About the role
Work Schedule
Standard (Mon-Fri)Environmental Conditions
OfficeJob Description
About Company:
Thermo Fisher Scientific Inc. is the world leader in serving science, with revenues of more than $35 billion and approximately 90,000 employees globally. Our Mission is to enable our customers to make the world healthier, cleaner and safer. We help our customers accelerate life sciences research, solve complex analytical challenges, improve patient diagnostics, deliver medicines to market and increase laboratory productivity.
Through our premier brands – Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific and Unity Lab Services – we offer an unmatched combination of innovative technologies, purchasing convenience and comprehensive services.
About Team: The hire will be part of high performing supply chain team for particular business vertical. Members in this team have wide range of experience & commercial knowledge in all supply chain activities order management, customer service, procurement, vendor development, WH & Logistics, Import/Exports. The person will work with these peers and gain advantage through huge learning opportunities.
Role & Responsibilities
Purpose: The Incumbent is expected to maintain optimum inventory levels and meet inventory/ DOS goals without impacting material availability. Need to exhibit a thorough knowledge of planning, scheduling, cost control and quality control. Need to meet the documentation expectation of import clearance & EXIM activities. Drive SIOP, IVD material planning & procurement through Thermo Fisher factories and external vendors
REQUIREMENTS:
- Masters, or Bachelor's Degree plus 2 to 4 years of experience in demand & supply planning .
- Preferred Fields of Study: Business, Science, Engineering or related field
Responsibilities:
Demand Planning:
- MTO / MTS determination
- Define ROP levels using historical data
- Consensus on MTO / MTS and ROP Levels with Commercial teams
- Monitor and measure inventory performance against ROP levels to ensure zero controllable stockouts
Supply Planning:
- Define and supervise stock levels across the network per stocking norms
- Generate MRP through SAP, considering ROP levels / Forecast
- Ensure timely order placements and track deliveries rigorously
- Maintain supply consensus with business partners
- Prevent controllable stock-outs of materials
- Prepare, review, and circulate shippable backlog quarterly
- Review and ensure accuracy of network inventory for system hygiene
- Share insights with customer service team on material availability
- Build quarterly decks for critical issues on constraint SKUs
- Coordinate with cross-functional teams to ensure timely material processing
- Conduct monthly, quarterly, and weekly reviews with factories
Drive SIOP:
- Prepare and consolidate SIOP data with team members
- Present SIOP data to commercial, product, finance teams, advising on forecasts and challenges
- Align on management decisions during SIOP reviews
- Draft and publish MOMs of SIOP meetings
- Ensure follow-ups on action items from SIOP meetings
Data Analytics and Process Improvements:
- Apply data science experience to analyze datasets and uncover trends
- Support business analytics related to planning and procurement
- Implement efficiency through elimination, automation, and outsourcing
- Identify process improvement opportunities to improve system efficiency
Inventory Management:
- Drive inventory planning as per the Annual Operating Plan (AOP)
- Supervise SKU/location-level DOS performance
- Engage with commercial teams to handle slow-moving and non-moving stock
- Collaborate with global supply chain teams to liquidate excess inventory
- Meet DOS and inventory targets using simulation methods and scenario planning
Key critical metrics:
- Days of stock (DOS)
- Inventory Entitlement
- Expired and Obsolete (E&O)
- LIFR (Fill Rate)
- Forecast Accuracy
- LOTC (Supplier Fill Rate)
- Visibility Accuracy
- Factory performance
- PPI
Note: Track bowler for all KRAs monthly.
At Thermo Fisher Scientific, each one of our 90,000 extraordinary minds has a unique story to tell. Apply today http://jobs.thermofisher.com .
Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.
Aplyr's read
Thermo Fisher Scientific is a powerhouse in biotechnology, attracting professionals passionate about advancing scientific research and innovation across diverse roles and regions.
What's promising
- •Thermo Fisher is a leader in the biotech industry, offering stability and growth potential.
- •The company invests heavily in R&D, fostering innovation and cutting-edge solutions.
- •Global presence provides diverse career opportunities across multiple regions and disciplines.
What to watch
- •High pressure and fast-paced environment may not suit everyone.
- •Complex organizational structure can lead to communication challenges.
- •Frequent acquisitions may result in uncertainty and change for employees.
Why Thermo Fisher
- •Thermo Fisher's broad product portfolio spans laboratory equipment to clinical diagnostics.
- •The company plays a crucial role in global scientific advancements and healthcare solutions.
- •Strong focus on sustainability and corporate responsibility sets it apart in the industry.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Thermo Fisher
Thermo Fisher Scientific is a global leader in serving science, providing a range of products and services to help researchers and scientists in laboratories and clinical settings.
