Inventory Specialist I

Job Overview

Fairview is looking to add an Inventory Specialist I to our team at Southdale Hospital in Edina, MN. This is a full-time, benefit-eligible position working Monday through Friday from 8:00 a.m. to 4:30 p.m.

The Inventory Specialist I plays a key role in ensuring clinical departments have the supplies they need to provide exceptional patient care. In this role, you will collaborate with clinical teams to manage inventory levels, maintain accurate par locations, analyze inventory data, resolve supply issues, and support continuous improvement initiatives that enhance service levels while controlling costs.

The ideal candidate is customer-focused and enjoys building strong relationships with clinical teams. They possess excellent analytical and inventory management skills, including experience with par management, data analysis, and problem-solving. They take ownership of supply-related issues, communicate effectively with department leaders, and are skilled at influencing and collaborating with stakeholders. Previous healthcare supply chain experience, preferably in a hospital environment, is strongly preferred. The successful candidate also has a continuous improvement mindset and can demonstrate success in reducing costs, improving service levels, or preventing stockouts through process improvements.

The Inventory Specialist I manages the adjustment of inventory levels of stock and nonstock supplies/equipment/linen. Analyze and monitor inventory levels. Consider labor and acquisition costs in determining appropriate par levels for cost effective inventory management. Maintain, verify and update receiving and distribution records and supplies. Provide communication to all customers regarding changes and updates to product descriptions, number, and units of measure, stock additions and deletions. Provide guidance and support department managers in appropriate inventory control to manage costs and meet department fluctuations. Works directly with vendors, suppliers, front line staff, customers, and managers.

Responsibilities

• Manage/direct/revise inventory levels throughout the site.
• Analyze and monitor inventory levels on regular basis
• Maintain proper inventory levels and adjust order quantities on inventory computer systems.
• Reconcile inventory variances.
• Analyze and monitor data reports and develop individualized recommendations for department managers.
• Measure and monitor data for process improvement.
• Maintain accurate inventory control reports for department managers.
• Maintain, verify and update receiving and distribution records
• Regulatory Compliance. Assist with product recalls and returns.
• Collaborate with stakeholders regarding inventory data and recommend opportunities for standardization or improvement.
• Assess unit needs and recommend adjustments in par levels and/or variety of product.
• Collaborate with Managers to identify acceptable product substitutions.
• Change department profiles in collaboration with Manager and front-line staff.
• Perform daily business functions of Supply Chain
• Meet customer needs by placing and expediting orders.
• Receive online orders and reconcile receiving discrepancies.
• Manages consignment inventory
• Maintain a clean and professional work area
• Generate needed stickers and labels and maintain accuracy
• Minimizes expired products
• Support and meet customer needs.
• Assist with stocking disposable and reusable supplies and equipment.
• Perform cycle counting.

Required Qualifications

• 1 year relevant inventory management experience

Preferred Qualifications

• Bachelor of Arts in Supply Chain, Logistics, Business, Nursing or Related field
• 1 year healthcare working with medical products as an Inventory Specialist I
• American Production and Inventory Control Society
• Certified Maintenance and Reliability Professional
• Lean
• Value Analysis
• Six Sigma

Benefit Overview

Fairview offers a generous benefit package including but not limited to medical, dental, vision plans, life insurance, short-term and long-term disability insurance, PTO and Sick and Safe Time, tuition reimbursement, retirement, early access to earned wages, and more! Please follow this link foradditional information: https://www.fairview.org/careers/benefits/noncontract

Compensation Disclaimer

An individual's pay rate within the posted range may be determined by various factors, including skills, knowledge, relevant education, experience, and market conditions. Additionally, our organization prioritizes pay equity and considers internal team equity when making any offer. Hiring at the maximum of the range is not typical. If your role is eligible for a sign-on bonus, the bonus program that is approved and in place at the time of offer, is what will be honored.

EEO Statement

EEO/Vet/Disabled: All qualified applicants will receive consideration without regard to any lawfully protected status