Inventory Planner

The Inventory Planner is responsible for managing the supply planning of Medical Consumables and US Lumify accessories to meet business targets. This role oversees stock movements, inventory integrity, and processes within third-party logistics providers (3PLs). The planner ensures inventory levels support customer demand while maintaining accuracy and compliance across all planning activities.

Key Areas of Responsibility

Sales & Operations Planning (S&OP)

• Own and manage the end-to-end S&OP process.

• Lead monthly S&OP supply review meetings, defining and reviewing mid- and long-term supply plans in collaboration with Leadership and Business teams.

• Prepare and distribute meeting decks and actionable outputs for HPM, AMD, EC consumables, and US Lumify & accessories.

Inventory & Supply Management

• Manage phase-in and phase-out execution from planning and inventory perspectives.

• Support cross-functional teams to ensure product availability and operational visibility.

• Conduct weekly reconciliation of SAP vs WMS inventory to maintain inventory accuracy.

• Implement and enforce robust inventory controls.

• Maintain SAP data accuracy, including GR on time, stock transfers, and WIP inventory reviews.

• Manage expiry and shelf-life data in SAP, collaborating with global teams.

Cross-Functional Collaboration

• Work closely with BU Managers, Product Managers, Finance, Sales, and supply chain teams to process Medical Consumables requests efficiently and accurately.

Inventory Analysis & Planning

• Perform monthly ABC analysis to categorize inventory.

• Plan inventory based on historical consumption, sales forecasts, and ABC categories.

• Maintain process documentation for ABC categories and drive continuous process improvements.

Warehouse & Inventory Management

• Oversee cycle counts, stock analysis, and SAP-WMS reconciliations.

• Conduct stock takes, reconcile discrepancies, and finalize adjustments.

• Manage buybacks, rebalancing, and returns to factories.

• Drive supply chain improvements focused on inventory optimization.

• Manage ship-hold procedures for hazardous parts.

• Ensure quarterly provisions and weekly reviews of aged inventory.

Key Performance Indicators (KPIs)

• Inventory availability

• Inventory as a percentage of material sales

• Excess and aging stock levels

• Expiry management effectiveness

• SAP vs WMS variance accuracy

• SAP master data accuracy

Education & Experience

• Degree in Supply Chain Management, Business, or related field.

• Proven experience in supply chain planning or materials management.

• APICS CPIM certification preferred but not mandatory.

• Intermediate proficiency in SAP.

• Strong analytical skills with intermediate to advanced MS Office (Excel) capabilities.

• Fluent in English (verbal and written).

Competencies & Skills

• Data Analytics

• Integrated Supply Chain Management

• Operational Excellence

• Operations Planning

• Supply Chain Planning Fundamentals

• Sales & Operations Planning (S&OP) / Integrated Business Planning (IBP)

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.
 

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 healthcare that we all deserve. Do the work of your life to help the lives of others.

• Learn more about our business.

• Discover our rich and exciting history.

• Learn more about our purpose.
If you're interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care here.

Philips is an equal opportunity employer committed to building and supporting an inclusive workforce that reflects the diverse communities we operate within. Your application will be fairly assessed, regardless of your race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran or disability status.

We're living this commitment through our Reconciliation Action Plan and employee-led resource groups, and we encourage people from all backgrounds, including Aboriginal and Torres Strait Islander, Māori and Pacific Peoples, to apply.

Should you require assistance during your application process due to accessibility reasons, we will accommodate this upon request.