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Senior Inventory Control Analyst

Treace
Ponte Vedra Beach, United Statesfull_timeVerifiedPosted 28 Mar 2024

About the role

Company Description

Treace’s mission is to be the leader in the surgical treatment of bunions by establishing the Lapiplasty® System as the standard of care. We are committed to operating our business with the highest standards of ethical conduct. We intend to exceed our customers’ expectations through an innovation-driven, high-velocity approach to solving treatment and surgical problems. With our products and services, our mission is to assist foot and ankle surgeons in improving patient outcomes and reducing healthcare costs, while providing rewarding experiences and opportunities for our employees and stakeholders.

Job Description

POSITION SUMMARY:

The Sr. Inventory Control Analyst is responsible for data analysis and metrics reporting of inventory in all areas of the business. This team member is responsible for maintaining and improving inventory tracking systems and preparing annual budgets and periodic forecasts of inventory and instrumentation. The Sr. Inventory Control Analyst will interact with almost every function and level of the business, including the Senior Leadership Team. This role will report to the Planning Manager.

PRIMARY DUTIES AND RESPONSIBILITIES:

  • Maintain and improve inventory tracking system for instrumentation to optimize inventory control and placement
  • Prepare annual budget requirements for instrumentation CapEx and inventory/DOH
  • Prepare monthly inventory, DOH, and cash flow forecasts
  • Prepare quarterly EOL and product expiration risk analyses and mitigate risk on revision and portfolio changes
  • Identify opportunities for process and metrics improvements to optimize inventory placement
  • Conduct daily analyses to forecast potential inventory issues and coordinates with all areas of the Company to resolve those issues with a high sense of urgency
  • Conduct ad-hoc analyses and build new analytics tools as required to help Operations evaluate optimization of OpEx, gross margin, and/or working capital
  • Perform other duties as required

Qualifications

KNOWLEDGE, SKILLS, AND ABILITIES:

  • Ability to think independently but work collaboratively with other independent thinking individuals/departments in order to attain overall corporate goals
  • A Continuous Improvement mindset with a desire to optimize and improve business processes
  • Excellent written and verbal communication skills
  • Exceptional organizational, analytical skills with strong detail orientation.
  • The ability to work cross functionally with other departments to meet inventory goals, including Customer Service, Operations, Finance, Quality, Sales, and Marketing
  • Advanced knowledge of spreadsheet (Excel), word processing, presentation, and relational database (PowerBI and/or Quickbase preferred) software within a Windows environment
  • Familiarity with ERP system use and structure (NetSuite preferred)
  • Financial acumen with an understanding of how Operations impacts financial statements, and how they can be optimized through analytics
  • The ability to distill complex analysis to effective presentations and influence effective decision making
  • Must be able to lift 40 pounds

EDUCATION & EXPERIENCE REQUIREMENTS:

  • Bachelor’s degree in business or related field required, MBA preferred
  • 5+ years of business process experience required, with a minimum of 2 years Supply Chain experience strongly preferred.

Additional Information

WORK ENVIRONMENT: 

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms.

This job description is not a contract and does not affect the at-will nature of your employment relationship with Treace Medical Concepts, Inc., Furthermore, this job description is not intended to be all-inclusive and does not and cannot address every responsibility or duty you may be expected to perform during your employment. Treace Medical Concepts, Inc., reserves the right to modify or amend this job description at its discretion, without prior notice.

All your information will be kept confidential according to EEO guidelines.

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Treace

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