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IL
INTEGRA LIFESCIENCES CORP
Inventory Specialist, Global Commercial Operations
Career Insights for Inventory / Supply Specialist
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Based on New Jersey data
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What they do
An Inventory or Supply Specialist specializes in tracking and managing inventory and supplies to improve production or distribution at a company or organization. Manages purchase orders, or distribution of materials between different centers of a large company.
$45,408 / year median in New Jersey
+4% projected growth
Job Description
Changing lives. Building Careers. Joining us is a chance to do important work that creates change and shapes the future of healthcare. Thinking differently is what we do best. To us, change equals opportunity. Every day, our colleagues are challenging what's possible and making headway to innovate new treatment pathways to advance patient outcomes and set new standards of care. The Field Inventory Specialist, Global Commercial Operations is responsible for advancing the effective lifecycle management and optimization of hospital and field consignment inventory across the Tissue Reconstruction division. This role partners with Sales, Finance, Legal, Customer Service, Distribution, and Operations to analyze account performance, deliver data-driven insights, and recommend actions that optimize inventory investments throughout the consignment lifecycle. The position plays a key role in ensuring inventory decisions align with business needs, customer demand, and operational objectives through proactive analysis, collaboration, and execution.
REPORTING & MANAGEMENT SCOPE SUPERVISION RECEIVED
Under direct supervision of Manager, Consignment Inventory Strategy & ExecutionSUPERVISION EXERCISED
NoneKEY RESPONSIBILITIES
Consignment Lifecycle Management Manage the lifecycle of hospital consignment agreements and accounts, including new agreements, amendments, renewals, optimization opportunities, dormant account reviews, conversions, and terminations. Monitor agreement activity, contractual milestones, and inventory performance to proactively identify lifecycle actions that support business needs and customer demand. Establish, maintain, modify, and deactivate consignment accounts within Oracle and related business systems while ensuring accurate documentation and data integrity. Advanced Insights & Inventory Optimization Analyze inventory utilization, inventory turns, sales trends, and contractual commitments to identify risks, opportunities, and recommendations that improve consignment portfolio performance. Deliver data-driven insights that support PAR optimization, inventory reductions, agreement renewals, account conversions, and lifecycle decisions. Identify utilization trends, inventory risks, and emerging business needs to support proactive inventory optimization and operational decision-making. Partner with analytics resources to define reporting requirements and leverage business intelligence to support informed decision-making. Governance & Operational Excellence Execute physical and virtual inventory audits, inventory reconciliations, and compliance activities to maintain inventory accuracy and support governance standards. Identify opportunities to improve workflows, simplify processes, and enhance operational efficiency across consignment inventory programs. Maintain accurate contract, inventory, and account records across Salesforce, Oracle, PACT, MoveMedical, and related business systems. Cross-Functional Collaboration Serve as a trusted business partner to Sales Representatives and Sales Leadership by communicating account performance insights and recommending actions that balance customer needs, inventory investments, and business objectives. Collaborate with Finance, Customer Service, Distribution, Legal, Operations, and other cross-functional partners to support effective lifecycle management and continuous improvement initiatives. Perform other related duties as assigned. All team members are expected to exemplify Integra's Purpose, Vision, and Values in their daily work and interactions.Salary Pay Range:
$71,300.00- $97,750.
Pay Transparency:
Subject to the terms of their respective plans, employees and/or eligible dependents are eligible to participate in the following Company sponsored employee benefit programs: medical, dental, vision, life insurance, short- and long-term disability, business accident insurance, and group legal insurance, and savings plan (401(k)).
- Employer Branding from Integra LifeSciences on Vimeo Whatever your specialty, you'll find an ideal setting for building a rewarding career. Along the way, you'll have the satisfaction of knowing your work matters, that it's making patients' lives better, making a positive and lasting difference. You'll find that the pace is exhilarating
- because the need is so urgent. You'll be challenged
- and supported
- by the most dynamic and inspiring people in your profession.