Planning Analyst

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritional, and branded generic medicines. Our 113,000 colleagues serve people in more than 160 countries.

Main Job Responsibilities:  

• Review historical sales and establish a demand trend to build a baseline supply plan.
• Drive monthly S&OP meetings to determine any one-off event, seasonality, and additional/reduction in demand due to market/customer penetration/exit to finalize the demand plan.
• Review salable inventory on hand, stock in transit, safety stock level, and transit time to work the supply requirement and raise the order.
• Regular review of inventory DOH (Days On Hand) to minimize out-of-stock and backorder. Collaborate with the team to expedite backorder from the source
• Collaborate with the team to align on inventory holding strategy, safety stock, order frequency, minimum shelf life, lot sequestering & shipping mode to maximize order fill rate and minimize inventory holding and freight cost
• Coordinate with internal and external customers to track the shipment for timely departure and arrival. Coordinate on delay or discrepancy
• Regular review of inventory to reduce slow-moving, obsolescence, and distressed inventory
• Responsible for initiating Change Request for all new material master creation, extension, or revision in SAP
• Collaborate with affiliates logistics and 3PL on inventory accuracy at the warehouse.
• Responsible for timely inventory destruction at the warehouse. Coordinate with the internal team for the disposition of idle instruments at the warehouse
• Responsible to maximize the use of planning tools and provide feedback for improvement on the planning process
• 1st contact point for the inventory availability
• Publish/review Supply Chain metrics with inventory, distress, order fill rate, backorder value as well as performance.
• Support Area on continuous improvement program to drive efficiency and Gross Margin Improvement initiatives
• Regular review and update on the playbook to keep it up to date against the actual process.
• Ensure all workflow and processes adhere to the policy and procedures.