Demand and Supply Planning Specialist
About this position
Responsibilities
Demand Planning & Forecasting
• Lead monthly S&OP review meetings and challenge the assumptions and numbers provided in the analysis in order to solicit functional knowledge to improve forecast accuracy.
• Submit periodic Net Requirement Forecast through SAP, based on cross-functional discussions, analyses on sales forecast, new product launches, phase-in/ out schedule, etc.
• Work closely with sales and marketing teams, regulatory, global planning, and local supply chain team striving to provide an accurate demand signal.
Supply Planning
• Review and manage STOs generated by system to minimize manual process.
• Place manual STOs when required.
• Follow up and expedite shipment with distribution centers/ factories/ suppliers.
• Determine and maintain SNP parameters in SNP Inventory Planning and Control
Inventory Planning and Control
• Drive phase-in/ out processes for assigned product lines.
• Communicate implementation plans (and relevant changes) to geographies consistent with marketing & integrated business plans.
• Ensure inventory policies & LBE targets are met by working closely with commercial, marketing and finance team to create appropriate inventory control.
• Monitor safety stock and reorder points without hampering the customer service levels.
• Monitor and reduce scrap.
• Monitor DOH and drive DOH reduction.
• Monitor backorder and Line Fill Rate.
• Contribute to phase-in/ phase-out processes for assigned product lines.
• Communicate implementation plans (and relevant changes) to geographies consistent with Marketing & integrated business plans.
• Coordinate inventory allocation and/ or transfer during times of supply constraint or in excess.
Reporting
• Create reports on sales/ demand forecast accuracy, run-rate, inventory, short UBD, expiry etc.
• Maintain forecasts and planning factors in demand planning system.
Continuous Improvement
• Execute continuous improvement of forecasting process while maintaining costs and scrap rate at appropriate level.
• Drive inventory optimization and DOH for cost saving.
• Provide trainings to team members to enhance quality of work.
Other Functions And Responsibilities
• Execute the job responsibilities according to applicable standard operating procedures (SOPs) of Abbott.
• Prepare for Audits, Compliance.
Requirements
• Strong analytical skills and attention to detail.
• Proficiency in SAP and demand planning systems.
• Excellent communication and collaboration skills.
• Ability to work in a fast-paced environment and manage multiple priorities.
• Experience in supply chain management or related field.