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Inventory Analyst

Xediton Pharmaceuticals Inc
Oakville, ON
Posted yesterday
Job Details:
Full-time
Entry Level

Company Description:

Xediton is a specialty pharmaceutical company with a focus on meeting the needs of patients, physicians, and partners We are located in Oakville, Ontario.

Inventory Analyst

The Inventory Analyst is responsible for monitoring and managing inventory levels to ensure optimal stock availability and accuracy. This role uses data analysis and forecasting to prevent stockouts or overstock situations, improve inventory turnover, and support operational efficiency. The Inventory Analyst collaborates closely with procurement, warehouse, and sales teams. The role is responsible for all supply chain activities.

Job Description & Key responsibilities:

Responsible for the supply chain process and the management of inventory

Tracking inventory from manufacturing through to in-transit and delivery to ensure timely stock replenishment.

Reconcile inventory at various locations and identify any discrepancies

Responsible for physical counts; Investigate, determine root cause and resolve all inventory discrepancies

Manage inventory forecasting and be a key part of the S&OP process by creating inventory plans based on sales forecasts, historical data and market trends

Monitor stock levels and adjust safety stock parameters accordingly.

Work collaboratively with the warehouse and 3PL to ensure all orders are delivered within the required delivery dates

Coordinate supply chain with production schedule

Receive products in inventory system

  • Prepare excel models taking into account inventory on hand, demand, replenishments.
  • Prepare inventory reports showing inventory counts, orders, statuses, discrepancies, and other statistical data and KPIs like stock accuracy, inventory days, and order fulfillment rates
  • Recommend process improvements to optimize inventory control and reduce costs.
  • Maintain inventory databases and systems
  • Create POs as required
  • Responsible for Min/Max analysis and right sizing to ensure optimal inventory quantities on hand

Skills & Qualification

The successful candidate is a highly motivated, enthusiastic and dynamic team player who is resourceful and dedicated and has competencies in adapting to changing environments.

Competencies:

  • At least 5 years inventory experience
  • University Business degree.
  • Proficient computer skills; Intermediate or Advanced Excel user
  • Experience using inventory or ERP systems (e.g., SAP Business One).
  • Excellent communication skills (written and oral)
  • Understanding of Inventory systems
  • Developed interpersonal skills, good team player.

Superior organizational skills, with the ability to prioritize and handle multiple tasks and deadlines, works well under pressure and has a sense of urgency.

Maintain a high degree of accuracy and attention to detail.

  • Highly developed analytical and problem-solving skills

Ability to demonstrate a high level of integrity.

The successful candidate will be interested in the business and have hands-on approach and be involved with reshaping the business.

  • General knowledge in inventory control, material planning and ERP system.

If this opportunity is of interest to you and are looking to working in a small company with growth opportunities, we would like to speak with you.

To apply, please apply on LinkedIn or email your application and resume

While we appreciate the interest of all applicants, only candidates selected for an interview will be contacted.

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