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- Maintain stock rotation and dispose of and account for outdated stock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 Southern 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
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Currently the chances of qualified Purchasing and Inventory Clerks finding employment are considered to be fair in the local area. Employment potential is fair locally because although there are occasional advertised opportunities and demand due to turnover, a supply of qualified labour exists to meet local demand. Having computer skills increases workers opportunities as more companies use computerized inventory systems. The public sector continues to move towards a more centralized regional purchasing system further limiting local opportunity. Although some larger firms may employ inventory analysts, most vacancies are for basic inventory clerks, which are entry level positions. Many of the duties of purchasing and inventory clerks may be combined with similar occupations such as Shipper/Receivers or Parts Clerks among some employers.
In addition to employment opportunities locally, opportunities may exist in other areas of the province or in other regions of the country. People who are able to work elsewhere may want to research opportunities for this occupation in other labour markets within Nova Scotia and across the country. The future employment outlook for Purchasing and Inventory Clerks in Nova Scotia is expected to be fair over the next 5 years.
Additional information on Purchasing and Inventory Clerks (opportunities in other areas, training, who hires, current job openings, statistics and other information), is available on other parts of this web site.
Local Labour Market News
Week of Apr 29 – May 03, 2013
- The mink farming industry in Nova Scotia is turning record profits. Most of the province's 120 mink farms and 1,000 workers are in Digby County.
Week of Apr 22 – Apr 26, 2013
- Composite Atlantic Ltd. of Lunenburg has landed a contract to produce a composite wheel bin for airline fuselages. Some job growth at the company is expected.
Week of Apr 15 – Apr 19, 2013
- Weymouth-based Lewis Mouldings and Wood Specialities, maker of various wood products, has received a loan from the provincial government to expand products and markets. The company employs 75 people and plans to add more with additional growth.
- Kings Produce Processing Ltd. has won a contract to make boxed lunches for soldiers at CFB Gagetown in Oromocto, N.B. The company employs 75 people in Middleton and has tripled its workforce in the past four years.
- Always Home Homecare, a care for seniors business based in Dartmouth, will open a satellite office in Liverpool in May 2013 and employ several homecare workers. Other satellite offices may follow in other parts of the province.
Week of Apr 08 – Apr 12, 2013
- Allendale Electronics of Lockeport has laid off 12 of its 36 employees after losing a contract. The company is attempting to gain new contracts, which would allow it to rehire.
- Cooke Aquaculture has hired 16 people for its farms at Jordan Bay and hopes soon to have 27 new employees in the area. Once the processing facility is completed in Shelburne by the end of 2015, 320 jobs are expected.
- Shelburne will benefit from federal money to help it expand and develop its industrial park
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