Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
Job Description
Purpose
Analyze, track and report supply chain health associated to major programs.
Key interfaces
Global Supply Chain Analytics, Global Procurement, Divisional leadership, and functional teams
Key Responsibilities
Develop and implement strategies to handle inventory, ensuring efficient utilization and minimizing financial impact.
Collaborate with cross-functional teams, including procurement, sales, and operations, to identify and address inventory issues.
Conduct regular analysis of inventory levels, demand patterns, and market trends to forecast potential inventory risks.
Liaise with suppliers and negotiate return, disposal, or repurposing of inventory, ensuring compliance with company policies and regulations.
Implement inventory optimization techniques, such as demand forecasting, safety stock management, and inventory classification, to minimize excess and obsolete inventory.
Collaborate with internal customers to identify root causes of excess and obsolete inventory and develop preventive measures to mitigate future occurrences.
Develop and maintain key performance indicators to measure and track inventory management performance.
Monitor and analyze inventory aging, obsolescence, and write-off trends, providing regular reports and recommendations to management.
Stay updated with industry standard methodologies, technological advancements, and regulatory requirements related to inventory management.
Train and mentor junior supply chain staff on effective inventory management techniques.
Experience & Qualification
Bachelor's degree in supply chain management, logistics, engineering, information technologies or a related field. Master's degree preferred.
Proven experience of 2+ years as a Supply Chain Specialist or similar role, with a focus on inventory management.
In-depth knowledge of inventory management principles, methodologies, and standard processes.
Strong analytical and problem-solving skills, with the ability to analyze complex data and identify trends and patterns.
Proficiency in using inventory management software and data analysis tools.
Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
Ability to work under pressure, manage multiple priorities, and meet tight deadlines.
Professional certifications such as Certified Supply Chain Professional (CSCP) or Certified Professional in Inventory Management (CPIM) is a plus.
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What We Do
Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of approximately $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD.
Why Work With Us
You will join a company which every colleague has the opportunity to create possibilities, for oneself, for our customers and patients. There is no more exciting place to be than at the forefront of solving problems which help improve lives around the world. As a company, we are committed to supporting your career aspirations and your journey.
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