Senior Inventory Manager
Ontario Medical SupplyOntario Medical Supply is a Leading Distributor of medical equipment, supplies, and services for healthcare organizations and home healthcare clients across Ontario. Specializing in long term care, assisted living, retirement and home health care. Ontario Medical Supply is partnered for success with Royal Drugs. Royal Drugs is a healthcare company providing specialty pharmacy, infusion therapy, and retail pharmacy services. Together, we work towards supporting optimal health outcomes and better quality of life. Come Join Our Team! Purpose: The Senior Inventory Manager provides enterprise-level leadership for inventory strategy, demand planning, inventory control and performance management across multiple distribution centers and lines of business. The role is accountable for balancing product availability, customer service, working capital, regulatory requirements and inventory risk across medical supplies, equipment and pharmaceutical portfolios. As a senior operational leader, this position translates complex inventory data into clear business decisions, establishes governance and control standards, develops team capability, and influences Purchasing, Operations, Sales, Finance, Customer Service, Quality and Information Technology to deliver sustainable inventory outcomes. Position: Senior Inventory Manager Location : Ontario Medical Supply. – Mississauga (2785 Skymark Ave, Mississauga, ON L4W 4Y3), No. of Positions: 1 ATR: #5190 Type: Full Time, Permanent Salary: $105,000 - $115,000/year This job posting is for an existing vacancy Job Responsibilities: Inventory Management & Governance Develop and execute the multi-year inventory strategy aligned with growth plans, customer commitments, service-level expectations and working-capital objectives. Establish enterprise inventory policies, governance routines, decision rights and escalation protocols across all distribution centers and business lines. Own inventory segmentation, ABC classification, safety-stock methodology, service-level parameters, replenishment settings and portfolio rationalization standards. Identify material inventory risks and opportunities, present options and trade-offs to senior leadership, and drive timely decisions. Sponsor initiatives that improve inventory turns, availability, cash utilization, space productivity and end-to-end supply-chain resilience. Inventory Control, Accuracy and Risk Provide senior-level ownership of inventory accuracy, cycle counting, physical inventory, reconciliation and root-cause corrective action programs. Ensure strong controls for lot, serial, expiry, quarantine, recall, cold-chain and regulated product requirements in partnership with Quality and operational stakeholders. Lead reduction strategies for excess, obsolete, short-dated, slow-moving and non-performing inventory, including supplier returns, transfers, substitutions and disposition plans. Ensure integrity of inventory master data, including costs, units of measure, lead times, order multiples, minimums and maximums, safety stock and stocking status. Conduct regular risk reviews for stockouts, backorders, supply disruption, product transitions and high-value or critical products. Demand Planning and Replenishment Leadership Lead the demand planning and inventory review cadence for all product categories, incorporating historical demand, seasonality, contracts, clinical criticality, promotions, new products and customer changes. Challenge forecast assumptions and resolve gaps with Sales, Operations, Finance, Purchasing and Customer Service. Drive measurable improvement in forecast accuracy and bias through segmentation, exception management and disciplined follow-up. Approve or recommend significant changes to stocking strategies, replenishment parameters and inventory investments based on risk, service and financial impact. Ensure business continuity plans are maintained for critical items and material supply constraints Analytics, Performance and Executive Rep…