Inventory Control SpecialistMagna International Inc. • Markham, York Region, CA

Inventory Control Specialist

Magna International Inc. • Markham, York Region, CA

1 day ago

Job type

Permanent

Job description

Job descriptions may display in multiple languages based on your language selection.

What we offer :

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.## ## ##

Group Summary :

Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Electronics, and we do it by creating world-class Electronic systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex Electronic systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Electronics.

Job Responsibilities :

Role Summary

The Inventory Control Specialist is responsible for managing material and finished goods inventories to ensure optimal levels that align with the company’s operational and financial goals. This role oversees inventory planning and forecasting, ensures inventory accuracy, analyzes and mitigates inventory risks, and drives continuous improvement initiatives to optimize costs and enhance business performance.

Key Responsibilities

Collaborate with Finance to forecast inventory levels and turnover rates, ensuring alignment with financial targets.

Develop, implement, and maintain inventory control procedures to achieve divisional inventory and turnover goals.

Monitor and ensure the accuracy of material and finished goods inventory records.

Analyze and manage risk inventory categories (slow-moving, aged, last-time-buy, LTSA, obsolescence, customer-specific safety stock, and bank builds) to align them with forecasted requirements.

Manage safety stock strategy, including forecasting, planning, monitoring, and adjustment, in collaboration with material planners, finished goods planners, and the SIOP Manager.

Partner with planning teams to identify and resolve inventory risks effectively.

Partner with material planners and 3rd-party consignment warehouse team to manage aging and pull-in of consignment warehouse material inventory, ensure correct consignment material age level and timely disposition.

Develop and maintain data tracking, analysis, and reporting systems to support inventory control initiatives.

Identify and address inventory discrepancies through continuous data monitoring, root cause analysis, and corrective action planning.

Lead regular cycle count programs in coordination with warehouse and planning teams to ensure accurate inventory records.

Manage semi-annual plant-wide physical inventories, perform variance analyses, and drive timely resolution of discrepancies.

Support continuous improvement by reviewing and enhancing inventory processes to strengthen accuracy, forecasting performance, and turnover efficiency.

Key Qualifications / Requirements

Education

Bachelor’s degree in Business, Engineering, Supply Chain Management, Logistics, or a related field; a college diploma will also be considered.

APICS certifications (CPIM, CSCP, or CLTD) are considered an asset.

Experience

Minimum of three years of experience in manufacturing, material planning, or logistics.

Strong analytical and problem-solving skills with attention to detail.

Proficiency in Microsoft Office applications (Excel, Word, PowerPoint).

Experience with MRP / ERP systems (SAP preferred).

Experience using data visualization or analytics tools such as Power BI.

Strong organizational and communication skills, with the ability to work cross-functionally.

Ability to work under pressure and meet job objectives in a fast-paced environment.

Previous experience in the automotive manufacturing industry is an asset.

Salary Range :

$67,645 - 73,703##

Awareness, Unity, Empowerment :

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.

Worker Type :

Regular / Permanent

Group :

Magna Electronics

#J-18808-Ljbffr

Create a job alert for this search

Inventory Specialist • Markham, York Region, CA

Similar jobs

Quality Control Inspector - Amico Corporation

Amico • Richmond Hill, ON, Canada

Full-time

Due to our rapid expansion and global demand, Amico Corporation is looking for dynamic and energetic individuals who can excel in a fast paced environment. Amico Corporation is a leading manufacture...Show more

Last updated: 30+ days ago • Promoted

Inventory Control Operator

The Mullings Group • Toronto, Canada

Full-time

The Mullings Group has been retained by a national commercial property management company to assist in their search for a skilled and proactive. Mississauga, with the flexibility to support addition...Show more

Last updated: 1 day ago • Promoted

Inventory Manager

Gee Beauty • Toronto, Canada

Full-time

Toronto | In-Office | Full-Time (Monday–Friday).Inventory Operations & Strategy Own end-to-end inventory management across categories Build and maintain inventory strategies aligned with sales goal...Show more

Last updated: 1 day ago • Promoted

Experienced 3PL Logistics Inventory Coordinator

ABL Careers • Toronto, ON, Canada

Full-time

Experienced Logistics Inventory Clerk Position Available In Etobicoke! We are looking for an new team member with Established Experience in Warehouse Logistics Inventory Control! This is a Full Tim...Show more

Last updated: 30+ days ago • Promoted

Trade Compliance Specialist

Uniqlo Canada • Toronto, ON, Canada

Full-time

Shape the Future of LifeWear in Canada.At UNIQLO Canada, we don’t just sell clothes - we innovate essential styles for everyday life. As a global leader in high-quality, affordable apparel, we...Show more

Last updated: 30+ days ago • Promoted

Inventory Implant Specialist

University Health Network • Toronto

Full-time

UHN is Canada’s #1 hospital and the world’s #1 publicly funded hospital.With 10 sites and more than 44,000 TeamUHN members, UHN consists of Toronto General Hospital, Toronto Western Hospital, Princ...Show more

Last updated: 1 day ago • Promoted

Inventory & Logistics Specialist

Toronto Hydro • Toronto

Full-time

A Toronto-based utility provider seeks a Logistics Handler responsible for effective inventory management and distribution of materials. You will operate material handling equipment and coordinate d...Show more

Last updated: 22 days ago • Promoted

Vehicle Inspection Specialist

OPENLANE • Toronto, ON, Canada

Full-time

At OPENLANE we make wholesale easy so our customers can be more successful.Medical, dental, and vision benefits with employer HSA contributions (US) and FSA options (US). Immediately vested 401K (US...Show more

Last updated: 4 hours ago • Promoted • New!

Yard Inventory Specialist

Copart, Inc. • Toronto

Full-time

Yard Inventory Specialist page is loaded## Yard Inventory Specialistlocations : Toronto, ONtime type : Full timeposted on : Posted Todayjob requisition id : JR105856Copart, Inc.Copart links veh...Show more

Last updated: 22 days ago • Promoted

Quality Control Inspector

Armstrong Fluid Technology • Toronto, ON, Canada

Full-time

Imagine working at the forefront of innovation in fluid-flow technology, with over 1400 colleagues across the globe, and contributing to a legacy of excellence that spans eight manufacturing facili...Show more

Last updated: 30+ days ago • Promoted

Import Specialist

WORLD JAGUAR LOGISTICS (CANADA) INC. • Toronto, ON, Canada

Full-time

COORDINATION OF SHIPMENTS (OCEAN, AIR & CROSS BORDER) FROM ENTRY INTO CANADA TO CLIENT DOOR.REQUIRES : FUNCTIONAL UNDERSTANDING OF WHOLE PROCESS OF IMPORTS, DOCUMENTATION EXPERIENCE & WORKIN...Show more

Last updated: 28 days ago • Promoted

Field based - Protection and Control Commissioning Tech / Specialist / Engineer

Phasor Engineering Inc • Toronto, ON, Canada

Full-time

Alberta based company specializing in engineering, design, and testing / commissioning of medium to high voltage electrical facilities. Focused on providing the most cost-effective and efficient sol...Show more

Last updated: 30+ days ago • Promoted

Project Control Specialist

FLINT Corp. • Toronto, Canada

Full-time

FLINT is a leading service provider in Canada’s energy and industrial markets offering full asset life cycle support, including construction, maintenance, fabrication, and environmental services.Co...Show more

Last updated: 16 days ago • Promoted

Strategic Logistics & Inventory Optimizer

Warwyck Foods LTD. • Toronto

Full-time

An established industry player is looking for a dedicated Logistics Coordinator to optimize transportation and storage of commodities. This role involves planning logistics operations, ensuring comp...Show more

Last updated: 22 days ago • Promoted

Inventory & Logistics Specialist — Smooth Production Ops

Julepower • Toronto

Full-time

A manufacturing company in Toronto is seeking an Inventory & Logistics Associate to support operations through effective inventory management and logistics coordination. The ideal candidate will hav...Show more

Last updated: 1 day ago • Promoted

Inventory Coordinator - Materials Management, FTT (J1125-0388)

North York General Hospital • Toronto

Full-time +1

Inventory Coordinator - Materials Management, FTT (J1125-0388).Inventory Coordinator - Materials Management, FTT (J1125-0388). North York General is one of Canada’s leading community academic hospit...Show more

Last updated: 22 days ago • Promoted

Materials Planner & Inventory Controller

Mondelez International • Toronto

Full-time

A global snacking company is seeking a Material Coordinator in Toronto, Ontario.In this role, you will manage process orders and ensure an uninterrupted supply of raw and bulk materials for product...Show more

Last updated: 1 day ago • Promoted

Inventory Associate

WIS International • Toronto

Full-time

We are looking for an Inventory Associate to work at WIS International.You’ll enjoy flexible, non‑traditional hours and early productivity‑based wage increases – up to $4.Competitive Pay – The posi...Show more

Last updated: 1 day ago • Promoted