Inventory Control Specialist – Guelph, ON

Job title: Inventory Control Specialist – Guelph, ON

Job description: Wurth Canada is a high-performance organization that is built on humanistic values-achievement, trust, respect, integrity, accountability, and affiliation. We promote a strong culture that possesses authenticity and encourages crucial conversations and boldness. If you are looking for the opportunity to make a real impact, be part of a growing organization and grow personally and professionally, you have a future at Wurth!

Job Purpose:

As an Inventory Control specialist, you will play a pivotal role in optimizing inventory management across three warehouses, each housing approximately 14,000 items. You will be responsible for reducing excess inventory, helping to eliminate obsolete stock and improving overall warehouse operations.

Our employees enjoy:

• A culture of empowerment and trust that puts a focus on professional development and coaching from a supportive management team.
• A Monday to Friday opportunity that values work/life balance integration, providing flexibility within the day-to-day role.
• A hybrid work model with 3 days in office and 2 from home on average.
• Strong compensation.
• Group Benefits Program (Health, dental, life, EAP, etc.) and Pension Plan.
• 3 weeks paid vacation and 5 paid sick days. Company-wide vacation time at end of the year.
• A solid onboarding plan with a 6-month mentoring program for new employees.
• A corporate recognition platform that promotes appreciation and collaboration providing both intrinsic recognition and monetary rewards.
• An open-door environment that promotes close collaboration within all levels of the organization.
• Continued professional development within a privately owned global company that offers both stability and growth opportunities.

Key Responsibilities:

• Inventory Analysis:
• Conduct thorough analyses of inventory data, including stock levels, turnover rates, and demand patterns, to ensure accurate insights into the company’s inventory health.
• Regularly review and update inventory records to reflect accurate quantities and locations, addressing discrepancies promptly.
• Use advanced analytical tools and software to identify trends and anomalies in inventory data, enabling proactive decision-making.
• Demand Forecasting:
• Collaborate closely with sales, marketing, and product teams to gather market intelligence and customer demand information.
• Continuously refine forecasting models (in collaboration with Purchasing department) to enhance accuracy and adapt to changing market conditions.
• Inventory Optimization:
• Determine optimal inventory levels for each product category, balancing the need for product availability with cost containment.
• Monitor inventory turnover rates and take proactive steps to reduce slow-moving or obsolete stock.
• Inventory Accuracy:
• Review and approve routine cycle counting and physical inventory processes to maintain a high degree of accuracy.
• Investigate discrepancies in inventory records, conducting root cause analysis to identify the source of errors.
• Reporting:
• Generate comprehensive reports and dashboards that provide key insights into inventory performance, highlighting areas of concern and opportunities for improvement.
• Communicate findings to relevant stakeholders, translating complex data into actionable recommendations.
• Continuous Improvement:
• Work collaboratively with cross-functional teams to implement process improvements and cost-saving initiatives.
• Stay current with industry best practices and emerging technologies in inventory management and supply chain operations.
• Compliance:
• Ensure that all inventory management practices and procedures adhere to company policies and relevant industry regulations.
• Collaborate with the compliance and legal teams to address any regulatory or compliance issues related to inventory.

What you will bring to the team:

• Bachelor’s degree in supply chain management or business related field (or equivalent experience).
• Proven experience in inventory control and management.
• Exceptional verbal and interpersonal skills allowing you to work seamlessly with all stake holders.
• A proven track record of developing and executing comprehensive reports along side strong analytical skills and the ability to interpret data while making informed decisions.
• Relentlessly challenges the status quo to ensure new ideas are explored while influencing cross-functional teams to drive change.
• Keen self-awareness and alignment with a workplace culture that is built on humanistic values and continuous improvement.
• Knowledge of Microsoft Dynamics is an asset.
• Bilingual French/English (verbal and written) is an asset.

• Adept and interested in understanding business needs and working to achieve the company’s goals.
• Self-starter with strong problem solving skills who can perform in a fast-paced and dynamic environment.
• Effective in managing priorities and working time.

Our parent company, the Würth Group is a family-owned globally operating sales organization with over 82,000 employees in 80 countries. Our Wurth sales team caters to clients from a range of different industries such as Automotive- dealerships, garages, and body shops, Cargo – heavy-duty equipment (farming/agriculture, trucking, construction leasing) municipalities, Metal – fabrication, welding, HVAC/plumbing, manufacturing, etc., Construction – General Contractors, and On-Site).

Würth Canada is an equal employer and encourages/promotes a diverse workforce. All applicants will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, family status, national origin, or disability status. Please contact a member of the HR team if accommodation is required during any point of the recruitment process.

We encourage you to apply even if you do not meet all requirements. Wurth Canada is looking for individuals that are driven to grow themselves and we provide the necessary training to be successful within the industry. We value career development and growth. However, a strong cultural fit is necessary!

Click Here to Apply

Source: