Supply Chain/Planning Specialist

Abbott Laboratories; Petaling Jaya; On-site; MYR 50,000 - 70,000; Full time

Job summary

A leading company in healthcare seeks a Supply Chain Planning professional to optimize demand forecasting and inventory management processes. The role involves coordinating with global teams, ensuring optimal supply chain operations, and implementing continuous improvement initiatives. Candidates should possess a strong background in Supply Chain Management and relevant analytical skills to succeed in this fast-paced environment.

Qualifications

• Bachelor's degree in Supply Chain Management, Statistics, or related fields required.
• Experience in inventory management and demand planning highly valued.
• Proficiency in SAP and ADDOne tools necessary.

Responsibilities

• Responsible for demand and supply planning, including inventory management and shipment tracking.
• Drive S&OP meetings to finalize and adjust the demand plan.
• Collaborate with global teams to maximize inventory accuracy and efficiency.

Skills

Inventory Management

Demand Forecasting

Data Analysis

Process Improvement

Education

Bachelor's degree in Supply Chain Management

Bachelor's degree in Statistics

Bachelor's degree in Analytics

Tools

SAP

ADDOne tools

Job description

Primary Function/Primary Goals/Objectives:

Responsible for demand & supply planning, inventory replenishment from source DC, tracking and follow-up of shipments from source to affiliate DC, inventory management on product expiry, slow-moving & obsolescence. Ensure replenishment is at an optimum to minimize freight costs. 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 meetings with affiliates' Commercial teams to determine any one-off events, seasonality, and adjustments in demand due to market/customer penetration/exit, to finalize the demand plan.
• Review salable inventory on hand, stock in transit, safety stock levels, and transit times to determine the supply requirement using ADDOne tools and raise orders to source DC timely.
• Regularly review inventory Days On Hand (DOH) to minimize stockouts and backorders.
• Collaborate with global planner to expedite backorders from source.
• Coordinate with Area Demand and Supply Planning Head and Commercial teams to align on inventory holding strategies, safety stock, order frequency, minimum shelf life, lot sizing, and shipping modes to maximize order fill rate and minimize inventory holding and freight costs.
• Coordinate with source DC logistics, forwarders, and customs brokers to track shipments for timely departure and arrival.
• Regularly review inventory to reduce slow-moving, obsolete, and distressed stock, and report significant issues to Finance.
• Initiate Change Requests to the Master Data team for new material master creation, extensions, or revisions in SAP.
• Collaborate with affiliates' logistics and 3PL providers on inventory accuracy at warehouses, and report significant variances to Finance.
• Ensure timely inventory destruction at warehouses and coordinate with the Service team for disposition of idle instruments.
• Work with Global SME to maximize planning tools usage like ADDOne and provide feedback for process improvements.
• Serve as the first contact point for Commercial on inventory availability.
• Publish and review supply chain metrics related to inventory DOH, distress, order fill rate, backorder value, and source DC performance. Automate reporting processes.
• Support continuous improvement programs to enhance efficiency.
• Participate in Gross Margin Improvement initiatives related to Planning.
• Review and update planning process gaps in the playbook to reflect actual practices.
• Ensure all workflows and processes comply with Abbott OEC policies and procedures.

Education:

Bachelor's degree in Supply Chain Management, Statistics, Analytics, or related disciplines.