Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.
Principal Supply Planner
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:
Career development with an international company where you can grow the career you dream of.
Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
An excellent retirement savings plan with a high employer contribution
Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
This position works out of Plymouth, MN for our Electrophysiology Medical Device Business. In Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.
We are seeking a highly organized and analytical Supply Planning Subject Matter Expert (SME) to join our dynamic team at Abbott. Working without appreciable direction, this individual must develop, maintain and communicate supply plans and inventory health across product value stream. To do this, the Supply Planner will closely coordinate with production planning or scheduling, procurement, and other operations and supply chain functions to maintain an end-to-end product health view. This position will be highly visible to commercial and marketing stakeholders and our Senior Leadership teams within Electrophysiology (EP) Division so individual must possess strong communication and influencing skills. The role’s primary objective is to meet customer needs while balance inventory and costs. This role is critical in maintaining the integrity of our supply chain and ensuring the timely delivery of life-saving medical devices.
What You’ll Work On
- Partners with manufacturing management to assess efficiency of manufacturing lines and analyze capacity.
- Develop and maintain supply plans based on demand forecasts, production capacity, and inventory targets.
- Support New Product Introduction – Recommend timing of various Geography/country launches based on supply availability and prioritization review with cross functional partners like commercial, marketing, and regulatory; execute launch plans with effective, proactive communications to all appropriate stakeholders.
- Influence cross-functional stakeholders without direct authority to align on priorities, resolve conflicts, and drive supply chain initiatives forward.
- Generate clear communications and presentations based on highly complex data analysis and other inputs.
- Proactively anticipate leadership needs by identifying potential questions, concerns, or data requests and preparing insights in advance.
- Maintain active and often leadership position in all assigned project or launch meetings with key stakeholders to ensure recommended plan will meet all business demands.
- Review forecast data, backorder reports and commodity/purchasing updates, including early warning signs, to prioritize and expedite manufacturing jobs to prevent or clear backorders.
- Analyze supply chain data to identify trends, risks, and opportunities for improvement.
- Work proactively across bounds of dedicated ownership to proactively improve plan or resolve issues.
- Coordinate with procurement team to ensure timely delivery of components and finished goods.
- Participate in Sales & Operations Planning (S&OP) meetings and provide supply planning insights.
- Generate and present reports on supply performance metrics (e.g., Line Fill, Backorders, Forecast Accuracy and Bias, Days on Hand).
- Manage inventory movements and customer allocations in the Enterprise Resource Planning (ERP) system.
- Approve and create work orders, special work orders, or rework orders in the ERP system. Support production planning in this when needed.
- Partner with warehousing to minimize and dispose of slow moving, obsolete, and expiring inventory.
- Review and update material master data on regular basis to ensure accuracy and efficiency, completing system clean-up as necessary to maintain optimal execution.
- Provide process and system best practice training and guidance to junior members of the team.
- Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments.
Required Qualifications
Bachelor’s degree in Supply Chain, Business Administration, Finance or related field.
8 years’ minimum experience in forecasting/demand planning.
5 years of experience working in forecasting/demand planning/ERP/MRP systems and/or software
Ability to travel approximately 10%, including internationally.
What We Offer
At Abbott, you can have a good job that can grow into a great career. We offer:
A fast-paced work environment where your safety is our priority
Production areas that are clean, well-lit and temperature-controlled
Training and career development, with onboarding programs for new employees and tuition assistance
Financial security through competitive compensation, incentives and retirement plans
Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
Paid time off
401(k) retirement savings with a generous company match
The stability of a company with a record of strong financial performance and history of being actively involved in local communities
Apply Now
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on X @AbbottNews.
The base pay for this position is $97,300.00 – $194,700.00. In specific locations, the pay range may vary from the range posted.