
Oyster – Hire globally with Oyster. Simplify payroll and compliance.
Sponsored by OysterJob Description:
3M Healthcare is now Solventum
At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.
We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.
Key Responsibilities:
- Drive the S&OP process for Demand – Supply alignment with all stakeholders of assigned divisions
- Review statistical demand forecast, understand the internal & external drivers of sales of commodities assigned and use that to improve the quality of demand forecasting
- Engage with business leaders to create positive overrides on the demand forecast and finalize the consensus marketing demand forecast (qualitative demand forecast)
- Continuous engagement with the business teams to pick up possible demand fluctuations early and ensure seamless information flow into the supply planning and fulfillment teams to help bridge demand-supply gaps
- Continuous engagement with support teams for product availability
- Portfolio management – assess product lifecycle and ensure optimization of SKU portfolio
- Track actual sales during the month and generate intelligence around deviations Vs. final forecast to improve the future statistical forecasts
- Drive reduction in non-working inventory or excess inventory through pro-active demand corrections, information flow and effective liquidation push with Sales & other support functions
- Ensure relevant data integrity in line with corporate guidelines and policies
- Drive process & capability improvement in the Demand Planning function locally and implement the relevant global best practices working with the international supply chain organization.
- Review Customer Back Orders and liaison with various functions for Back order reduction.
- Support any productivity improvement projects or ERP implementation activities.
Key Metrics:
- S&OP process adherence and timelines
- Final Forecast Accuracy % absolute & improvement
- Good over-rides > Bad over-rides
- Non-Working Inventory %
- Adherence to key program implementation timelines
- SKU rationalization – target vs actual
Key Skills, Competencies & Experience:
- Degree in Business / Economics / Supply Chain related
- 3-6 years of professional work experience in supply/ inventory planning OR demand planning OR sales analytics function. Prior experience in leading a small/ medium sized team preferable.
- Keen follower of the evolving practices in the Supply Chain planning area & statistical business modeling
- Candidates with APICS certification will be given preference
- High Level skill in managing advance / complex excel / access databases and applications
- SAP knowledge is preferred.
Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.
Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.
Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.
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