Inventory Manager

Millstone Medical•Olive Branch, MS

12h•Onsite

About The Position

Millstone Medical is a fast-growing, fast-paced medical service provider for top Orthopedic companies. Millstone specializes in sterile and non-sterile packaging of medical devices, as well as mechanical inspection and assembly, to help medical device manufacturers reduce costs while maintaining high quality, accuracy, and timeliness. The company is FDA and ISO registered and employs a detailed internal quality system to ensure ISO compliance. Millstone is committed to quality, growth, and career pathing, offering an employee-centric culture and a Total Rewards Benefits Program designed to support employee well-being.

Requirements

Bachelor’s degree in supply chain management, logistics, business administration, or a related field.
Minimum of 5 years’ proven experience in inventory management or a related role.
Proficiency in inventory management software (e.g., SAP, Oracle, or similar tools).
Strong analytical and problem-solving skills.
Excellent organizational and communication skills.
Familiarity with supply chain and logistics operations.
Leadership and team management experience.

Responsibilities

Monitor inventory levels and ensure optimal stock quantities.
Develop and implement inventory control procedures.
Conduct regular audits to verify accuracy and identify discrepancies.
Collaborate with procurement teams to order new stock based on forecasted needs.
Negotiate with suppliers to ensure timely delivery and cost-effectiveness.
Maintain strong supplier relationships.
Use inventory management software to track and record stock movements.
Generate detailed inventory reports for management review.
Analyze inventory data to forecast trends and improve inventory strategies.
Organize and oversee stock storage for efficient use of warehouse space.
Ensure compliance with safety regulations in storage and handling.
Coordinate with warehouse staff for accurate inventory handling.
Lead and train inventory staff to maintain accurate records and follow company policies.
Set performance metrics and conduct regular evaluations.
Foster a team-oriented work environment.
Identify and address causes of inventory loss, including theft or spoilage.
Implement strategies to minimize waste and obsolescence.
Work closely with sales, operations, and logistics teams to align inventory levels with business needs.
Support product launches and promotional campaigns with adequate stock availability.