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Inventory Analyst
Inventory AnalystMircom Group Of Companies • Vaughan, Ontario
Inventory Analyst

Inventory Analyst

Mircom Group Of Companies • Vaughan, Ontario
29 days ago
Job type
  • Full-time
  • Permanent
Job description

Summary:

The Inventory Analyst plays a critical role within this organizaton. They ensure the smooth, efficient, and accurate flow of materials across the manufacturing supply chain by managing daily inventory operations, analyzing material trends, and supporting production and procurement planning through precise stock control. The role drives efficient movement of components, sub-assemblies, and finished goods while minimizing shortages, excess, and obsolescence. It requires foundational supply chain and operations knowledge, plus 2–3 years of hands-on Microsoft Dynamics 365 (D365) manufacturing experience, and advanced Excel skills (PivotTables, Macros, VLOOKUP/XLOOKUP, and data cleaning) to interpret inventory data, validate system accuracy, and guide planning decisions. The position works closely with MRP logic, BOM structures, and manufacturing workflows to align material availability with production schedules, and relies on strong analytical/problem-solving skills, effective communication, cross-functional collaboration, attention to detail, and disciplined process execution. This is a full-time permanent role based out of our head office in Vaughan, ON.

Responsibilities:

  • Monitor inventory levels for raw materials, sub-assemblies, and finished goods to support production planning and procurement planning.
  • Analyze material consumption trends and forecast requirements to prevent shortages or overstocking.
  • Track slow‑moving, obsolete, and excess inventory; recommend actions to reduce excess inventory and obsolete inventory.
  • Perform root‑cause analysis of inventory variances and implement corrective actions to improve inventory accuracy.
  • Generate and maintain dashboards and reports using Excel and Power BI.
  • Support internal and external audits by providing accurate inventory data and documentation.
  • Improve inventory processes through data‑driven insights and continuous improvement initiatives.
  • Ensure compliance with company policies, quality standards, and safety procedures.
  • Maintain accurate inventory records in MS Dynamics 365, including item master data, BOM updates, and transaction accuracy.

Requirements and Skills:

  • Bachelor’s degree in Supply Chain Management, Operations Management, Accounting or related field.
  • 1–3 years of experience in inventory control/analysis or materials/production planning support in a manufacturing environment.
  • 2–3 years of hands-on experience with Microsoft Dynamics 365 for inventory transactions and master data (item master/BOM) maintenance is essential.
  • Experience with cycle counts/physical inventory and supporting internal/external audits (documentation and reconciliations).
  • Ability to monitor and control inventory (raw materials, sub-assemblies, finished goods) and forecast requirements to prevent stockouts/overstocking.
  • Knowledge of inventory planning concepts (safety stock, reorder points, lead times, min/max, inventory turns).
  • Understanding of BOM structures and the importance of item master/BOM accuracy.
  • Strong variance analysis, root-cause analysis, and corrective action (CAPA) skills to improve inventory accuracy.
  • Ability to identify and address slow-moving, excess, and obsolete (SLOB) inventory.
  • Advanced Excel skills (PivotTables, lookups, conditional formulas, data cleaning; macros a plus) and Power BI reporting/dashboard skills.
  • Strong data integrity, attention to detail, organization, and ability to prioritize in a fast-paced environment.
  • Effective written/verbal communication and cross-functional collaboration (production, procurement, planning, warehouse, quality, finance).
  • Working knowledge of quality standards, internal controls, and compliance requirements related to inventory.
  • Continuous improvement mindset (identify gaps, recommend and help implement process improvements).

What Mircom offers:

  • A great working environment
  • Competitive salary
  • Group Insurance benefits
  • Company RRSP program

We would like to thank all applicants for their interest in this position however only those selected for interviews will be contacted.

At Mircom Group of Companies, we take a thoughtful and balanced approach to compensation. Salary ranges reflect the starting point for each role, while final offers are determined through a holistic assessment of the candidate’s skills, experience, qualifications, potential contributions, internal equity, and prevailing market conditions following the selection process. In addition to competitive pay, Mircom offers a comprehensive total rewards package that includes robust benefits coverage and RRSP.

Mircom Group of Companies is an equal opportunity employer that considers all applicants regardless of cultural background, religion, marital status, sexual orientation, family status, disability or any other grounds as outlined in the Ontario Human Rights Code. In compliance with the Accessibility for Ontarians with Disabilities Act, Mircom is committed to providing a welcoming and inclusive work environment for all individuals with disabilities in a respectful and dignified manner. Accommodations will be made available, upon request, to applicants who have specialized needs throughout the recruitment process.

Disclaimer: Mircom does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other job postings. Any resume or other information received from a supplier not approved in advance by Mircom to provide resumes to this posting or web-site will be considered unsolicited

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Inventory Analyst • Vaughan, Ontario

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