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Inventory Control Technician

by Formet Industries

Reference #: 63176
Location: St. Thomas, Ontario
Date Posted: Mar 24, 2024
Formet Industries

Job Description

Magna

 

Job Number: 63176 
Group: Cosma International  
Division: Formet Industries 
Job Type: Permanent/Regular 
Location: ST. THOMAS 
Work Style:  

 

About us

We see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.

 

Forward. For all.

 

Group Summary

Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.

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.

 

At Formet, one of the largest manufacturing employers in Southwestern Ontario producing body and chassis components for assembly plants across North America, we take care of each other and live by the motto “One Team. One Formet.”

About the Role

This position is responsible for the input and management of engineering changes for the Materials department as well as reporting on Inventory Accuracy and related financial items.  

Who we are looking for

•    Post-Secondary Education in Business or Material Management (APICS – CPIM & CIRM Courses)
•    Five years of experience in inventory and material related systems. 
 

Your Responsibilities

•    Perform all duties and promote themselves in a manner that reflects Formet Expectations and Formet’s Visions/Values through Magna’s Employee Charter.
•    Follow and abide by all government, Legal, Magna and Formet rules and regulations.
•    Contribute to continuous improvement and cost reduction activities.
•    Manage and communicate Engineering changes from kick off through implementation using SAP, Solidat, ETQ, Excel spreadsheets and associated meetings.  This includes, but is not limited to:  Bill of Material input and change, Routers, Work Centers, Cost Collectors, Production Reporting Set-up. 
•    Coordinate annual physical inventory.
•    Coordinate quarterly cycle count schedule
•    Develop & maintain Standard Operation Procedures for the Materials Dept. as they relate to Engineering Change Management and Inventory Accuracy & Reporting in both the SAP and Solidat systems
•    Managing and monitoring materials specific communications between the SAP and Solidat systems, This includes, but is not limited to, IDOC errors, merge approvals) 
•    Provide support for other Materials groups and departments as required. 
•    Promote effective interdepartmental communication and support (production, finance, purchasing, engineering and quality). 
•    Perform necessary audits and analysis of data (Bills of Material, Routings, Cycle Counts, Standard Costs etc.).
•    Perform cycle counts as required.
•    Attend and participate in Team, Department and any other meetings required.  
•    Participate in departmental training and retraining on a regular basis. 
•    Perform other duties as designated.

Site Benefits

•    Shifts rotate every 2 weeks between Days, Afternoons and Midnights
•    Shift Premiums of $0.85/hour (afternoons and $1.35/hour (midnights)
•    Annual Tool allowance of $500
•    Weekly pay via direct deposit
•    Overtime (1.5x) after 40 hours worked (hourly) 
•    Vacation entitlement
o    2 weeks of paid vacation (3 weeks after 3 years) + 4 company paid holidays + 2x ½ days = 15 days annually
o    Option to bank your overtime to earn up to an extra 5 days of paid time off (approved in the same manner as vacation time) (27 hours x 1.5 = 40 hours)
•    Skilled Trades referral bonus of $500 following successful hire of candidate
•    Medical and Dental Benefits after 1 month of employment.
•    Magna will contribute an amount equal to 3% of regular earnings every week to your retirement savings (MBC program)
•    Profit sharing paid in the second quarter of every year (EEPPP Program)
•    Matched GRRSP
•    Company Paid Life Insurance and Accidental Death and Dismemberment (AD&D)
•    Optional group Life Insurance and Critical Illness Insurance for self and spouse 
•    Safety Shoe, prescription Safety Glasses and Custom Molded Earplug allowance
•    Company paid uniforms (if you choose to use)
•    Company BBQ, Holiday Parties and Company Events
•    Corporate Social Responsibility Initiatives  - 6k for Water Walk, Support Local Charities (Hospice of Elgin, Adopt a Family (12 in total), STEGH), Children’s Health Foundation and many more)
•    Magna Service Award Program
•    Roger’s and Bell cellphone data plan available – as low as $50/month! 
•    Subsidized cafeteria with daily specials including hot vegetarian options – we are known for our amazing cafeteria! Free coffee, juice and tea
•    Educational Assistance Program
•    Employee Discounts: new vehicles, amusement parks, etc. 
•    Plant-Wide Continuous Improvement Program: 2022 bonus = $1810
•    You get to work with a FANTASTIC Team! One Team, One Formet!
 

Your preferred qualifications

Accommodations for disabilities in relation to the job selection process are available upon request.

 

Awareness. Unity. Empowerment.

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.

Application Contact Information

Company Name:   Formet Industries
Application URL: Click here to apply online