Director, Inventory Excellence

Posted:
11/5/2024, 4:00:00 PM

Location(s):
New Jersey, United States ⋅ New Brunswick, New Jersey, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Operations & Logistics

Workplace Type:
Hybrid

Working with Us
Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. Take your career farther than you thought possible.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us.

Role overview

Job Title: Director, Global Process Owner, Inventory Excellence

Job Grade: EG-150

Department: Process & Digital Excellence, Global Supply Chain

Direct report: 5

Reports to: Executive Director, Supply Planning Excellence, Global Supply Chain, Process and Digital Excellence

Job Purpose

The Director, Global Process Owner, Inventory Excellence leads companywide efforts to optimize inventory, develops inventory targets across the network to ensure supply to patients and supporting supply chains and is accountable for the coordination of annual Budget process (volumes and dollars)

Key responsibilities

  • Defines and articulates the role of the inventory excellence team within GSC, GPS, and BMS.
  • Works with key stakeholders to understand business needs and to align on what the inventory excellence team will contribute towards the realization of these business goals. 
  • Sets near- and long-term strategy and goals for the inventory excellence team and identifies capabilities and resources required to meet these commitments.
  • Manages and develops the members of the inventory management team. Establishes expectations for the team and its members. Solicits developmental feedback from key stakeholders and provides coaching to individual team members.
  • Applies a combination of business knowledge and supply chain techniques to develop different analytics and modelling methods of establishing inventory targets and optimizing inventories.
  • Is accountable for the identification, definition, implementation, and sustainability of new processes and, as required, technologies required to meet business objectives and support optimization of inventories. 
  • Ensures alignment of inventory management processes and technologies with other key business objectives. 
  • Leads company wide effort to optimize inventory.  Accountable to identify key inventory drivers and opportunities for optimization.  Enlists support from other business functions to align on and drive inventory optimization.
  • Accountable for developing and maintaining inventory targets across the supply network (internal nodes and CMOs); to meet brand specific risk mitigation and service level goals; and to meet companywide inventory objectives. 
  • Aligns with management on assumptions and frames discussion on the different options and risks.
  • Partnering with business leaders, understands key business objectives for priority and key established brand. 
  • Accountable for the execution of inventory management processes including inventory budget and projections, inventory reporting, business continuity inventory assessment, and finished goods safety stocks. 
  • Works with key stakeholders to ensure deliverables continue to be relevant and aligned with business needs. 
  • Establishes expectations with business leaders of key processes, supporting the execution of inventory management functions. This includes Information Technology, Business Information and Analytics, Global Data Management, Global Supply Planning, Customer Partnership & Supply Orchestration, Global Delivery Solutions, Commercial, and Finance.  Escalates any issues impacting execution.
  • In conjunction with the rest of the GSC functional teams and GPS partners, ensure policies and procedures are in place which meet compliance requirements

Professional experience and qualifications

Education:

  • B.S. or BA in supply chain, management and/or engineering (biotechnology, biology, chemistry, pharmacy, engineering or related disciplines). 
  • Advanced certification in Supply Chain Management strongly preferred (e.g. APICS CSCP/ CPIM).
  • Operational excellence experience (Green/Black belt or equivalent) preferred.

Experience:

  • 10+ years of experience in Supply Chain Management
  • Track record of leading transformational projects with high performing teams with cross functional teams
  • Experience with Inventory Management/ Inventory Excellence highly desired.
  • Lean/ Six Sigma certification highly desired.
  • Good understanding and exposure to current Good Manufacturing Practices (cGMP), Food and Drug Administration (FDA) and other regulatory requirements.
  • Exposure and experience in Biotech/ Pharmaceutical manufacturing processes, principles and practices.

  Additional professional and personal requirements include:

  • Business Acumen & Enterprise Mindset:  Has a strong understanding of the key business drivers of the industry/organization.  Persuades others with fact-based judgments of the business situation. Understands the big picture, beyond their own functional area. Leads within the broader internal and external network and seeks to have impact on organization-wide performance. Embraces complexity but strives for simplicity. Shares resources and makes difficult trade-offs to benefit the organization at large.
  • Building Relationships & Influencing:  Establishes credibility and earns respect with a diverse set of internal and external cross functional stakeholders. Is articulate and makes arguments in a clear and compelling manner.
  • Operational Excellence mindset: Embraces operational excellence and can lead global teams towards transformational changes.
  • Problem solving skills: Effectively structures business problems; leverages data (qualitative and quantitative) to identify insights and inform recommendations; leverages key matrix partners. Conveys a sense of urgency and drives issues to closure. 
  • Change Agility: Creates a vision for the future by spotting strategic opportunities for breakthrough performance. Translates the case for change into actionable plans for the organization. Demonstrates smart risk-taking and personal resilience when implementing change. Enables others to navigate change with confidence and in sustainable ways.

#LI-Hybrid

If you come across a role that intrigues you but doesn’t perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

Uniquely Interesting Work, Life-changing Careers
With a single vision as inspiring as “Transforming patients’ lives through science™ ”, every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in an inclusive culture, promoting diversity in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.

On-site Protocol

BMS has a diverse occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role:

Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.

BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to [email protected]. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.

BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.

BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/

Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.

Bristol Myers Squibb

Website: https://bms.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1887

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Biotechnology ⋅ Health Care ⋅ Medical ⋅ Pharmaceutical ⋅ Precision Medicine