Inventory Analyst assisting in managing Terumo Interventional Systems product inventory across sales and distribution channels. Analyzing and optimizing stock utilization for maximum ROI.
Responsibilities
Assist in the management of inventory of Terumo Interventional Systems, Terumo Canada and Terumo Aortic products through various sales and distribution channels
Ensure effective utilization of assets and compliance with terms of the agreements as well as compliance with policies and procedures
Analyze product turnover to determine optimal stock rotation to reduce losses from expiry and maximize ROI
Review operational processes and data to identify opportunities for improvement
Follow requirements of TMC Quality System, including but not limited to requirements for traceability of product
Recognize customer complaints and forward information to Quality Assurance
Collaborate with Sales Territory Managers to ensure consignment and field inventory policies are enforced
Resolve issues related to lost, damaged or expired consigned inventory
Perform cycle count programs for consigned and representative-based inventories
Manage and analyze inventory utilization and recommend par levels for existing and potential new inventory locations
Lead strategic analyses and inventory reporting to support business unit and corporate objectives
Provide guidance and training on policies and procedures to internal and external parties responsible for carrying inventory
Participate in continuous improvement projects
Develop relevant inventory performance metrics and measures and prepare detailed month-end reports for management
Ensure integrity of field inventory and consignment systems
Organize and handle a variety of logistics issues in manufacturing environment
Assist with other general accounting projects as needed
Requirements
Requires a bachelor's degree, preferably in a financial discipline
Minimum of 5 years of experience in inventory management, inventory control or supply chain functions
Equivalent combination of education, training and experience accepted
Experience with ERP systems
Experience with logistical systems and standard operating procedures
Experience with SAP is preferred
Strong analytical aptitude with the proven ability to analyze and interpret data
Previous exposure to and an understanding of the supply chain and logistics environment
Exceptional written and verbal communication skills
Demonstrated creative thinking skills with emphasis on developing innovative solutions to complex problems
Must be able to identify and resolve problems with focus on prevention
Experience with field-based inventory, both consignment and representative-based
Must be able to handle a high volume of work in a fast-paced environment while performing work accurately under time constraints
Must be able to work in a team environment
Proficient working with Microsoft Office Professional (Excel, Word & PowerPoint)
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