Material Planning Manager

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

     

JOB DESCRIPTION:

Material Planning Manager

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with a high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

We’re empowering smarter medical and economic decision-making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

Our Point of Care diagnostic portfolio spans key health and therapeutic areas, including infectious disease, cardiometabolic, informatics, and toxicology.

Our location in Lake Forest, IL currently has an opportunity for a Manager, Global Material Planning. This role provides analysis to Procurement team members which supports the company’s global cash-flow optimization initiatives as well as other end to end supply chain improvements. 

What You’ll Work On

• Collaborates with cross-functional stakeholders across international markets and CMI entities to support the following Supply Chain initiatives through analysis.
• Optimizes inventory levels without decreasing customer service levels.
• Minimizes supply chain scrap expenses.
• Optimizes raw material flow.
• Provides demand and supply forecast analysis to ensure all relevant business requirements and trends are incorporated and appropriately reflected.
• Extracts data from ERP systems to create various complex reports used to identify inventory management issues, expired inventory, stock rotation initiatives, and other inventory/stocking concerns.
• Ensures the accuracy and completeness of planning parameters within the ERP system through collaboration with the site.
• Assists with system implementations to improve forecasting and demand requirements planning.
• Prepares, summarizes, and presents data accuracy, delivery performance, and other key metrics to assess performance, modify raw material supply plans, and prioritize improvement efforts for management.
• Conducts annual refresh of appropriate inventory levels for raw materials.
• Publishes KPIs as required for all inventory-related metrics, including forecast accuracy, days on hand (DOH), scrap reporting, and stock levels.
• Identifies and mitigates risks related to incoming raw materials and escalates as appropriate.
• Identifies and may participate in process improvement projects aimed at enhancing customer service levels, improving raw material supply flows, and minimizing supply chain costs.
• Develops and maintains excellent cross-divisional, cross-functional, and multi-geographical relationships with key business partners.
• Maintains positive and cooperative communications and collaboration with all levels of employees and internal stakeholders.
• Performs other related duties and responsibilities, as assigned.
• Supports all Company initiatives as identified by management and in alignment with Quality Management Systems (QMS), Environmental Management Systems (EMS), and other regulatory requirements.
• Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and