Inventory Material Analyst

1 day ago

Regina, Canada Brandt Full time

Reporting to the Product Data Management Manager, the Inventory Material Analyst is responsible for providing information and analytics to Operations Management to improve inventory accuracy and help Operations Managers achieve targeted inventory turns at each Brandt Industries manufacturing facility. This position will act as a central hub that will setup and communicate standard inventory management practices across all manufacturing facilities and work collaboratively with operational departments to ensure inventory and materials strategies are optimized.

Duties & Responsibilities
- Development and adherence to standard inventory management practices among manufacturing operations.
- Work with purchasing to setup required fields in item data that effect MPS (lead time, order interval, order multiple, MOQ).
- Work with Ops Managers, IMMs and other applicable manufacturing departments to evaluate sales and MPS to establish and monitor safety stock logic for select inventory items as well as ensure PIT demand is triggered in a timely manner when inventory levels fall below minimum.
- Review safety stock items regularly and refresh the list as required.
- Identify slow-moving inventory and recommend actions in consultation with Ops, Sales and Engineering management.
- Facilitate proper disposition of material when Engineering changes occur. This role will be a permanent member of the change review board (CRB).
- In conjunction with the CRB, facilitate proper disposition of end of life/model change.
- Manage non-current Wholegoods and part numbers as well as obsolescence due to end of life or discontinuation.
- Ensure minimum order quantities (MOQs) are accurate.
- Create and track inventory performance indicators like inventory turns (or days of supply) and support IMMs with tools to manage inventory accuracy, dock to stock times, etc.
- Facilitate the creation of material plans for MPS items.

**Required Skills**:
Required Experience
- At least 5 years working experience in a manufacturing environment.
- Relevant post-secondary education in Engineering, Business (MBA or CPA advantageous) or professional training in SCMP or CPIM.
- Strong communication and interpersonal skills.
- Strong organizational skills and attention to detail.
- Experience working with a variety of inventory management practices and principles (Min/Max, Kanban, Safety Stock, Lead Time, Kitting, etc.).
- Experience in MRP systems and proficient with MS Office tools especially EXCEL.

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