Inventory Analyst

Bioventus LLC; Memphis (TN); On-site; USD 55,000 - 75,000; Full time

Job summary

Bioventus LLC, an industry leader in active-healing solutions, is seeking an Inventory Analyst to maintain accurate inventory records in Memphis. This role involves generating reports, analyzing variances, and collaborating with multiple departments to optimize inventory accuracy.

The candidate should have at least four years of inventory management experience along with strong proficiency in SAP and Microsoft Excel. The position fosters a collaborative environment, emphasizing inclusivity and diverse backgrounds.

Qualifications

• High school diploma required; Associate's or Bachelor's degree preferred.
• Minimum of four years of hands-on inventory management experience.
• Strong experience managing inventory in SAP is required.

Responsibilities

• Develop and distribute inventory snapshot reports and metrics.
• Analyze inventory variances and support root-cause investigations.
• Generate reports to support KPI metrics utilizing SAP and Excel.
• Support and analyze cycle-count programs using ABC methodologies.
• Collaborate with Operations, Quality, Finance, and IT teams.

Skills

Inventory management

SAP proficiency

Data analysis

Microsoft Excel

Problem-solving

Education

Associate's or Bachelor's degree in Business, Supply Chain, or related field

Tools

SAP

Microsoft Excel

Job description

Bioventus—an industry leader in active‑healing solutions—seeks an Inventory Analyst to ensure accurate inventory records, support SOX compliance, and enable data‑based decision making across our Memphis warehouse and 3PL partners.

Responsibilities

• Develop, maintain, and distribute inventory snapshot reports, period‑end reporting, and inventory control metrics to support inventory accuracy and SOX compliance.
• Analyze inventory variances, transaction activities, and inventory performance trends; help support root‑cause investigations on trends.
• Generate and maintain inventory reports to help support KPI metrics utilizing SAP, Microsoft Excel, and other reporting tools.
• Support and analyze cycle‑count programs using ABC inventory classification methodologies, review count results, identify trends, and help support root cause for variances.
• Support period‑end, quarter‑end, and year‑end inventory reporting activities, including variance analysis and inventory‑related financial reporting requirements.
• Partner cross‑functionally with Operations, Quality, Finance, and IT teams to optimize inventory accuracy and performance.
• Contribute to ongoing system improvements and technology upgrades aimed at enhancing inventory control and operational efficiency.
• Support inventory readiness for internal and external audits.
• Hold oneself and others accountable to conduct business in a manner compliant with Bioventus’ Code of Compliance and Ethics, policies and procedures, and internal controls applicable to the role.
• Perform other duties as assigned.

Qualifications

• High school diploma required; Associate’s or Bachelor’s degree in Business, Supply Chain, Operations, or a related field preferred.
• Minimum of four (4) years of hands‑on inventory management experience required.
• Strong experience managing inventory in SAP is required.
• Experience driving process improvements in dynamic environments is highly preferred.
• High proficiency in Microsoft Excel, Word, and Outlook.
• Excellent analytical, organizational, and problem‑solving skills with strong attention to detail.
• Ability to communicate effectively across all levels of the organization.
• Experience working in medical device manufacturing or another regulated industry is strongly preferred.
• Demonstrated ability to thrive in a fast‑paced, collaborative environment.

In the spirit of inclusivity, qualified applicants will be considered without regard to age, ethnicity, disability, gender, veteran status, gender expression, gender identity, nationality, race, religion, or sexual orientation. All individuals, regardless of personal characteristics, are encouraged to apply.