Inventory Specialist 2 (Denver, CO)

Smith+NephewDenver, CO
Onsite

About The Position

At Smith+Nephew, a global medical technology company, we design and manufacture technology that takes the limits off living, supporting healthcare professionals in returning patients to health and mobility. The Inventory Specialist function is a critical component of Smith+Nephew’s overall US Supply Chain strategy, serving as the last mile to ensure success in thousands of hospitals and surgery centers daily. This role, while potentially stressful, is rewarding, knowing it plays a critical part in patient outcomes. The Inventory Specialist is responsible for maintaining accurate inventory records of products flowing through the territory, ensuring accountability for missing products for proper billing, and managing case coverage, inventory, and data analysis. This is an on-site position within the Logistics Team in a territory sales office(s), responsible for managing and implementing company inventory and asset management policies and procedures at the territory/area level. Key aspects include maximizing asset utilization, minimizing inventory/instrument investment, maintaining accurate product placement records, and coordinating surgery schedules to ensure accurate and timely delivery of instruments and implant sets. A good working knowledge of company products, operating systems, and procedures is essential. Smith+Nephew fosters a culture of Care, Collaboration, and Courage, where employees work together with a spirit of ownership to achieve their shared purpose of Life Unlimited.

Requirements

  • High school Diploma or equivalency required
  • 2+ years' experience in a related field, e.g. Operations, Logistics, Business Analyst, Business Consultant
  • Must be able to lift 75 lbs.
  • Standing, walking, bending, stooping, pushing, and pulling commonly occurring for long periods of time
  • Valid Driver's License with clean record
  • Must be willing to learn our software Systems such as Move Medical and SAP used on a daily basis.

Nice To Haves

  • Bachelor's Degree preferred

Responsibilities

  • Performs work duties accomplishing daily goals, including but not limited to, the picking of Finished Goods, packing of Finished Goods, maintaining inventory accuracy, sourcing cases, and overcommunication to the sales reps.
  • Manage inventory levels across the sales district, ensuring the right quantities are in the right place.
  • Manage the quality of our products in the field.
  • Ensure all product recall activity is performed immediately to ensure compliance to all required.
  • Coordinate with Quality and Regulatory to ensure verify and ensure all compliance procedures are followed.
  • Ensure consignment locations have valid consignment agreements and/or custody cards as required.
  • Perform Field Cycle Counts as required.
  • Coordinate and participate in territory physical inventories ensure all preparation guidelines are performed, conduct counts, and perform required physical inventory reconciliation.
  • Ensure minimal location/account variances and ensure adjustments (positive/negative) meet established company variance percentages and dollar amounts.
  • Perform field location/account visits/reviews to ensure consigned inventory instruments and implants are verified with account and ensure after reviews that instrument sets and implant inventory levels are correct and adjusted accordingly.
  • Reconciliation variances should be addressed with the appropriate sales representative(s) and management.
  • Perform IAP validations semi-annually and ensure all required adjustments are performed to maintain accurate IAP records.
  • Analyze inventory asset levels to maximize utilization and to provide improved sales performance providing recommendations and executing appropriate strategies.
  • Perform Instrument and implant utilization analysis to identify opportunities, inventory efficiencies with sales management and sales force.
  • Ensure compliance of company asset utilization goals and objectives.
  • Partner with the sales management team, sales force and logistics management to ensure excellent sales support.
  • Perform period, quarterly and annual product reporting to provide guidance for set and inventory deployments.
  • Perform analysis/reporting affecting all P&L related territory and/or area operations (i.e. Stock Withdrawal budget, freight analysis, courier usage, etc.).
  • Process all required order entry as directed to maintain and manage scheduled surgery cases on a daily basis.
  • Perform MOVE system reviews with Field Logistics Specialist to ensure excellent sales product support for surgeries and assess Kit utilization to ensure maximum utilization.
  • Required to perform on call support as required.
  • Must be able to understand and perform the functions and procedures pertaining to the efficient operation of warehousing.
  • Perform daily/period freight activity reviews on all FedEx and courier usage to ensure costing is correct and most economical.
  • Determine and ensure the least cost method of providing product to customer is performed.
  • This includes Mobile vans, Courier, and freight utilization is being monitored and reviewed each period.
  • Must be able to train and direct other personnel in their duties, both clerical and physical.

Benefits

  • 401k Matching Program
  • 401k Plus Program
  • Discounted Stock Options
  • Tuition Reimbursement
  • Flexible Personal/Vacation Time Off
  • Paid Holidays
  • Flex Holidays
  • Paid Community Service Day
  • Medical
  • Dental
  • Vision
  • Health Savings Account (Employer Contribution of $500+ annually)
  • Employee Assistance Program
  • Parental Leave
  • Fertility and Adoption Assistance Program
  • Hands-On Training
  • Team-Customized Training
  • Mentorship
  • Discounts on fitness clubs, travel and more!
  • Competitive bonus
  • Medical leave programs
  • Generous PTO
  • 8 hours of Volunteer time
  • Variety of wellness offerings such as EAP

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

High school or GED

Number of Employees

5,001-10,000 employees

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service