Procurement and Inventory Analyst

Humber River Health•Toronto, ON

8d•Onsite

About The Position

Hennick Humber Hospital. Tomorrow's Healthcare, Today. Since opening our doors in 2015 as North America’s first fully digital hospital, we remain unwavering in our belief that we can change the hospital where we work, the community where we live, and the world of healthcare beyond our borders. Serving a community of 850,000 residents in North West Toronto, Equity Inclusivity and active participation in the North West Toronto Ontario Health Team are key initiatives important to our Team. At Humber River Health, we use a custom combination of technology and clinical expertise to rebuild elements of care. We make technology work for staff and physicians; giving them more time to spend with patients, to eliminate inefficiencies, and to reduce the chance of errors. Humber River Health is formally affiliated with both the University of Toronto and Queen’s University and committed to becoming a community academic hospital. Clinical Excellence, Optimizing Care through Technology and Community Connection frame our Research Strategy. At Humber River Health, we’re not hoping for a renaissance, we are making it happen. As part of our dynamic team, you can lead the way, as we continue our journey towards high reliability care! We currently have an exciting opportunity for a Procurement and Inventory Analyst to join our Logistics and Purchasing team.

Requirements

Undergraduate degree in Business, Supply Chain Management, Computer Science or a related field required.
Experience with ERP systems (e.g., SAP, Oracle), including system support, maintenance, reporting, or related functionality, required.
Experience in procurement, supply chain, or business operations within a computerized environment required.
Intermediate to advanced proficiency in Microsoft Office, including Microsoft Excel and Access, required.
Strong analytical and problem-solving skills, with the ability to communicate effectively, required.
Demonstrated ability to manage multiple priorities and meet deadlines in a fast-paced environment required.

Nice To Haves

Procurement or inventory management certificates preferred.
5 years of relevant experience analyst experience preferred.
Knowledge of medical products preferred.
Experience with project coordination preferred.

Responsibilities

Analyze purchasing and spend data to identify trends, cost-saving opportunities, and sourcing strategies.
Develop and maintain spend analysis reports by supplier, category, department.
Monitor procurement performance metrics, including purchase order cycle times, savings achieved, contract compliance, and supplier performance.
Support strategic sourcing initiatives through market, supplier, and cost analysis.
Prepare reports and presentations for management and executive leadership.
Assist in the development and monitoring of procurement policies, procedures, and key performance indicators (KPIs).
Support the ongoing maintenance, administration, and optimization of the ERP Supply Chain system and related applications.
Coordinate system upgrades, enhancements, testing, and issue resolution with IT and system vendors.
Identify opportunities to improve and automate Supply Chain processes through system enhancements.
Provide system support, documentation, and training to Supply Chain users.
Analyze inventory levels, stock movement, consumption patterns, and inventory turnover rates.
Monitor inventory accuracy and identify discrepancies requiring investigation.
Support forecasting and demand planning activities to optimize inventory levels.
Analyze supplier lead times and their impact on inventory availability and operational requirements.
Identify opportunities to improve warehouse and logistics processes through data-driven recommendations.
Monitor contract utilization, expiry dates, spending against agreements, and compliance with contract terms.
Track vendor performance metrics, including delivery performance, quality, responsiveness, and service levels.
Support vendor management and performance review processes.
Collaborate with procurement staff, contract officers, logistics personnel, finance staff, and operational departments.
Respond to internal requests for procurement, inventory, and logistics information.
Other responsibilities as assigned