Inventory Analyst

4 weeks ago


Ancaster, Canada Sunrise Records Full time

Job purpose

The Inventory Analyst is responsible for the analysis of sales data and inventory for the category.

duties and responsibilities

The Inventory Analyst is responsible for:
♪ Generating reports and analysis to identify inventory opportunities, partnering with both internal and external parties to secure orders, and monitor the flow of inventory

♪ Working closely with the Purchasing department, the Inventory Analyst will implement best practices and exception reporting to maximize POS and maintain healthy in stocks

♪ Reviewing weekly in-stocks and provide analysis to identify inventory opportunities as they relate to in stocks, events, and POS potential

♪ Ensuring proper amount of POs are in the system at all times;
♪ Acting as the liaison between the Purchasing department and Logistics department to ensure smooth flow of inventory, including the communication of any PO or inventory flow issues;
♪ Timely and accurate reporting of POS and Inventory information to support the Sales staff in their daily activities. Reports could include scorecards, weekly/monthly/annual reports, forecast meeting documents, and ladder plans;
♪ Collaborating internally to ensure pre-planning activities related to inventory needs are completed and to ensure allocation strategies are in alignment with company plans

♪ Analyzing current and historical inventory and sales performance, and make appropriate recommendations by identifying and adjusting replenishment factors

♪ Conducting analysis on sales performance of items to improve and/or adjust future forecasts

♪ Other duties as assigned.

qualifications

Must have:
♪ 2 to 3 years of prior working experience in a retail or wholesale corporate environment as an Inventory Analyst, Replenishment Analyst, Demand Planner, Allocation Analyst, or a similar role is required

♪ Post-secondary degree in Business Administration, Commerce, Economics, Finance, or a related field is required

♪ Must possess intermediate/advanced Excel skills

♪ Must possess excellent analytical skills, with a high attention to detail

♪ Ability to work in a fast-paced environment

♪ Ability to learn new concepts quickly and share this knowledge with others

♪ Must possess excellent customer service skills

♪ Ability to work independently and as part of a team

♪ Must possess exceptional written and verbal communication skillsJob purpose

The Inventory Controller is responsible for maintaining the inventory accuracy throughout all stores and warehouses.

**Responsibilities**:
The Inventory Controller is responsible for:
♪ Investigate and correct inventory discrepancies reported by all stores.

♪ Coordination of cycle counts and physical inventories on a regular basis.

♪ Ensuring inventory in stores is checked monthly for stock expiry and coordinating with appropriate departments as required.

♪ Coordinate stock transfers in combination with purchasing as well as ensuring transfers are received accurately.

♪ Assist with the reporting and inventory reconciliation requirements pertaining to vendor stock returns.

♪ Maintaining consistent item setup within the ERP.

♪ Inventory adjustments for stock discrepancies, damages, theft, and item cost changes.

♪ Monitoring stock levels on a weekly basis and investigating any inconsistencies.

qualifications

Must have:
♪ 1 to 3 years of prior working experience in an Inventory Control role within an office environment is required.

♪ Knowledge of inventory movement, cycle counting, and business systems is required.

♪ Must possess excellent organizational and analytical skills, with a high attention to detail.

♪ Ability to work in a fast-paced environment.

♪ Ability to learn new concepts quickly.

♪ Ability to work independently and as part of a team.

♪ Must possess exceptional written and verbal communication skills.

♪ Fluent in French, an asset, but not required.

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

**Benefits**:

- Casual dress
- Discounted or free food
- Extended health care
- On-site parking
- Store discount
- Vision care

Schedule:

- Monday to Friday

Ability to commute/relocate:

- Ancaster, ON: reliably commute or plan to relocate before starting work (required)

Work Location: One location


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