Senior Inventory Manager

Come join Millstone Medical and become part of a high growth company where you will have the opportunity to learn and grow in an employee-centric culture and see the importance of your work! Millstone is a fast growing, fast paced medical service provider for the top Orthopedic companies in the industry. Millstone’s business focus is sterile and non-sterile packaging of medical devices. Millstone also engages in other activities, such as mechanical inspection and assembly, which are designed to meet the outsourcing requirements of medical device manufacturers seeking to reduce costs while maintaining high levels of quality, accuracy, and timeliness. We are FDA and ISO registered and employ a detailed internal quality system to ensure ISO compliance. What's in it for you? A company committed to quality, growth, career pathing. At Millstone, we want you to be your best at work and at home. In addition to competitive compensation, we have designed our Total Rewards Benefits Program to support the physical and emotional well-being of our employees and their families. Total Rewards Benefits Program Medical - Starting on the 1st day of employment Dental - Starting on the 1st day of employment Vision - Starting on the 1st day of employment Supplemental Benefits - Life, Disability, Critical Illness Paid Time Off Tuition Reimbursement Career Pathing 401(k) with match Millstone Medical Outsourcing is seeking an experienced and results-driven Sr. Inventory Manager to lead inventory operations at our Olive Branch facility. This role oversees inventory accuracy, controls, and replenishment while driving operational efficiency, cost reduction, team development, and continuous improvement in compliance with FDA regulations, ISO 13485, and MMO's Quality Management System (QMS). Key Responsibilities Strategic Inventory Management, Control & Warehouse Optimization Develop and lead inventory strategies to maintain 99% or greater accuracy while supporting business objectives and operational needs. Establish inventory controls, procedures, and accountability measures to ensure accurate tracking, documentation, and product traceability. Oversee inventory transactions, lot/serial numbers, UDI, expiration dates, and controls for quarantined, recalled, and nonconforming products. Ensure accurate reconciliation of WMS, ERP, and physical inventory records while investigating and resolving discrepancies. Oversee receiving, put-away, storage, inventory flow, and warehouse space utilization, ensuring inventory is processed within 24 hours of receipt. Manage raw materials and consumables, ensuring availability through effective forecasting, replenishment, and inventory control systems. Implement efficient storage, slotting, Kanban, and FEFO practices to improve material availability and reduce waste. Partner with Purchasing, Planning, Receiving, and Operations to improve inventory flow, supplier performance, and cost management. Monitor inventory KPIs, identify improvement opportunities, reduce carrying costs, and drive operational efficiency. Customer-Owned Inventory Management Maintain accurate accountability and visibility of customer-owned inventory, ensuring clear separation from company-owned materials. Oversee the disposition of customer-owned inventory, including scrap, returns, and other approved dispositions, within the established 30-day timeframe. Ensure all customer inventory dispositions are properly authorized, documented, and completed in accordance with customer agreements and internal procedures. Partner with Customer Service, Quality, and Operations to resolve customer inventory discrepancies and disposition issues. Identify inventory that is obsolete, excess, damaged, or inactive and coordinate appropriate action with the applicable customer and internal departments. Inventory Audits, Cycle Counts & Physical Inventories Develop, implement, and maintain a structured cycle-count program based on inventory value, movement, risk, and operati…

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