Inventory Analyst
2 weeks ago
**Inventory Analyst - Halifax, NS**
**About High Liner** **Foods**
High Liner Foods was founded in **1899** in Lunenburg, Nova Scotia, Canada as a small salt fish company. Lunenburg is still the current home of our Canadian Operations. As a category leader in Seafood, High Liner Foods has a strong footprint across Canada and the U.S. with close to $1 billion in sales.
High Liner Foods is the seafood brand people trust. Every day we’re _Reimagining Seafood to Nourish Life_ through a focus on our customers, innovation, and of course, responsible operations. Our talented team is committed to the High Liner Foods goal of becoming the leader in branded, value-added seafood in North America.
We offer professional, technical and operational career opportunities across Canada and the United States. We believe in building a high-performance organization by investing in our people. We are focused on developing future leaders from within and fostering career growth and advancement.
It’s our time to make waves. Join us.
**High Liner Foods is a career destination. We look for high-performing talent who value**:
- Safety - it’s our #1 priority
- Opportunities to contribute to your community through volunteerism
- A culture of inclusion, support and recognition
- Senior leaders that are highly accessible and available to employees
- A strong focus on education and career development through training
- Competitive salary and performance rewards
- A comprehensive benefit plan designed to keep up with the changing healthcare needs across North America
**Position Summary**:
The Inventory Analyst will be responsible for identifying and bringing visibility to inventory risk. As part of the S&OP team, this role works cross-functionally to drive decisions and actions to minimize the negative financial impacts of problem inventory and ensuring that any financial implications are reflected in inventory reserves to support our financial forecasts.
**Essential Duties and Responsibilities**:
- Monthly review of excess/at risk Inventory, including inventory projections, covering Food Service and Retail finished goods, and raw materials. Highlight potential aged/excess inventory concerns to Sales & Marketing, while providing recommendations to reduce or prevent inventory losses.
- Lead monthly inventory risk assessment meetings with sales operations team to address the highest aged/excess inventory concerns and follow up as necessary to ensure action is being taken in a timely manner.
- Support S&OP annual budget, and forecast functions as required.
- Support monthly financial close and monthly/quarterly financial forecast by calculating projected inventory and inventory reserves.
- Support the creation of monthly inventory reporting for monthly review of inventory trends including Inventory Turns, Aged Inventory, Excess Inventory, Held Inventory, Weeks of Inventory etc.
- Create and maintain Key Performance Indicators (KPI) related to inventory management to support weekly and monthly Supply Chain Scorecards.
- Support supply chain projects and routine inventory discussions by providing analyses using Rapid Response, corporate BI tools and offline tools.
**Qualifications**:
- Bachelor’s degree is required, financial acumen is considered an asset in this role
- A Minimum 3 years of experience in inventory management and/or supply chain or equivalent is a plus.
- Experience with ERP Software, (JD Edwards preferred), Sales and Operations Planning or Advanced Planning Software, Microsoft Office, (with Excel proficiency of intermediate - advanced)
- Proven analytical ability, able to obtain insights from data and create necessary action steps required to meet targets.
- Strong organizational and time management skills, with proven ability to prioritize.
- Detail oriented, with a high level of accuracy.
- Proven desire and ability to identify and execute improvements to processes and analyses.
- Excellent communication (both written and verbal) and negotiation skills.
- Supply chain certifications are a plus. (APICS, CSCP, CPIM, CPSCM, PMAC etc.)
**High Liner Foods is Remote Friendly** We offer a Flexible Hybrid Work Model where corporate office employees have the flexibility to choose a minimum of two office days per week, with the option to work wherever they prefer (office or remote) for the remainder of the week.
**Health, Safety & Wellness**
At High Liner Foods, we believe strongly in the safety and wellness of our employees. Our organization has a number of policies, programs and practices that focus on safety, wellness, health and sustainability of the overall organization. Company employees, including temporary/agency and contract workers, are required to provide proof of their full COVID-19 vaccination status if their role requires business travel by a means requiring vaccination (including, but not limited to, international air travel and/or domestic air and rail travel within Canada) per regional laws/regul
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