Field Inventory Analyst

7 months ago

Somerset, United States Terumo Medical Corporation Full time

Job Title: Field Inventory Analyst

Job Summary

Assist in the management of inventory of Terumo Interventional Systems (TIS), Terumo Canada (TMCI) and Terumo Aortic (TA) products through various sales and distribution channels, primarily Field and Consignment based. Ensure effective utilization of assets and compliance with terms of the agreements as well as compliance with policies and procedures. Analyze product turnover to determine optimal stock rotation to reduce losses from expiry and maximize ROI. Review operational processes and data to identify opportunities for improvement.

Job Details/Responsibilities

  1. Associate is responsible to follow requirements of TMC Quality System; including but not limited to requirements for traceability of product, recognizing customer complaints and the requirement to forward information to Quality Assurance.
  2. Participates to provide ideas, methods, or processes for improvement by unit/company performance.
  3. Assist with inventory covered by consignment agreements and field Inventory policy and ensure compliance within the terms of the agreements as well as effective utilization and tracking of Company assets.
  4. Collaborate with Sales Territory Managers to ensure consignment and field inventory policies are enforced. Resolve issues related to lost, damaged or expired consigned inventory.
  5. Performs cycle count programs for consigned and representative based inventories. Collaborate with Territory Managers and Finance to investigate and reconcile variances and document results.
  6. Manage and analyze inventory utilization and recommend par levels for existing and potential new inventory locations.
  7. Lead strategic analyses and inventory reporting to support business unit and corporate objectives.
  8. Provides data analysis for production planning and volume studies.
  9. Develop, analyze, interpret and act upon short, medium- and long-term forecast models.

Job Responsibilities (continued)

  1. Provide guidance and training on policies and procedures, both initial and continuous, to internal and external parties responsible for carrying inventory.
  2. Participate in continuous improvement projects.
  3. Develop relevant inventory performance metrics and measures and prepares detailed month-end reports for management.
  4. Ensure integrity of field inventory and consignment systems.
  5. Organizes and handles a variety of logistics issues in manufacturing/contract manufacturing environment.
  6. Additional responsibilities include but are not limited to supply chain services, inventory control, critical parts availability, material handling, import-export licensing, shipment of products, and third-party warehousing.
  7. Serve as liaison between sales and operations teams to develop concepts and coordinate product knowledge.
  8. Demonstrate a commitment to patient safety and product quality by maintaining compliance with all TMC Quality Systems requirements. This includes but is not limited to the prompt recognition and forwarding of customer complaints (i.e. adverse events, product performance reports, etc.) to Quality Assurance (QA), and by ensuring all promotional messaging (i.e. branding strategies, product claims, etc.) and materials (i.e. literature) discussed or presented to customers are clinically accurate and adhere to AdvaMed guidelines and Terumo's policy on Interactions with Healthcare Professionals.

  1. Assists with other general accounting projects as needed. Perform other job-related duties as assigned.

Knowledge, Skills and Abilities (KSA)

  • Strong analytical aptitude with the proven ability to analyze and interpret data.
  • Previous exposure to and an understanding of the supply chain and logistics environment.
  • Exceptional written and verbal communication skills and a natural inclination towards process improvement are imperative.
  • Demonstrated creative thinking skills with emphasis on developing innovative solutions to complex problems. Must be able to identify and resolve problems with focus on prevention.
  • Experience with field-based inventory, both consignment and representative based and associated processes in the medical device or pharmaceutical space.
  • Must be able to handle a high volume of work in a fast-paced environment while performing work accurately under time constraints.
  • Must be able to work in a team environment.
  • Proficient working with Microsoft Office Professional (Excel, Word & PowerPoint).

Qualifications/ Background Experiences

  • Requires a bachelors degree, preferably in a financial discipline, and a minimum of 5 years of experience in inventory management, inventory control or supply chain functions; or equivalent combination of education, training and experience.
  • Experience with ERP systems, logistical systems and standard operating procedures are required.
  • Experience with SAP is preferred.

  • Field Inventory Analyst

    1 month ago

    Somerset, United States Terumo Full time

    Job Summary Assist in the management of inventory of Terumo Interventional Systems (TIS), Terumo Canada (TMCI) and Terumo Aortic (TA) products through various sales and distribution channels, primarily Field and Consignment based. Ensure effective utilization of assets and compliance with terms of the agreements as well as compliance with policies and...

  • Field Inventory Specialist

    2 months ago

    Somerset, United States Terumo Medical Corporation Full time

    Field Inventory Specialist Date: Nov 28, 2024 Req ID: 3624 Location: Somerset, NJ, US, 08873 Company: Terumo Medical Corporation Department: Field Inventory Management Job Summary Field Inventory Specialist will assist in the management and control of inventory through various sales and distribution channels, including field inventory-based modes, to...

  • Field Inventory Specialist

    2 weeks ago

    Somerset, United States Terumo Medical Corporation Full time

    Field Inventory Specialist Date: Dec 27, 2024 Req ID: 3624 Location: Somerset, NJ, US, 08873 Company: Terumo Medical Corporation Department: Field Inventory Management Job Summary Field Inventory Specialist will assist in the management and control of inventory through various sales and distribution channels, including field inventory-based modes, to...

  • Field Inventory Specialist

    2 weeks ago

    Somerset, United States Terumo Medical Corporation Full time

    Job SummaryField Inventory Specialist will assist in the management and control of inventory through various sales and distribution channels, including field inventory-based modes, to include loaners, consignment, trunk stock. Field Inventory Specialist will ensure effective utilization of assets and compliance with terms of agreements as well as compliance...

  • Field Inventory Specialist

    6 months ago

    Somerset, United States Terumo Medical Corporation Full time

    Job SummaryField Inventory Specialist will assist in the management and control of inventory through various sales and distribution channels, including field inventory-based modes, to include loaners, consignment, trunk stock. Field Inventory Specialist will ensure effective utilization of assets and compliance with terms of agreements as well as compliance...

  • Field Inventory Operations Manager

    4 weeks ago

    Somerset, New Jersey, United States Terumo Medical Corporation Full time

    Job OverviewWe are seeking a highly experienced Field Inventory Operations Manager to join our team at Terumo Medical Corporation. As a Field Inventory Operations Manager, you will be responsible for leading our field inventory operations, including managing inventory levels, developing inventory management processes, and collaborating with cross-functional...

  • Jewelry Inventory Specialist

    3 weeks ago

    Somerset, United States Venus Jewelers & Gemologists Inc Full time

    Are you looking for a challenging role that combines your passion for fine jewelry and technology?About the RoleVenus Jewelers & Gemologists Inc is seeking a highly skilled Jewelry Inventory Administrator/Social Media Specialist to join our team. This dynamic position offers a unique blend of administrative, sales, and marketing responsibilities.In this...

  • Shipping and Inventory Specialist

    2 weeks ago

    Somerset, New Jersey, United States AXNY Group Full time

    Job SummaryWe are seeking a highly organized and detail-focused Shipping and Inventory Specialist to join our team at AXNY Group. As a key member of our logistics operations, you will be responsible for managing shipping schedules, monitoring inventory levels, and ensuring compliance with shipping regulations.Responsibilities:Shipment CoordinationOversee...

  • Inventory Specialist with Global Reach

    2 days ago

    Somerset, United States Top Group Full time

    Job Title: Inventory SpecialistLocation: Various locations worldwideJob Type: Full-timeAbout UsTop Group is a global staffing agency specializing in Japanese-related talent solutions. Our mission is to connect people to careers and professional growth opportunities.Job DescriptionAs an Inventory Specialist, you will be responsible for managing inventory...

  • Supply Chain Optimization Analyst

    3 weeks ago

    Somerset, New Jersey, United States Terumo Medical Corporation Full time

    Job Summary: Supply Chain Optimization AnalystWe are seeking a highly skilled Supply Chain Optimization Analyst to join our team at Terumo Medical Corporation. As a Supply Chain Optimization Analyst, you will be responsible for analyzing data to identify trends and areas for improvement, developing and implementing reports to track key performance...

  • Treasury Analyst

    6 days ago

    Somerset, United States Terumo Medical Corporation Full time

    Treasury Analyst Date: Dec 29, 2024 Req ID: 3767 Location: Somerset, NJ, US, 08873 Company: Terumo Americas Holding, Inc. Department: TAH Group Treasury Job Summary This position will report to the Director of TAH Group Treasury. The individual will be responsible for supporting the Treasury function and TAH affiliates in relation to all banking...

  • IT Field Technician

    3 weeks ago

    Somerset, United States F2Onsite Full time

    About the RoleWe are seeking a skilled IT Field Technician to join our team at F2 OnSite. As an IT Field Technician, you will be responsible for providing hardware break-fix services, migrating data, installing computers, moving printers, and fixing servers and point-of-sale systems.Key Responsibilities:Monitor and manage service tickets in Service NOWManage...

  • Inventory Management Specialist

    2 weeks ago

    Somerset, United States Top Group Full time

    Job DetailsWe're looking for a highly skilled Warehouse Clerk to join our team at Top Group. This role requires excellent organizational skills, attention to detail, and a strong commitment to customer satisfaction.Key Responsibilities:Manage warehouse supplies, including purchasing and processing invoices.Conduct regular stock checks, maintaining accurate...

  • Supply Chain Optimization Analyst

    4 weeks ago

    Somerset, New Jersey, United States Terumo Medical Corporation Full time

    Job Title: Supply Chain Optimization AnalystWe are looking for a talented Supply Chain Optimization Analyst to join our team at Terumo Medical Corporation. As a Supply Chain Optimization Analyst, you will be responsible for analyzing and improving our supply chain operations to increase efficiency and reduce costs.Key Responsibilities:Analyze data to...

  • Treasury Analyst

    2 months ago

    Somerset, United States Terumo Full time

    Job Summary This position will report to the Director of TAH Group Treasury. The individual will be responsible for supporting the Treasury function and TAH affiliates in relation to all banking matters. The individual will support Senior Treasury Analysts or Treasury Managers in data collection and organization for accurate cash forecasting, foreign...

  • Treasury Analyst

    2 weeks ago

    Somerset, United States Terumo Medical Corporation Full time

    Job SummaryThis position will report to the Director of TAH Group Treasury. The individual will be responsible for supporting the Treasury function and TAH affiliates in relation to all banking matters. The individual will support Senior Treasury Analysts or Treasury Managers in data collection and organization for accurate cash forecasting, foreign currency...

  • Treasury Analyst

    4 months ago

    Somerset, United States Terumo Medical Corporation Full time

    Job SummaryThis position will report to the Director of TAH Group Treasury. The individual will be responsible for supporting the Treasury function and TAH affiliates in relation to all banking matters. The individual will support Senior Treasury Analysts or Treasury Managers in data collection and organization for accurate cash forecasting, foreign currency...

  • BSA/AML/CFT Analyst

    7 days ago

    Somerset, United States Somerset Trust CO Full time

    DescriptionSUMMARY The BSA Analyst will support the Bank's Bank Secrecy Act (BSA), Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) program by adhering to policies, procedures, and controls, as well as assist in the detection and prevention of money laundering and suspicious activity. The BSA Analyst will be responsible for conducting...

  • Payroll Analyst

    7 days ago

    Somerset, United States A.P.R., Inc. (AlphaProTemps) Full time

    Job DescriptionJob DescriptionPosition: Payroll AnalystLocation: REMOTE POSITION Contract Position on W2 (USC OR GC)SHIFT - MON-FRI 8:30AM - 4:30PM EST.DURATION - 3-6 MONTHS This position is directly responsible for supporting the U.S. Payroll Team in the efficient and timely completion of payroll processing, maintenance of employee tax withholding...

  • Sr Financial Analyst

    4 days ago

    Somerset, United States Oticon Full time

    Sr Financial Analyst - US WholesaleDepartment Demant Group Services FinanceJob Locations US-NJ-SomersetJob ID 2025-22642OverviewThis position is located in Somerset, NJ. You would be required to work on site on Tuesday and Thursday. When you become part of the Demant family, you also become part of our quest to make a life-changing difference for over...