Senior Inventory Analyst

Medtronic is a global healthcare technology company committed to championing healthcare access and equity for all. They are seeking a Senior Inventory Analyst responsible for optimizing warehouse operations through effective slotting strategies and predictive analytics to improve efficiency in a fast-paced distribution environment.

Responsibilities:

• Support DC space utilization: Implement strategies to optimize the space utilization, efficient slotting of inbound inventory and minimize handling time. Develop methodologies to optimize warehouse slotting strategies, considering multiple variables like product velocity, product size, turnover rates, and storage requirements
• Develop storage and replenishment strategies for all materials in the warehouse
• Use predictive analytics to forecast demand patterns and adjust slotting configurations dynamically
• Utilize warehouse reports, product history and business forecasts to analyze warehouse health and understands how to change slotting strategies to meet changing business needs
• Work with leadership to forecast warehouse capacity and future storage requirements
• Collaborate with inventory clerks to accurately capture and input essential product data into the system
• Partner with slotting SMEs to execute data collection and slotting actions
• Monitor and maintain accuracy of warehouse master data, including material data, slotting data, and bin data
• Engage directly with warehouse operations to perform physical product movements to optimize space and/or pick efficiency
• Support DC throughput improvements: Analyze current throughput metrics and identify opportunities for improvement in receiving, picking, packing and shipping. Work with onsite cross functional teams to develop, automate and ideate process improvements aligned with MPS (Medtronic Performance System) objectives (e.g., - A3 problem-solving, Kaizen events, Value Stream Mapping, DMAIC methodologies)