Inventory Analyst

Medtronic • Toledo, OH

1d • $67,200 - $100,800 • Onsite

About The Position

Join our Supply Chain team as an Inventory Analyst supporting our OC Campus and play a key role in keeping our materials and products flowing smoothly from raw components to finished goods. In this role, you’ll lead inventory management initiatives to achieve our inventory targets, and partner closely with operations, purchasing, logistics, and planning. You’ll help design and maintain the processes, controls, and material management systems that reduce costs, streamline workflows, and ensure we always have the right materials in the right place at the right time. At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 5 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

Requirements

• Requires practical knowledge and demonstrated competence within job area typically obtained through advanced education combined with experience.
• Requires a bachelor’s degree (or for degrees earned outside of the United States, a degree which satisfies the requirements of 8 C.F.R. § 214.2(h)( 4)(iii)(A) and minimum of 2 years of relevant experience, or advanced degree with 0 years of experience.

Nice To Haves

• CPIM (Apics certification)
• SAP
• Advanced Excel
• Strong communication skills (both verbally and in written) with a proven ability to understand key concepts and communicate with business stakeholders
• Excellent mathematics/analytics/statistical skills demonstrated through education or professional background

Responsibilities

• Ensures that inventories are secure, properly identified and readily accessible to authorized personnel.
• Maintains controls over various types of inventories (e.g., raw materials, subassemblies, finished goods).
• Conducts physical inventory counts and reconciles results with inventory records.
• Ensures that quantities of incoming and outgoing shipments are correct.
• Conducts analyses of inventory levels and coordinates with production and supply network planning requirements.
• Creates integrated processes among internal functions (e.g., operations, purchasing and logistics).
• Plans and analyzes activities related to the timely, cost-effective procurement, inventory control, planning and quality control of production materials.
• Develops, implements, and maintains policies, procedures, and material control systems to reduce costs, streamline procedures, and implement solutions.

Benefits

• Health, Dental and vision insurance
• Health Savings Account
• Healthcare Flexible Spending Account
• Life insurance
• Long-term disability leave
• Dependent daycare spending account
• Tuition assistance/reimbursement
• Simple Steps (global well-being program)
• Incentive plans
• 401(k) plan plus employer contribution and match
• Short-term disability
• Paid time off
• Paid holidays
• Employee Stock Purchase Plan
• Employee Assistance Program
• Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
• Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)

What This Job Offers

• Job Type: Full-time
• Career Level: Principal