Inventory Control Coordinator

Norwell Dairy Systems Job Title: Inventory Control Coordinator Location Ontario Drayton/Stratford Reports to: Supply Chain Manager Type of position: Full-time Purpose Of Role The Inventory Control Coordinator of Norwell Dairy Systems (Norwell) plays a crucial role in the oversight and management of the Company’s inventory and multiple warehouse units, contributing to the profitability of Norwell and elevating peer and customer experiences. The Inventory Control Coordinator will be responsible for optimizing inventory levels, improving inventory movement processes and practices, and validation of inventory amounts and locations. The Inventory Control Coordinator will be responsible for: 1) Inventory control and management 2) Stock audits and reconciliation 3) Inventory analysis and reporting 4) Cost control related to inventory carrying 5) Collaboration and coordination of activities 6) Technology utilization and inventory system(s) 7) Process management and continuous improvement At CG Wellington our vision is to continually grow – ourselves, our peers, and our world. With that, the Norwell Inventory Control Coordinator will serve as a change agent for both Norwell AND CG Wellington’s initiatives and projects, providing support, direction and leadership within the Company and across the organization. Key responsibilities And Accountabilities - Inventory Control and Management: - Understand methodology and application of item set up in Business Central (BC), including maintenance of items. - Tracking, reconciling, documenting and reporting of all inventory items in multiple locations. - Maintain accurate inventory records, investigating variances and anomalies, and present appropriate recommendations and solutions. - Ensure stock levels are adequate to meet demand without overstocking, utilizing reorder points. Validate Min/Max levels and enforce use. - Develop inventory tracking procedures to optimize inventory control procedures. - Determine appropriate inventory levels. Stock Audits and Reconciliation - Understand methodology and application of cycle counts with multiple warehouse sites. - Coordinate timely cycle and annual inventory counts to ensure accuracy of records. - Reconcile discrepancies between physical counts and inventory records. - Implement corrective actions to prevent future discrepancies. - Inventory Analysis and Reporting - Report on inventory activities and variances to all business levels, including senior management, on a prescribed frequency. - Analyze inventory data to identify trends and make recommendations for improvement. - Use data to forecast future inventory needs through sales analytics (trends, conditions, future orders) and plan accordingly. - Develop relevant KPI’s (Key Performance Indicators) for inventory management. - Cost Control - Measure and track the carrying costs of inventory, understand the financial implications of carrying cumbersome levels, and proactively work to minimize expenses. - Identify opportunities for cost savings through efficient inventory management practices. - Collaboration and Coordination - Build peer-to-peer relationships, working closely to ensure their inventory needs are met. - Collaborate and provide direction to streamline inventory movements and storage processes. - Collaborate with peers within the organization for all inventory related interests, including issues, processes and initiatives - Effectively and efficiently communicate inventory levels and potential issues with relevant stakeholders. - Coordinate with the purchasing and logistics teams to support optimization within the supply chain. - Support inventory-related projects, ensuring timely completion and alignment with business objectives ensuring cross functional collaboration with multiple business units. - Technology Utilization and Systems Management - Implement and manage inventory management software and tools. - Stay updated on new technologies and methods for inv…

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