Explore Careers - Job Market Report
Purchasing and inventory clerks process purchasing transactions and maintain inventories of materials, equipment and stock. They are employed by retail and wholesale establishments, manufacturing companies, government agencies and other establishments.
inventory analyst, inventory clerk, inventory control clerk, inventory planner, procurement clerk, purchasing clerk, purchasing clerk assistant.
- Review requisition orders for accuracy and verify that materials, equipment and stock are not available from current inventories
- Source and obtain price quotations from catalogues and suppliers and prepare purchase orders
- Calculate cost of orders and charge or forward invoices to appropriate accounts
- Process purchases within purchasing authority
- Contact suppliers to schedule deliveries and to resolve shortages, missed deliveries and other problems
- Prepare and maintain purchasing files, reports and price lists.
- Monitor inventory levels as materials, equipment and stock are issued, transferred within an establishment or sold to the public using manual or computerized inventory systems
- Compile inventory reports, recording the quantity, type and value of materials, equipment and stock on hand, using manual or computerized inventory systems
- Prepare requisition orders to replenish materials, equipment and stock
- Maintain stock rotation and dispose of and account for outdated stock
- Enter data for production scheduling, stock replenishment/relocation and inventory adjustments
- Reconcile physical inventories with computer counts.
Outlook & Prospects for Purchasing and Inventory Clerks in Moncton--Richibucto Region
The future forecast and current conditions for an occupation can vary based on location or due to changes in the economy, technology, or demand for a product or service.
Local Employment Potential Information
|Location||Employment Potential||Release Date|
|Moncton--Richibucto Region||(3 of 3 stars)||2012-05-10|
Currently the chances of qualified Purchasing and Inventory Clerks finding employment are considered to be good in the local area.
Job opportunities in this occupation can be found in these industries: wholesale trade, retail trade, and public administration. The many similarities between the tasks associated with this job and those associated with NOC 1471 should be taken into account when job hunting. Job openings come up on a regular basis, especially for inventory clerks. Turnover is high in this occupation. Employment opportunities in this area will continue to be affected by the increasing use of computers and automated equipment, which is expected to have a negative impact on demand for workers. For example, computers and automated equipment can easily carry out such tasks as monitoring inventory levels and preparing reports. Also, larger retail store chains are progressively eliminating local buying departments and centralizing this task at the head office level.
Employment opportunities for Purchasing and Inventory Clerks may vary in different communities across the province. You may want to check for specific opportunities in your community. Also, people who are able to work elsewhere may want to research the opportunities for this occupation in other areas of NB or in other provinces across the country.
Local Labour Market NewsWeek of Nov 18 - Nov 22, 2013
- Freshii, a new restaurant franchise specializing in quick healthy meals will open at the northwest corner of Botsford and Main streets in the former Terre Verde store location. Started in New York city in 2005, the restaurant chain is a fast growing company with a 100 locations in eight countries and plans for rapid expansion. It is not immediately known when the new restaurant will open or how many people will be employed there.
- Caisse populaire Sud-Est branches in Notre-Dame, St-Paul, Richibucto-Village and Pointe-Sapin in southeast New Brunswick closed on November 29, 2013. The closures are attributable to declines in automated teller and in-person teller use due to the adoption of new technologies such as home computers and mobile devices. Five jobs will be affected by the closures. Caisse populaire Sud-Est has 12 other branches within southeast New Brunswick which remain open.
- H¿tel Shediac, a 60-room hotel located at 222 Belliveau Street in Shediac is expected to open in December. The construction of the hotel was started in May 2012 and the owners had originally planned the opening for June 2013. The hotel's website is now accepting reservations starting on December 15. The hotel also includes a St. James Gate restaurant.
- Cabela's Incorporated, a retail store specializing in hunting and fishing merchandise as well as other outdoors products, has announced it plans to open a 50,000 square-foot retail outlet in Moncton in 2015. The store will be located near the Mapleton Parkway and Trans-Canada Highway and will employ 150 full-time, part-time and seasonal employees. Cabela's operates 50 stores across North America, of which four are located in Canada.
- The Atlantic Cancer Research Institute, located at the Dr. Georges-L.-Dumont University Hospital Centre in Moncton, and Boston-based biotech company New England Peptide, have announced the launch of Excipio Technologies Inc. This new startup biotech company has been created to commercialize a synthetic peptide called Vn96, used in the diagnoses of diseases. The new company is expected to create 12 to 15 highly-skilled biotech jobs in the next three years.
- KFC has closed the KFC restaurant on Coverdale Road in Riverview. Facing increasing competition from another restaurant franchise specializing in fried chicken, KFC is renovating most of its restaurants in Atlantic Canada but has decided not to continue operation of the Riverview location. Another KFC restaurant located in Quispamsis will also be closed.
- Oulton's Business College of Moncton and Crandall Unviersity of Moncton have signed an agreement that will benefit Oulton's business program students by providing them with credits toward Crandall University's bachelor's art degree in organizational management
- The Economical Insurance office located at 1600 Main Street in Moncton has closed, eliminating 22 jobs. Some employees who reported to the Moncton office will be transitioning to home offices. The company is streamlining its operations across the company.
- The New Brunswick Department of Energy has discovered significant potash reserves in southern NB. The government is engaging industry to see if it is interested in exploring the deposits further. While the world potash market has been experiencing rapid growth, a decision to pull out of a marketing consortium by Rusian producer Uralkali, sent stock prices plumeting in July 2013. However, the NB government is still optimistic that new mining projects can be considered.
- The East Side Mario's restaurant located at 99 Trinity Drive in Moncton has reopened after extensive renovations. The restaurant had closed on October 9 to proceed with the expansion.
- Collège Trans-Canada College, a Moncton truck driver training school, formerly know as GW Driver Training, is upgrading its facilities and services to address the truck driver shortage in New Brunswick. The company aims to improve their recruitment of students and the matching of graduates to employers. The college also plans to offer driver training in French in the coming months.
- Through the New Brunswick Government's One-Job Pledge initiative five Moncton-area businesses will receive funding to create a total of 34 jobs for post-secondary graduates. The program allows recent graduates the opportunity to gain on-the-job work experience. The government is providing $750,000 distributed among Oulton's College, Imperial Manufacturing, CBI Health Centre PC, Missing Link Technologies, and CGI Information Systems Management Consultant.
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