Inventory Buyer Analyst

100% on-site, reporting to the designated office The Inventory Buyer Analyst is key to ensure competitive sourcing practices and inventory optimization. Job Responsibilities Establish cost effective supplier agreements through conducting market approaches (RFI’s Bids, RFP’s, RFQ’s and Tenders), conducting commercial analysis, developing recommendations, negotiating agreements and supplier agreement implementations in the business. Resolve supplier performance issues on price, timely delivery and quality of delivery.

Monitor supplier price compliance and contract leakage to ensure best value for the business. Review, validate, and process purchase requisitions to ensure accuracy, appropriate sourcing, pricing, delivery requirements, and compliance with established contracts and purchasing policies. Source and purchase materials and services by requesting quotations, supporting competitive bidding, and selecting cost-effective solutions that meet operational requirements.

Administer assigned purchasing programs and shared service contracts, including procurement card administration, contract tracking, and monitoring adherence to corporate purchasing policies. Optimize inventory investment through demand forecasting, maintaining minimum and maximum stock settings, monitoring supplier lead performance, and proactive management of excess, obsolete & distressed inventories. Monitor supplier delivery performance and inventory availability by initiating replenishment, tracking open orders, and expediting as needed to minimize service disruptions.

Maintain purchasing and inventory systems and tools, including user access, supplier catalogues, and procurement card programs, to support efficient and compliant purchasing processes. Collaborate with internal stakeholders to resolve purchasing or inventory issues, improve processes, and support continuous improvement initiatives. Job Requirements Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.

Procurement or Supply Designation or certificates would be considered an asset. 5 years of experience in purchasing, inventory management, or supply chain operations. Strong analytical skills with experience in data-driven decision-making. Proficiency in supply chain systems and tools (e.g., ERP, procurement platforms).

Advanced knowledge of Microsoft Excel Excellent communication and collaboration skills. Knowledge of contract management and compliance practices. Experience with procurement card programs and shared service models is an asset. #J-18808-Ljbffr