Demand Planner

$72,700 - $145,300/Yr

Abbott Laboratories - Austin, TX

posted about 2 months ago

Full-time - Mid Level
Austin, TX
10,001+ employees
Miscellaneous Manufacturing

About the position

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. Abbott is a global healthcare leader, creating breakthrough science to improve people's health. We're always looking towards the future, anticipating changes in medical science and technology. In this role as a Demand Planner, you will work out of our Austin, TX location in the Cardiac Rhythm Management division. As a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats. The Demand Planner works without appreciable supervision, developing and issuing the finished goods forecast per value stream assigned, which translates into manufacturing plans by partnering with cross-functional groups including marketing, supply chain management, supply planning, purchasing, finance, program management, regulatory, research and development, and clinical. You will serve as the CRM product portfolio forecast owner, incorporating all elements of business drivers into the plan. This includes leading cross-functional consensus meetings to ensure key stakeholders provide feedback and updates that could influence finished goods demands. You will partner closely with Marketing, Finance, and Commercial to drive optimal short and long-term demand plans to achieve financial and operational targets. The demand planner will apply analytical techniques and leverage statistical modeling to develop unbiased demand forecasts that enable the right product supply in support of the company's financial and operational objectives. Your responsibilities will also include performing statistical data analysis to identify relations, patterns, and features that predict forecasting trends and performance metrics projections. You will create a monthly forecast plan that translates into manufacturing build plans, considering key elements such as backorder mitigation, minimizing the time finished goods sit in inventory, and managing finished goods safety stock. Additionally, you will track forecast key performance indicators (KPIs) and continually develop plans to improve results, analyze shipment history, inventory trends, and sales performance to proactively identify issues and introduce forecast changes, improving accuracy and contributing to line fill rate success. This position requires compliance with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, company policies, operating procedures, processes, and task assignments. You will also perform other related duties and responsibilities, as well as ad hoc requests, as assigned.

Responsibilities

  • Serve as the CRM product portfolio forecast owner, incorporating all elements of business drivers into the plan.
  • Lead cross-functional consensus meetings to ensure key stakeholders provide feedback and updates that could influence finished goods demands.
  • Partner closely with Marketing, Finance, and Commercial to drive optimal short and long-term demand plans to achieve financial and operational targets.
  • Create and incorporate cross-functional business assumptions to develop an accurate forecast plan.
  • Apply analytical techniques and leverage statistical modeling to develop unbiased demand forecasts.
  • Perform statistical data analysis to identify relations, patterns, and features that predict forecasting trends and performance metrics projections.
  • Create a monthly forecast plan that translates into manufacturing build plans.
  • Design solutions to adjust to demand-based finished goods inventory changes, including field consigned inventory.
  • Track forecast key performance indicators (KPIs) and continually develop plans to improve results.
  • Analyze and review shipment history, inventory trends, and sales performance to proactively identify issues and introduce forecast changes.
  • Prepare S&OP template for S&OP management review and justify actions.
  • Develop new product launch plans with input and collaboration from selling divisions, production, marketing, R&D, and regulatory.
  • Review criteria for new product numbers (ZFIN) requests, create new ZFIN setup, and maintain master data.

Requirements

  • Bachelor's Degree in Engineering, Accounting, Finance, or Business Administration, or an equivalent combination of education and work experience.
  • Minimum 3 years of experience in forecasting and/or supply chain planning and management, financial experience.
  • Understanding of Demand Planning and Forecasting methodology as well as S&OP process.
  • Experience with forecasting application software - SAP/APO preferred.
  • Understanding of Supply Chain planning process and relationship with demand planning.
  • Analytical and problem-solving skills; ability to identify and communicate the business implications of forecasts and actual results.
  • Excellent communication and interpersonal skills, adaptable to different cultures and communication styles.

Nice-to-haves

  • Strong leadership and consensus management skills.
  • Critical thinking skills to analyze and interpret large volumes of data.
  • Excellent problem-solving skills to identify the root cause of a problem and create corrective action plans.
  • Change management and emotional intelligence skills to work through process and system changes in an organization.
  • Ability to give senior leadership compelling and persuasive presentations.

Benefits

  • Health insurance
  • Retirement plan
  • Tuition reimbursement
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