Planning Analyst

Thornton Tomasetti; Selangor; On-site; MYR 60,000 - 120,000; Full time

Job summary

Abbott, a global healthcare leader, is seeking a Demand & Supply Planner for the Core Diagnostics Division in Malaysia. Based at Uptown 1 office, Core Diagnostics, you will manage demand and replenishment, monitor inventory turns, and collaborate with global planners to minimize freight costs and ensure timely deliveries.

The role requires a Bachelor degree in Supply Chain Management, Statistics, or Analytics (or related discipline) and involves standard work hours in Malaysia with no travel.

Qualifications

• Bachelor degree in Supply Chain Management, Statistics, Analytics or related discipline.
• University degree in related discipline preferred.
• Knowledge of demand planning processes is a plus.

Responsibilities

• Review historical sales and establish a demand trend to build a baseline supply plan.
• Drive monthly S&OP meetings with affiliates Commercial to finalize demand plan.
• Review salable inventory on-hand, stock in-transit, safety stock level and transit time to determine replenishment needs.
• Collaborate with global planner to expedite backorder and align on inventory strategy.
• Monitor inventory DOH and report distress, variance to Finance.
• Coordinate with source DC logistics and 3PL to track shipments and timely delivery.

Education

Bachelor degree in Supply Chain Management, Statistics, Analytics or related discipline

Job description

ABOUT ABBOTT

Abbott Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology. Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You will have access to: Career development with an international company where you can grow the career you dream of . A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune. A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

THE OPPORTUNITY

This position works out of our Uptown 1 office in the Core Diagnostics Division (CRDx). We’re empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

PRIMARY FUNCTION / PRIMARY GOALS / OBJECTIVES

Responsible for demand & supply planning, inventory replenishment from source DC, tracking and following up of shipment from source to affiliate DC, inventory management on product expiry, slow moving & obsolescence. Ensure replenishment is at optimum to minimize freight cost. Coordinate with global planner on inventory availability.

MAJOR RESPONSIBILITIES

• Review historical sales and establish a demand trend to build a baseline supply plan
• Drive monthly S&OP meeting with affiliates Comm’l team to determine any one-off event, seasonality and additional/reduction in demand due to market/customer penetration/exit to finalize the demand plan
• Review salable inventory onhand, stock in-transit, safety stock level and transit time to workout the supply requirement using ADDOne tools and raise the order to source DC timely
• Regular review of inventory DOH (Days On Hand) to minimize out of stock and backorder.
• Collaborate with global planner to expedite backorder from source
• Collaborate with Area Demand and Supply Planning Head and Commercial to align on inventory holding strategy, safety stock, order frequency, minimum shelf life, lot sequestering & shipping mode to maximize order fill rate and minimize inventory holding and freight cost
• Coordinate with source DC logistics, forwarder & custom broker to track shipment for timely departure and arrival.
• Coordinate with source DC on delay or discrepancy
• Regular review of inventory to reduce slow moving, obsolescence and distress inventory, report timely to Finance on any significant distress
• Responsible to initiate Change Request to Master Data team for all new material master creation, extension or revision in SAP
• Collaborate with affiliates logistics and 3PL on inventory accuracy at warehouse.
• Report timely to Finance on any significant variance
• Responsible for timely inventory destruction at the warehouse.
• Coordinate with Service team for disposition of idle intrument at the warehouse
• Collaborate with Global SME to maximize the use of planning tools ADDOne and provide feedback to Planning Head for improvement on planning process
• 1st contact point for Comm’l on inventory availability
• Publish/review Supply Chain metric in relation to inventory DOH, distress, order fill rate, backorder value as well as the performance of source DC.
• Automate reporting.
• Support Area on continuous improvement program to drive efficiency and Gross Margin Improvement initiatives related to Planning
• Regular review and provide feedback to managers to any process gaps on Planning playbook to keep it up to date against actual proces
• Ensure all workflow and processes adher to Abbott OEC policy and procedures

EDUCATION

Bachelor degree holder from Supply Chain Management, Statistics, Analytics or other related discipline

JOB FAMILY

Supply Chain

DIVISION

CRLB Core Lab

LOCATION

Malaysia > Selangor : Imazium, No. 8, Jalan SS 21/37 ADDITIONAL LOCATIONS:

WORK SHIFT

Standard

TRAVEL

No

MEDICAL SURVEILLANCE

No

SIGNIFICANT WORK ACTIVITIES

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

BASE PAY

The base pay for this position is N/A In specific locations, the pay range may vary from the range posted.

COMPANY CULTURE

Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it’s next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life’s greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. Follow Us: Facebook LinkedIn YouTube Twitter

EQUAL OPPORTUNITY

An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.