Inventory Specialist I

Ebenezer; Minneapolis (MN); On-site; USD 40,000 - 70,000; Full time

Job summary

An established industry player is seeking an Inventory Specialist I to oversee and optimize inventory levels of stock and nonstock supplies. This role involves analyzing inventory data, maintaining accurate records, and collaborating with various stakeholders to improve efficiency in inventory management. The ideal candidate will have a strong background in inventory control and healthcare, with the ability to lead and communicate effectively. Join a dynamic team dedicated to enhancing operational excellence and ensuring the highest standards of service in inventory management.

Qualifications

• 1 year inventory management or 2 years in healthcare with medical products required.
• Preferred: Certification in inventory control and 2 years in healthcare.

Responsibilities

• Manage and revise inventory levels, ensuring efficiency and compliance.
• Analyze data to recommend improvements in inventory management.
• Collaborate with stakeholders to enhance inventory processes.

Skills

Inventory Management

Data Analysis

Leadership

Communication

Process Improvement

Education

Bachelor’s Degree in Supply Chain, Logistics, Business, Nursing or Related field

Tools

MMIS

Inventory Computer Systems

Job description

Job Overview

The Inventory Specialist I is responsible for the adjustment of inventory levels of stock and nonstock supplies/equipment/linen. Analyze and monitor inventory levels. Consider labor and acquisition costs in resolving appropriate par levels for efficient inventory management. Maintain, verify and update receiving and distribution records and supplies. Provide communication to all customers regarding changes and updates to product descriptions, number, and units of measure, stock additions and deletions. Provide strong leadership in guiding and supporting department managers in appropriate inventory control to manage costs and meet department fluctuations. Works directly with vendors, suppliers, front line staff, customers, and managers. Serve as subject matter authority on Inventory and Procurement portions of MMIS. Recommend process improvements.

• Manage/direct/revise inventory levels throughout the site
• Analyze and monitor inventory levels on regular basis
• Authorize volume purchases
• Maintain proper inventory levels and adjust order quantities on inventory computer systems
• Manage, plan, coordinate and monitor cycle counts and inventories
• Reconcile inventory variances
• Initiate measures to change par levels when needed
• Differentiate between routine supply usage and special cause usage
• Analyze and monitor data reports and develop individualized recommendations for clinic managers
• Measure and monitor data for process improvement
• Identify and communicate opportunities to improve efficiency of inventory management
• Maintain accurate inventory control reports for department managers
• Maintain, verify and update receiving and distribution records
• Coordinates customer needs for specific products not established in MMIS
• Submits new product requests through established processes while adhering to policy
• Regulatory Compliance
• Facilitates product recalls and returns
• Collaborate with stakeholders regarding inventory data, and recommend opportunities for standardization or improvement
• Establish and monitor data for process improvement
• Assess unit needs and recommend adjustments in par levels and/or variety of product
• Collaborate with Managers to identify acceptable product substitutions
• Change department profiles in collaboration with Manager and front line staff
• Perform daily business functions of Supply Chain
• Meet customer needs by placing and expediting orders
• Perform invoice resolution
• Receive online orders and reconcile receiving discrepancies
• Manages consignment inventory
• Maintain a clean and professional work area
• Generate needed stickers and labels and maintain accuracy
• Minimizes expired products
• Support and meet customer needs
• May assist with stocking
• May perform cycle counting
• Maintains knowledge of, and complies with, all relevant laws, regulations, policies, procedures and standards
• Actively participates in creating and implementing improvements
• Performs other responsibilities as needed/assigned

Required Qualifications:

• 1 year inventory management or 2 years in healthcare working with medical product required

Preferred Qualifications:

• Bachelor’s Degree in Supply Chain, Logistics, Business, Nursing or Related field preferred
• American Production and Inventory Control Society, Certified Maintenance and Reliability Professional, Lean, Value Analysis preferred
• Certified Maintenance Reliability Professional preferred
• 2 years inventory management in healthcare preferred