Inventory Planner
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Job Title
Inventory PlannerJob Description
The Inventory Planner is responsible for managing the supply planning of Medical Consumables and US Lumify accessories to meet business targets. This role oversees stock movements inventory integrity and processes within third-party logistics providers (3PLs). The planner ensures inventory levels support customer demand while maintaining accuracy and compliance across all planning activities.
Key Areas of Responsibility
Sales & Operations Planning (S&OP)
Own and manage the end-to-end S&OP process.
Lead monthly S&OP supply review meetings defining and reviewing mid- and long-term supply plans in collaboration with Leadership and Business teams.
Prepare and distribute meeting decks and actionable outputs for HPM AMD EC consumables and US Lumify & accessories.
Inventory & Supply Management
Manage phase-in and phase-out execution from planning and inventory perspectives.
Support cross-functional teams to ensure product availability and operational visibility.
Conduct weekly reconciliation of SAP vs WMS inventory to maintain inventory accuracy.
Implement and enforce robust inventory controls.
Maintain SAP data accuracy including GR on time stock transfers and WIP inventory reviews.
Manage expiry and shelf-life data in SAP collaborating with global teams.
Cross-Functional Collaboration
Work closely with BU Managers Product Managers Finance Sales and supply chain teams to process Medical Consumables requests efficiently and accurately.
Inventory Analysis & Planning
Perform monthly ABC analysis to categorize inventory.
Plan inventory based on historical consumption sales forecasts and ABC categories.
Maintain process documentation for ABC categories and drive continuous process improvements.
Warehouse & Inventory Management
Oversee cycle counts stock analysis and SAP-WMS reconciliations.
Conduct stock takes reconcile discrepancies and finalize adjustments.
Manage buybacks rebalancing and returns to factories.
Drive supply chain improvements focused on inventory optimization.
Manage ship-hold procedures for hazardous parts.
Ensure quarterly provisions and weekly reviews of aged inventory.
Key Performance Indicators (KPIs)
Inventory availability
Inventory as a percentage of material sales
Excess and aging stock levels
Expiry management effectiveness
SAP vs WMS variance accuracy
SAP master data accuracy
Education & Experience
Degree in Supply Chain Management Business or related field.
Proven experience in supply chain planning or materials management.
APICS CPIM certification preferred but not mandatory.
Intermediate proficiency in SAP.
Strong analytical skills with intermediate to advanced MS Office (Excel) capabilities.
Fluent in English (verbal and written).
Competencies & Skills
Data Analytics
Integrated Supply Chain Management
Operational Excellence
Operations Planning
Supply Chain Planning Fundamentals
Sales & Operations Planning (S&OP) / Integrated Business Planning (IBP)
How we work together
We believe that we are better together than apart. For our office-based teams this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the companys facilities.
Field roles are most effectively done outside of the companys main facilities generally at the customers or suppliers locations.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters and we wont stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
Learn more about our business.
Discover our rich and exciting history.
Learn more about our purpose.
If youre interested in this role and have many but not all of the experiences needed we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care here.
Philips is an equal opportunity employer committed to building and supporting an inclusive workforce that reflects the diverse communities we operate within. Your application will be fairly assessed regardless of your race religion color national origin gender sexual orientation age marital status veteran or disability status.
Were living this commitment through our Reconciliation Action Plan and employee-led resource groups and we encourage people from all backgrounds including Aboriginal and Torres Strait Islander Māori and Pacific Peoples to apply.
Should you require assistance during your application process due to accessibility reasons we will accommodate this upon request.
Key Skills
- Inventory Control
- Continuous Improvement
- Pivot tables
- SAP
- Supply Chain Experience
- Microsoft Dynamics Navision
- SAP EWM
- SAP S/4HANA
- Microsoft Excel
- Production Planning
- Retail Math
- MRP
About Company
Philips has been revolutionizing lighting for over 125 years. We pioneered the world changing development of electric light and LED, and are now leading the way in intelligent lighting systems. Our deep understanding of how lighting positively affects people, enables us to deliver inn ... View more
