Field Inventory Analyst

Are you a detail-oriented individual with a passion for data analysis? Do you have a knack for problem-solving and a strong understanding of inventory management processes? If so, we have an exciting opportunity for you at Philips as a Field Inventory Analyst.As a Field Inventory Analyst, you will play a critical role in optimizing our inventory levels and ensuring efficient supply chain operations. Your expertise in analyzing data and identifying trends will be essential in identifying areas for improvement and implementing solutions to drive business success.We are looking for a self-motivated and organized individual with a degree in business, supply chain management, or a related field. Previous experience in inventory management and proficiency in data analysis tools is required. If you are a proactive thinker with excellent communication skills and a passion for driving results, we encourage you to apply for this role. Join us at Philips and make a meaningful impact on our inventory operations.

1. Conduct regular data analysis to monitor and assess inventory levels and identify any discrepancies or areas for improvement.
2. Develop and implement strategies to optimize inventory levels and improve supply chain efficiency.
3. Collaborate with cross-functional teams to ensure accurate and timely inventory data is being captured and shared.
4. Utilize data analysis tools to identify trends and make recommendations for process improvements.
5. Monitor inventory levels to ensure availability of products while minimizing excess stock.
6. Develop and maintain inventory management processes and procedures.
7. Communicate inventory status and issues to relevant stakeholders, including management and suppliers.
8. Conduct regular audits to ensure accuracy of inventory data and identify any discrepancies.
9. Proactively identify potential inventory risks and develop contingency plans to prevent supply chain disruptions.
10. Train and educate team members on inventory management processes and procedures.
11. Stay updated on industry trends and best practices in inventory management.
12. Participate in inventory planning and forecasting activities.
13. Analyze and report on key inventory metrics to track performance and identify areas for improvement.
14. Ensure compliance with company policies and procedures related to inventory management.
15. Continuously seek out opportunities to streamline and improve inventory processes.

According to JobzMall, the average salary range for a Field Inventory Analyst in Plymouth, MN, USA is between $50,000 and $70,000 per year. However, this can vary depending on the specific company, job responsibilities, and level of experience. Some individuals in this role may make more or less than this range. It is important to research the specific company and job opportunity to get a more accurate salary estimate.

Royal Philips is a health technology company focused on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care.