Temp Field Inventory Analyst
Terumo Medical CorporationAbout the role
Terumo Medical Corporation (TMC) develops, manufactures, and markets a complete, solutions-based portfolio of high-quality medical devices used in a broad range of applications for numerous areas of the healthcare industry. TMC places a premium on providing customers with world-class products, training and education programs that drive clear economic value, better clinical outcomes and improved quality of life for patients. TMC is part of Tokyo-based Terumo Corporation; one of the world’s leading medical device manufacturers with $6+ billion in sales, 30,000+ employees worldwide and operations in more than 160 nations. Terumo Medical Corporation is comprised of two strategic business divisions: Terumo Interventional Systems and Terumo Medical Products.
We believe that the future is bright for everyone at Terumo. We work with the future in mind to generate lasting change, create a bigger impact and produce greater outcomes for today, and for decades to come.
At Terumo we believe in the power of personal growth and will encourage you to get in the driver's seat - progressing in the direction you want to go by deepening your skills throughout your career. We want you to be bold, think outside the box, experiment, innovate and deliver what's next for quality healthcare. You will be part of a collaborative, respectful and resilient team of associates and leaders around the world, working together as partners to achieve more than you thought possible, providing real-world, impactful solutions for patients.
Join us and help shape wherever we go next!
Advancing healthcare with heart
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
- 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.
- Participates to provide ideas, methods, or processes for improvement by unit/company performance.
- 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.
- Collaborate with Sales Territory Managers to ensure consignment and field inventory policies are enforced. Resolve issues related to lost, damaged or expired consigned inventory.
- Performs cycle count programs for consigned and representative based inventories. Collaborate with Territory Managers and Finance to investigate and reconcile variances and document results.
- Manage and analyze inventory utilization and recommend par levels for existing and potential new inventory locations.
- Lead strategic analyses and inventory reporting to support business unit and corporate objectives.
- Provides data analysis for production planning and volume studies.
- Develop, analyze, interpret and act upon short, medium- and long-term forecast models.
Job Responsibilities (continued)
- Provide guidance and training on policies and procedures, both initial and continuous, to internal and external parties responsible for carrying inventory.
- Participate in continuous improvement projects.
- Develop relevant inventory performance metrics and measures and prepares detailed month-end reports for management.
- Ensure integrity of field inventory and consignment systems.
- Organizes and handles a variety of logistics issues in manufacturing/contract manufacturing environment.
- 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.
- Serve as liaison between
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