Abbott

Sr. Inventory Analyst

Abbott$68K — $136K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Supply Chain, Business, Finance, Operations, or related field required.
  • Minimum 4+ years relevant experience in inventory management.
  • Intermediate proficiency in Microsoft Excel and familiarity with SAP/Business Objects preferred.
  • Strong verbal and written communication skills for effective interaction at multiple organizational levels.
  • Excellent organizational and attention to detail skills.

Responsibilities

  • Lead development and improvement of field inventory management processes and tools.
  • Own strategies for optimizing inventory productivity while minimizing expenses.
  • Collaborate with sales management and leadership to set inventory targets and optimize initiatives.
  • Serve as primary contact for inventory management during new product launches.
  • Manage critical inventory-related projects for enhancements and automation.
  • Conduct cycle count programs, including planning and execution, to improve accuracy.
  • Spend time in the field to assess inventory practices and identify improvement opportunities.

Benefits

  • Career development opportunities with a focus on leadership initiatives.
  • Cross-functional collaboration within a global healthcare leader.
  • Work in a role with a measurable impact on cost-efficiency improvements.
  • Participate in innovative projects within the Cardiac Rhythm Management division.
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 Sr Inventory Analyst. The roles primary focus will be leading key initiatives to streamline field activities. These initiatives will have a measurable impact on field applied hours and cost burden while requiring leadership across many business functions. Working in partnership with the supply chain, commercial, and customer service teams, this role will also be 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
  • Lead the development, execution, and continuous improvement of field inventory management processes and tools in partnership with Supply Chain, Customer Service, Sales, and Commercial Leadership. This includes transactional processes, documentation, reporting, training, and support of inventory management applications.
  • Own inventory optimization strategies focused on improving inventory productivity while minimizing expenses, including scrap, excess inventory, and obsolescence.
  • Partner with sales management, sales representatives, and internal leadership to establish inventory targets and drive successful execution of inventory optimization initiatives, product rerouting, and phase-in/phase-out projects.
  • Serve as the primary inventory management point of contact for new product launches, collaborating cross-functionally to ensure inventory readiness, deployment strategies, and successful market introductions.
  • Lead critical inventory-related projects and continuous improvement initiatives, including cycle count process enhancements, scrap reduction efforts, automation opportunities, and inventory control improvements.
  • Lead the field cycle count program, including planning, execution, compliance monitoring, discrepancy resolution, reporting, and recommendations to improve inventory accuracy and accountability.
  • Spend time in the field with sales personnel to understand business needs, evaluate current inventory practices, identify improvement opportunities, and strengthen business partnerships.
  • Proactively monitor and maintain inventory levels in partnership with sales and internal stakeholders while providing data-driven recommendations to optimize inventory performance.
  • Ensure sales representatives are informed of inventory management policies, consignment return procedures, cycle count requirements, and organizational processes.
  • Implement Use Before Date (UBD) policies and inventory rotation initiatives, including field notifications, commission adjustments, reporting, and communication of inventory health metrics to sales leadership.
  • Develop, maintain, and analyze internal and external inventory reporting, including UBD compliance, cycle count performance, inventory health metrics, scrap reporting, inventory utilization, and executive-level dashboards.


EDUCATION AND EXPERIENCE YOU'LL BRING

Required Qualifications and Experience:
  • Bachelor's degree (± 16 years) in Supply Chain, Business, Finance, Operations, or a related field required
  • Minimum 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.
  • Strong organizational and follow-up skills, as well as attention to detail.
  • Ability to travel
  • 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
$68,000.00 - $136,000.00
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.

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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
Net Income
$4.4 billion
Founded
1944
5 Year Trend
+15.6%
Revenue
$34.6 billion
NASDAQ

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