Humera - Administrative and Professional Staffing

Inventory Analyst I

Minneapolis, MN, United States
Contact For Rate
Jul 31, 2017
Aug 05, 2017
Job Type
Employment Status
Full Time
Humera is looking for Inventory Product and Flow Analysts to work in Minneapolis. This role will be responsible for supporting the inventory management processes to achieve the Supply Chain Management (SCM) goals and objectives of the organization. This is a contract to hire position.
This person will assist in managing all official inventory locations and kanban inventory replenishment system throughout the organization. You will also identify metrics to ensure sustainability and assist with inventory reduction goals.You will also identify opportunities for process improvement, improving customer service, assisting in the development of key reporting tools, and playing a key/lead role in establishing a robust inventory management system.
  • Maintain and update inventory records including creating efficient and accurate management procedures.
  • Insures that all daily activities necessary to maintain effective inventory management procedures are performed.
  • Make recommendations to the Inventory & Planning Manager on programs to improve the management of inventory, including how to prevent loss.
  • Plan and implement a recoup program to ensure all damaged/defective products are accounted for and properly handled including maintaining records to accurately track recouped products.
  • Develop procedures to monitor and control products with a shelf life to insure that expiring products are kept to a minimum and promptly removed for active inventory.
  • Oversee the inventory quality and accuracy assurance programs, including weekly and monthly reports.
  • Develop ongoing programs to identify and reduce or eliminate all slow moving/obsolete inventory items.
  • Conduct, as necessary, any to locate products within the system. Control, administer and correct/prevent all inventory adjustments when there are discrepancies between actual product and records.
  • Develop a program to audit returns and move product to its proper location. When necessary, process proper documentation to generate a prompt credit transaction. Takes appropriate action on product that is not in saleable condition.
  • Implement weekly cycle count program and make all system adjustments as necessary.
  • Develop all necessary reports and documentation to facilitate accurate inventory counts including records of all audits, counts and adjustments. Complete, issue and maintain all necessary records and reports to insure inventory accuracy and integrity.
  • Assists in the development of an inventory management plan for the entire organization with aggressive goals to achieve inventory reductions.
  • Monitors inventory levels through report tools to identify and take corrective action on matters relating to potential inventory shortages, stock-outs, manufacturer backorders, or any customer related issue that may exist.
  • Participates in continuous quality improvement initiatives and participates in productivity improvement events. Makes recommendations.
  • Perform additional related duties or activities as assigned.

  • Associate degree in business or related field
  • Five years' experience in managing inventory
  • An approved equivalent combination of education and experience.
    Knowledge/ Skills/Abilities
  • Advanced proficiency in Microsoft applications: Excel, Word, Outlook, Access, and Visio.
  • Knowledge of ERP and/or MISS systems; specifically PeopleSoft
  • Experience with Lean methodology and other process improvement principles
  • Ability to communicate effectively both verbal and written in a clear-concise manner.
  • Strong analytical skills.
  • Strong project management skills including the ability to plan, organize, and complete work projects in a cross-functional team setting.
  • Ability to form and maintain strategic alliances (internal and external).
  • Strong presence of command and influence.
  • Deadline-oriented with the ability to manage competing priorities under pressure.
  • Strong relationship management skills with the ability to gain buy-in from employees not directly under his/her span of control.
    Preferred Qualifications
  • Bachelor's Degree in business administration, finance, supply chain or a closely related field
  • Seven plus years of experience in Supply Chain Management, Inventory Management, Strategic Sourcing, or Purchasing
  • Professional certification preferred, i.e., CMRP, CPM, CPSM, or CPIM
  • Experience working in a hospital supply chain management department
  • Experience of building an inventory management system