CWD designs, markets & sells the highest performing consumer electronics that are smart, simple, and stylish. From high fidelity turntables to wireless video connectivity systems, we create innovative products that empower people. Our success is measured in our customer satisfaction ratings and dedicated following. We have been in business since 1961 and our creations can be found in millions of homes. Together in teams, as a company, as a community, we are committed to Creating What’s Different!

CWD is looking for an Inventory Analyst to join our exceptionally talented and collaborative team! This posting reflects an existing vacancy within our Niagara Falls location. Reporting to the Logistics Manager, the successful candidate will be responsible for managing inventory levels, analyzing trends, and developing plans to optimize stock and minimize waste. Additionally, they will be responsible for providing accurate and timely financial analysis to support decision making for the company.

If you are someone that likes a challenge and are continuously striving for excellence, then this is the perfect opportunity for you!

This is a full-time permanent role working 40 hours a week on-site. Our hours of operation are 8:15am to 5:00pm Monday to Friday.

Key Responsibilities:
Inventory Management

Utilize historical data, market trends, and sales projections to forecast inventory levels accurately
Monitor inventory turnover rates and adjust forecasts accordingly to optimize inventory levels
Process vendor invoices in a timely manner and ensure payments are made according to terms and agreements
Compile data from multiple sources and utilize advanced Excel functions to analyze inventory data, generate reports, and identify trends or anomalies
Ensure accurate and up-to-date data entry in the ERP system to facilitate efficient inventory tracking and reporting
Collaborate with the Warehouse team to coordinate flow of goods
Develop and maintain positive relationships with vendors to facilitate smooth communication and transactions
Resolve discrepancies between physical and inventory and records and investigate and resolve issues with damaged or missing inventory
Recommend changes to current inventory policies and procedures

Financial & Sales Analysis

Conduct analysis of product viability to identify trends, recommend solutions, and support decision-making
Develop and present financial plans, forecasts, and reports to senior management using Excel spreadsheets
Analyze gross margins by division, category, and item and compare to what has been forecasted
Conduct research and monitor real time trends on economic indicators such as fluctuation on foreign exchange rates and market trends
Identify opportunities to reduce costs by recommending process improvements

Other

Prepare and present insightful reports on inventory performance, margin analysis, and other key metrics to support decision-making
Undertake related duties as assigned to achieve the company objectives and goals

Qualifications:

College diploma or university degree in Business Administration, Accounting, Economics, or a related field
Three (3) years of inventory management and forecasting experience
Two (2) years of financial analysis experience
Experience extracting data from an ERP system
Experience working with freight forwarders considered an asset
Proficiency using Microsoft Office
Advanced Microsoft Excel knowledge (XLOOKUP, Pivot Tables, IF Statements, Macros)
Experience managing a large volume of data in Excel
Analytical and highly motivated self-starter
Detail oriented problem solver
Strong communication and interpersonal skills
Ability to work in a fast-paced ever-changing environment

You Will Stand Out If:

You have experience using NetSuite
You have experience using Power BI

What We Offer
Our expected compensation range for this role is $60,000 - $70,000 annually. The salary you may receive will be determined based on the skills, experience, and qualifications you bring to the position, as well as how they align with the responsibilities and scope of the Inventory Analyst role. CWD evaluates compensation using a consistent and equitable framework to ensure fair and transparent pay practices across the organization.

Other benefits include:

Full comprehensive benefits (dental, medical and eye) 80/20 split-family coverage
Annual professional development fund
RRSP Match
Fitness incentives
Team events
50% off on CWD brands
Relocation expense

How We Hire
CWD is an equal opportunity employer and is dedicated to creating a diverse and inclusive work environment. We are committed to providing accommodations for people with disabilities throughout the recruitment process, and upon request, will work with qualified job applicants to provide suitable accommodation in a manner that takes into account the applicant’s accessibility needs due to disability. Applicants must make their accommodation needs known upon requests for interviews.

We may use artificial intelligence (AI) tools to support certain parts of the hiring process, such as reviewing applications, analyzing resumes, evaluating responses, or assisting with interview scheduling. These tools are designed to help our recruitment team and do not replace human judgment. All hiring decisions are ultimately made by our team. If you would like more information about how your personal data is processed during this process, please contact us.

CWD only extends employment offers after candidates have had the opportunity to speak directly with both the hiring manager and a member of our HR team. These discussions may take place in person or via video conference. CWD does not issue offers or request personal information through text or other informal channels. If you receive such a request, please disregard it. This policy is in place to ensure a secure and professional hiring process for all candidates.

CWD

Inventory Analyst

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