Inventory Specialist
17 hours ago
**Position Summary**:
**About VDG**
Van der Graaf is the leading Manufacturer of drum motors for over 37 years. We are internationally recognized manufacturer of high precision, heavy duty and efficient power transmission equipment for the conveyor industry with modern manufacturing plants in United States, Canada and Europe.
The unique drum motor is a one component conveyor drive which houses all parts internally, eliminating the need for external components like motor, gearbox, sprockets, chain, chain guard and pillow block bearings. The drum motor offers a versatile, less complex, and more efficient way to power your belt conveyor.
We provide reliable solutions through innovation, precision manufacturing processes and after sale support.
Our mission today continues as a manufacturer of superior products to meet customer needs in a changing marketplace.
If you are an accomplished professional with a commitment to excellence and have a passion for inventory management within the manufacturing sector, we would love to hear from you.
**Responsibilities**:
**Inventory Management**:
- Collaborate with procurement and logistics teams to forecast inventory needs.
- Manage ordering, tracking, and replenishment of materials.
- Conduct cost analysis to obtain the best pricing and rates.
- Optimize inventory levels to meet production and operational requirements.
- Monitor inventory trends and develop strategies for reducing excess stock and minimizing shortages.
**Inventory Control**:
- Manage daily inventory operations and ensure accuracy in all inventory records.
- Implement inventory control processes and best practices to enhance efficiency.
**Forecasting and Planning**:
- Assist in forecasting future inventory needs based on historical data and trends.
- Participate in planning related to inventory purchases and storage.
**Reporting**:
- Utilize inventory management software to track stock levels and generate reports.
- Prepare and analyze reports to identify opportunities for process improvements.
**Auditing and Accuracy**:
- Conduct regular inventory counts and cycle counts.
- Identify and resolve inventory discrepancies through audits.
- Maintain accurate documentation of inventory transactions and product movements.
**Health and Safety Compliance**:
- Ensure compliance with health and safety regulations in all operational activities.
**Other**:
- Assist in issuing and receiving purchase orders when required.
- Perform other duties as assigned.
**Qualifications**:
- A post-secondary education in business, logistics, supply chain management or related field.
- Minimum 5 years of experience as an inventory specialist or in a similar role in the manufacturing industry.
- Strong understanding of inventory management principles and practices such as JIT, safety stock, reorder points, and first-in, first-out.
- Excellent knowledge of data analysis and forecasting methods.
- Excellent analytical and problem-solving abilities to identify issues and recommend solutions.
- Strong attention to detail and accuracy in data entry and record-keeping.
- Ability to work independently and collaboratively within a team environment.
- Excellent written and verbal communication skills.
- Strong interpersonal skills to collaborate effectively with internal teams and suppliers.
- Proficiency in inventory management software and Microsoft Office Suite.
- Strong organizational skills and the ability to manage multiple tasks simultaneously.
**Job Types**: Full-time, Permanent
Pay: $47,542.21-$75,882.92 per year
**Benefits**:
- Dental care
- Disability insurance
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match
- Tuition reimbursement
- Vision care
Schedule:
- Day shift
- Monday to Friday
Work Location: In person
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