based on non-consumption inventory changes.
• Identifies inventory losses, overages, and shortages by documenting and evaluating inventory reports and drawing conclusions to improve inventory systems.
• Performs calculations and analyses to track and update inventory data and statistics.
• Proactively identifies key risks to future supply chain needs and proposes and drives the necessary changes to address them.
• Develops and drives operational excellence/continuous improvement.
• Manage and run cycle counts and inventory obsolescence reports.
• Liaises with and maintains effective relationships with operational departments.
• Develops pro-active measures to minimize low inventory issues and out of stock situations at the warehouse level.
• Identifies and investigates inventory reduction opportunities.
• Maintains and improves the company's inventory needs by analyzing statistics.
• Prepares inventory reports and analysis as required.
• Assists with inventory forecasting.
• Assists with specific projects as requested for supply chain demands.
• Observes and supports all safety guidelines and regulations.
• Follows GMP and regulatory requirements, and ensures quality standards are met.
• Models the Company Missions, Vision and Values Statements, policies, and current standards business practices.
• Performs other related duties and or special projects as assigned by the manager.

Qualifications

• A post-secondary education in Supply Chain Management or equivalent work experience.
• 3+ years of inventory analysis experience
• Advanced excel skills.
• Strong knowledge of inventory and logistics control within the pharmaceutical industry.
• Relevant experience using ERP systems, including all different inventory transactions.
• Proven analytical and problem solving skills with the ability to manage projects and multiple priorities with minimal direction.
• Effective communication skills both verbal and written with the ability to work within interdepartmental teams.
• Reliable and trustworthy and a self-starter
• Excellent customer service and troubleshooting skills.

What we offer

• Excellent compensation/benefits package.
• Bonus and reward programs
• Discounted gym memberships
• Programs supporting work life balance
• Employee recognition program
• Professional and personal development programs
• Social events and spirit days

We are committed to diversity and inclusion, and thank all applicants in advance; however, we will be corresponding only with those selected for an interview.

In accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act, we are committed to providing an inclusive and barrier free recruitment and selection process.

Recruitment Fraud - please be aware of recruitment fraud. Novocol Pharmaceutical of Canada Inc. will never ask for banking information, money or any personal information up front. We will only respond to official applications submitted through our careers site. In addition, we will only use official corporate e-mail addresses (septodont.com or novocolpharma.com) to communicate with applicants. Should you be contacted without submitting an application, please delete the message and advise your e-mail provider.

Contract type

Contract

Contract duration

18 months

Candidate criteria

Minimum level of experience required

2-5 years

Position location

Job location

North America, Canada, Cambridge