Job Description
Job Description
Purpose of Role :
The primary objective of this role is to develop, execute, measure, and improve the inventory strategy across Baxter’s North America. Additionally, this role will drive development of business processes, tools, and analytics to support inventory planning activities leading to best-in-class performance. This role requires independent thought leadership and influencing skills to facilitate change and align on cohesive strategies, processes, and execution elements to ensure all functional areas adhere to the policies. Some of which are outlined below :
- Works closely with site inventory support teams maintaining inventory dashboards that create visibility to inventory aging for finished goods, raw materials and obsolescence in line with pre-determined inventory level goals.
- Create, monitor, and improve a rigorous cycle counting processes that supports the overall inventory management strategy through pre-determined count frequencies based on cost and or use of materials.
- Reviews new product commercialization to ensure that the entire BOM adheres to the inventory standards developed by each LOB and in line with the overall inventory strategy.
- Directs investigation into any inventory inconsistencies working with each plant to effectively resolve them.
- Creation and execution of plant level goals and reporting that supports the overall BNA objectives.
- Evaluating deliveries, shipments, and product levels to improve inventory control procedures
- Ensuring that any third-party inventory is reconciled by site on a monthly basis
Specifically, the position will :
Work with procurement, value stream support managers, support staff and upper management to ensure that all obsolete materials are returned or destroyed in a timely mannerEnsure that all shipments / production records created at third party providers (LaGrou, Prime, etc.) are completed in a timely mannerInvestigate, recommend and implement inventory improvement strategies for BNAManage the recruitment and training of any new inventory support staffOversee a team of inventory coordinators / cycle countersMaintain all required documentation and records which are required for inventory reportingWork with “recall” personnel to ensure that mock recalls are performed as requiredWork with Business Development, finance, procurement department and value stream support managers to create inventory KPI’s that may include cycle count goals, days on hand for finished goods, raw materials and obsolescence.Work with the finance team to ensure documentation is provided to them so that we will get reimbursed for any inventory issues caused by the vendors or our customers.Work with Value Stream Support Managers on days on hand and approvals through NCH process.Principal Accountabilities
What are the key accountabilities of the role? (Consider – why does the position exist, what does it do and what is the planning horizon)
Minimize the loss of inventory due to poor inventory management practicesContinue to monitor, train, and report on current findings from ERP processes to ensure inventory is reported accuratelyWork with Finance / Procurement on obsolete material to determine if we need to hold or can disposeReport out weekly on all KPI’sEnsure the validity of our cycle counter through spot checks and trainingAssist Value Stream Support Managers and Logistics Manager as neededReview current processes and adjust on best practiceAssist Logistics Manager with measurement and documentation of BNA KPI’s; establish and complete weekly / monthly reportsReport findings of cycle count results to Value Stream Support Managers with resolutionExecute year-end inventory processes that support accounting needsEnsure we are following outside auditor requirementsPersonal development and learning continuously for self-growthMission Critical Competencies
What are the must have skills that allow the best associates to exceed the challenges and create the outputs described above? What is the handful of skills that would separate the best from the rest? (Don’t think about the “nice to have”, this is about the “must haves”)
Ability to communicate with upper-level managementPeople LeadershipEngagement and Team BuildingDetail-orientation; fact-based critical thinkingDrive for ResultsAnalytical SkillsWork measurementPlanningDecision Making SkillsIntegrity and TrustEmployee / Staff DevelopmentKey Functional Skills / Knowledge
What does an associate have to do & know to create superior results in this role?
Manufacturing experience & fulfilmentFinancial AwarenessConstraint ManagementProblem SolvingEffective Team UtilizationProject Mgmt.Key Experiences
What experiences would someone need to be an outstanding performer in this role? What professional experiences (assignments / time in roles) must they have had and for what length of time to create superior results?
Cost Accounting background experience (2-4 years)Supply Chain experience (2-4 years)Supervisor / Manager (1-3 years)Microsoft Office program (2-4 years)ERP softwareDesired Education
What key education must the associate have completed to be ready to create superior results?
Bachelor’s degree in Logistics, Supply Chain, or Finance with at least 2 years related experience in Manufacturing and Supply Chain