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Sr. Inventory Planner (P3)
Manyata - Bengaluru India
Position Summary
The Sr. Inventory Planner is responsible for planning and coordinating the global inventory settings and levels in line with agreed and defined strategies. Interacts with operational leaders and relevant stakeholders to assure supply continuity while effectively balancing inventory costs globally. Executes to pre-defined planning strategies for specific product categories and ensures alignment on the planning strategy. Serves as subject matter expert on inventory optimization system and other inventory planning and reporting tools.
The Sr. Inventory Planner will interact closely with the global inventory planning team under the global sales & operations planning (S&OP) organization warehousing/distribution and regional buyers/planners responsible for managing the inventory in their respective product categories and sites.
Key responsibilities:
- Executes inventory planning activities in alignment with inventory strategies to meet agreed service level and operational needs.
- Coordinates with regional teams to ensure alignment on inventory targets including key drivers of inventory composition (safety stock min/max targets business continuity stock overstock and scrap) and seeks common understanding of regional needs.
- Analyzes data to identify opportunities for inventory optimization including minimizing excess inventory slow-moving items and obsolete stock.
- Performs monthly and quarterly controls to support cycle counts and excess and obsolescence (E&O) processes to ensure SOX compliance.
- Generates regular reports on inventory performance metrics such as inventory turnover rate stock-out rate and carrying costs.
- Utilizes SAP IBP Inventory Optimization solution to manage segmentation min/max lot size and safety stock settings and generate reports.
- Creates runs and monitors process templates application jobs and other background processes in SAP IBP as needed.
- Partners with the global inventory planning team and GIS to provide input to system design enhancements and upgrades in additional to troubleshooting technical issues.
- Participates in various improvement projects as needed.
Requirements:
- Bachelors degree in business operations supply chain management or a related field and 5 years of experience in supply planning forecasting and/or inventory management across multiple product lines
- Direct experience with supply and demand processes including forecasts receipt and delivery processes inventory reports accuracy validation procedures cycle counts and audit procedures is preferred
- Strong analytical skills with proficiency in data analysis tools and Excel
- Experience with ERP and MRP systems preferably SAP
- Ability to communicate and collaborate with different departments across a global matrixed organization
- APICS CPIM CSCP or other professional certifications preferred
- Should be willing to work in the shifts.
We are a company deeply rooted in belonging promoting an inclusive environment where employees feel valued and empowered to contribute to our mission. Built on a strong foundation Illumina has always prioritized openness collaboration and seeking alternative perspectives to propel innovation in genomics. We are proud to confirm a zero-net gap in pay regardless of gender ethnicity or race. We also have several Employee Resource Groups (ERG) that deliver career development experiences increase cultural awareness and offer opportunities to engage in social responsibility. We are proud to be an equal opportunity employer committed to providing employment opportunity regardless of sex race creed color gender religion marital status domestic partner status age national origin or ancestry physical or mental disability medical condition sexual orientation pregnancy military or veteran status citizenship status and genetic information. Illumina conducts background checks on applicants for whom a conditional offer of employment has been made. Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable local state and federal laws. Background check results may potentially result in the withdrawal of a conditional offer of employment. The background check process and any decisions made as a result shall be made in accordance with all applicable local state and federal laws. Illumina prohibits the use of generative artificial intelligence (AI) in the application and interview process. If you require accommodation to complete the application or interview process please contact To learn more visit: The position will be posted until a final candidate is selected or the requisition has a sufficient number of qualified applicants. This role is not eligible for visa sponsorship.
Required Experience:
Senior IC