Entry-Level Inventory Analyst in Toronto, Ontario Salary (Canada)

An Entry-Level Inventory Analyst in Toronto, Ontario earns an average salary of C$40,971 per year. A skill in Inventory Control is associated with high pay for this job.

C$34,943 - C$58,134
C$35K
C$45K
C$58K
MEDIAN: C$45,061
10%
50%
90%
C$0C$58K
Salary C$34,943 - C$58,134
Bonus C$0.00 - C$5,960
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$33,941 - C$57,758
  • Country: Canada
  • Currency: CAD
  • Updated: 17 Jan 2018
  • Individuals Reporting: 33

Job Description for Inventory Analyst

An inventory analyst is responsible for handling the challenges posed by managing an inventory. A wide set of skills is necessary for this position. First and foremost the analyst must have exceptional technical knowledge. Armed with customer purchasing habits for stores and regions, the inventory analyst uses statistical analyses to determine the proper inventory levels for stores. Once an appropriate inventory level is determined, the analyst must set orders into motion and ensure that the inventory levels are consistently met. Additionally, the inventory analyst must use exceptional communication skills to effectively work with everyone who contributes to inventory shipment. The inventory analyst must order inventory from the company's suppliers and then work with suppliers to track the shipments. If shipping issues arise, the inventory analyst must work with the suppliers to appropriately resolve the situation.

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Inventory Analyst Tasks

  • Anticipate potential backorder cases and work closely with suppliers and management to find other sources or expedite the product.
  • Execute purchasing and order placement.
  • Maintain online systems accurately reflect order and supplier information.
  • Develop and implement solutions to improve inventory turnover and dealer replenishment.
  • Manage inventory, delivery dates and fill rates for assigned suppliers.

Inventory Analyst Job Listings

Key Stats for Inventory Analyst

Gender

Female
20 %
Male
80 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
Less than 1 year
11%
1-4 years
84%
5-9 years
5%

Skills That Affect Inventory Analyst Salaries

Inventory Control
▲5%

National Average
C$45,000

Data Analysis
▼5%

Inventory Management
▼5%

Microsoft Excel
▼15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.

Gender

Female
20 %
Male
80 %

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 75%
vision benefits
Vision: 61%
no benefits
None: 25%