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Inventory Analyst

  • At Aldevron, we shape the future of medicine by advancing science in meaningful ways. Our team of dedicated, forward-thinking associates share this goal by combining best-in-class products and service with the ideal operating environment to lay the groundwork for vital new discoveries worldwide. We believe people are our most valuable asset. Whether this is your first step on a rewarding career path or are a seasoned professional ready to take your career to the next level, we hire the best from all backgrounds and experiences. 

      

    Aldevron is one of 10 Life Sciences companies of Danaher. Together, we accelerate the discovery, development and delivery of solutions that safeguard and improve human health. 

     

    This position is part of the Supply Chain Department located in Fargo, North Dakota and will be onsite. At Aldevron, we combine best-in-class products and service with the ideal operating environment to lay the groundwork for vital new discoveries worldwide.  

     

    We are looking for a talented Analyst who will be responsible for monitoring, analyzing, and optimizing inventory levels to ensure efficient supply chain operations. The ideal candidate will have strong analytical skills, a thorough understanding of inventory management principles, and the ability to translate data into insights. 

     

     

    In this role, you will have the opportunity to: 

    • Monitor inventory levels, analyzing historical data and current trends to forecast future demand accurately. 

    • Collaborate with procurement and planning team to ensure timely and accurate procurement of materials and supplies to meet inventory requirements. Work closely with logistics team to optimize transportation and warehousing processes, ensuring efficient handling and storage of inventory. 

    • Conduct regular inventory audits to identify discrepancies, analyze root causes, and implement corrective actions to improve inventory accuracy. 

    • Create and maintain inventory control reports and systems and procedures to optimize stock levels, minimize carrying costs, prevent stockouts, and provide insights and recommendations to stakeholders. 

    • Collaborate with sales and marketing teams to understand product demand patterns and adjust inventory levels accordingly. 

    The essential requirements of the job include:  

    • Bachelor’s degree in business administration, Information Systems, Supply Chain Management, or a related field (an equivalent combination of education and experience may be considered) 

    • 1+ year experience as an Analyst, preferably with expertise in the D365 ERP system and Power BI 

    • Knowledge of inventory control principles, forecasting techniques, and supply chain management concepts. 

    • Strong analytical and problem-solving skills, with the ability to interpret complex data sets and generate actionable insights. 

    • Effective communication skills, with the ability to present findings and recommendations to stakeholders in a clear and concise manner. 

     

  • Bachelor’s degree in business administration, Information Systems, Supply Chain Management, or a related field (an equivalent combination of education and experience may be considered)
  • Proven experience as an Analyst, preferably with expertise in the D365 ERP system and Power BI
  • Knowledge of inventory control principles, forecasting techniques, and supply chain management concepts.
  • Strong analytical and problem-solving skills, with the ability to interpret complex data sets and generate actionable insights.
  • Effective communication skills, with the ability to present findings and recommendations to stakeholders in a clear and concise manner.

Join our winning team today. Together, we’ll accelerate the real-life impact of tomorrow’s science and technology. We partner with customers across the globe to help them solve their most complex challenges, architecting solutions that bring the power of science to life. 

For more information, visit www.danaher.com.

Danaher Corporation and all Danaher Companies are committed to equal opportunity regardless of race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity, or other characteristics protected by law. We value diversity and the existence of similarities and differences, both visible and not, found in our workforce, workplace and throughout the markets we serve. Our associates, customers and shareholders contribute unique and different perspectives as a result of these diverse attributes.

The EEO posters are available here.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us at applyassistance@danaher.com to request accommodation.

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What You Should Know About Inventory Analyst, Danaher

Join Aldevron as an Inventory Analyst in Fargo, North Dakota, where we’re shaping the future of medicine with innovative solutions and a commitment to excellence. In this dynamic role, you'll be at the heart of our Supply Chain Department, working closely with procurement, logistics, and planning teams to maintain optimal inventory levels that support our mission. Your analytical skills will shine as you monitor inventory, analyze historical data, and forecast future demands to ensure the right products are available when needed. Enjoy collaborating with diverse teams and leveraging your expertise in inventory control as you conduct audits, identify discrepancies, and implement improvements. You’ll also create detailed reports to provide actionable insights and recommendations to stakeholders, ensuring efficient operations and minimizing costs. At Aldevron, we recognize that our people are our greatest asset, and we are committed to investing in your growth—whether you're just starting out or looking to advance your career. If you have a background in supply chain management and a passion for data-driven decision-making, this is the perfect opportunity to make a real impact in the life sciences industry. Let’s innovate together and enhance human health on a global scale.

Frequently Asked Questions (FAQs) for Inventory Analyst Role at Danaher
What responsibilities does an Inventory Analyst at Aldevron hold?

As an Inventory Analyst at Aldevron, you will be responsible for monitoring and analyzing inventory levels, forecasting future demand, and collaborating with procurement and logistics teams to ensure timely acquisition of materials. You will also conduct inventory audits, maintain control reports, and work on optimizing stock levels to support our supply chain operations.

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What qualifications are necessary for the Inventory Analyst position at Aldevron?

To be considered for the Inventory Analyst position at Aldevron, candidates typically require a Bachelor’s degree in business administration, supply chain management, or a related field, along with at least 1 year of experience in a similar role. Familiarity with D365 ERP systems and Power BI is preferred, along with strong analytical skills and an understanding of inventory management principles.

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How does Aldevron support the professional development of its Inventory Analysts?

Aldevron is dedicated to the growth of its employees, especially for roles like Inventory Analyst. We offer training in industry-specific tools such as D365 ERP and Power BI, as well as opportunities for mentorship and collaboration across departments. Your success in this role will be supported through a culture of continuous learning and development.

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What tools will I use as an Inventory Analyst at Aldevron?

As an Inventory Analyst at Aldevron, you will utilize various tools to manage inventory effectively. This includes the D365 ERP system for tracking materials, along with Power BI for analyzing data and generating reports. Proficiency in these tools can help you translate complex data into actionable insights for the team.

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What does a typical workday look like for an Inventory Analyst at Aldevron?

A typical workday for an Inventory Analyst at Aldevron involves monitoring and analyzing inventory data, conducting audits, collaborating with various teams, and preparing reports. You will spend time forecasting demand and communicating with stakeholders to ensure efficient supply chain operations, all while contributing to meaningful advancements in healthcare.

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Common Interview Questions for Inventory Analyst
Can you describe your experience with inventory management systems?

In preparing for this question, highlight specific systems you’ve used, like D365 ERP, focusing on how you utilized them to monitor inventories, generate reports, or streamline processes. Be ready to provide concrete examples of how your skills helped improve inventory accuracy or reduce costs.

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How do you approach forecasting inventory levels?

For this question, discuss your methods for analyzing historical data, considering market trends, and collaborating with teams to anticipate demands. Showcase your analytical skills, possibly mentioning tools like Power BI to illustrate how you visualize data for better decision-making.

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What steps do you take to conduct a successful inventory audit?

When answering this question, outline the process you follow during audits, such as checking physical counts against records, investigating discrepancies, and implementing corrective measures. Emphasize the importance of accuracy and procedural compliance in ensuring smooth operations.

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How do you communicate findings to stakeholders?

Discuss your approach to presenting data clearly and concisely, whether through reports or presentations. Highlight the importance of tailoring your communication style based on your audience, ensuring that complex data is made accessible and actionable for stakeholders.

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Can you give an example of a challenge you faced in inventory management and how you solved it?

Share a specific example that demonstrates your problem-solving abilities. Outline the challenge, your analysis, and detail the actions you took to resolve it, along with the result. This shows interviewers your critical thinking and initiative.

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What are the key performance indicators (KPIs) you would monitor as an Inventory Analyst?

List important KPIs like inventory turnover ratio, carrying costs, and stockout rates. Explain why these metrics matter and how monitoring them can impact overall supply chain efficiency and performance.

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Describe your experience working cross-functionally with other teams.

Talk about how you’ve collaborated with procurement, logistics, sales, or marketing teams. Highlight a project or situation where teamwork was essential, demonstrating your ability to work towards shared goals.

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How do you handle and analyze large data sets?

Mention specific tools or techniques you use to handle large data sets, like using Excel functions or data visualization software such as Power BI. Provide an example where your analysis led to strategic decisions or insights.

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How do you stay updated on industry trends and advancements in supply chain management?

Share your methods for staying informed, such as following industry publications, participating in webinars, or networking with professionals in the field. Highlighting your commitment to continuous learning will reflect positively on your candidacy.

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Why do you want to work for Aldevron as an Inventory Analyst?

Articulate your interest in Aldevron's mission and values, particularly how they align with your career aspirations. Discuss the innovative role Aldevron plays in life sciences, and how you’re eager to contribute to impactful projects in improving human health.

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Our globally diverse team of 80,000 associates is united by our Shared Purpose—Helping Realize Life’s Potential. This Shared Purpose is at the core of our deep commitment to developing innovations in science and technology that make a difference i...

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Full-time, on-site
DATE POSTED
April 8, 2025

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