Sr Demand Planner
Sr Demand Planner
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$ 86400 - 129600
1 Vacancy
Job Description
At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected compassionate world.
A Day in the Life
At Medtronic we seek out and hire a diverse workforce at every level: We need fresh ideas and inclusive insights to continue to be an innovative industry leader thats why we make it a point to attract and develop employees who are patient-centric passionate and who represent the same wide variety of life experiences as our patients. Look below at this job description and for videos about what makes Medtronic a great place to work.We are currently seeking a Sr Demand Planner within Endoscopy Demand Planning organization. This is not a fully remote position but there are multiple Medtronic sites from which you can be located to enable hybrid work (approved Medtronic locations considered).
Medtronic is intensely focused on creating a workplace environment which reflects our standing as the worlds top medical device company. The ideal candidate will have a passion for the patients we serve and an unrelenting desire to improve our business by driving supply chain solutions.
Do meaningful work make a difference and improve lives starting with your own!
In this role you will be directly responsible for the global demand planning activities for assigned operating unit(s). This includes analysis reconciliation preparation for and facilitation of the Global Demand Review step within the Integrated Business Planning process as well as follow through of the execution of IBP decisions and strategies. This position works in close partnership with regional demand planners global supply chain regional/global finance and IBP leadership.
As a member of a highly collaborative cross-functional team you will support business growth and profitability objectives including customer satisfaction and product cost management. You will monitor each stage of the product lifecycle including new product launch planning and execution.
In addition you will assess variation within demand and supply and proactively manage alignment and communication flows. You will liaise with and coordinate across multiple manufacturing sites and distribution centers which directly impact product availability and customer service level. You will support implementation of global/regional process and systems enhancements to improve supply chain efficiency.
Responsibilities will include but are not limited to
- Collaborate with regions and commercial partners to align on demand forecast in units including both revenue and non-revenue.
- Assist in the improvement of demand forecasting accuracy for internal and external customers including determining the appropriate algorithm for statistical forecasts.
- Review KPI (Forecast Accuracy Bias and Forecast Value Add) and identify gaps and actions to improve and reach goals. This includes working with regional partners and commercial partners to understand consistent bias and/or negative forecast value add and align on actions to improve.
- Manage the monthly Integrated Business Planning cycle by providing recommendations for improvements such as data analytics on outliers low forecast accuracy high bias and products which need to be reviewed by regional demand planning.
- Review historical sales trends research demand drivers compare & refine forecast models summarize data validate and evaluate forecast results.
- Use understand and maintain cross-functional linkages within the organizations demand planning software. (Blue Yonder or other ERP system)
- Provide demand consumption and forecast change highlights in weekly S&OE meeting and ensure smooth demand/supply hand-off.
- Address demand-related issues in a timely and effective manner and communicate potential solutions.
- Ensure decisions and direction from the Global Demand Review are incorporated into the plan and driven through the system to the Supply Planning team for execution.
- Maintain quality and consistency of key forecast changes.
- Incorporate structure in the daily/weekly/monthly activities of a Demand Planner to be able to streamline current processes identify opportunities for improvement and execute accordingly so that planners can move from higher percentage of tactical tasks to more analytical and value-added activities.
- Support new product introduction. This includes helping Marketing to translate market intel into a demand unit forecast and working with regions to align and document forecast assumptions. This also includes proper phase out / cannibalization planning for existing products.
Must Have: Minimum Requirements
- Bachelors Degree Required
- Minimum of 4 years of relevant experience or advanced degree with 2 years of relevant experience
Nice to Have
- Supply Chain background/experience preferred: knowledge of finance sales marketing regulatory R&D and other supply chain functions
- Strong written and verbal communication skills with a proven ability to understand key concepts and communicate with business stakeholders (e.g. communicating supply chain information to a non-supply chain audience)
- Organizational skills with the ability to perform under pressure and manage multiple priorities with competing demands
- Strong analytical data processing and problem-solving skills
- Quantitative and qualitative data analysis including business process metrics and measures linking to business KPIs (Forecast Accuracy Bias Forecast Value Add Market Share R&Os)
- Proficient in Microsoft Office: Excel Power BI and PowerPoint
- Familiar with forecasting/demand planning systems and tools
- Demonstrated proficiency in statistics forecasting and forecasting methods with an understanding of financial and operational impacts
- Ability to energize and influence change efforts at all levels of a complex and matrix organization through a collaborative and customer-focused work style
- Medical Device or other regulated industry experience
- Experience with large global manufacturer/distributor operations in a matrix organization.
- Institute of Business Forecasting and/or APICS certification
- Experience applying DMAIC or lean sigma methodologies.
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position but they are not an exhaustive list of all the required responsibilities and skills of this position.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job the employee is regularly required to be independently mobile. The employee is also required to interact with a computer and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits resources and competitive compensation plans designed to support you at every career and life stage.
The following benefits and additional compensation are available to those regular employees who work 20 hours per week: Health Dental and vision insuranceHealth Savings AccountHealthcare Flexible Spending AccountLife insurance Long-term disability leaveDependent daycare spending accountTuition assistance/reimbursement andSimple Steps (global well-being program).
The following benefits and additional compensation are available to all regular employees:Incentive plans 401(k) plan plus employer contribution and matchShort-term disabilityPaid time offPaid holidaysEmployee Stock Purchase PlanEmployee Assistance ProgramNon-qualified Retirement Plan Supplement (subject to IRS earning minimums) andCapital Accumulation Plan (available to Vice Presidents and above or subject to IRS earning minimums).
Regular employees are those who are not temporary such as interns. Temporary employees are eligible for paid sick time as required under applicable state law and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
Medtronic benefits and compensation plans
About Medtronic
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission to alleviate pain restore health and extend life unites a global team of 95000 passionate people.
We are engineers at heart putting ambitious ideas to work to generate real solutions for real people. From the R&D lab to the factory floor to the conference room every one of us experiments creates builds improves and solves. We have the talent diverse perspectives and guts to engineer the extraordinary.
Learn more about our business mission and our commitment to diversity here.
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age color national origin citizenship status physical or mental disability race religion creed gender sex sexual orientation gender identity and/or expression genetic information marital status status with regard to public assistance veteran status or any other characteristic protected by federal state or local addition Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
If you are applying to perform work for Medtronic Inc. (Medtronic) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County you can findhere a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Required Experience:
Senior IC
Employment Type
Full-Time
