Inventory Analyst
3 months ago
**About the Role**
**Primary Responsibilities**
- Identify inventory avoidance/reduction opportunities
- Work with all departments to drive inventory reduction opportunities
- Stratify inventory to assist in inventory metric reporting, management and control
- Develop key metrics for tracking inventory values and trends
- Measure specific categories of inventory against key metrics
- Estimate ideal inventory levels by family based on production plan
- Report on work order cycle times and implement improvements
- Hands on management of obsolete inventory via sales, rework, or scrap
- Assist in forecasting appropriate levels of stock
- Manage/reduce excess to MRP inventory
- Provide action message metrics and meet with buyers to review MRP action messages
- Measure future inventory purchase against MRP action messages and work with the buyers to correct variances
- Assist on a daily basis in evaluating changes in demand and configurations as they relate to overall inventory levels, safety stock, and stranded inventory
- Other duties as required
- Support Business Case approval and implementation for long lead material and last time buys.
**Required Capabilities**
- Knowledge of inventory, supply chain, and production control processes
- Strong analytical and query skills to investigate, comprehend and drive resolution of all aspects of material and supply chain issues
- Strong oral and written communication skills
- Ability to learn and grow within a fast paced environment
- Good interpersonal skills
- Ability to prioritize workload and coordinate activities inter-company and amongst multiple departments
- Competent user of Microsoft Office tools with an emphasis on Word & Excel, PowerPoint,
- Team player attitude with a high sense of urgency to respond to time-sensitive issues
- Action oriented/results driven
**Desired Education and Experiences**
- Five (5) years of experience in parts planning, forecasting or production control environment
- CPIM Certification or equivalent
- University Degree/College Diploma in Business Operations, Supply Chain or related field an asset
- Experience in aerospace/military product support an asset
- Must be eligible to meet requirements for Controlled Goods Program (CGP)
- Knowledge of ISO9000/AS9100 standards a plus
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