At a Glance
- Tasks: Lead demand forecasting and optimise inventory management for better decision-making.
- Company: Global leader in orthopaedics with a collaborative and innovative culture.
- Benefits: Competitive salary, 25 days leave, pension scheme, and medical cash back plan.
- Other info: Full-time role with excellent career growth opportunities.
- Why this job: Join a mission-driven team making a real impact in healthcare innovation.
- Qualifications: Bachelor's degree or 3+ years of relevant experience required.
The predicted salary is between 40000 - 50000 £ per year.
We are one of the world’s leading companies in the fields of orthopedics, arthroscopy, sports medicine, and orthobiologics.
True to our mission \"Helping Surgeons Treat Their Patients Better\", we have been developing innovative products and surgical techniques for over 40 years.
Arthrex was founded in 1981 in Munich and is now headquartered in Naples, Florida (USA), with additional subsidiaries in 21 countries.
Our corporate culture is defined by cross-border collaboration and the exchange of ideas among colleagues from diverse national backgrounds.
The expansion into new business areas and the continuous development of our product portfolio contribute to our steady growth and ensure that we remain at the forefront of high-quality product innovation.
Our employees play a key role in this success through their dedication and commitment.
In return, we offer a motivating and appreciative work environment.
The Job
Inventory Planning Analyst delivers integrated business process that aligns demand, supply, and financial plans across an organization to create one unified plan, balancing customer needs with company resources for improved decision-making and profitability.
The purpose of this role is to optimise forecasting and inventory management by aligning customer demand, inventory investment, and supply plans to support commercial objectives.
Duties And Responsibilities
- Lead forecast reviews with product management, sales and lab team to accurately plan future demand.
- Regular backorder review, working with supply chain and product management to expedite deliveries and improve customer service.
- Maintain and validate safety stock holding policies.
- Plan loan set builds according to market insights and operational capacity.
- Identify inventory optimisation opportunities to reduce write off value.
- Collaborate with UK product management and Supply chain to combine data with insights.
- Regular reporting of forecast, excess stock, loan set performance KPIs.
- Proactively analyse and identify root causes of write offs, recommend data-based solutions.
- Deliver analysis on excess inventory to reduce the associated negative provisions in P&L.
Education And Professional Experience
- Bachelor's Degree or 3+ Years industry experience/knowledge
- General Requirements
- Good communication skills, both verbal and written.
- Demonstrate ability to work independently.
- Apply knowledge and experience with minimal guidance for routine tasks.
- Excellent time management and prioritisation.
- Specific Requirements
- Excellent communication skills
- Strong analytical and critical thinking skills.
- Well organised with a methodical approach to work
- Proficiency in Excel, SAP, and Microsoft Office.
- Ability to interpret data and communicate with all stakeholders.
- Working Hours
This is a Full-time position working 40 hours per week Monday to Friday.
Benefits
Competitive salary based on level of experience. 25 days annual leave plus 8 bank holidays, contributory Pension scheme, medical cash back plan, group income protection and life assurance.
All qualified applicants will receive consideration for employment regardless of race, religion, age, sex, sexual orientation, gender identity, national origin, disability and any other protected characteristics under the Equality Act 2010.
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Inventory Analyst employer: Arthrex
Arthrex is an exceptional employer that values innovation and teamwork, providing a dynamic work culture where employees can thrive. With a strong focus on professional development, the company offers numerous growth opportunities and a competitive benefits package, including generous annual leave and comprehensive health coverage, making it an ideal place for those looking to make a meaningful impact in the orthopaedic field.
StudySmarter Expert Advice🤫
We think this is how you could land Inventory Analyst
✨Get Involved in Industry Events
Logistics and supply chain are all about networking, so hit up those trade shows and local meetups. Places like the UK's Logistics and Supply Chain conference can be goldmines for connecting with potential employers like Arthrex and learning about the latest trends in the industry.
✨Leverage Online Communities
Join forums and LinkedIn groups specifically for logistics professionals. Share your insights and ask questions to get noticed. Being active in these spaces can help you establish credibility and might just lead to an opportunity at Arthrex!
✨Showcase Your Skills with a Portfolio
Even if it’s a full-time gig, having a portfolio can really set you apart. Include case studies or projects that demonstrate your understanding of supply chain management, logistics software, or solving operational challenges. You’d be surprised at how much this can impress hiring managers.
✨Apply Directly Through Our Website
Don't forget the power of applying directly through our website! A lot of companies like Arthrex keep job postings exclusive to their sites. This way, you can easily keep track of your applications and ensure your profile is in front of the right people.
We think you need these skills to ace Inventory Analyst
Some tips for your application 🫡
Show Your Supply Chain Savvy:In your CV and cover letter, make sure to highlight your understanding of logistics and supply chain management principles. Mention any relevant courses you've taken or tools you've used, like inventory management software or data analysis platforms, to showcase your skills and keep up with best practices in the industry.
Quantify Your Achievements:When detailing your previous work experience, remember to use numbers wherever possible. Did you improve delivery times by a specific percentage? Did you help reduce costs? These kinds of quantified achievements not only catch the eye but also demonstrate your capability in the logistics sector.
Tailor Your Cover Letter to Arthrex:This is your chance to really connect with the team at Arthrex. In your cover letter, express why you're passionate about supply chain logistics and how your goals align with the company’s mission. A little personalisation goes a long way!
Include Relevant Certifications:If you've got any certifications related to logistics or supply chain management—like APICS or Six Sigma—make sure you flaunt them! These show that you're committed to your professional development and can set you apart from other candidates.
How to prepare for a job interview at Arthrex
✨Know Your Logistics Tools
Make sure you're familiar with key logistics software and tools like SAP or Oracle ERP. These are often used in the industry, and being able to demonstrate your knowledge or experience with them can really set you apart during your interview with Arthrex.
✨Perfect Your Problem-Solving Skills
Expect to tackle scenarios that showcase your problem-solving skills. Think about past experiences where you've had to optimise supply chains or handle logistics challenges. Have a few examples ready to discuss how you made decisions that led to improvements.
✨Show Your Team Spirit
Supply chain roles heavily rely on teamwork and communication. Be prepared to discuss how you've collaborated with others in previous roles. Maybe share a time when you coordinated with a team to resolve a logistical hiccup. This can show Arthrex that you're a team player!
✨Understand the Big Picture
Be ready to talk about the broader logistics and supply chain trends. Having insights into current challenges in the industry, like sustainability or lead times, can impress the interviewers at Arthrex. Show them you’re not just focused on the day-to-day but also have a strategic mindset!