Senior Inventory Planner

Thermo Fisher Scientific Inc.; Birmingham; On-site; GBP 45,000 - GBP 60,000; Full time

Job summary

A global scientific leader in Birmingham is seeking a talented inventory management professional to oversee global supply chain inventory. You will ensure raw materials and products are available while minimizing excess stock. The ideal candidate will have a Bachelor's degree in Supply Chain Management and proven experience in inventory management. This role offers competitive remuneration and benefits, highlighting our commitment to making the world healthier and safer.

Benefits

Competitive remuneration

Annual incentive plan bonus

Healthcare benefits

Outstanding career prospects

Qualifications

• Bachelor's degree or equivalent experience in Supply Chain Management, Business Administration, or a related field is required.
• Accreditation in Supply Chain Management, such as APICS CPIM, is an advantage.
• Proven experience in global inventory management or supply chain in manufacturing.

Responsibilities

• Manage inventory to ensure raw materials and finished goods are available globally.
• Establish and maintain relationships with key suppliers.
• Monitor and manage inventory levels to avoid shortages or excesses.
• Analyze inventory data to identify trends and improvements.
• Find opportunities for process improvements in inventory management.

Skills

Analytical skills

Problem-solving skills

Communication skills

Negotiation abilities

Collaboration

Time management

Education

Bachelor's degree in Supply Chain Management or related field

Accreditation in Supply Chain Management (e.g., APICS CPIM)

Tools

ERP systems

Microsoft Office Suite

Job description

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

As part of the Thermo Fisher Scientific team, you’ll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. We provide our global teams with the resources needed to achieve individual career goals while helping to take science a step beyond by developing solutions for some of the world’s toughest challenges, like protecting the environment, making sure our food is safe or helping find cures for cancer.

Discover Impactful Work

Join our team and play a crucial role in aligning global supply with demand while balancing inventory levels through strong collaborator coordination and data-driven decisions.

A Day in the Life

Ensuring efficient inventory levels are maintained to meet global demand, you will support customer needs by managing both internal and external relationships. Your day will involve reviewing MRP requisitions, releasing orders to suppliers, and forecasting.

Position Overview

You will manage inventory to ensure raw materials, WIP, and finished goods are available globally while minimizing excess stock. This involves supplier forecasting, purchase order management, and optimizing inventory processes.

Key Responsibilities

Inventory Planning

• Develop and monitor global inventory plans based on forecasts and historical data.
• Collaborate with the Manufacturing team to adjust raw material orders.
• Incorporate promotional activities into inventory planning.
• Maintain compliance with inventory policy and regulatory requirements.
• Ensure accuracy of MRP and IT systems.

Supplier Coordination

• Establish and maintain relationships with key suppliers.
• Negotiate delivery schedules and identify improvement opportunities.
• Ensure timely product delivery to meet inventory needs.
• Coordinate closely with Procurement and Inventory Control teams.
• Manage day-to-day orders and deliveries.

Inventory Management

• Monitor and manage inventory levels to avoid shortages or excesses.
• Implement inventory control procedures to optimize stock levels.
• Collaborate with the quality assurance team to maintain product quality standards.
• Provide crucial metrics to Executive Management.

Data Analysis and Reporting

• Analyze inventory data to identify trends and improvements.
• Prepare and present reports on inventory status and supplier performance.
• Ensure accurate reporting with Finance.

Continuous Improvement

• Find opportunities for process improvements in inventory management.
• Implement guidelines to improve efficiency and reduce costs.

Qualifications

Bachelor's degree or equivalent experience in Supply Chain Management, Business Administration, or a related field is required. Accreditation in Supply Chain Management, such as APICS CPIM, is an advantage.

Experience & Skills

• Proven experience in global inventory management or supply chain in manufacturing.
• Strong analytical and problem-solving skills.
• Excellent communication and negotiation abilities.
• Proficiency in ERP systems and Microsoft Office Suite.
• Proven track record to work collaboratively.
• Effective time management and delivery to deadlines.

Physical Requirements / Work Environment

• Office-based, with occasional travel to other Thermo Fisher Scientific locations.
• Hybrid working with 4 days in the office.

Benefits

We offer competitive remuneration, an annual incentive plan bonus, healthcare, and a range of employee benefits. Thermo Fisher Scientific provides an innovative, forward-thinking environment with outstanding career prospects. We value integrity, intensity, involvement, and innovation!

Our Mission is to enable our customers to make the world healthier, cleaner and safer. Watch as our colleagues explain 5 reasons to work with us. As one team of 100,000+ colleagues, we share a common set of values - Integrity, Intensity, Innovation and Involvement - working together to accelerate research, solve complex scientific challenges, drive technological innovation and support patients in need. #StartYourStory at Thermo Fisher Scientific, where diverse experiences, backgrounds and perspectives are valued.

Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.