Your role:
- Conducts inventory analysis and owns inventory management within ERP, including supply chain master data setup and maintenance, product lifecycle management, monitoring item changes, and implementing buy-item stock and replenishment policies as well as supplier‑managed and supplier‑owned inventory models.
- Implements inventory strategies and updates procurement master data (key replenishment materials), performs daily ERP monitoring to identify optimization opportunities, runs simulations for safety stock and lot-sizing (including seasonal/trend coefficients), and monitors special materials and exceptions.
- Analyzes Order Management Module (OMM) KPIs, proposes corrective/preventive actions, tracks continuous improvement via analytical tools, and manages master data and stock levels during Industrialization to ensure smooth production ramp‑up and readiness.
- Manages supplier engagement across forecasting and ordering: communicates and validates forecasts, plans collaboratively with suppliers, generates and places purchase orders, monitors order packages and confirmations (delivery time, quality, price), consolidates orders when needed, expedites/open‑order follow‑up, and keeps ERP updated.
- Identifies and mitigates moderate material shortage risks across n‑tier suppliers, handles return orders and PO issues, involves procurement for commercial leverage when necessary, monitors consignment and vendor‑provided stocks, and conducts regular stock takes to ensure supply continuity and compliance.
- You posses a Vocational Education or Bachelor's Degree in Business Administration, Supply Chain, Logistics or equivalent.
- You have 4+ years of experience with Vocational Education in areas such as Material Planning, Supply Chain Management or equivalent OR no prior experience with Bachelor's Degree, preferably with understanding of supply chain or equivalent areas.
- You are knowledgeable in SAP, SFDC or an equivalent ERP systems and MS Office Suite.
- You are a customer-focused professional with critical thinking, strong communication skills, and innovative problem-solving skills. You excel at meeting tight deadlines, resolving escalated issues, and are forward-thinking with strong organizational abilities.
- May be required to work overtime and/or during Panamanian holidays, based on business &/or departmental needs.
- Capable of communicating effectively using the English language.
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 company’s facilities.
Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
This is an office role.
About Philips:
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody, everywhere, has access to the quality of healthcare that we all deserve. Do the work of your life to help improve the lives of others.
Learn more about our business.
Discover our rich and exciting history.
Learn more about our purpose.
Learn more about our culture.
Similar Jobs
What We Do
Do the work of your life to help the lives of others.
As a leading health technology company, it is our purpose to improve people’s health and well-being through meaningful innovation. Our goal is to improve 2.5 billion lives per year by 2030.
We also strive to be the best place to work for people who share our passion, by promoting personal development, inclusion and diversity while acting responsibly towards our planet and society.
