This is a hands-on position responsible for developing and executing Demand, Inventory, Supply Plan, and Customer Service that will enable the franchise to meet sales and service objectives. Collaboration with other members of the supply chain, sales, marketing, operations and customer support teams is paramount to achieve these sales and service objectives and oversee launch of new product portfolio in Medtech space.

Major Duties & Responsibilities
 

Drive IBP meetings across other functions reviewing recommended sales, forecast and inventory goals (emphasis on brand transitions, new product introduction, tenders and other market intelligence). Make recommended adjustments to forecast and inventory targets based on changes in demand and market trends. Drive supply and inventory plans aligned with franchise Business plans to achieve the targets. Establish and utilize best methods (statistical models and software tools) in creating forecasts and respective inventory targets Managing projects related to Orthopaedics and overall MedTech involving cross function skills. Continuously assess the supply chain and business process. Identify areas which can be done more efficiently by innovation & analytics. Ownership & improvement of key SC KPIs – Forecast accuracy, Inventory Value & DOS, OTIF, Back Orders, ESO/ SLOB etc. Develop advanced MIS for the franchise to enable them make data driven decisions Work closely with imports, warehouses, and freight forwarders to ensure timely inventory availability. Understand regulatory export requirements and processes required to meet them. Ensure that processes are SOX and Regulatory compliant and meet audit requirements. Manage MRP labeling process for imported SKUs as well as govern label orders governance Collaborate with Sales & Marketing on a regular basis to assess market dynamics and collect Market intelligence for accurate forecasting. Key stakeholders: Regulatory, Quality, Legal, Deliver, Finance
 

Qualifications

Education: B. Tech, MBA

Required Years of Related Experience: 2 to 4 Years

Preferred Related Industry Experience (if applicable): Preferably but not limited to Health Care industry/FMCG

Required Knowledge, Skills and Abilities (Uncompromised requirements for the role):
 

Experience in forecasting and demand planning. Subject Understanding of collaborative forecasting methods, S&OP process. Knowledge of key performance metrics- Inventory turns, margin contributions, DOS, OTIF, MAPE, Back Order, ESO, SLOB etc. Good understanding of analytical tools (Excel, PowerBI, etc.) and effective communication skills. Ability to identify critical gaps and raise issues to the S & OP team Results and performance driven Possess sense of urgency Project Management involving cross functional teams
 

Preferred Knowledge, Skills And Abilities
 

Experience in forecasting and demand planning. Subject Understanding of collaborative forecasting methods, IBP process. Ability to identify critical gaps and resolve issues in a timely manner Experience in Demand planning. Strong understanding of ERP systems and MRP concepts. Full understanding of the components of Safety Stock and can use math to calculate demand variability component of Safety Stock. Understands how shifts in demand forecast and sales vs. forecast impact the supply plans Experience in planning new products being introduced to the market, understands the impact in the Supply Chain and the broader market