Instrumentation Laboratory Company

Demand Planner II

Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6-10 years of inventory management experience and knowledge of material planning and distribution systems
  • Certification from ASCM or a similar organization preferred
  • Bachelor's degree in Business, Statistics, Industrial Engineering, Economics or equivalent experience
  • Experience managing shelf life controlled products
  • 6 years of direct or preparatory experience in a similar role
  • Familiarity with computerized inventory systems, preferably SAP
  • Strong computer skills, including proficiency in spreadsheets and databases.

Responsibilities

  • Oversees inventory replenishment planning and coordinates with partners; manages orders and inventory positions.
  • Leads teams in data analytics to set annual inventory goals for finished goods.
  • Identifies and resolves issues to minimize scrap exposure.
  • Coordinates shipments and monitors stock levels; adjusts based on forecasts.
  • Reviews stocking orders for product availability and ensures compliance with shipping dates.
  • Develops inputs for inventory management systems and communicates new product information across departments.
  • Prepares and distributes detailed reports related to inventory status and backorders.

Benefits

  • Opportunity for professional growth through ongoing learning and challenges.
  • Engagement with cross-functional teams to enhance collaboration.
  • Exposure to significant inventory management responsibilities with a direct impact on operational efficiency.
Full Job Description
Overview

Position Summary:

Creates and maintains processes to plan and control inventory of finished goods for warehouses/distribution centers to meet sales and distribution demand. Analyzes inventory levels, planned production, and sales forecast. Develops/maintains inputs to computerized inventory management system.

Responsibilities

Key Accountabilities:
  • Oversees the planning and coordination of inventory replenishment with strategic partners; requisites purchase orders and interplant orders; analyzes inventory levels and inventory positioning to ensure compliance.
  • Leads cross-functional teams performing data analytics to set annual inventory goals for finish goods.
  • Projects and minimizes scrap exposure by identifying issues and proposing solutions
  • Coordinates shipments to strategic partners, including drop shipments, replenishment, and lot management. Monitors forecast and safety stock levels, and adjusts accordingly. Maintains frequent communications with strategic partners on a variety of subjects, including order information, recalls, and shipping issues.
  • Reviews stocking orders with strategic partners for product availability and scheduled ship dates. Allocates shelf life products for shipment to ensure that they satisfy the contract minimum dating requirement. Projects monthly shipments to strategic partners in terms of products, quantities, and dollars. Coordinates shipments with Werfen shipping operations.
  • Develops and maintains inputs to computerized inventory management system. Reviews and adjusts forecast information. Communicates with marketing, manufacturing, and distribution to introduce new products into inventory.
  • Prepares and distributes numerous weekly/monthly status reports relating to backorders, reagent planning, and similar subjects. Performs other related duties as assigned.
Internal Networking/Key Relationships:
  • Key process related stakeholders, Sales, Marketing, Customer Service, Distribution, Finance, Logistics and Plant Operations.

Skills & Capabilities:
  • Strong verbal and written communication skills
  • Able to work well with diverse groups of people
  • Courtesy and tact to ensure effective and efficient solutions.


Qualifications

Minimum Knowledge & Experience Required for the Position:
  • 6 to 10 years of working knowledge of inventory management practices and procedures, material planning, and distribution systems; certification from Association For Supply Chain Management (ASCM) or other forecasting certification preferred.
  • Experience with Demand Planning and the Sales and Operations Planning Process in a mixed distribution and direct to customer model.
  • Bachelor's degree in Business, Statistics, Industrial Engineering or Economics, or equivalent work experience.
  • Experience working with products controlled by shelf life.
  • A minimum of 6 (six) years' experience in similar/preparatory work required.
  • Previous experience with computerized inventory and distribution management systems, preferably SAP.
  • Proficiency with computers, including spreadsheet, database, and word processing programs.
International Mobility:
  • Required: no
Travel Requirements:
  • Travel 10-15% at times.

The annual salary range Werfen reasonably expects to pay for the position is $95,000 to $120,000. Compensation is reasonably based upon multiple factors including education, relevant experience, skillset, knowledge, and specific needs of the business.

If you are interested in constantly learning and being challenged on a daily basis we encourage you to submit your resume or CV.

About Instrumentation Laboratory Company

Instrumentation Laboratory Company (IL) is a global leader in the development, manufacturing and distribution of diagnostic solutions for Acute Care Diagnostics, with a focus on Critical Care and Hemostasis testing. Our success comes from a specific focus in these rapidly evolving diagnostic areas, our commitment to customers, and our dedication to innovation and quality. IL develops, manufactures and distributes diagnostic solutions including: critical care systems, hemostasis systems and information management systems. IL's products are used in hospitals around the world, including large hospital systems, independent hospitals and clinics, and reference laboratories. IL is headquartered in Bedford, Massachusetts, and has operations in Europe, the Middle East, Africa, Asia-Pacific, and Latin America.
Learn more about Instrumentation Laboratory Company
Size
1,000 employees
Industry
Net Income
$50 million
5 Year Trend
+5%
Revenue
$500 million

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