At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.
Medtronic is a market leader, and our expanding portfolio delivers measurable clinical and economic value – and opens doors. Be a part of a company that thinks differently to solve problems, make progress, and deliver meaningful innovations.
Reporting to the Supply Chain Planning Manager in Korea, as a Supply Chain Planner, you will take the lead to handle the end-to-end Supply Planning and Inventory Management activities for the Cardiovascular portfolio business. This is an individual contributor role and will be sitting in together with the rest of the Supply Chain Planners in Gangnam, Seoul office.
Responsibilities may include the following and other duties may be assigned:
Manage key inventory planning functions to provide quality and timely service to internal and external customers.
Monitor and improve product availability in conjunction with identifying initiatives to optimise inventory levels.
Manage inventory levels through Stock Transfer Orders / purchase orders and ensure stock is received within acceptable time parameters.
Manage supply through Medtronic Supply Network.
Utilise SAP R3, BY ESP, BW & Power BI Portal in the context of planning functions and processes.
Manage inventory levels at the Distribution Centre in accordance with inventory targets, required customer service metrics and stocking strategies.
Review the weekly inventory re-order and ad hoc reports as required for the Business and place inventory purchase orders with appropriate suppliers.
Liaise with Product Managers and Sales team to help formulate strategies for inventory optimisation, taking into account changing market dynamics, phase in and phase out plans for other influences.
Work with Product Managers to maintain focus on potential inventory obsolescence write off risks.
Ensure product managers, sales team and others receive regular reports on the availability of products to facilitate the distribution to customers.
Review and update BY Inventory Optimisation to control the inventory level systematically.
Maintain data integrity of system master data to enable the planning system to generate accurate supply chain plans.
Demonstrate business partnering with Product Managers, Marketing Managers, sales team and other internal stakeholders like finance and regulatory affairs.
Develop working relationships with other geographies, global business planners, cross-business partners and key functional areas to continue to build the organisation.
Demonstrate good understanding and application of Supply Chain principles, concepts, practices and standards.
Ensure that the company’s agreed quality standards are maintained regarding its products, procedures, policies, operations and customer contracts.
Review and investigate major KPIs(Inventory, SOGL, BO, OTIF to enhance monthly basis and define the action plan for improvement and drive it.
Meet with key business associates (product managers, regulatory associates, marketing & Sales managers, finance and logistics) to review business requirements (IBP) that detail risks, obsolescence, forecast and sales trends, backorders, phase-in/phase-out of product, regulatory requirements and general business.
Follow up with suppliers on missing and/or damaged goods.
Arrange all exports for inventory transfers to other Medtronic locations and returns to manufacturer.
To liaise effectively with all members of the logistics team to ensure that stock is received and utilized in the correct manner.
Manage inventory back orders by working with Customer Service Staff.
Liaise with Regulatory where necessary to ensure product compliance.
Act as primary contact for all relevant Inventory requirements from local and international staff.
Observe all health and safety policies and procedures and take all reasonable care that the actions or omissions do not impact the health and safety of others.
Work within and actively promote Medtronic’s Mission, corporate strategies, policies, procedures and Code of Conduct.
Comply with Medtronic’s Finance and Legal policies, respond to both internal and external Audit enquiries in a timely manner, and ensure follow-up on action items to address Audit recommendations.
Required Knowledge and Experience:
Completed Bachelor’s degree in any discipline
4-7 years’ experience in a similar role, with an emphasis on Supply Chain Planning
Effective verbal and written communication skills in English and Korean languages
Able to demonstrate a solid background in Supply Planning with good understanding of Supply Chain Principles
Able to demonstrate a background in Supply Chain Analysis
Experience with advanced supply chain planning systems such as SAP R3, APO SNP or BY ESP
Advanced Excel or PBI experience would be an advantage
SAP system working experience
APICS certification or other such industry qualification.
Model Medtronic Leadership Expectations & Behaviors:
Shape Committed to being experts in what we do, with a clear vision of where we are going and the plan to get there - Thinks critically and makes sound decisions by engraining “patients, people and profits” as the way we prioritize & drive decision making
Engage Partner with others knowing that diverse talent, skills & perspectives lead to better outcomes – foster an environment of diversity, inclusion and engagement.
Innovate Bold thinker who creates new ideas and bring out best solutions forward to benefit out patients, and customers – generate breakthrough ideas by creating an environment that supports experimentation, and responsible risk taking
Achieve We do what we say we are going to do, delivering results with the highest standards – drive accountability, start by establishing your personal brand, for delivering results.
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here
A global healthcare technology leader — boldly attacking the most challenging health problems facing humanity with innovations that transform lives.
