Specialist, Inventory Management

**Location**:
100 East Beaver Creek Road, Richmond Hill, Ontario, L4B 1J6

At Shoppers Drug Mart, we’re innovating health and wellness in Canada. From prescriptions to walk-in clinics, and a beloved loyalty program, we’re caring and supporting our customers in new ways every day.
With more than 1,300 locally owned and operated stores from coast to coast, the Shoppers Drug Mart network is more than a great place to shop, it’s a great place to work. We’re committed to building our talented team who champion collaboration, kindness and inclusivity. Join our team, and help recognize a healthy future for your career and for all Canadians.

**Why this role is important?**

We are hiring an **Inventory Management Specialist **.**

**Location**:100 East Beaver Creek.
Reporting to the Inventory Lead, the incumbent is responsible for inventory management and supports procurement for Central Pharmacy Services in Richmond Hill.

**About the role**:
Reporting d irectly to the Inventory Lead, the Inventory Management Specialist is responsible for inventory management and supports procurement for Central Pharmacy Services in Mississauga. The inventory specialist is responsible for developing and implementing inventory management policies, processes, and procedures based on industry best practices. They will be responsible for analyzing and monitoring purchase and inventory trends to ensure overall goals in service levels, actively identifying opportunities for improvements, and enabling standardization across all operations.

**What you will do:
**Inventory **Management**: **

Responsible for developing and maintaining inventory management policies, processes, and procedures based on industry best practices

Responsible for implementation of inventory management system for Central Pharmacy Services located in Mississauga and supporting maintenance

Monitors and analyzes purchase and inventory trends, inventory investment, and returns revenue to ensure overall goals in service level and other key performance indicators are achieved

Manages the relationship with Inventory and Procurement teams to provide effective communication of changes to purchase habits as well as resolutions to product shortages, damages, long-term unavailability, and discontinued.

Reviews clinical and operations initiatives to determine inventory needs, considering current on - hand inventory and the required lead times to ensure Central Pharmacy Services can execute initiatives

Acts as Inventory Management process owner and actively supports projects/initiatives that impact Inventory Management

Actively seeks out opportunities for improvement within the scope of Inventory Management to meet performance, quality, and financial targets

Partners with the operational site and other teams to ensure effective resolution of all inventory-related issues

Maintain proper storage of medications within the pharmacy according to 5S principles

Ensure stock bottles are put away following the established workflow

Maintaining a perpetual inventory system

Manage customer returns and expired products following established disposal protocol (e.g., Stericycle One Box)

Prioritize recalls and immediately isolate product; quarantine until details of the recall are provided

Management of preferred generic product, e.g., DSP

Monitor and maintain MMS by performing daily Inventory tasks like Holding tanks, updating UPCs, utilizing suggested orders

Maintain Overstock to ensure the uninterrupted supply of all products

Work closely with the Pharmacists to prepare store communications for product availability updates

Track and communicate low-stock and out-of-stock situations according to pharmacy procedures

**Others: **

Unpack and receive pharmacy totes inside the pharmacy in a secure environment

Ensure narcotic inventory is detail received and records updated under the direct supervision of a Pharmacist

Put away received pharmacy inventory in the appropriate location in accordance with the established workflow

Ensure stock rotation is completed and the expired product is removed from the shelf and returned following standard operating procedures

Perform cycle counts following Standard Operating Procedures

Carry out daily inventory tasks, including, but not limited to, placing Orders, maintaining MSLs, receiving orders, investigating discrepancies

Order and maintain non-prescription merchandise in the dispensary, including stock rotation and the management of expired product

**What you will need: **

University Degree

3-5 years in Pharmacy inventory management

Strong interpersonal skills to effectively source information, obtain approvals, build relationships, and provide sufficient influence to achieve success

Creative problem solver and ability to work independently in a fast-paced environment

Ability to work with a high degree of detail and accuracy while adapting to multiple priorities

Excellent written and verbal communication skills

Mini