Inventory Analyst
1 week ago
With over 100 years of experience, Stokes Seeds is a primary distributor of commercial vegetable seeds throughout the US and Canada. We have locations in Thorold Ontario, Holland MI, Buffalo NY, Vineland NJ, LaBelle FL, and Moultrie GA. We partner with trusted growers and vendors for research and trialing, ensuring the confidence of carrying only high-quality products. Featuring an experienced sales team, exciting new varieties from world-class vendors, and exceptional customer service, Stokes Seeds continues to be the seed supplier of choice for growers across Canada and the US.
**Position Summary**
The Inventory Analyst will be responsible for managing and monitoring the company’s inventory levels to ensure that operations are efficient and effective in the use of its inventory. The Inventory Analyst will be responsible for leading physical inventory, cycle counts, inventory management and analytics. The Inventory Analyst will work closely with Accounting, Purchasing, and Order Fulfillment teams to optimize supply chain efficiency.
**Key Responsibilities**
- Direct and lead initiatives of inventory management operations including physical inventory planning, annual and period cycle counting, stock accuracy and control methodologies
- Overseeing lot creation, ensuring lot integrity for product control
- Collaborate with cross functional teams to ensure efficient and robust inventory controls are in place which meet current and future needs of the business
- Monitor, resolve and report all slow and obsolete inventories and communicate with management
- Develop strategies to improve on inventory accuracy
- Analyze data on inventory usage and collaborate with procurement to determine future requirements of the business
- Lead strategic projects, including identifying key stakeholders, gaining buy-in and commitment, and managing a plan to achieve business plan objectives involving inventory
- Report data for internal and external audits in a timely fashion
Quarterly Inventory Cycle Counts
- Perform problem investigation as needed
- Monitor and report inventory variance issues, document all inventory discrepancies and adjust records
- Obtain the required approval and process adjustments in the system
Inventory Analysis
- Monitor lot creation and item creation, ensuring quantity accuracy and cost accuracy
- Periodic spot checks of assembled items for costing accuracy
- Reviewing pricing discrepancies or items selling at losses to provide strategic input to management
- Use a problem-solving method to determine root cause and prevent reoccurrence of inventory accuracy problems
**QUALIFICATIONS**
- 3-5 years of progressive experience in inventory roles (Supply Chain/Logistics)
- Strong decision-making abilities
- Excellent knowledge of data analysis and forecasting methods considered an asset
- Knowledge of ERP and warehousing software
- Ability to accurately track inventory and create reports
- Possess an analytical mind with solid mathematical skills
- Willing to be actively “hands-on” and ambitious in all situations
- Excellent organizational and planning skills and abilities
- Excellent communication skills and collaborative team player with the ability to build relationships with all levels of employees and departments (i.e., management team, auditors, client services, operations supervisors and finance team members)
- Ability to problem-solve and thrive in challenging situations
- Work under pressure, meeting deadlines and possess a sense of urgency
- Demonstrated ability to handle stress in a patient and deliberate manner
- Ability to multi-task and accurately meet conflicting priorities/deadlines within a complex business environment
- Ability to take ownership and accountability
- Intermediate Excel skills (e.g., VLOOKUP’s, SUMIFS, etc.)
- Experience in a fast-paced, high-volume environment
- At Stokes Seeds, we are committed to inclusive, barrier-free recruitment and selection processes and work environment. We are happy to discuss any need for accommodation and will make every effort to meet those needs in a timely manner. Please advise the Human Resources Department if you require accommodation throughout the recruitment and selection processes and/or within the work environment. Information received in relation to accommodation measures will be addressed confidentially._
**Job Types**: Full-time, Permanent
Pay: $45,000.00-$55,000.00 per year
**Benefits**:
- Casual dress
- Company events
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match
- Vision care
Flexible language requirement:
- French not required
Schedule:
- 8 hour shift
- Day shift
- Monday to Friday
Ability to commute/relocate:
- Thorold, ON L2V 5B6: reliably commute or plan to relocate before starting work (preferred)
**Experience**:
- Supply Chain/Logistics: 3 years (preferred)
- ERP systems: 1 year (preferred)
Wo