Inventory Manager
6 days ago
**INVENTORY MANAGER**
- at Pacific Smoke International Inc.- Mobility between 3 locations required.**Do you believe that a company’s success depends on its people?** If so, PSI is the place for you PSI is nothing without the people who build, design and support it. We’re looking for an Inventory Manager to join our scaling organization.At Pacific Smoke International, our mission is to help people quit smoking by providing safer alternatives to traditional cigarettes. As the leading distributor of electronic vaporizers and award-winning vaping products in Canada, we've made significant progress since our founding in 2013. However, we have much more to accomplish for our customers, and we're looking for a culturally aligned Inventory Manager to join our dynamic team located in Markham, ON.**What’s important to us**:
We are seeking to attract individuals who share and demonstrate our core values**:_Judgement, Curiosity, Agility, Results, Accountability, Teamwork_**.**
In this role, you will report directly to the Director of the Supply Chain and play a vital role in the Manufacturing, Supply Chain and Logistics Department. Your primary responsibilities will include Inventory Control and Reverse Logistics.**The Inventory Manager**:
- Develops and Manages the Cycle Count Program and Annual Inventory Count program.
- Reviews shortages and inventory adjustments daily (tracking/monitoring positive and negative adjustments - Taking corrective action to fix continuous/similar offences)
- Creates, reviews, deploys and develops the Inventory Control procedures (root cause and solution execution, based on inventory recaps + cycle counts)
- Maintains a high level of inventory accuracy, by ensuring system information is accurate with physical location (cycle count planning and org)
- Leads best practice improvement projects regarding processes that impact inventory traceability.
- Creates SLA targets/Target $$ for various inventory bins, defines optimal goals for those bins.
- Improves Overall Efficiency of Inventory Investment and maintains strict limits on Inventory ROI
- Coordinates with Distribution and Customer Service to identify and rectify variances Ensures proper FIFO rotation of inventory.
- Works with the Distribution, Supply Planning and Logistics team leaders to track changes to inventory for damages, and vendor returns and working in conjunction with the accounting team (keeping track of cost for each of the noted cases)
**Reverse Logistics**
- Manages physical inventory for Reverse Logistics program - understanding inventory shortages and overages and reporting on a timely basis to Customer Services Manager
- Develops and owns metrics to measure performance, productivity, efficiency, and effectiveness of Reverse Logistics program.
- Resource planning and team management
- Reviews and implements best practices for receiving and processing goods.
- Makes recommendations to the leadership teams about improvements in Reverse Logistics Program
**Loss Prevention**
- Develops a Loss Prevention system and measurement.
- Manages and coordinates daily cycle count variances and adjusts in system as necessary.
- Identifies, rectifies, and reports variance trends by location, operator, carrier, vendor and other factors as identified.
- Security assurance and protection of high-value goods protocols
**Reporting & Process Improvements**
- Develop, manage, and execute process improvement projects to impact inventory management practices, processes, and metrics.
- Develop, document, review and communicate inventory management policies and procedures; coordinate activities to improve performance, productivity, and inventory accuracy.
- Develops and monitors KPIs regarding accuracy and integrity of Inventory transactions, providing feedback to the Director of Supply Chain on opportunities for improvement.
- Creates/identifies measurable inventory control metrics for daily, weekly, monthly, and yearly reporting.
- Confirms and reports inventory variances and builds programs to minimize such variances.
- Creates daily, weekly, monthly, and yearly reports/dashboards that identify changes in various inventory levels.
**To be successful you should have**:
- 5+ years previous experience in Inventory Control Manager/Inventory Manager role
- Education and professional designation/certification in Inventory and Supply Chain Management
- Expertise/experience of supply chain and logistics
- Organized and detail-oriented.
- Strong quantitative and critical thinking skills
- Developed problem-solving skills.
- Established analytical skills.
- Critical information seeking skills.
- Excellent communication skills (both verbal and written)
- Strong customer service focus and skills
- Must have a positive attitude, with a focus on teamwork and rapid problem resolution.
- Strong interpersonal skills
- Expert Excel skills
**What you can expect from Pacific Smoke International**:
At our company, we strive to provide our team membe
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