AccessHR is excited to partner with TransCanada Turbines for the recruitment of a full-time, permanent Inventory Analyst. This is a newly created role, and the successful candidate will work out of the Airdrie location.

 

Position Summary

 

The Inventory Analyst will join a tenured and collaborative 8-member Production Support Team. Initially reporting to the Director, Production Support, you will also bring expertise in support of the multi-million-dollar annual procurement spend.

 

This newly created role collaborates with operations and procurement to deliver detailed inventory analysis, real-time reporting, and forecasts to senior leadership. You will analyze trends, monitor external factors, develop processes, and leverage tools to optimize forecasts, resolve issues, and support Health and Safety initiatives.

 

You will use the data to tell the story enabling the organization to accurately forecast demand, optimize stock levels, and coordinate supply chain efforts. Your efforts will ensure quality and compliance standards are met, costs are controlled, and risks associated with obsolete or slow-moving parts are identified and mitigated.

 

An in-depth understanding of complex technical operations, particularly in environments with long lead times and licensing agreements, is key to success.

 

Ultimately, we are seeking a thoughtful, meticulous, and respectful professional who listens carefully, takes an inquiry-based approach, and knows how to successfully collaborate across a very diverse group of internal departments. This is not an organization that values fiefdoms. We value old-fashioned teamwork and respectful collaboration where organizational success and individual development are the main measuring sticks. 

 

Key Deliverables

• Inventory Analysis and Optimization: Analyze component usage trends, recommend strategies to optimize inventory levels, and manage slow-moving or excess inventory.

• Demand Forecasting and Planning: Develop and maintain accurate demand forecasts using historical data, market trends, and sales projections; collaborate with operations and sales teams to review forecasts, update inventory requirements, and maintain accurate min/max and reorder point settings.

• Reporting and Risk Management: Report inventory holdings and movements to senior management, highlighting risks and concerns for proactive decision-making.

• Data Analysis and Modeling: Build and refine inventory models for each engine type and customer, creating tools and processes to track inventory metrics; generate detailed reports and provide actionable insights.

• Stakeholder Engagement and Collaboration: Engage with OEM supply chain representatives and participate in provisioning conferences to address supply concerns and industry changes.

• System Optimization and Accuracy: Maintain and update inventory management systems, implement improvements, and troubleshoot discrepancies or inefficiencies; conduct regular audits.

• Continuous Improvement and Problem-Solving: Identify and action opportunities for process improvements; resolve stock or supplier-related issues and implement best practices and initiatives.

• Health, Safety, and Environment (HSE): Promote and take ownership of HSE initiatives, demonstrating support and commitment to workplace safety and compliance.

 Qualifications

• Business Acumen and Learning Agility: Demonstrated capacity and enthusiasm to learn quickly and adapt to specific business needs and operations.

• Forecasting and Statistical Knowledge: Ability to apply statistical methods and forecasting techniques to predict future inventory needs and improve demand planning.

• Advanced Excel and Analytical Tools: Expertise in Excel including PivotTables, VLOOKUP, and data visualization; experience with inventory management software and/or enterprise resource planning (ERP) systems to manipulate and analyze data efficiently.

• Attention to Detail: A data geek! Outstanding level of accuracy in handling inventory data, ensuring reports and forecasts are precise.

• Reporting and Communication: Capable of presenting data and inventory insights clearly and concisely to senior management and stakeholders.

• Active Listener: Asks “tell me more” and “help me understand” questions to build full comprehension before offering solutions.

• Personal Attributes: Accountable, collaborative, resilient, and a genuine interest in learning the business.

Education & Experience

• Bachelor’s degree in human resources or related field or equivalent Post-secondary degree or diploma in finance, accounting, supply chain management, or equivalent experience.

• 6+ years’ experience in a supply chain/inventory analyst role in a similar industry and/or manufacturing environment.

Assets

• Certified in Planning and Inventory Management (CPIM) or comparable designation.

• Experience with NetSuite ERP system and/or building reports in Power BI.

• Expertise and/or experience with international operations.