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Field Inventory Analyst II - Hybrid/Arden Hills, Minnesota

Boston Scientific
Arden Hills, United Statesfull_timeVerifiedPosted 2 Oct 2024

About the role

Additional Location(s):  N/A

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.                


Field Inventory Analyst II
 

About the Role:
 

At Boston Scientific, the Field Inventory Analyst II will support the field inventory team by providing a comprehensive review of the franchise and managing the field inventory master data to ensure accuracy across financial systems. Responsibilities include conducting quantitative business analysis, performing cause-and-effect analysis to develop actionable solutions, and managing consignment inventory. The role requires close collaboration with key business partners, field sales organizations, and sales leadership.


Your Responsibilities Include:
 

  • Non-Rev Forecasting: Develop and manage forecasts for non-revenue generating activities within the US Interventional Cardiology, Watchman, and Structural Heart franchises.
  • Annual Operating Plan Support: Provide inventory trend analysis and investment projections, including field inventory scrap as a percent of revenue.
  • Launch Planning & Strategy: Collaborate cross functionally to create consignment strategies for new products and predict the impact on legacy investments (End-of-Life). Track performance, identify trends, and adjust plans to achieve business and inventory objectives.
  • Field Inventory Monitoring: Identify opportunities within field inventory, develop initiatives to address them, and communicate with cross-functional leadership to gain support.
  • Leadership Performance Reviews: Support field inventory content creation
  • Continuous Improvement: Seek opportunities for improvement in areas such as working capital, cost avoidance, and direct labor. Lead projects to manage value improvement initiatives.
  • Product Ownership: Create and maintain reports and tools to support the field inventory team and key business partners. Emphasize automation and accuracy to drive efficiency and effectiveness.
  • Cycle Counts: Support the annual cycle count process through data preparation, validation, and reporting, culminating in a debrief with finance leadership.
  • Cross-Functional Projects: Support cross-functional projects as the field inventory expert.


What We’re Looking For:
 

Required Qualifications:
 

  • 2-4 years of related experience
  • Bachelor’s degree in Business, Supply Chain, Finance, or related field
  • Proficient in Microsoft Office (Expert in Excel modeling), Salesforce, Tableau, and Power BI
  • Strong written and verbal communication
  • Detail-oriented and organized.
  • Ability to multitask and prioritize.
  • Ability to voice unpopular opinions when necessary.
  • Passion for continuous improvement


Preferred Qualifications:
 

  • Inventory or medical device background.
  • Demand planning
     

Requisition ID: 592065


As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citize

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Company

Boston Scientific

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