Inventory Analyst

4 weeks ago

Woodbridge, Canada Kingsdown Full time

**Inventory Analyst - Join Our Team**

Are you ready to embark on a thrilling journey with Kingsdown, a globally renowned brand synonymous with excellence since 1904? At Kingsdown, we're not just manufacturers; we're creators of unparalleled sleep experiences. With a rich tradition of handcrafted quality, we've expanded our reach across Canada, the U.S., and beyond, blending our legacy with cutting-edge sleep science to ensure the most rejuvenating night's rest imaginable.

**What We Offer**:

- Competitive salary commensurate with experience, ranging from $55,000-$70,000.
- Full-time, permanent position.
- Comprehensive benefits package, including dental care, vision care, extended health care, life insurance, and more.
- Paid time off and RRSP matching.
- On-site parking and a supportive work environment.

**About the Role**:
As an Inventory Analyst, you will be integral to the smooth operation of our manufacturing processes by ensuring inventory accuracy, managing adjustments, and overseeing reconciliation activities. You will collaborate closely with Procurement, Scheduling, and Operations teams to optimize inventory levels, analyze trends, and support procurement decisions. Your expertise in cost-benefit analysis and vendor comparison will guide purchasing decisions, ensuring the most cost-effective solutions. Additionally, you will manage Bills of Materials (BOMs), maintain vendor price lists, and lead inventory counts to uphold accuracy. This role is key to enhancing supply chain efficiency, driving continuous improvement, and supporting the company’s operational success.

Note: This role is an on-site role with frequent 6am start times for inventory cycle counts.

**Key Responsibilities**:

- Play a key role for the overall management of inventory including: communication, follow up, and reporting; identifying discrepancies (quantity and cost), and taking corrective action to address root-cause issues.
- Oversee the daily inventory transactions and activity.
- In collaboration with procurement, determine optimal inventory levels, analyzing historical sales data and seasonal demand to determine inventory needs, analyzing processes to determine replenishment cycles, and resolving issues related to inventory levels and replenishment.
- Lead year-end inventory counts and cycle counts, playing a pivotal role in maintaining inventory accuracy.
- Analyze trends and make corresponding sourcing decisions that contribute directly to the company's competitive position.
- Create and maintain Bills of Materials (BOMs) in our accounting system (Sage 300).
- Collaborate closely with our Sales and Operations teams to ensure BOM accuracy and streamline processes.
- Dive into the intricacies of inventory management, updating and setting up inventory and non-stock items with precision.
- Maintain and update price lists in our Vendor Catalogue.
- Maintain meticulous filing systems for BOM creation and changes, ensuring seamless documentation.
- Actively lead and support continuous improvement initiatives.
- Duties and responsibilities may be amended from time to time in order to support efficient Company operations.

**Skills/Qualifications**:

- **Post-secondary diploma or degree in a related business discipline. Materials Management/Inventory Control/APICS (CPIM, CSCP or equivalent).**:

- 3+ years’ experience with inventory management practices in a manufacturing environment.
- Knowledge of MRP, BOM and Lean JIT inventory management.
- Knowledge of Sage 300 and Microsoft Office, particularly Excel. Access considered an asset.
- Well-developed problem-solving skills with the ability to find solutions and incorporate them into existing practices as needed.
- Impeccable attention to detail and a process-oriented mindset.
- Strong interpersonal, communication, and teamwork skills, with the ability to collaborate effectively across departments.
- Proven analytical skills and the ability to take ownership of projects.

**Application Requirements**:
**Job Types**: Full-time, Permanent

**Benefits**:

- Dental care
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match
- Vision care

Schedule:

- Monday to Friday

Work Location: In person

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