Inventory Analyst

Methanex Corporation; Medicine Hat; On-site; CAD 60,000 - 80,000; Full time

Job summary

A global industry leader in Medicine Hat is seeking an Inventory Analyst. This role focuses on optimizing inventory performance and requires strong analytical skills, along with a CIPS designation. The ideal candidate should have 5-6 years of experience in procurement or accounting, including time spent in inventory management within the petrochemical sector. Join a team that values integrity and professionalism and offers competitive benefits.

Benefits

Industry-competitive salary

Benefits

Support for educational initiatives

Qualifications

• Minimum 5-6 years of experience in procurement or accounting.
• At least 2 years in warehousing, inventory, or related role.
• Valid forklift/lift truck operator safety certification.

Responsibilities

• Optimize inventory performance by ensuring accuracy and efficiency.
• Maintain optimal stock levels and analyze inventory.
• Collaborate with teams to forecast inventory needs.

Skills

Strong written and verbal communication skills

Analytical skills

Detail-oriented

Ability to understand organizational interdependencies

Education

Post-secondary education in Business or Engineering

Chartered Institute of Procurement & Supply (CIPS) designation

Tools

Maximo or other CMMS

Microsoft Excel

Job description

Overview

Leverage your analytical expertise in a dynamic and impactful role. Collaborate with a skilled team to drive innovation and efficiency. Enjoy competitive compensation and benefits with a global industry leader.

About the Organization

Methanex is the world's largest supplier of methanol to major international markets in North America, Asia-Pacific, Europe and Latin America. With the care of the environment as the root of their business, Methanex is a Responsible Care company committed to the safe, ethical and environmentally sound management of the chemicals it makes and uses. Responsible Care is an ethic established by the Chemical Industry Association of Canada (CIAC). The Responsible Care ethic is an integral part of Methanex’s global commitment to ensuring the well-being of all stakeholders, wherever Methanex does business.

About the Opportunity

Methanex is currently seeking an Inventory Analyst to join the team in Medicine Hat, AB, on a full-time basis.

The Inventory Analyst plays a key role in optimizing inventory performance by ensuring accuracy, integrity, and efficiency across all processes. This position is responsible for ongoing monitoring, analysis, and recommendations to maintain optimal stocking levels, collaborating closely with supervisors and stakeholders to meet financial, safety, and environmental objectives. By applying best practices, leveraging software tools, and using advanced analytical techniques, the Inventory Analyst supports material availability, drives cost savings, enhances reliability, and contributes to overall operational excellence.

More specifically, your responsibilities will include:

• Maintain optimal stock levels through proactive replenishment, trend analysis, and use of Spares Optimization Software (SOS) to ensure material availability and cost savings
• Analyze and categorize inventory using ABC analysis, criticality, and priority levels to support reliability and risk management
• Plan and execute inventory counts, resolve discrepancies, and manage obsolescence programs to minimize business risk
• Maintain an accurate and reliable inventory database, ensuring alignment with best practices, audits, and financial reconciliation requirements
• Collaborate with supervisors, maintenance, and planners to forecast inventory needs for daily operations, projects, and turnarounds
• Partner with vendors on consignment agreements, obsolescence reviews, and strategic stocking arrangements to optimize inventory levels
• Monitor incoming/outgoing stock, shipments, and stock loans, ensuring accurate documentation and timely resolution of discrepancies
• Support compliance with quality control standards, safety requirements, and regulatory codes, including Alberta Boiler and Pressure Code and PEIM responsibilities
• Lead investigations into data abnormalities and incidents, implementing corrective and preventive actions while fostering continuous improvement
• Provide timely reports on inventory performance, stock movement, and cost indicators to support decision-making and financial reporting
• Ensure warehouse operations are safe, clean, and efficient, while overseeing tool management, equipment tracking, and vendor compliance on site
• Promote Responsible Care principles, business ethics, and legislative compliance, while fostering collaboration and continuous improvement across teams

About You

To qualify, you will need a Chartered Institute of Procurement & Supply (CIPS) designation and a minimum of 5-6 years of experience in procurement or accounting, including at least 2 years in warehousing, inventory, or a related role within the petrochemical sector.

Additionally, the following skills and background will be highly valued:

• Post-secondary education in Business or Engineering
• Journeyperson Parts Technician Ticket
• Valid forklift/lift truck operator safety certification
• Workplace Hazardous Materials Information training
• Proficiency with Maximo or other Computerized Maintenance Management Systems (CMMS), with the ability to generate reports and analyze data
• Advanced proficiency in Microsoft Excel, including data analysis, reporting, and modeling
• Formal training in Inventory Management
• Physical ability to safely lift up to 30 lbs

As our ideal candidate, you will bring strong written and verbal communication skills and the ability to understand organizational interdependencies and how departmental decisions impact broader company operations. You are also detail-oriented, analytical, and comfortable working with policies and procedures, with the ability to quickly learn and apply company-specific guidelines.

This is an excellent opportunity for a technically skilled and process-driven professional to make a meaningful impact by optimizing inventory management, ensuring material availability, and contributing to the overall efficiency and reliability of operations.

About the Benefits

Building on our core values of integrity, trust, respect, and professionalism, our corporate culture encourages communication and teamwork and rewards employees for creativity and innovation.

We are also very active in supporting educational and training/development initiatives. We sponsor scholarships and co-op programs at local colleges and universities as well as hands-on training programs at our manufacturing facilities.

In exchange for your hard work and dedication, you can expect an industry-competitive salary, along with benefits.

Join this thriving and team-focused market leader today and expand your experience with a new challenge - Apply Now!

To apply, please complete the online application form. Once you have answered the questions, please click NEXT and you will be instructed to attach your resume on the following page. Please submit your resume and cover letter as a single document. Expressions of interest must be submitted by 4 p.m. on October 3, 2025.