Analyst, Excess and Obsolete Inventory
Owens & MinorAbout the role
Owens & Minor is a global healthcare solutions company providing essential products, services and technology solutions that support care delivery in leading hospitals, health systems and research centers around the world. For over 140 years, Owens & Minor has delivered comfort and confidence behind the scenes, so healthcare stays at the forefront, helping to make each day better for the hospitals, healthcare partners, and communities we serve. Powered by more than 14,000 teammates worldwide, Owens & Minor exists because every day, everywhere, Life Takes Care™.
Global Reach with a Local Touch
140+ years serving healthcare
Over 14,000 teammates worldwide
Serving healthcare partners in 80 countries
Manufacturing facilities in the U.S., Honduras, Mexico, Thailand and Ireland
40+ distribution centers
Portfolio of 300 propriety and branded product offerings
1,000 branded medical product suppliers
4,000 healthcare partners served
Benefits
Comprehensive Healthcare Plan - Medical, dental, and vision plans start on day one of employment for full-time teammates.
Educational Assistance - We offer educational assistance to all eligible teammates enrolled in an approved, accredited collegiate program.
Employer-Paid Life Insurance and Disability - We offer employer-paid life insurance and disability coverage.
Voluntary Supplemental Programs – We offer additional options to secure your financial future including supplemental life, hospitalization, critical illness, and other insurance programs.
Support for your Growing Family – Adoption assistance, fertility benefits (in medical plan) and parental leave are available for teammates planning for a family.
Health Savings Account (HSA) and 401(k) - We offer these voluntary financial programs to help teammates prepare for their future, as well as other voluntary benefits.
Paid Leave - In addition to sick days and short-term leave, we offer holidays, vacation days, personal days, and additional types of leave – including parental leave.
Well-Being – Also included in our offering is a Teammate Assistance Program (TAP), Calm Health, Cancer Resources Services, and discount programs – all at no cost to you.
Job Description: The Excess and Obsolete Inventory team is responsible for working with cross functional teams (DC Operations, Inventory Control, Finance, Sales, Marketing, Supply Operations, Supply Planning and Demand Planning) to identify and reduce excess Medical Distribution and Global Products inventory. The Excess and Obsolete Inventory Analyst will play a key role in executing a continual E&O Process which will require feedback and action planning from multiple owners to eliminate unproductive inventory. The role will utilize reports, systems and analytics to identify categories of excess and root cause, then take steps to eliminate proactively or develop new processes to remove future risk. Manages excess down to an item/DC level. Executes plans to hit strategic initiatives and goals.
The anticipated pay range for this role is as follows: $95k-$105k annually. The actual compensation offered may vary based on job related factors such as experience, skills, education and location.
Core Responsibilities:
Support the Excess and Obsolete monthly process by using reports and systems to identify and root cause address excess inventory. Take actions to address or identify owners to resolve. Document action plans and follow up until the action is complete.
Analyze financial reserve list to recoup some monies by IBTing, selling, or returning inventory.
Be knowledgeable on any excess purchased through buy backs, forward buys, etc. and ensure there is an action plan and timeline to sell through. Follow up until the inventory is gone.
Investigate and understand the root causes of excess and work with team members to develop new processes that will proactively eliminate risk.
Assist in projects to move excess inventory. This includes but is not limited to selling to Alt Source providers, putting on Amazon Marketplace, giving to charitable organizations, selling in auctions etc. Follow up for full execution.
Evaluate and process returns or escalate return opportunities to the Supply Operations team or Supplier Relations.
Work to balance inventory through IBTs, look for opportunitie
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