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Inventory Analyst (Contract)

Stryker15 days ago
Hamilton, ON
Mid Level
full_time

About the role

Work Flexibility: Hybrid

What you will do

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.

What you need

Required Qualifications

  • 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

Preferred Qualifications

  • Experience with Power BI

Travel Percentage: 10%

About Stryker

Medical Equipment Manufacturing
10,000+

Stryker is a global leader in medical technologies and, together with our customers, we are driven to make healthcare better. We offer innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. More information is available at stryker.com and careers.stryker.com.

Facts: ● 2023 Sales: $20.5 billion ● Industry: Medical Instruments & Supplies ● Employees: 52,000 worldwide ● 40 years of sales growth leading up to 2020 ● 44+ Manufacturing and R&D Locations Worldwide ● $1.4 billion spent on research and development in 2023 ● ~12,900 patents owned globally in 2023 ● Products sold in ~75 countries ● Fortune 500 Company ● 7 consecutive years as one of Fortune's World's Best Workplaces

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