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Inventory Analyst (Contract)
Job summary
A leading medical technology company in Hamilton is seeking an Inventory Analyst for a 16-month contract. The ideal candidate will have a Bachelor’s degree in supply chain management and at least 2 years of relevant experience. In this role, you will drive data-driven inventory decisions, collaborate with cross-functional teams, and contribute to continuous improvement initiatives. Proficiency in Excel is required, with a preference for experience with Power BI.
Qualifications
- 2 years of experience in supply chain management, finance, business management or other related fields.
- Demonstrated ability to analyze inventory health and performance metrics.
Responsibilities
- Build and maintain advanced inventory forecasting models.
- Perform detailed analysis of inventory health.
- Model inventory adjustments to optimize working capital.
Skills
Education
Tools
The Inventory Analyst (16-month contract) plays a key role in driving strategic, data-driven inventory decisions that support Stryker Canada’s operational goals. This role is responsible for forecasting long-term inventory targets, managing adjustments, and reducing excess or obsolete stock. By analyzing inventory health and performance metrics, you’ll identify risks, uncover opportunities, and optimize working capital. The ideal candidate has strong analytical skills, solid financial acumen, and the ability to collaborate across functions. You’ll contribute to continuous improvement initiatives and help enhance efficiency in a fast-paced, dynamic environment.
Build and maintain advanced inventory forecasting models to project long-term targets and identify potential imbalances.
Perform detailed analysis of inventory health, including turns, aging, and E&O risk, using statistical and financial metrics.
Model and recommend inventory adjustments to optimize working capital and reduce excess and obsolescence exposure.
Leverage data visualization and analytics tools to develop reporting dashboards and actionable insights for leadership.
Collaborate with IBP, demand planning, and supply chain teams to align forecasts and scenario planning with business needs.
Monitor and analyze KPIs to track inventory performance, identifying trends and root causes of variance.
Develop and refine data-driven processes to improve forecasting accuracy and inventory visibility.
Lead continuous improvement initiatives focused on automation, predictive analytics, and advanced reporting capabilities.
Bachelor’s degree in supply chain management or a related field
2 years of experience in supply chain management, finance, business management or other related fields
Proficiency Excel
Experience with Power BI
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.