Lead Analyst, Inventory Planning
What you will do -
The Lead Analyst, Inventory Planning is responsible for end-to-end planning of raw materials and components to support reliable production and customer service in a regulated medical device environment. This role leads execution of a Lean Plan for Every Part (PFEP) framework and partners closely with Procurement, Manufacturing, and Quality to ensure material availability while optimizing inventory and working capital. This role drives planning excellence, influences inventory strategy, and leads continuous improvement initiatives aligned with operational and financial goals.
Lean Plan for Every Part (PFEP) Ownership
- Implement and maintain the PFEP framework across all raw materials, components, and finished goods
- Maintain accurate PFEP data (lead times, lot sizes, order frequency, etc.)
- Partner with Operations & Procurement to align PFEP with production and purchasing processes
- Review site level PFEP KPIs to ensure compliance to the process and inventory targets, partner with cross-functional team to identify areas of opportunity and create action plans to improve performance
Align Inventory Targets with Financial & Business Objectives
- Drives safety stock and reorder point business reviews on a regular cadence for all SKUs which includes performing initial analysis, gathering feedback and alignment from internal stakeholders, and loading the targets in our planning systems
Raw Material & Component Planning
- Develop and manage supply plans for raw materials and components based on demand forecasts, production schedules, and inventory targets
- Monitor inventory levels, safety stock, and reorder points to ensure material availability while minimizing excess and obsolescence
- Identify supply risks, including shortages, delays, and demand variability and partner cross-functionally to mitigate
- Provide Procurement partners with clear purchase, pull in, and push out signals based on Supply Plan
Data Analysis & Reporting
- Analyze demand/usage trends, inventory performance, and supplier reliability to inform planning decisions
- Track and report key metrics such as inventory health, overall inventory levels, and excess inventory
- Use ERP/MRP systems to maintain accurate planning parameters and data integrity
Continuous Improvement
- Identify opportunities to improve planning processes, tools, and data accuracy
- Support cross-functional initiatives related to supply chain optimization and cost reduction
- Lead or contribute to Lean and continuous improvement projects
Required -
- Bachelor’s degree required (Supply Chain, Engineering, Finance, or related); Master’s/MBA/APICS CPIM/CSCP preferred
- 4+ years of progressive inventory/demand/supply planning experience
- Excel (pivot tables, VLOOKUP, large data sets, ect.)
Preferred -
- Power BI experience
- SAP and JD Edwards
- SQL - preferred
- Proven experience with Lean methodologies and/or PFEP concepts
$77,700- $168,400 salary plus bonus eligible + benefits. Individual pay is based on skills, experience, and other relevant factors.
Travel Percentage: 20%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.Stryker Corporation will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.