Inventory Analyst
Chatters Limited Partnerships
- Mississauga, ON
- Permanent
- Temps-plein
- Analyze sales and inventory data to make informed decisions regarding replenishment of items at the store level.
- Analyze and make recommendations to optimize and control inventory levels while meeting business requirements.
- Manage inventory orders at the SKU level to align with demand forecasts for all stores and warehouses.
- Allocate inventory to stores based on sales trends and seasonal demand shifts.
- Coordinate shipments with Warehouse and vendors/ stores to ensure timely product delivery.
- Suggest and implement improvements to reduce stock shortages and overstock issues.
- Continuously review inventory data to refine future replenishment strategies.
- Track sales and inventory performance, identifying gaps between projections and actual results.
- Issue purchase and allocation requisitions daily as required.
- Working closely with the planning team to ensure that inventory levels are maintained to achieve sales targets.
- Monitor purchase orders: ensuring salon credits, supplier credits, and inventory records are reconciled.
- Initiative to see beyond the day-to-day business and seek opportunities to maximize the sales potential.
- Establish and maintain significant cross-functional relationships with the buying team, distribution center, store operations and other departments.
- Assist and support senior management in implementing the company vision and goals through execution of inventory management transactions and processes.
- Take on additional responsibilities as assigned by the Inventory Manager.
- Bachelor’s degree in supply chain or post-secondary education or equivalent experience relating to inventory management.
- Minimum 5 years of experience in inventory management or a similar discipline.
- Minimum 5 years of experience with MRP systems.
- Minimum 5 years’ experience in retail allocation.
- Experience in generating reports related to inventory variance, turnover, returns etc.
- Distribution Retail and/or Beauty Industry experience preferred.
- Excellent communications skills, both verbal and written.
- Excellent interpersonal and relationship building skills; team building skills.
- Strong conceptual, analytical, and problem-solving skills.
- Strong organizational, time management and planning skills with the ability to prioritize and multi-task.
- Strong problem-solving skills and sound decision-making abilities.
- Proficiency in the use of Microsoft Office products (Word, Excel, Visio, PowerPoint)
- Working knowledge of working in an ERP system ideally business central.
- Discounted products and salon services
- Competitive wage rates
- Medical and dental
- Employer RRSP contributions
- Plus, lots of opportunities to learn and grow!
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