Inventory Analyst

Description The Inventory Analyst is responsible for ensuring inventory accuracy and integrity across production, warehouse, and financial systems. This role combines analytical expertise, Lean principles, and hands-on execution to optimize material flow, reduce waste, and support continuous improvement initiatives. The ideal candidate thrives in a fast-paced environment, demonstrates strong problem-solving skills, and collaborates effectively with cross-functional teams.Key Responsibilities:Execute cycle counting (daily, weekly, monthly) using statistical sampling, ABC classification, and risk-based methods to maintain inventory accuracy.Perform physical inventory counts and ensure data integrity across production, warehouse, and financial systems.Investigate inventory discrepancies using structured problem-solving tools (5 Whys, fishbone, Pareto, SPC).Analyze inventory variances and trends; recommend process improvements based on root cause analysis.Manage customer-owned inventory and support stock audits to meet contractual and SLA requirements.Maintain Kanban systems and apply Lean principles for pull-based replenishment and waste reduction.Collaborate with stakeholders to optimize material flow, WIP levels, and capacity using VSM, queuing theory, and throughput analysis.Advise on risks affecting production supply and coordinate cross-functional mitigation.Drive initiatives to reduce slow-moving inventory, obsolescence, and improve turnover metrics.Maintain and calibrate counting equipment; develop improved methods for complex items.Support VMI and space utilization optimization for operational efficiency.Track and report KPIs (accuracy, productivity, variance trends) for data-driven decisions.Perform other duties supporting manufacturing operations and continuous improvement. Core Skills & Tools:Inventory management, Lean principles, Kanban systemsMaterial Requirements Planning SoftwareStatistical analysis, SPC, ABC classificationProblem-solving methodologies (5 Whys, Pareto, fishbone)Data analysis, KPI reportingContinuous improvement and cost optimizationThe successful person must be able to gain the appropriate Canadian government security clearance and satisfy all requirements to be able to work on Canadian Controlled Goods projects.Ability to adapt and deliver in a past paced and constantly changing environment.Balance changing priorities and demanding workflow.Ability to lift 30 pounds without restriction and stand/walk for long periods of time.Support and demonstrate safe work practices and a healthy work environmentExcited about our products, their structure and complexity and have a willingness to always learn. Have a desire to seek opportunities to understand our manufacturing processes and material and be part of Continuous Improvement teams.  Typically, a High School Diploma (or equivalent) and 5+ years of related experience. 6 months Assembly experience preferredDiverse & Inclusive Employer Ultra Maritime is an equal opportunities employer that values diversity, inclusion, equity and equality. Underpinned by our values, behaviours, and policies, we want you to feel empowered to be your best and authentic self.We promote a workplace that welcomes people from all backgrounds and cultures; believing that this will increase our diversity of thinking, and ultimately ensure we continue delivering on our commitments to our customers.We do not discriminate based on race, religion, colour, national origin, gender identity, sexual orientation, age, marital status, veteran status, or disability status and welcome applications from all candidates.What’s in it for you?We offer a competitive benefits package including extended health and dental, life insurance, RRSP, deferred profit sharing, optional critical illness insurance, an EFAP and student bursaries.We encourage regular manager-employee performance feedback, goal alignment and employee development through our Employee Performance Development Plan (EPDP) and offer employee education assistance to allow our people to acquire new qualifications and certifications.We are an Equal Opportunities employer and particularly welcome applications from Women, Aboriginal Persons, Persons with Disabilities and Visible Minorities.Company: Ultra Maritime