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Inventory Analyst

Mississauga, ON · Manufacturing

Salary: $70,000.00-$80,000.00 per annum

Dynamic, growing Manufacturer/Distributor has an immediate opening for an analytical, skilled individual to join our team as an inventory analyst. The responsibilities of the inventory analyst include managing inventory items, controlling day-to-day inventory operations, and implementing inventory control protocols.

To be successful as an inventory analyst, you should be analytical with strong attention to detail. Ultimately, a top-notch inventory analyst should possess acute commercial awareness and should be able to interpret and implement data on consumer trends and spending.
Inventory Analyst Responsibilities:

  • Maintaining and improving the company's inventory situation by analyzing inventory statistics to determine which products are selling and which are not.
  • Placing inventory orders and tracking shipments.
  • Allocating inventory to the correct departments as it comes into the warehouse and arranging for pickups and shipments.
  • Performing extensive research on a wide range of inventory-related reports, from previous inventory reports to national purchasing trends.
  • Directing buyers and stockroom workers.
  • Drafting inventory reports that document inventory counts, discrepancies, and other statistical data.
  • Reporting inventory statistics to management and suggesting improvements to inventory control.
  • Coordinating with other workers to resolve discrepancies between inventory and revenue.
  • Creating and maintaining inventory databases and systems for accurately managing inventory.

Inventory Analyst Requirements:

  • Bachelor's degree in supply chain management, business administration, marketing, or a related field desired
  • Excellent communication and organizational skills.
  • Advanced Excel
  • Strong analytical, time management, and problem-solving skills.
  • Excellent attention to detail, maths, and multi-tasking skills.

Job Types: Full-time, Permanent

 

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