Job Summary Reporting to the Director of Parts and Warehouse – Eastern Canada, the Inventory Specialist optimizes parts inventory management across the Toromont Material Handling branch network. Key Responsibilities Analyze, optimize, and maintain appropriate inventory levels to improve stock turnover and customer service levels. Define and recommend inventory management strategies to enhance the effectiveness of the distribution network. Reduce inventory obsolescence through elimination, redistribution, or rationalization of stock across branches. Review and process quarterly or semi-annual excess inventory returns to suppliers, ensuring accuracy of customer and supplier records. Process replenishment orders with suppliers based on network requirements. Manage daily customer emergency orders by sourcing from suppliers or leveraging internal stock. Provide estimated delivery dates (ETAs) for delayed orders and recommend alternative sourcing solutions when required. Work closely with Accounts Payable and Accounts Receivable teams. Support, advise, and influence branches in the management of parts operations and inventory. Develop and implement parts inventory strategies during New Product Introductions (NPI). Act as a point of reference for inventory planning best practices. Maintain accurate parts pricing in the company operating system. Apply statistical inventory planning methods (lot sizing, reorder points, safety stock levels, etc.) to support decision-making. Qualifications Bachelor’s degree in Operations Engineering (Industrial Engineering) or equivalent or College diploma or relevant post‑secondary education combined with 5 years of experience in heavy equipment parts management or related fields. Significant experience in parts management, supply chain operations, purchasing, or inventory control. Strong proficiency in Microsoft Office, with advanced skills in Microsoft Excel (essential). Solid understanding of statistical inventory planning methodologies. Demonstrated ability to manage multiple priorities in a fast‑paced, high‑pressure environment. High level of accuracy, organization, and attention to detail. Strong autonomy while remaining an effective contributor within cross‑functional teams. Excellent customer service skills, demonstrating professionalism, courtesy, and respect in interactions with internal and external customers and partners. Employment Type Full Time, Permanent Compensation Salary: $53,125.00 - $66,407.00. Benefits Working within one of the safest organizations in the industry where your safety and well-being are our most important priority. Working for the best in class equipment dealer and with the premium Caterpillar brand. Opportunities to continuously Learn, Grow and Develop with our Toromont team through our internal Training teams that are geared for your success. Competitive total rewards including wages, benefits, and premiums (as eligible). An opportunity for flexible work schedules and opportunities across multiple locations across Eastern Canada. Please note that our hiring processes involve the use of artificial intelligence (AI) tools to assist with screening, assessing, or selecting candidates; all final decisions are reviewed by our Talent Acquisition team to ensure fairness and compliance with applicable laws. #J-18808-Ljbffr
Parts Inventory Specialist
TOROMONT MATERIAL HANDLING/ MANUTENTION TOROMONT
vaughan, vaughan
Published 19 days ago
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