Inventory Control Analyst

Essentia Health; Fargo (ND); Hybrid; USD 57,000 - 86,000; Full time

Job summary

Essentia Health in Fargo, ND is seeking an Inventory Control Analyst to safeguard medical supplies, align with patient care, and minimize inventory investment. You will implement inventory control procedures, support supply planning, and forecast demand.

You will monitor data accuracy, coordinate with logistics, procurement, and hospital leadership, manage safety stock, and resolve discrepancies to ensure continuity of care.

Qualifications

• 2-3 years’ experience in analysis focusing on inventory management, product or retail forecasting.
• Mastery of Supply Chain KPIs (KPIs).
• Experience with transportation, distribution, purchasing, supplier management, or inventory management.

Responsibilities

• Monitor and maintain inventory control procedures tailored to a healthcare environment.
• Use supply planning and demand forecasting to align inventory with patient care needs while managing costs.
• Reflect demand changes accurately in planning systems to maintain optimal inventory and forecast accuracy.
• Review and release inventory replenishment orders from planning to ERP system.
• Mitigate stockout scenarios with appropriate safety stock or substitutions.
• Coordinate product changes cross-functionally to support timely product conversions.
• Participate in return/recall processes ensuring timely inventory updates for patient safety.
• Maintain high data accuracy in inventory records, usage history, and forecasting files.
• Analyze data to assess inventory health and support departmental recommendations.
• Collaborate with logistics, procurement, category management and leadership to improve supply chain efficiency.
• Assist with onsite operations projects as needed.

Skills

Inventory management

KPIs

Data analysis

ERP systems

WMS

Cross-functional

Communication

Education

Bachelor's degree (Engineering/Supply Chain)

Job description

Building Location:32nd Avenue BuildingDepartment:1007710 PURCHASING - EH SSJob Description:The Inventory Control Analyst will play a critical role in supporting the healthcare system by ensuring an adequate supply of medical products and materials, aligning with patient care needs, and minimizing inventory investment. This position is responsible for implementing and monitoring inventory control procedures, supply planning, and demand forecasting. The Analyst will accurately assess demand activity and adjust inventory levels to reflect demand changes in planning systems. The position works to maintain a high accuracy in forecasting, inventory records, item usage history, and forecasting files. This individual will also serve as a key resource for departments within the healthcare system, providing product and service information and resolving any product-related issues.The Analyst will identify and eliminate inventory discrepancies and workflow issues. This position collaborates closely with logistics, procurement, category management, and hospital or departmental leadership to develop efficient processes that reduces supply disruption and expenditures, improves distribution efficiencies, and supports supply chain activities resulting in improved patient care.Required Qualifications:• 2 to 3 years’ experience in analysis with emphasis on inventory management, product/category management, or retail forecasting.• Mastery of Supply Chain Key Performance Indicators (KPIs)• Demonstrated supply chain experience working in partnership with transportation, distribution, purchasing, supplier management, and/or inventory management.• Solid understanding of Master Data and Databases, Warehouse Management Systems (WMS), and Enterprise Resource Planning Systems (ERP)Education Qualifications:• Bachelors degree in Engineering, Supply Chain, Logistics, Transportation, Business or related fieldKey Responsibilities:Monitor and maintain inventory control procedures tailored to meet the unique needs of a healthcare environment, ensuring adequate supply levels for critical medical products.Use supply planning and demand forecasting experience and tools to support healthcare departments, aligning inventory levels with patient care needs while managing costs.Reflect demand changes accurately in planning systems to maintain optimal inventory and forecast accuracy.Review and release inventory replenishment orders from planning system to Enterprise Resource Planning system.Proactively works to mitigate stockout scenarios with appropriate safety stock or product substitution.Product change liaison that works cross-functionally to implement and communicate product changes while maintaining appropriate inventory and timeline to support the product conversion.Participates in return and recall processes ensuring inventory changes are processed timely for accuracy and patient safety.Ensure high data accuracy in inventory records, item usage history, and forecasting files to support healthcare service continuity.Works to understand and offset adjustments or discrepancies in inventory counts or workflow issues in both warehouse and off-site healthcare locations.Analyzes data to assess inventory health, assist with departmental inventory recommendations, troubleshoot inventory anomalies, and other research as needed.Collaborate with logistics, procurement, category management, and healthcare leadership to create effective inventory processes that enhance supply chain efficiency and reduce costs.Assists with onsite operational and other projects, as needed.Licensure/Certification Qualifications:Preferred Skills:Knowledge of healthcare supply chain management including best practices in inventory control, demand forecasting, and supply planning within a healthcare system.Experience with ERP systems and data analytics tools in inventory management.Current certification from Association for Supply Chain Management (ASCM), Institute for Supply Management (ISM), International Society of Logistics (SOLE), Association for Supply Chain Management (NCMA), Council of Supply Chain Management Professionals (CSCMP), Institute of Business Forecasting & Planning (IBF), Project Management Institute (PMI), or Institute for Process Excellence (IpX).FTE:1Possible Remote/Hybrid Option:HybridShift Rotation:Day Rotation (United States of America)Shift Start Time:Shift End Time:Weekends:Holidays:NoCall Obligation:NoUnion:Union Posting Deadline:Compensation Range:$57,345.60 - $86,028.80Employee Benefits at Essentia Health: At Essentia Health, we’re committed to supporting your well-being, growth, and work-life balance. Our comprehensive benefits include medical, dental, vision, life, and disability insurance, along with supplemental options to fit your needs. We offer a 401(k) plan with employer contributions to help you plan for the future, and we invest in your professional development through training, tuition reimbursement, and educational programs. To help you thrive both at work and at home, we provide flexible scheduling, generous time off, and wellness resources focused on your physical, mental, and emotional health. Please note that benefit eligibility may vary. For full details, refer to your benefit summary or contact our HR Service Center at [phone].