Johnson & Johnson

Inventory Lead

Johnson & Johnson • $87K — $140K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Supply Chain, Business Management, or Engineering preferred
  • 4+ years of relevant professional experience
  • Strong background in data and analytics
  • Financial competence with an understanding of the supply chain's impact on profitability
  • Excellent communication and presentation skills
  • Highly developed organizational skills for managing multiple priorities
  • Self-motivated with strong collaboration abilities

Responsibilities

  • Optimize inventory levels using sales data and recommend improvements
  • Manage life cycle of products to prevent obsolescence
  • Establish processes to address expiry risks effectively
  • Coordinate field inventory deployments and retrievals with Supply Planning
  • Maintain positive relationships with key functions across the organization
  • Identify and implement opportunities for continuous process improvement
  • Execute SOx controls for consignment inventory management

Benefits

  • Opportunities for professional development and growth
  • Innovative work environment at a leading medical technology company
  • Collaborative team culture focused on improving healthcare outcomes
  • Involvement in cutting-edge supply chain analytics and processes
  • Potential for travel to various sites, enhancing professional exposure
Full Job Description
Job Function:
Supply Chain Planning

Job Sub Function:
Inventory Management

Job Category:
Professional

All Job Posting Locations:
Markham, Ontario, Canada

Job Description:

Johnson & Johnson MedTech is recruiting for an Inventory Lead. This position is located in Markham, ON Canada.

Johnson & Johnson MedTech has been working to make surgery better for more than a century. With substantial breadth and depth in surgical technologies and interventional solutions, we aspire to improve and enhance medical care for people worldwide. Together, we are working to shape the future of health through differentiated products and services.

Fueled by innovation at the intersection of biology and technology, we're developing the next generation of smarter, less invasive, more personalized treatments.

Your unique talents will help patients on their journey to wellness. Learn more at https://www.jnj.com/medtech

Are you interested in joining a team delivering innovative supply chain capabilities through analytics support and best in class processes? Apply today!

As an Inventory Lead, you will play a key role in the optimization of our total inventory, including field inventory, improving product availability to customers and positively impacting our financials. You will work in collaboration with our Supply Chain Planning and our Commercial and Finance teams.

Key Responsibilities:
  • Working Capital efficiency: using sales data, identify and recommend actions to optimize inventory across the Canadian network. Provide recommendations to place inventory where it could increase turns and retrieve inventory when and where it is no longer needed.
  • Life Cycle Management: based on Marketing portfolio timelines, retrieve inventory from consignment locations as soon as product lines become obsolete, customer account is closed, or new technology is deployed.
  • Expiry Management: establish a process to identify expiry risk and take action to retrieve inventory before it expires.
  • Complete deployments and retrievals of field inventory in coordination with the Supply Planning and Deliver teams in accordance with overall consigned inventory strategy
  • Ensure positive relationship and end-to-end alignment with key functions: commercial organizations, local and regional supply chain organizations
  • Find opportunities for continuous improvement to be implemented in functional processes.
  • Responsible for the execution of the SOx controls for inventory in consignment.


Qualifications:

Education: A minimum of a Bachelor Degree and/or equivalent University degree required; focused degree in Supply Chain, Business Management or Engineering preferred.

Required:
  • Minimum four (4) years of relevant professional work experience.
  • Experience in supply chain
  • Strong background in data and analytics
  • Strong Financial Competence and strong understanding of impact of Supply Chain in the overall profitability of the organization.
  • Strong communication and presentation skills
  • Self-motivated with the ability to collaborate and engage with multiple partners and at different levels of the organization.
  • Highly developed organizational skills - able to handle multiple high priority tasks/projects concurrently.
  • Self-starter and problem-solving mentality


Preferred:
  • Cross-functional experience in Supply Chain in a Medical Devices or MedTech organization.
  • Experience with consignment inventory, preferrably in hospitals or clinics.


Other:
  • May require up to 10% domestic and/or international travel to other sites and locations


Required Skills:

Preferred Skills:
Coaching, Communication, Data Savvy, Demand Planning, Distribution Resource Planning (DRP), Industry Analysis, Inventory Management, Inventory Optimization, Inventory Turnover, Manufacturing Flow Management, Organizing, Problem Solving, Resource Forecasting, Supply Planning, Vendor Managed Inventory (VMI), Warehouse Management

The anticipated base pay range for this position is :
$87,000.00 - $140,300.00

Additional Description for Pay Transparency:

About Johnson & Johnson

Scio Diamond creates single-crystal Type IIa diamonds for the jewelry market and for industrial applications. It employs a patent-protected chemical vapor deposition (CVD) process in a precisely controlled laboratory setting to produce diamonds. It was founded in 2009 and is headquartered in Greenville, South Carolina.

Johnson & Johnson Careers

Joining Johnson & Johnson provides an unparalleled opportunity to be a part of a global team of professionals dedicated to blending care, science, and innovation to profoundly change the trajectory of health for humanity.

Work You’ll Do

At Johnson & Johnson, you will engage in work that matters. Join our community of professionals in health care to drive significant and impactful changes across the globe. Our team at Johnson & Johnson leads with science and heart in sectors from pharmaceuticals to medical devices and consumer health products.

Transform Health Care

Leverage Johnson & Johnson’s culture of innovation to transform health care and improve the lives of people around the world. Our collaborative environment encourages leadership and growth, allowing you to pioneer new strategies for health care solutions with a diverse team of experts.

Innovative Work

Engage in groundbreaking work that enhances how care is delivered on a global scale. Johnson & Johnson’s commitment to innovative health solutions results in dynamic career paths filled with opportunities for professional growth and development.

Be Part of a Great Team

Our team at Johnson & Johnson thrives on collaboration and diversity. You will work alongside over 130,000 employees globally who are committed to making a lasting impact. With a culture that values diversity training and leadership, you are supported in both personal and professional growth.

Future-Proof Your Career

Johnson & Johnson offers a myriad of job opportunities and employment benefits designed to help you meet your career and personal goals. Our employees enjoy comprehensive benefits, including health insurance, retirement plans, and family-friendly policies that pave the way for a fulfilling career and life balance.

Explore Job Opportunities and Internships

Whether you’re looking to start your career or take it to the next level, Johnson & Johnson offers positions ranging from internships to leadership roles across various sectors. Enhance your skills through hands-on experience and our extensive networking and mentorship programs.

Johnson & Johnson Leadership and Development

Our commitment to leadership and continuous learning is at the core of our employment philosophy. Every position offers chances to lead, learn, and innovate. We provide extensive training programs and development courses that prepare you for the future of health care.

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Learn more about Johnson & Johnson
Size
141,700 employees
Market Cap
$462.7 billion
Industry
Net Income
$14.7 billion
Founded
1886
5 Year Trend
+5.5%
Revenue
$82.5 billion
NASDAQ

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