Inventory Analyst
Summary
The Inventory Analyst is responsible for optimizing inventory levels to meet customer demand while minimizing costs. This role plays a critical part in preventing overstocking and stockouts through data-driven forecasting, sales trend analysis, and ongoing performance monitoring. Acting as a bridge between procurement, sales, and warehouse operations, the Inventory Analyst ensures efficient product flow and accurate inventory control across the organization.
Essential Duties and Responsibilities
This list of duties and responsibilities is not all inclusive and may be expanded to include other duties and responsibilities as management may deem necessary from time to time.
- Data Analysis & Forecasting
- Analyze inventory data and sales trends to forecast demand and maintain optimal stock levels.
- Discrepancy Resolution
- Investigate inventory variances, reconcile discrepancies, and implement corrective actions to improve accuracy.
- Cross-Functional Collaboration
- Partner with procurement, warehouse, logistics, and sales teams to ensure seamless coordination and product availability.
- Reporting & KPI Management
- Develop, maintain, and analyze dashboards and reports tracking key performance indicators (KPIs), including inventory turnover, fill rates, and stockout risks.
Qualifications
- 3–5 years in a manufacturing environment
- Strong leadership skills with the ability to motivate and mentor a team
- Knowledge of LEAN principles and continuous improvement methods
- Strong analytical and problem‑solving abilities
- Proficiency in Microsoft Office (especially Excel)
- Experience with Syteline, IFS, or similar ERP systems (asset)
- Valid passport and driver’s license, with the ability to travel within Canada and the U.S.
Benefit Package
- Two (2) weeks of vacation, on an accrual system
- Health, Dental, Vision, Disability, and Life Insurance after 30 days of employment on the 1st of the month
- 10 Paid Holidays
- 401K Plan with company match (50% up to 5%)
- Company Health Savings Account contributions ($500-$1800)
- Sign-On Bonus $500
- Maternity/Paternity Pay
- Paid time off for birthdays
- Childcare reimbursement
- Gym Reimbursement
- Fun Activities & Prizes throughout the year
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or touch objects, tools, or controls. The employee is frequently required to sit. The employee is occasionally required to stand, walk, talk, or hear.
The above statements reflect the general details necessary to describe the principle functions of the occupation described and shall not be construed as a detailed description of all the work requirements that may be inherent in the occupation.