Airswift is seeking an Inventory Analyst to work with one of our O&G clients in Calgary, AB on a 2-year contract position.
Reporting to the CP Planning and Procurement Manager, this key role is responsible for managing inventory and demand planning processes to support a world-class supply chain that meets business demands. The Inventory Analyst will be experienced in setting up, maintaining, and improving end-to-end inventory management strategies and processes for large-scale process industry operations, industrial projects, shutdowns, and turnarounds, including planning for material storage and preservation.
This role includes the following key responsibilities:
- Design, implement, improve, and optimize the SAP MM (Materials Management) plan.
- Perform both strategic and transactional inventory management-optimizing inventory across operations.
- Develop, implement, and maintain inventory work processes with a focus on continuous improvement.
- Develop, deploy, and monitor inventory KPIs and performance against targets.
- Provide early planning and input into the onboarding approach for asset purchases; share best practices across warehouses, countries, and businesses.
- Identify continuous improvement initiatives in Material Management at the site or local level.
- Serve as an interface between Material Management and Plant Maintenance to ensure completeness and accuracy of Bills of Materials (BoMs).
- Provide material visibility and assurance during planning, work order release, and execution phases.
- Support the design and configuration of SAP's Materials Management Module to ensure optimum flexibility and performance aligned with chosen supply chains.
- Deliver operational spare parts and BoM build support.
- Collaboratively review spare parts and determine optimum sparing levels, factoring in maintenance advisor input.
- Ensure the quality and accuracy of the plant's material master data.
- In collaboration with Discipline Engineers, develop and implement an obsolescence plan.
- Prepare and seek sign-off for the annual inventory review plan.
- Identify surplus inventory and take proactive measures to prevent excess stock buildup.
- Drive implementation and maintenance of inventory work process improvements.
- Develop and enforce inventory and disposal policies.
- Create performance dashboards for inventory management.
- Create and amend Material Master records following internal coding systems.
- Provide early input into asset onboarding from the Material Management perspective.
- Review proposed spare parts and BoMs to ensure accurate system transfers and alignment with current inventory philosophy.
- Conduct mass data uploads into SAP as needed.
- Collaborate with CP Leads, Contract Engineers, and Analysts to ensure MM excellence is embedded in contracts.
- Advise CP Leads and Contract Holders on areas of MM value leakage and potential improvements.
Dimensions:
- Responsible for approximately 25,000 SKUs and over 70,000 Material Masters, covering spares and equipment in mechanical, electrical, instrumentation, rotating, piping material consumables, and other categories.
- Prior experience in maintenance or turnaround planning, execution, or scheduling is preferred.
- Strong understanding of SAP MM and PM modules.
- Experience in setting up material supply processes for large-scale operating plants and managing project-to-asset transitions.
- Strong interpersonal, influencing, and team-building skills, particularly in multicultural environments.
- Ability to manage multiple internal and external interfaces and stakeholders.
- This is a safety-sensitive role and will require passing a Drug and Alcohol test and a fitness-for-duty examination.
Skills & Requirements:
We are seeking a seasoned professional with at least 6 years of relevant experience in the oil and gas industry, combining technical and materials management knowledge.
Required experience and capabilities include:
- Strong analytical and critical thinking skills.
- In-depth knowledge of equipment and parts management to support planned maintenance.
- Solid understanding of Work Order processes and their relation to inventory management.
- Execution of demand and inventory management activities such as planning and replenishment, forecasting, expediting, assurance, compliance, reporting, and lead-time analysis.
- Conducting periodic risk analysis with engineering, maintenance, and procurement teams to balance plant reliability with cost.
- Identifying and implementing opportunities to reduce working capital.
- Applying inventory work processes and systems effectively.
- Contributing to annual inventory planning.
- Conducting analysis of slow-moving and obsolete inventory; leading disposal efforts.
- Monitoring and reporting on inventory KPIs.
- Optimizing stock levels and managing surplus.
- Understanding and applying best practices for MMR and BoMs.
- Collaborating with the business to define stocking strategies.
- Coaching and influencing stakeholders to adopt cost-optimization initiatives.
- Managing relationships with key stakeholders (Warehouse Leads, Maintenance, CP).
- Using SAP IM and MM modules to manage warehouse operations.
- Researching and applying external benchmarks and best practices for critical materials.
- Driving performance and competency improvement in materials management.