Abbott

Inventory Analyst

Abbott • $61K — $122K *
Austin, TX 78745In-Person
Healthcare
Less than 5 years of experience
Reposted Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Management, or related field or equivalent work experience.
  • 2-4 years relevant experience in inventory management or supply chain operations.
  • Intermediate skills in Microsoft Excel and familiarity with SAP/Business Objects preferred.
  • Strong communication abilities for effective interaction at all organizational levels.
  • Proven organizational skills with attention to detail and ability to meet deadlines.

Responsibilities

  • Manage field inventory flow between distribution centers and accounts.
  • Optimize inventory levels while minimizing expenses related to scrap and freight.
  • Collaborate with sales and leadership to ensure alignment on inventory processes.
  • Conduct field visits to understand business needs and current inventory challenges.
  • Monitor and enforce consignment return policies for sales representatives.
  • Extract and analyze inventory data to manage stock rotation and reporting.
  • Support company initiatives in compliance with regulatory requirements.

Benefits

  • Collaborative work environment with cross-functional teams.
  • Opportunities for training and professional development.
  • Involvement in innovative cardiac technology projects.
  • Consistent engagement with internal teams and stakeholders.
  • Chance to influence supply chain efficiencies and customer service levels.
Full Job Description
JOB DESCRIPTION:

This position works out of our Austin, TX location in the Cardiac Rhythm Management division.

As a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats.

We are seeking a high caliber US Field Inventory Analyst II. Working under general supervision and in partnership with the supply chain, commercial, and customer service teams, this role is responsible for managing inventory within the US field. Responsible for the efficient flow of inventory between the distribution center and accounts, in alignment with customer needs and organizational policies. This role will proactively monitor and analyze field inventory to ensure optimization as well as adherence to the US field inventory policy. The focus is driving measurable cost-efficiency improvements (Inventory Levels, Scrap and Freight) while improving service levels. This role also interprets and implements USD specific policies and procedures to accomplish assignments.

What You'll Work On
  • In conjunction with the Supply Chain and Customer Service groups execute processes and develop tools to manage field inventory. This includes transactional processes, documentation and reporting, training and supporting application tools.
  • Focus on optimizing inventory levels and minimizing expenses (scrap and freight).
  • Partner with sales management, sales representatives, and internal leadership to ensure cross-functional buy-in and alignment on execution of consignment inventory target setting, rerouting of product and successful execution of phase-in/phase-out projects.
  • Regularly spends time in field with sales personnel to understand business needs and see current state firsthand.
  • Ensures sales representatives are informed of consignment return procedures and organizational policies and processes associated with inventory management.
  • Proactively monitors and maintains inventory in partnership with the sales team and internal parties.
  • Implements Use Before Date policies, including field notification and commission adjustments. Generates report to summarize stock rotation and updates USD sales management.
  • Resolves errors and/or discrepancies within regard to inventory with customer service and distribution teams, and with customers as needed.
  • Extracts data from internal systems to create various excel spreadsheets used to identify inventory management, expired inventory, stock rotation initiatives, and other inventory/stocking issues. Ensures the accuracy and completeness of the information that is entered in the ERP system.
  • Utilize problem solving techniques when handling interaction with sales reps, sales managers, and customers. Ability to negotiate to consensus.
  • Responsible for coordinating cycle counts activities with the Sales Representatives. May research and resolve various discrepancies that arise in the cycle counts reports.
  • Support all Company initiatives as identified by management and in support of Quality Management Systems (QMS), Environmental Management Systems (EMS), and other regulatory requirements.
  • Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments. Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.
  • Performs other related duties and responsibilities, on occasion, as assigned.


EDUCATION AND EXPERIENCE YOU'LL BRING

Required Qualifications and Experience:
  • Bachelor's degree (± 16 years) BA, BBA, or BS OR an equivalent combination of education and work experience.
  • Minimum 2 - 4 years relevant experience.


Preferred Qualifications:
  • Demonstrated ability to perform intermediate capability in Microsoft Excel and SAP/Business Objects strongly preferred.
  • Ability to work within a team and as an individual contributor in a fast-paced, changing environment.
  • Ability to leverage and/or engage others to accomplish projects.
  • Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.
  • Multitasks, prioritizes and meets deadlines in timely manner.
  • Strong organizational and follow-up skills, as well as attention to detail.
  • Ability to travel
  • Ability to maintain regular and predictable attendance.
  • Experience working in a broader enterprise/cross-division business unit model preferred.
  • Knowledge of an Enterprise Resource Planning (ERP) system or Material Requirements Planning (MRP) preferred.


The base pay for this position is
$61,300.00 - $122,700.00
In specific locations, the pay range may vary from the range posted.

JOB FAMILY:
Supply Chain

DIVISION:
CRM Cardiac Rhythm Management

LOCATION:
United States > Austin : 8701 Bee Caves Rd

ADDITIONAL LOCATIONS:

WORK SHIFT:
Standard

TRAVEL:
Yes, 5 % of the Time

MEDICAL SURVEILLANCE:
Not Applicable

SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

About Abbott

Abbott Careers

Joining Abbott means becoming part of a globally diverse team dedicated to making a lasting impact on human health. As a leader in healthcare innovation, Abbott provides a dynamic workplace where careers flourish through growth, leadership, and diversity training.

Opportunities at Abbott

Explore a world of opportunities with our team. Whether you're seeking job opportunities in engineering, marketing, research, or healthcare, Abbott offers a variety of positions that allow professionals to grow their careers. Our commitment to diversity and innovation is evident in every aspect of our work, fostering an inclusive culture that values each team member's contribution.

Work You'll Do

At Abbott, every role contributes to our mission of helping people live fuller lives through better health. From groundbreaking research in medical devices to advancements in pharmaceuticals, our team is at the forefront of healthcare innovation. By joining Abbott, you are not just accepting a job; you are embarking on a path of professional and personal growth.

Internship Programs

Kickstart your career with an Abbott internship. Our programs provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at Abbott work on projects that matter, gaining the experience and knowledge necessary to succeed in their future careers.

Professional Development

Abbott is dedicated to the continuous professional development of its employees. With access to cutting-edge technology, leadership programs, and diversity training, our team members are equipped to lead and innovate within the healthcare industry. We support your career journey with robust training programs, mentorship, and opportunities for networking and professional growth.

Benefits and Culture

Our employees enjoy comprehensive benefits designed to support their life and well-being. From health insurance to retirement plans, we ensure our team has everything they need to thrive. Abbott's culture is built on a foundation of respect and integrity, united by a shared commitment to improving health outcomes.

Join Our Team

Discover the impact you can make with a career at Abbott. We are hiring individuals who are passionate, curious, and driven to lead. Search open positions that match your skills and interests on our Jobs page. Prepare your resume, sharpen your interview skills, and get ready to join a team that's at the cutting edge of healthcare solutions.

Stay Connected

Keep up to date with career tips, industry insights, and company news—all from the people who work here. Subscribe to our Careers Blog and personalize your subscription to receive job alerts and insider tips tailored to your preferences.

Explore Abbott

With a commitment to improving life through innovation, leadership, and diversity, Abbott is a place where you can fulfill your potential. See what exciting and rewarding opportunities await at Abbott by exploring our career opportunities today.

SEARCH ABBOTT JOBS

Join us in our mission to make the world a healthier place through innovation, leadership, and diversity. Your journey to a fulfilling career at Abbott starts here.
Learn more about Abbott
Size
113,000 employees
Market Cap
$189 billion
Industry
Healthcare
Net Income
$4.4 billion
Founded
1944
5 Year Trend
+15.6%
Revenue
$34.6 billion
NASDAQ
ABT
* Ladders Estimates

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