Inventory Planning Analyst

Description

Inventory Planning Analyst

LOCATION: Etobicoke ON
EMPLOYMENT TYPE: Full-Time, Permanent (Salaried Role)
SCHEDULE: Day Shift – 40 hours per week (some flexibility in start and end times)
SALARY RANGE: up to $65,000 annually
BONUS: Eligible for 9% annual performance bonus

POSITION TITLE: Inventory Planning Analyst
DEPARTMENT: Supply Chain
REPORTING MANAGER: Manager, Inventory & Demand Planning

Perks & Benefits

• Competitive total compensation package
• Medical & dental coverage starting from Day 1
• Pension plan contributions
• 3 weeks’ vacation + floater days
• Modern, collaborative office environment
• Ongoing training & development opportunities
• Company social events & team-building activities
• Strong, inclusive, and supportive team culture

Responsibilities

• Responsible for purchase order creation and maintenance which includes coordination with suppliers, co-packers and freight forwarders to ensure that required materials are ordered and delivered, so that inventories are available to meet customer requirements at any point in the Supply Chain network.
• Take ownership of all at-risk supply items to ensure all remediating actions are fully executed to meet or exceed customer service levels continually communicating status updates to stakeholders.
• Lead and manage the maintenance and optimization of MRP parameters and relevant supply chain master data settings that optimizes resource utilization, efficiency and ensures superior internal as well as external customer service.
• Participate in meetings with suppliers to communicate information on material supply issues.
• Work with cross-functional partners on projects related to product life cycle management including new product forecast, pipeline fill, and obsolescence.
• Maintain the performance of inventory working capital through the development and utilization of appropriate KPIs. Identify and mitigate excess inventory leading to waste
• Support the development and periodic review of all applicable departmental ISO Procedures and work instructions.
• Assist where required with data and workflows related to the maintenance and management of freight processes across the Supply Chain.
• Conducting analysis on inventory levels in various warehouses, replenish reginal stock by creating transfers.
• Reviewing sales orders, deliveries, delays, out of stocks and suggest corrective actions
• Participate in internal and external meetings as required.
• Involvement in special projects as business needs require.

Skills Required

• Anticipate problems and proactively resolve situations before they become larger scale issues.

• Make independent decisions quickly, cope with change and deal with ambiguity.

• Professional attitude with a focus on driving results through collaboration and teamwork.

• Manage multiple competing priorities.

• Superior written and verbal communication skills with the ability to clearly communicate complex concepts or information.

• Acute attention to detail.

• Demonstrated knowledge of materials resource planning theory.

• Thorough knowledge of key inventory components including demand, source, lead times, logistics and transportation, warehousing.

• Advanced proficiencies of Microsoft Office Suite, including Excel (e.g., Pivot Tables, Power Queries, Power BI, etc.).

• Strong numerical and analytical skills.

Qualifications

• Professional attitude with a focus on driving results through collaboration and teamwork.

• Ability to make independent decisions quickly, cope with change, and deal with ambiguity.

• Ability to anticipate problems and proactively resolve situations before they become larger-scale issues.

• Ability to manage multiple competing priorities.

• Demonstrated knowledge of materials resource planning theory.

• Thorough knowledge of key inventory components, including demand, sourcing, lead times, logistics, transportation, and warehousing.

• APICS certification or SCMA designation is an asset.

Experience Requirements

• 3–5 years of practical, hands-on ERP systems experience.

• Three to five years' experience in an Inventory Management environment and/or related business management functions.

• Previous experience in a manufacturing environment preferred.

• Experience with ERP systems.

Education Requirements

• University degree in Business, Management or Engineering.

• Specialization in Supply Chain or Operations preferred.

• APICS certification or SCMA designation is an asset.