Inventory Analyst

Niagara Falls, ON, Canada

Full Time

Logistics

Mid Level

CWD designs, markets & sells the highest performing consumer electronics that are smart, simple, and stylish. From high fidelity turntables to wireless video connectivity systems, we create innovative products that empower people. Our success is measured in our customer satisfaction ratings and dedicated following. We have been in business since 1961 and our creations can be found in millions of homes. Together in teams, as a company, as a community, we are committed to Creating What’s Different!

CWD is looking for an Inventory Analyst to join our exceptionally talented and collaborative team! Reporting to the Logistics Manager at our Niagara Falls location, the successful candidate will be responsible for managing inventory levels, analyzing trends, and developing plans to optimize stock and minimize waste. Additionally, they will be responsible for providing accurate and timely financial analysis to support decision making for the company.

If you are someone that likes a challenge and are continuously striving for excellence, then this is the perfect opportunity for you!

What We Offer:

Full comprehensive benefits (dental, medical and eye) 80/20 split-family coverage
Annual professional development fund
RRSP Match
Fitness incentives
Team events
50% off on CWD brands
Relocation expense

Key Responsibilities:

Inventory Management

Monitor and track inventory levels, analyzing trends to forecast future needs
Compile data from multiple sources to prepare reports on inventory levels, trends, and forecasts for senior management
Review and reconcile invoices and purchase orders, ensuring accuracy and compliance with company policy
Evaluate and procure enough inventory for large promotional activities, and high velocity items
Act as the liaison between Finance, Research & Development, and Sales teams
Collaborate with the Warehouse team to coordinate flow of goods
Develop and maintain relationships with vendors to ensure timely delivery of goods and services
Identify opportunities to streamline inventory management processes
Resolve discrepancies between physical and inventory and records and investigate and resolve issues with damaged or missing inventory
Recommend changes to current inventory policies and procedures

Financial & Sales Analysis

Conduct analysis of product viability to identify trends, recommend solutions, and support decision-making
Develop and present financial plans, forecasts, and reports to senior management using Excel spreadsheets
Analyze gross margins by division, category, and item and compare to what has been forecasted
Conduct research and monitor real time trends on economic indicators such as fluctuation on foreign exchange rates and market trends
Identify opportunities to reduce costs by recommending process improvements

Other

Generate Ad hoc reports as requested
Undertake related duties as assigned to achieve the company objectives and goals

Qualifications:

College diploma or university degree in Business Administration, Accounting, Economics, or a related field
Three (3) years of inventory management or purchasing experience
Two (2) years of financial analysis experience
Experience extracting data from an ERP system
Experience working with freight forwarders considered an asset
Proficiency using Microsoft Office
Advanced Microsoft Excel knowledge (VLOOPUPS, Pivot Tables, IF Statements, Macros)
Experience managing a large volume of data in Excel
Analytical and highly motivated self-starter
Detail oriented problem solver
Strong communication and interpersonal skills
Ability to work in a fast-paced ever-changing environment

You Will Stand Out If:

You have experience using NetSuite
You have experience using Power BI

This is a full-time permanent role working 40 hours a week on-site. Our hours of operation are 8:15am to 5:00pm Monday to Friday.

If the above interests you, then apply to join our fast paced, creative, and energetic team!

CWD is an equal opportunity employer and is dedicated to creating a diverse and inclusive work environment. We are committed to providing accommodations for people with disabilities throughout the recruitment process, and upon request, will work with qualified job applicants to provide suitable accommodation in a manner that takes into account the applicant’s accessibility needs due to disability. Applicants must make their accommodation needs known upon requests for interviews.

#CWDHP

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