ABOUT 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.

JOB SUMMARY:

This positions drives effectively the monthly Sales & Operations (S&OP) Planning Process for assigned product lines, including development & implementation of strategies to support product launch planning, inventory & obsolescence management, product rationalization and monitoring of key demand planning performance indicators. The Demand and Supply Planning Specialist is also responsible for executing and monitoring of all supply & distribution planning activities to ensure timely availability of material while meeting inventory targets, minimizing obsolescence and optimizing costs. Overall responsibility includes ensuring accurate business assumptions and integration with business plans to reduce forecast error. Owning finished goods inventory target methodology used across global distribution sites for assigned products.

RESPONSIBILITIES:

Demand Planning & Forecasting

• Lead monthly S&OP review meetings and challenge the assumptions and numbers provided in the analysis in order to solicit functional knowledge to improve forecast accuracy
• Submit periodic Net Requirement Forecast through SAP, based on cross-functional discussions, analyses on sales forecast, new product launches, phase-In/out schedule, etc.
• Work closing with sales and marketing teams, regulatory, global planning, and local supply chain team striving to provide and accurate demand signal

Supply Planning

• Review and manage STOs generated by system. Minimize manual process
• Place manual STOs when required
• Follow up and expedite shipment with distribution centers/ factories/ suppliers
• Determine and maintain SNP parameters in SNP

Inventory Planning and Control

• Drive phase-in/ out processes for assigned product lines.
• Communicate implementation plans (and relevant changes) to geographies consistent with marketing & integrated business plans
• Ensure inventory policies & LBE targets are met by working closely with commercial, marketing and finance team to create appropriate inventory control
• Monitor safety stock and reorder points without hampering the customer service levels
• Monitor and reduce scrap
• Monitor DOH and drive DOH reduction
• Monitor backorder and Line Fill Rate
• Contribute to phase-in/phase-out processes for assigned product lines. Communicate implementation plans (and relevant changes) to geographies consistent with Marketing & integrated business plans
• Coordinate inventory allocation and/or transfer during times of supply constrain or in excess

Reporting

• Create reports on sales/demand forecast accuracy, run-rate, inventory, short UBD, expiry etc.
• Maintain forecasts and planning factors in demand planning system

Continuous Improvement

• Execute continuous improvement of forecasting process while maintaining costs and scrap rate at appropriate level
• Drive inventory optimization and DOH for cost saving
• Provide trainings to team members to enhance quality of work

OTHER FUNCTIONS AND RESPONSIBILITIES:

• Execute the job responsibilities according to applicable standard operating procedures of Abbott
• Prepare for Audits, Compliances & SOX, etc., Documentations
• Ensure applicable SOP of Abbott executed
• Backup Supply Planning/ Customer Service/ Freight & Distribution functions and when required
• Ad hoc projects

REQUIREMENTS:

• A diploma or equivalent of College graduated
• At least 3 years of working experience in similar roles
• Demonstrates excellent telephone and interpersonal communications skills
• Able to work independently and as part of team
• Able to organize and prioritize work
• Demonstrates basic level of computer literacy with high numerical accuracy
• Have in-depth knowledge of various forecasting techniques, root cause analysis as well as ERP systems