Inventory Manager

Jacobs & Thompson Inc; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A manufacturing company in Toronto is seeking an experienced Inventory Manager to oversee inventory control operations. The ideal candidate will be responsible for ensuring accurate inventory records and optimizing inventory flow. This role requires strong knowledge of supply chain logistics, with 3+ years of experience in inventory management. A Bachelor's degree in a related field is essential. The company offers a dynamic work environment focused on efficiency and compliance.

Qualifications

• 3+ years of experience in inventory management in a manufacturing or production environment.
• Familiarity with lean manufacturing methodologies.
• Ability to work independently and collaboratively in a fast-paced environment.

Responsibilities

• Monitor and manage inventory levels for production and distribution.
• Develop and implement inventory control procedures.
• Coordinate with procurement and production teams for material availability.

Skills

Strong analytical skills

Organizational skills

Communication skills

Attention to detail

Education

Bachelor’s degree in Supply Chain Management or related field

Tools

ERP or inventory management software

Job description

We are seeking an experienced and detail-oriented Inventory Manager to oversee and manage inventory control operations for our manufacturing facility. The ideal candidate will be responsible for ensuring accurate inventory records, efficient inventory flow, and alignment with production and procurement schedules. This role requires a strong understanding of supply chain logistics, inventory systems, and demand forecasting within a fast-paced manufacturing environment. Key Responsibilities:

• Monitor and manage inventory levels to ensure optimal stock levels for production and distribution.
• Develop and implement inventory control procedures and best practices.
• Coordinate with procurement, production, and warehousing teams to ensure material availability.
• Maintain accurate inventory records using ERP or inventory management software.
• Conduct regular cycle counts and full physical inventories; reconcile any variances.
• Analyze inventory trends and identify opportunities for cost reduction and process improvement.
• Track and report key performance metrics related to purchasing, costs and inventory levels.
• Ensure compliance with safety standards, quality guidelines, and regulatory requirements.
• Generate reports on inventory status, forecast accuracy, and material usage.
• Manage obsolete, slow-moving, and excess inventory and develop strategies for disposition.
• Train and supervise inventory staff or warehouse personnel, if applicable.

Qualifications:

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
• 3+ years of experience in inventory management, preferably in a manufacturing or production environment.
• Strong working knowledge of inventory software.
• Familiarity with lean manufacturing, Just-in-Time (JIT), and other inventory optimization methodologies.
• Excellent analytical, organizational, and communication skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Strong attention to detail and commitment to accuracy.

Preferred Qualifications:

• Certification in inventory management or supply chain (e.g., CPIM, CSCP).
• Experience with automation tools and warehouse management systems (WMS).
• Background in data analysis or logistics planning.