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Inventory Management Professional
2 weeks ago
Overview: This exciting opportunity has arisen for an experienced inventory management professional to join a leading pharmaceutical company on a 12-month contract. As part of our fast-paced and high-impact Global Inventory team, you will play a key leadership role in influencing change in inventory management by collaborating with Supply Chain, Commercial, Finance, and Treasury teams to drive improvements.
Job Description:
- Develop and manage global inventory budgets and rolling forecasts.
- Drive inventory optimisation strategies to improve turns and reduce risk/excess/obsolete inventory.
- Ensure alignment of inventory planning with demand forecasts and supply constraints.
Key Responsibilities:
- Inventory Planning & Management:
- Develop and manage global inventory budgets and rolling forecasts.
- Drive inventory optimisation strategies to improve turns and reduce risk/excess/obsolete inventory.
- Ensure alignment of inventory planning with demand forecasts and supply constraints.
- Lead initiatives to improve working capital performance through efficient inventory management at market and regional level.
- Monitor KPIs (Days Inventory Outstanding, Inventory Turns) and deliver actionable insights.
- Partner closely with Supply Chain, Finance, Treasury, Procurement, Commercial, and Operations teams to understand drivers of inventory variability.
- Facilitate alignment and decision-making across regional and functional teams.
- Investigate deviations from inventory plans and drive corrective actions.
- Lead deep-dive analysis into stock imbalances, slow-moving inventory, and forecast inaccuracies.
- Lead reconciliation and analyses of financial and supply chain bookings.
- Develop and implement predictive models to identify future risks and opportunities in inventory.
- Utilise advanced analytics to simulate scenarios and guide inventory-related decisions.
- Champion system and process improvements related to inventory visibility, analytics, and reporting – deliver dashboards.
- Support digital transformation initiatives, including AI/ML inventory tools and ERP enhancements.
Requirements:
- Proven experience in supply chain management.
- Inventory planning experience at global or regional level.
- Bachelor's degree or equivalent.
- Supply Chain qualification is beneficial.
- Extensive advanced planning system and SAP ERP experience are essential for this role.
Benefits:
- Competitive salary.
- Benefits package.
- Inclusive environment.
About Us:
Our organisation is dedicated to building a truly diverse, inclusive, and authentic workplace. We encourage applicants from diverse backgrounds to apply for this role.
At our organization, we believe in empowering people worldwide to live healthier at every stage of life. Our mission is to redefine healthcare not as it is, but as it should be.
We aim to deliver increased access to affordable, quality medicines for patients worldwide, regardless of geography or circumstance.