Sr Demand Planner - Hybrid

Medtronic Inc. North Haven , CT 06473

Posted 2 months ago

Careers that Change Lives

At Medtronic we seek out and hire a diverse workforce at every level: We need fresh ideas and inclusive insights to continue to be an innovative industry leader - that's why we make it a point to attract and develop employees who are patient-centric, passionate, and who represent the same wide variety of life experiences as our patients. Take a look below at this job description and for videos about what makes Medtronic a great place to work.

We are currently seeking a Sr Demand Planner within our Cardiovascular Therapies global demand planning team. This is not a fully remote position but there are multiple Medtronic sites from which you can be located to enable hybrid work (approved Medtronic locations considered).

Join a diverse team of innovators who bring their worldview, their unique backgrounds, and their individual life experiences to work every day. It's no accident - we work hard to cultivate a workforce that reflects our patients and partners. We believe it's the only way to drive healthcare forward and remain a global leader in medical technology and solutions.

We reward you in the ways that matter most to you. We offer a wide range of benefits and rewards programs to recognize the important role you play in our Mission to transform healthcare. To learn more, we invite you to visit Medtronic Benefits

Medtronic is intensely focused on creating a workplace environment which reflects our standing as the world's top medical device company. The ideal candidate will have a passion for the patients we serve and an unrelenting desire to improve our business.

We believe that when people from different cultures, genders, and points of view come together, innovation is the result -and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive.

To learn more about Inclusion & Diversity at Medtronic Click Here

A Day in the Life

In this role, you will be directly responsible for the global demand planning activities for assigned operating unit(s). This includes analysis, reconciliation, preparation for and facilitation of the Global Demand Review step within the Integrated Business Planning process as well as follow through of the execution of IBP decisions and strategies. This position works in close partnership with regional demand planners, global supply chain, regional/global finance, and IBP leadership.

As a member of a highly collaborative, cross-functional team, you will support business growth and profitability objectives, including customer satisfaction and product cost management. You will monitor each stage of the product lifecycle, including new product launch planning and execution.

In addition, you will assess variation within demand and supply and proactively manage alignment and communication flows. You will liaise with and coordinate across multiple manufacturing sites and distribution centers which directly impact product availability and customer service level. You will support implementation of global/regional process and systems enhancements to improve supply chain efficiency.

Responsibilities will include but are not limited to:

  • Collaborate with regions and commercial partners to align on demand forecast in units, including both revenue and non-revenue.

  • Assist in the improvement of demand forecasting accuracy for internal and external customers including determining the appropriate algorithm for statistical forecasts.

  • Review KPI (Forecast Accuracy, Bias and Forecast Value Add) and identify gaps and actions to improve and reach goals. This includes working with regional partners and commercial partners to understand consistent bias and/or negative forecast value add and align on actions to improve.

  • Manage the monthly Integrated Business Planning cycle by providing recommendations for improvements such as data analytics on outliers, low forecast accuracy, high bias and products which need to be reviewed by regional demand planning.

  • Review historical sales trends, research demand drivers, compare & refine forecast models, summarize data, validate and evaluate forecast results.

  • Use, understand and maintain cross-functional linkages within the organization's demand planning software. (Blue Yonder or other ERP system)

  • Provide demand consumption and forecast change highlights in weekly S&OE meeting and ensure smooth demand/supply hand-off.

  • Address demand-related issues in a timely and effective manner and communicate potential solutions.

  • Ensure decisions and direction from the Global Demand Review are incorporated into the plan and driven through the system to the Supply Planning team for execution.

  • Maintain quality and consistency of key forecast changes.

  • Incorporate structure in the daily/weekly/monthly activities of a Demand Planner to be able to streamline current processes, identify opportunities for improvement and execute accordingly so that planners can move from higher percentage of tactical tasks to more analytical and value-added activities.

  • Support new product introduction. This includes helping Marketing to translate market intel into a demand unit forecast and working with regions to align and document forecast assumptions. This also includes proper phase out / cannibalization planning for existing products.

Must Have: Minimum Requirements

  • Bachelors degree required

  • Minimum of 4 years of relevant experience, or advanced degree with a minimum of 2 years relevant experience

Nice to Have

  • Supply Chain background/experience preferred: knowledge of finance, sales, marketing, regulatory, R&D and other supply chain functions

  • Strong written and verbal communication skills with a proven ability to understand key concepts and communicate with business stakeholders (e.g. communicating supply chain information to a non-supply chain audience)

  • Organizational skills with the ability to perform under pressure and manage multiple priorities with competing demands

  • Strong analytical, data processing and problem-solving skills

  • Quantitative and qualitative data analysis, including business process metrics and measures linking to business KPIs (Forecast Accuracy, Bias, Forecast Value Add, Market Share, R&Os)

  • Proficient in Microsoft Office: Excel, Power BI and PowerPoint

  • Familiar with forecasting/demand planning systems and tools

  • Demonstrated proficiency in statistics, forecasting and forecasting methods with an understanding of financial and operational impacts

  • Ability to energize and influence change efforts at all levels of a complex and matrix organization through a collaborative and customer-focused work style

  • Medical Device or other regulated industry experience

  • Experience with large global manufacturer/distributor operations in a matrix organization.

  • Institute of Business Forecasting and/or APICS certification

  • Experience applying DMAIC or lean sigma methodologies

About Medtronic

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.

We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let's work together to address universal healthcare needs and improve patients' lives. Help us shape the future.

Physical Job Requirements

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)

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. Learn more about our benefits here.

This position is eligible for a short-term incentive plan. Learn more about Medtronic Incentive Plan (MIP) here.

The provided base salary range is used nationally (except in certain CA locations). The rate offered is compliant with federal/local regulations and may vary by experience, certification/education, market conditions, location, etc.


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Sr Demand Planner - Hybrid

Medtronic Inc.