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- Apply analytical and statistical techniques to develop a tactical demand forecast and replenishment plan supporting key product lines and/or customer segments.
- Apply appropriate mathematical and statistical tools to resolve business issues.
- Analyze data and make recommendations on increasing/decreasing inventory targets; establish ideal safety stock targets.
- Analyze variances between actual and budgeted/forecasted activity.
- Participate in inventory planning activities including, but not limited to, ownership and maintenance of supply planning models and/or ERP planning system.
- Support monthly Sales and Operations Planning process efforts.
- Partner with demand planning team and finance to track and control Excess and Obsolete Inventory levels.
- Prepare purchasing and inventory forecasts and financial projections.
- Partner with purchasing team to ensure monthly, quarterly purchasing and inventory plans are met.
- Partner with Sales and Product Management team in the forecasting and coordination of both legacy products and new product launches and ensuring forecast/new product launches are properly input into planning models.
- Proactively adjust forecast and replenishment strategies to optimize inventory investment. Commit company resources to support new launches and initiatives.
- Place purchase orders and negotiate changes with suppliers as needed.
- Monitor incoming and outgoing shipments monthly, while tracking inventory levels. Identify and correct Supply Chain constraints by acting as liaison between Sales, Customer Service and Suppliers.
- Establish, maintain, report and analyze trends for Key Performance Indicators for forecast accuracy, demand variability, inventory, and backorder.
- Develop an understanding of product family life cycles and perform trending analysis to determine proper inventory levels.
- Drive process standardization. Monitor inventory data integrity (e.g., receiving/inspection, cycle count accuracy).
- Perform other duties as assigned.
- Degree in Supply Chain Management, Business, Management or other applicable discipline.
- APICS/CPIM certification desirable.
- 2-3+ years procurement or supply planning experience.
- Experience with SAP and PowerBi or similar forecasting tools are highly desirable.
- Global Supply Chain experience a plus.
- Formal problem-solving training desirable, i.e. Six Sigma
- Proficient in MS office suite (Excel, Access, Word). Demonstrated ability to analyze large data sets; Strong system aptitude required
- Understanding of forecast and replenishment theory, obtained through APICS or similar training coursework.
- Solid written and verbal communication skills, experience in a matrix environment desirable.
- Strong analytical skills
- Solid knowledge and practical use of Forecasting and Inventory Planning tools; i.e. Logility, SAP, or equivalent.
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer.Why Avantor?Dare to go further in your career. Join our global team of 14,000+ associates whose passion for discovery and determination to overcome challenges relentlessly advances life-changing science.The work we do changes people's lives for the better. It brings new patient treatments and therapies to market, giving a cancer survivor the chance to walk his daughter down the aisle. It enables medical devices that help a little boy hear his mom's voice for the first time. Outcomes such as these create unlimited opportunities for you to contribute your talents, learn new skills and grow your career at Avantor.We are committed to helping you on this journey through our diverse, equitable and inclusive culture which includes learning experiences to support your career growth and success. At Avantor, dare to go further and see how the impact of your contributions set science in motion to create a better world. Apply today!EEO Statement:We are an Equal Employment/Affirmative Action employer and VEVRAA Federal Contractor. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law.If you need a reasonable accommodation for any part of the employment process, please contact us by email at and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.3rd party non-solicitation policy:By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. Avantor works with a preferred supplier list and will take the initiative to engage with recruitment agencies based on its needs and will not be accepting any form of solicitation
- Apply analytical and statistical techniques to develop a tactical demand forecast and replenishment plan supporting key product lines and/or customer segments.
- Apply appropriate mathematical and statistical tools to resolve business issues.
- Analyze data and make recommendations on increasing/decreasing inventory targets; establish ideal safety stock targets.
- Analyze variances between actual and budgeted/forecasted activity.
- Participate in inventory planning activities including, but not limited to, ownership and maintenance of supply planning models and/or ERP planning system.
- Support monthly Sales and Operations Planning process efforts.
- Partner with demand planning team and finance to track and control Excess and Obsolete Inventory levels.
- Prepare purchasing and inventory forecasts and financial projections.
- Partner with purchasing team to ensure monthly, quarterly purchasing and inventory plans are met.
- Partner with Sales and Product Management team in the forecasting and coordination of both legacy products and new product launches and ensuring forecast/new product launches are properly input into planning models.
- Proactively adjust forecast and replenishment strategies to optimize inventory investment. Commit company resources to support new launches and initiatives.
- Place purchase orders and negotiate changes with suppliers as needed.
- Monitor incoming and outgoing shipments monthly, while tracking inventory levels. Identify and correct Supply Chain constraints by acting as liaison between Sales, Customer Service and Suppliers.
- Establish, maintain, report and analyze trends for Key Performance Indicators for forecast accuracy, demand variability, inventory, and backorder.
- Develop an understanding of product family life cycles and perform trending analysis to determine proper inventory levels.
- Drive process standardization. Monitor inventory data integrity (e.g., receiving/inspection, cycle count accuracy).
- Perform other duties as assigned.
- Degree in Supply Chain Management, Business, Management or other applicable discipline.
- APICS/CPIM certification desirable.
- 2-3+ years procurement or supply planning experience.
- Experience with SAP and PowerBi or similar forecasting tools are highly desirable.
- Global Supply Chain experience a plus.
- Formal problem-solving training desirable, i.e. Six Sigma
- Proficient in MS office suite (Excel, Access, Word). Demonstrated ability to analyze large data sets; Strong system aptitude required
- Understanding of forecast and replenishment theory, obtained through APICS or similar training coursework.
- Solid written and verbal communication skills, experience in a matrix environment desirable.
- Strong analytical skills
- Solid knowledge and practical use of Forecasting and Inventory Planning tools; i.e. Logility, SAP, or equivalent.
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer.Why Avantor?Dare to go further in your career. Join our global team of 14,000+ associates whose passion for discovery and determination to overcome challenges relentlessly advances life-changing science.The work we do changes people's lives for the better. It brings new patient treatments and therapies to market, giving a cancer survivor the chance to walk his daughter down the aisle. It enables medical devices that help a little boy hear his mom's voice for the first time. Outcomes such as these create unlimited opportunities for you to contribute your talents, learn new skills and grow your career at Avantor.We are committed to helping you on this journey through our diverse, equitable and inclusive culture which includes learning experiences to support your career growth and success. At Avantor, dare to go further and see how the impact of your contributions set science in motion to create a better world. Apply today!EEO Statement:We are an Equal Employment/Affirmative Action employer and VEVRAA Federal Contractor. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law.If you need a reasonable accommodation for any part of the employment process, please contact us by email at and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.3rd party non-solicitation policy:By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. Avantor works with a preferred supplier list and will take the initiative to engage with recruitment agencies based on its needs and will not be accepting any form of solicitation