Inventory Planner/Analyst

Job Summary:

The main purpose of the Inventory Planner / Analyst is to maintain inventories as

low as possible through ordering and production while ensuring the sales

representative have sufficient quantities for customers. This is achieved through

extensive analysis as well as coordination of production and sales predictions.

The Inventory Planner / Analyst is responsible for the maintaining, monitoring, and

analyzing the OEM/Aftermarket inventory of Company. The incumbent will correct

issues with inventory as they come about as well as ensure the flow of inventory as

a whole for the OEM/Aftermarket Sector.

Duties &

Responsibilities:

Reviewing demand then checking available stock and conformance to the

inventory plan and order more stock if necessary

Sending Inquiries to the appropriate manufacturing facility.

Negotiate prices with suppliers

Release Purchase Orders on a timely manner

Confirm Purchase order details with the manufacturing facility to ensure

timely delivery dates and negotiate production schedule changes.

Expedites Delivery and Follow-Up on POs with the company factories and suppliers

Sample Ordering from various locations using the GSOR system with the

necessary information from Engineering PPAP samples and production

samples

Responsible for filling backup orders

Apply strategic planning to ensure the availability of all necessary inventory

required to support the business.

Ensure appropriate levels of inventory

Advise the Purchasing Manager where inventory levels are depleted/low or

excess and take appropriate actions to manage impact

Assist with budget planning twice a year, matching purchase history with

planned budget

Fulfill and meet Key Performance Indices (KPI s)

Prepare and discuss potential inventory issues in SIOP meetings

Perform other duties as required

Knowledge:Knowledge and understanding of integrated supply chain and logistics

concepts and theories.

Knowledge and experience with operations as a whole

Exceptional forecasting ability with strong analytical and interpretive skills.

Knowledge of inventory control procedures.

Knowledge of accounting system/inventory control processes

Strong computer skills in Microsoft Office software suites.

Knowledge of local and global markets for the industry is an asset

Skills and Abilities:Ability to analyze and solve problems quickly and efficiently

Can adapt to changing conditions and demands set forth by customers

Strong organizational

and time management skills.

Proven ability to multi-task and work independently.

Demonstrated communication skills.

Able to build and maintain lasting relationships with corporate departments

and key business partners.

Able to work efficiently as a part of a team as well as independently.

Excellent time and project management skills.

A well-defined sense of diplomacy, including solid negotiation, conflict

resolution, and people management skills.

Ability to attend and conduct presentations.

Requirements

Education and

Professional

Experience:

College Diploma or Bachelors Degree in Business, Finance, Engineering or

Supply Chain Management.

Proven success in an Inventory Management role.

3-5 years in Inventory Planning or Inventory Analyst role.

Business/Economic scholarly background would be useful

Exceptional oral and written communication skills to communicate effectively

with all levels within the organization and with external stakeholders.

Strong writing skills for creating reports, correspondence, contracts, requests,

bids, and other documentation.

Familiarity with supply chain management (SCM) software

Working experience in the bearing industry preferred

How You'll Perform The Role Produce molds and/or machined / fabricated parts accurately and efficiently within established timelines Handle cutting, drilling, reaming, boring, polishing, deburring and grinding of aluminum parts Handle cleaning, fitting, drilling and assembling of the tools Assist with sample making process when required Grind tools for custom requirements Know capability of various machines and related impact on parts/tools Come up with ideas for productivity improvements through engineering solutions like jigs, fixtures etc. whenever required Guide and assist co-workers whenever required Make wooden crates and pack the tools for shipment whenever required Lift and move product / parts / boxes when required Assist with cleaning up machines and their general maintenance Diligently follow lockout / tag out procedures whenever required Understand, maintain and follow the working procedures for machine shop Maintain proper housekeeping and 5S in own work area and around work units Perform all work in a safe manner and fully comply with the Safety and Quality (GMP) policies and procedures of the Company Any other duties as assigned by the Management What We Need From You Minimum High school diploma and Ontario Machinist Certification Minimum 5 years of experience in machine shop and fabrication for making thermoforming molds or similar applications Strong knowledge of different tooling machinery and its usage, including Milling Machines, Lathes, Drilling Machine, Band saw, Grinders etc. Able to verify dimensions of machined parts or tooling using different measuring instruments eg. Vernier Caliper, Micrometer, Height gauge etc. Able to read and interpret blue-prints or study sample parts to determine machining operations to be performed Strong knowledge of welding and brazing. Able to work accurately and efficiently with minimal supervision Should possess own basic tools Good English communications skills (verbal and written)