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Inventory Analyst

Stryker
3 hours ago
Full-time
On-site
Portage, MI, United States
LinkedIn

What You Will Do – You will be responsible for monitoring and maintaining Finished Goods (FG) inventory levels for the organization in support of respective Business Units. You will collaborate with upstream and downstream process partners who impact inventory to ensure inventory levels are optimized to support business needs and compliance with corporate policy. You will monitor key business performance indicators and proactively identify inventory risks and opportunities to support supply continuity and business performance. Utilize data collection and planning systems, including SAP IBP and PFEP (Plan for Every Part), to collect, monitor, analyze, plan, and report on inventory health. Support the inventory planning process and establishment of safety stock levels, partnering with Demand Planning, Supply Planning, and functional stakeholders to align inventory parameters with business needs. Enhance, develop, and implement inventory programs designed to improve supply continuity and optimize inventory across supply and demand planning. Monitor, recommend, and influence disposition decisions on aged, excess, obsolete, overstocked, and stagnant inventory, identifying root causes and driving appropriate stakeholder actions. Use advanced analytical skills to create, sustain, and enhance inventory KPIs to improve overall supply chain health and provide greater inventory visibility and traceability to business partners. Identify process gaps and drive solutions by serving as project manager or key participant in continuous improvement initiatives. Represent the inventory planning process within Stryker's IBP and Supply Planning forums, demonstrating thought leadership, creative problem solving, and the ability to communicate and escalate issues as needed. Serve as a key contact within commercial inventory planning for BU VP/GM, Marketing, Sales, Finance, Demand Planning, Supply Planning, and other cross-functional business partners for matters concerning commercial inventory. Own recurring inventory reporting, meetings, stakeholder follow-ups, and action tracking to drive progress toward inventory targets. Use data and inventory-planning principles to develop recommendations and influence cross-functional partners, including situations where the role does not have direct decision-making authority. Communicate inventory insights and recommendations clearly to stakeholders and leadership through presentations, reporting, and business reviews. Required – Bachelors Degree 0+ years of experience Preferred – Supply Chain degree Supply, Demand and/or Inventory planning experience SAP, IBP Microsoft $62,400 - $87,900 USD Annual Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance. Stryker offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.

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