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Inventory Analyst
Career Insights for Inventory Analyst
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Scorecard
Based on Michigan data
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What they do
An Inventory Analyst tracks and processes orders and shipments, runs and interprets inventory reports, manages databases of inventory flow, stock and documentation. Develops new systems to optimize inventory turnover. Uses statistical models to predict inventory capacity.
$75,584 / year median in Michigan
+11% projected growth
Job Description
- What you will do
- Responsible for planning, coordinating, and executing inventory cycle counts across warehouse locations, including R D, Marketing, and Medical Education (MedEd).
This role partners with Sales and internal stakeholders to conduct inventory audits, ensure accuracy, and reinforce inventory management best practices. The position leads on-site counts, reconciles discrepancies, and processes inventory adjustments within systems of record. Strong attention to detail, organization, and the ability to manage inventory across multiple locations are essential.
- Audit Management
- Plan, coordinate, and execute inventory cycle counts across Warehouse, MedEd, R D, and Marketing locations
- + Review audit results to validate accuracy, completeness, and proper documentation + Support and participate in field inventory audits as needed
- Cross-Functional Collaboration
- Partner with MedEd, R D, Marketing, Sales, and Warehouse teams to coordinate inventory activities
- + Provide guidance on inventory management best practices + Build and maintain strong relationships to support inventory accuracy initiatives
- Inventory Accountability
- + Proactively analyze inventory data to identify discrepancies, trends, and corrective actions + Ensure timely reconciliation and processing of inventory adjustments + Provide reporting and insights to support decision-making and field inventory visibility
- Operational Excellence
- + Drive continuous improvement of inventory audit and cycle count processes + Lead process improvement initiatives aligned to inventory performance goals + Ensure inventory processes comply with internal controls, audit requirements, and organizational objectives
- Required
- + Bachelor's degree + 0+ years of experience + Excel experience
- Preferred
- + Experience with ERP systems (Oracle, SAP, PRMS, etc.). + Experience in Supply Chain or Inventory Management. $62,400
- $87,900 USD Annual Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program.
Financial benefits include:
Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance. Stryker offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.
Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status. Stryker is an EO employer
- M/F/Veteran/Disability.
Benefits
- 401(k) Plans
- Employee Stock Options (ESOs)
- Health Insurance
- Dental Insurance