Inventory Associate

Position: Inventory Associate

This position is responsible for inventory control and inventory management. These activities include maintaining an inventory database, inventory cycle counts, solving inventory discrepancies, and assisting with/organizing physical inventories.

Responsibilities

• Develop and implement procedures, systems, and best practices with regard to inventory management.
• Responsible for overall inventory management, accuracy, and reconciliation in inventory database by tracking and addressing discrepancies between physical and system counts.

• Analyze and monitor daily, weekly, and monthly inventory levels, as required.

• Count all finished goods and packaging in warehouses on a cycle count, and reconcile them against the inventory database.

• Build & maintain internal data tracking tools using Excel and inventory management database (Dynamics 365).

• Create and update templates and summaries with production team input and maintain dashboards to interpret data from production processes.

• Identify gaps in inventory control and build solution-based models with available information.

• Assist in designing processes and systems for new products.

• Create and train staff on cycle count procedures for inventory management.

• Assist processing and packaging teams in the management and usage of inventory software.

• Daily audits of employee data entry on tracking tools against system/count data. Enter audited data into summary databases.

• Daily review of processing and packaging events/records to ensure accurate data logging and acceptable variances.

• Report discrepancies and assist in root cause investigations.

• Maintain and change existing databases based on manufacturing or management decisions
• Support general maintenance of the inventory system to ensure all required fields are filled in correctly and communicate required action.

• Create consolidated inventory reports and inventory forecasts on a regular basis.

• Assist in month-end inventory counts (preparation and execution).

• Assist in month-end inventory reconciliation for financial, Health Canada, and CRA reporting.

• Perform weekly cycle count reports for Raw material, packaging components, and finished goods

Qualifications

• Bachelor’s Degree or Diploma in a related field
• 2+ years of experience in scheduling, purchasing, and material planning in a multi-site, growth-oriented organization
• Proficient in Microsoft Excel.

• Strong analytical skills with the ability to analyze data, problem solve and make recommendations.

• Hands-on experience with physical inventory management, software, and databases.

• Detail-oriented, ability to multi-task and prioritize tasks with strict deadlines.

• Previous experience in the Cannabis Industry is an asset