Inventory Analyst

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Job description

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Medtronic is seeking an experienced and detail-oriented Inventory Analyst to join our dynamic team. In this role, you will play a crucial part in managing and optimizing inventory processes to support our mission of delivering life-changing technologies. The ideal candidate will be analytical, proactive, and possess strong problem-solving skills.

Key Responsibilities:

• Analyze inventory levels, trends, and usage to ensure optimal stock availability while minimizing excess.
• Develop and maintain inventory reports, dashboards, and metrics for performance monitoring.
• Collaborate with cross-functional teams, including supply chain, procurement, and operations, to align inventory strategies with business objectives.
• Conduct regular audits and cycle counts to maintain data accuracy and integrity.
• Identify and implement process improvements to enhance inventory management efficiency.
• Assist in forecasting inventory needs based on sales trends, new product launches, and seasonal fluctuations.
• Support compliance with regulatory standards and internal policies related to inventory management.
• Provide training and guidance to team members on best practices in inventory management.

Qualifications

Must Have: Minimum Requirements

• Bachelors degree required with a minimum of 2 years of relevant experience OR
• Advanced degree with 0 years of experience

Nice to Have

• Proficient in inventory management software and data analysis tools (e.g., Excel, ERP systems).
• Strong analytical skills with attention to detail and accuracy.
• Excellent communication and interpersonal skills, with the ability to work collaboratively in a team environment.
• Demonstrated problem-solving abilities and a proactive approach to challenges.
• Commitment to continuous improvement and professional development.

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

Salary ranges for U.S (excl. PR) locations (USD):$64,000 - $96,000

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

Medtronic benefits and compensation plans

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission - to alleviate pain, restore health, and extend life - unites a global team of 90,000+ passionate people.
We are engineers at heart- putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here .

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

At Medtronic, most positions are posted on our career site for 3-7 days.

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