Magna International, Inc logo

Inventory Analyst

Magna International, Inc
  • Northwood, Ohio
  • Instant Apply
1 day ago

Job Description

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What we offer:

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.

Group Summary:

The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets.

Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.

Job Responsibilities:

General Job Duties

  • Exhibit teamwork, ownership, and professional conduct while actively supporting MP&L, Operations, Quality, Finance, Engineering, and IT.
  • Demonstrate analytical thinking and structured problem solving in a continuous-improvement environment.
  • Follow all company policies and the standards of conduct described in the employee handbook.
  • Adhere to all Norplas safety and health objectives, policies, and procedures. Work safely at all times; report unsafe conditions, accidents, and near misses promptly.

MP&L Strategic Responsibilities

  • Own inventory accuracy as a business process, not only as a physical count. Connect physical material movement to the required ERP and MES transactions from receipt through consumption, production reporting, movement, sequencing, shipment, and financial settlement.
  • Develop a working understanding of QAD ERP, MES, EDI, labeling, sequencer, BOL/EP, POP/PAB/MPAB, SQL cross-reference tables, and related interfaces that create or consume inventory records.
  • Identify gaps between physical inventory, ERP balances, MES activity, BOM requirements, customer releases, and financial records; lead the investigation through containment, root cause, corrective action, validation, and recurrence prevention.
  • Establish transaction discipline and process controls that make inventory status visible, timely, traceable, and reliable for production and customer delivery.
  • Use data and trend analysis to prioritize high-impact inventory risks, quantify exposure, assign ownership, and verify sustained improvement.

Specific Job Duties

  • Coordinate and validate new part-number setup in QAD and SQL cross-reference tables to support production labeling, reporting, sequencing, and shipping. Complete end-to-end testing before production release.
  • Monitor and validate ERP/MES transactions involving receipts, production reporting, backflush, component issues, transfers, scrap, adjustments, substitutions, rework, shipping, and cycle-count corrections.
  • Reconcile ERP and MES records to physical material movement and investigate timing, interface, master-data, process, training, and execution gaps.
  • Lead structured root-cause analysis for inventory discrepancies using tools such as 5 Whys, fishbone analysis, transaction timelines, part genealogy, and system-to-system reconciliation.
  • Document each material variance with the problem statement, immediate containment, root cause, corrective action, owner, due date, financial or operational impact, and effectiveness check.
  • Produce and publish daily, weekly, and monthly inventory-control reporting, including negative inventory, transaction exceptions, receipt accuracy, cycle-count performance, adjustment and scrap trends, aging, slow-moving and obsolete inventory, interface failures, and unresolved issues.
  • Maintain an inventory issue tracker and escalation cadence. Drive timely closure of actions and verify that corrective actions prevent repeat discrepancies.
  • Investigate customer release errors and ERP/MES transaction problems that affect material requirements, inventory balances, production reporting, labeling, sequencing, or shipments.
  • Partner with Finance to close the POP/MPAB payment loop and resolve missing, incorrect, or delayed payment transactions on a weekly basis.
  • Investigate and resolve POP/PAB, sequencer, BOL/EP, revision-

Numbers & Facts

LocationNorthwood, Ohio
IndustryAutomotive and Parts Mfg
Company Size10,000 employees or more
Year Founded1957
Websitehttp://www.magna.com/

About Company

We are a leading global automotive supplier with 347 manufacturing facilities and 94 product development, engineering and sales centres in 27 countries. We have over 159,000 employees focused on delivering superior value to our customers through innovative processes and World Class Manufacturing.

Skills

  • Aerodynamicsunmatched
  • Analysis Skillsunmatched
  • Automotive Technologyunmatched
  • Bill of Materials (BOM)unmatched
  • Business Processesunmatched
  • Cadenceunmatched
  • Corrective Actionunmatched
  • Data Analysisunmatched
  • ERP (Enterprise Resource Planning)unmatched
  • Electronic Data Interchange (EDI)unmatched
  • Establish Prioritiesunmatched
  • Financeunmatched
  • Financial Operationsunmatched
  • Information Technology & Information Systemsunmatched
  • Inventory Levelsunmatched
  • Inventory Managementunmatched
  • Inventory Reportsunmatched
  • Inventory Transactionsunmatched
  • Manufacturing Assemblyunmatched
  • Mfg/PROunmatched
  • Operations Processesunmatched
  • POP (Post Office Protocol)unmatched
  • Physical Inventoryunmatched
  • Problem Solving Skillsunmatched
  • Process Control Engineeringunmatched
  • Production Supportunmatched
  • Reconciliationunmatched
  • Root Cause Analysisunmatched
  • SQL (Structured Query Language)unmatched
  • Safety/Work Safetyunmatched
  • Team Playerunmatched
  • Time Managementunmatched
  • Transaction Processing/Managementunmatched
  • Trend Analysisunmatched
  • User Interface/Experience (UI/UX)unmatched

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