Inventory Specialist 2 (Denver, CO)

Smith & Nephew Plc

Denver, CO

JOB DETAILS
SALARY
$70,500–$105,750 Per Year
SKILLS
Analysis Skills, Asset Management, Billing, Budgeting, Business Analysis, Cargo/Freight, Consulting, Corporate Compliance, Data Analysis, Driver's License, Fitness, High School Diploma, Hospital, Implants, Inventory Cycle Counts, Inventory Levels, Inventory Management, Inventory Reports, LinkedIn, Logistics, Logistics Analysis, Logistics Management, Maintain Compliance, On Call, Operating Systems, Operations Processes, Order Processing, Partner Sales, Patient Care, People Management, Performance Management, Physical Demands, Physical Inventory, Product Costing, Product Flow, Product Support, Profit & Loss, Quality Management, Reconciliation, Record Keeping, Regional Sales, Regulations, SAP, Sales, Sales Management, Sales Support, Schedule Development, Supply Chain, Time Management, Training/Teaching, Warehousing
LOCATION
Denver, CO
POSTED
30+ days ago

Life Unlimited. At Smith+Nephew we design and manufacture technology that takes the limits off living.

The Inventory Specialist function is a critical component of Smith+Nephew's overall US Supply Chain strategy. We are the last mile and the difference between success and failure in thousands of hospitals and surgery centers each day, where our customers are helping their patients improve their lives. It can and will be stressful, but it is rewarding knowing that you played a critical part in the positive outcome for a patient whose life is being restored through our products.

You are responsible for maintaining accurate inventory records of products as they flow through the territory. Accountability of products missing from sets is crucial to ensure proper billings. You will be responsible for case coverage, inventory management, and analyzing data.

Inventory Specialist is an on-site member of the Logistics Team in a territory sales office(s). This role is responsible for managing and implementing company inventory and asset management policies and procedures for territory and/or area level. This includes maximizing asset utilization and minimizing inventory/instrument investment as well as maintaining accurate records of product placements.

This role is responsible for coordinating surgery schedules, preparing and ensuring accurate and timely delivery of instruments and implants sets for surgery. Good working knowledge of company products, operating system, and procedures is critical.

What will you be doing?

Performs work duties accomplishing daily goals, including but not limited to, the picking of Finished Goods, packing of Finished Goods, maintaining inventory accuracy, sourcing cases, and overcommunication to the sales reps.

Manage inventory levels across the sales district, ensuring the right quantities are in the right place. Additionally, you will manage the quality of our products in the field.

Ensure all product recall activity is performed immediately to ensure compliance to all required. Coordinate with Quality and Regulatory to ensure verify and ensure all compliance procedures are followed.

Ensure consignment locations have valid consignment agreements and/or custody cards as required.

Perform Field Cycle Counts as required.

Coordinate and participate in territory physical inventories ensure all preparation guidelines are performed, conduct counts, and perform required physical inventory reconciliation. Ensure minimal location/account variances and ensure adjustments (positive/negative) meet established company variance percentages and dollar amounts.

Perform field location/account visits/reviews to ensure consigned inventory instruments and implants are verified with account and ensure after reviews that instrument sets and implant inventory levels are correct and adjusted accordingly. Reconciliation variances should be addressed with the appropriate sales representative(s) and management.

Perform IAP validations semi-annually and ensure all required adjustments are performed to maintain accurate IAP records.

Analyze inventory asset levels to maximize utilization and to provide improved sales performance providing recommendations and executing appropriate strategies.

Perform Instrument and implant utilization analysis to identify opportunities, inventory efficiencies with sales management and sales force. Ensure compliance of company asset utilization goals and objectives.

Partner with the sales management team, sales force and logistics management to ensure excellent sales support.

Perform period, quarterly and annual product reporting to provide guidance for set and inventory deployments.

Perform analysis/reporting affecting all P&L related territory and/or area operations (i.e. Stock Withdrawal budget, freight analysis, courier usage, etc.).

Process all required order entry as directed to maintain and manage scheduled surgery cases on a daily basis.

Perform MOVE system reviews with Field Logistics Specialist to ensure excellent sales product support for surgeries and assess Kit utilization to ensure maximum utilization.

Required to perform on call support as required.

Must be able to understand and perform the functions and procedures pertaining to the efficient operation of warehousing.

Perform daily/period freight activity reviews on all FedEx and courier usage to ensure costing is correct and most economical. Determine and ensure the least cost method of providing product to customer is performed. This includes Mobile vans, Courier, and freight utilization is being monitored and reviewed each period.

Must be willing to learn our software Systems such as Move Medical and SAP used on a daily basis.

Must be able to train and direct other personnel in their duties, both clerical and physical.

What will you need to be successful?

Education: High school Diploma or equivalency required Bachelor's Degree preferred

Experience: Bachelor's degree or equivalent, 2+ years' experience in a related field, e.g. Operations, Logistics, Business Analyst, Business Consultant

Physical Demands: Must be able to lift 75 lbs. Standing, walking, bending, stooping, pushing, and pulling commonly occurring for long periods of time

Licenses/Certifications: Valid Driver's License with clean record

You. Unlimited.

We believe in creating the greatest good for society. Our strongest investments are in our people and the patients we serve.

Inclusion and Belonging - Committed to Welcoming, Celebrating and Thriving on Belonging, Learn more about Employee Inclusion Groups on our website (https://www.smith-nephew.com/Your Future:

401k Matching Program, 401k Plus Program, Discounted Stock Options, Tuition Reimbursement

Work/Life Balance: Flexible Personal/Vacation Time Off, Paid Holidays, Flex Holidays, Paid Community Service Day

Your Wellbeing: Medical, Dental, Vision, Health Savings Account (Employer Contribution of $500+ annually), Employee Assistance Program, Parental Leave, Fertility and Adoption Assistance Program

Training: Hands-On, Team-Customized, Mentorship

Extra Perks: Discounts on fitness clubs, travel and more!

The anticipated base compensation range for this position is $70,500 - $105,750 USD annually. The actual base pay offered to the successful candidate will be based on multiple factors, including but not limited to job-related knowledge/skills, experience, geographical location. It is not typical for an individual to be hired at the high end of the range for their role at Smith + Nephew. Compensation decisions are dependent upon the facts and circumstances of each position and candidate. In addition to base pay, we provide competitive bonus and benefits, which include medical, dental, and vision coverage, 401k, tuition reimbursement, medical leave programs, parental leave, and generous PTO, paid company holidays annually and 8 hours of Volunteer time and a variety of wellness offerings such as EAP

To be considered for this role, please submit your application by March 9, 2026.

Smith+Nephew provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability.

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About the Company

S

Smith & Nephew Plc

The Group has a history dating back 160 years to the family enterprise of Thomas James Smith who opened a small pharmacy in Hull, England in 1856. On his death in 1896, his nephew Horatio Nelson Smith took over the management of the business. Thomas James Smith black and white photograph Image: Thomas James Smith A few days after the declaration of World War 1 in 1914, Horatio Nelson Smith (the nephew of the company founder T. J Smith) met with an envoy of the French President in London. The company was awarded a contract to supply £350,000 of surgical and field dressings, to be delivered in five months. By the late 1990s, Smith & Nephew had expanded into being a diverse healthcare conglomerate with operations across the globe, including various medical devices, personal care products and traditional and pioneering woundcare treatments. In 1998, Smith & Nephew announced a major restructuring to focus management attention and investment on three business units — wound management, endoscopy and orthopaedics — which offered high growth and margin opportunities. Smith & Nephew was incorporated and listed on the London Stock Exchange in 1937 and in 1999 the Group was also listed on the New York Stock Exchange. In 2001, Smith & Nephew became a constituent member of the FTSE-100 index in the UK. This means that Smith & Nephew is included in the top 100 companies traded on the London Stock Exchange measured in terms of market capitalisation. Today, Smith & Nephew is a public limited company incorporated and headquartered in the UK and doing business in many countries around the world.
COMPANY SIZE
2,000 to 2,499 employees
INDUSTRY
Medical Devices and Supplies