Job ID R-502501 Date posted October 24, 2024

Inventory Optimization Analyst II

Job Description Summary

Job Description

We are the makers of possible 

BD is one of the largest global medical technology companies in the world. Advancing the world of health™ is our Purpose, and it’s no small feat. It takes the imagination and passion of all of us—from design and engineering to the manufacturing and marketing of our billions of MedTech products per year—to look at the impossible and find transformative solutions that turn dreams into possibilities. 

We believe that the human element, across our global teams, is what allows us to continually evolve. Join us and discover an environment in which you’ll be supported to learn, grow and become your best self. Become a maker of possible with us. 

Overview:

BD Interventional’s Surgery worldwide business unit, located in Rhode Island, is a leading developer, manufacturer, and marketer of innovative, life-enhancing medical technologies.

Our company has a strong tradition of developing our employees to learn, grow and excel.  We are continually building our team with qualified, team-oriented individuals to enhance the success of our company.

Responsibilities:

  • Support, develop, maintain, and improve inventory optimization processes and procedures to achieve customer service and working capital goals for the global Surgery business unit.

  • Drive Action to Optimize Inventory to Deliver Inventory Commitments at Region and Plant Level.

  • Work collaboratively with Cross Functional Partners to recommend and drive planning parameter updates in support of inventory commitments, service level commitments, lead time variability, demand - forecast variability, and product life cycle management.

  • Work collaboratively with Cross Functional Partners to recommend and drive projects within the Region and Plant to deliver all inventory commitments.

  • Support Inventory Projection Process and Inventory Budget Process working collaboratively with Regions, Plants, Supply Chain, and Finance to deliver an inventory projection and inventory budget.

  • Leverage performance management to measure accuracy of projection vs actuals and enable continuous improvement to enhance the process.

  • Support Monthly E&O Reserve Process working with Cross Functional Partners to mitigate E&O and provide inventory disposition.

  • Provide SKU Rationalization Recommendations.

  • Recommend and implement master data updates in support of inventory strategy.

  • Drive Standardization and Automation of Inventory Planning Data, Process, KPI.

  • Prepare Executive Level Presentation as required.

  • Maintain long-range (3 year) inventory optimization project funnel for the global business unit.

  • Leverage Lean Concepts and Six Sigma tools to develop and effectively implement inventory optimization.

  • Support the Integrated Business Planning (IBP) Process.

  • Support Integrated Supply Chain planning team as needed.

  • Ensure personal and company compliance with all Federal, State, local and company regulations, policies and procedures for Health, Safety and Environmental compliance.

  • Special projects as assigned.

Education and/ or Experience Required:

  • Bachelor’s degree in Business, Supply Chain, Industrial Engineering, Logistics, or Operations and 2-6 yrs of related experience, required.

  • Or MBA/MS in relevant field and 1 - 4 years of related experience

  • Previous inventory optimization experience preferred

  • Previous demand planning, forecasting, and sales planning experience preferred.

  • Previous experience with ERP/APS systems required.  

  • APICS certification or equivalent preferred.

  • Experience with Lean Concepts and Six Sigma tools preferred.

  • Must have strong analytical, project management, problem solving, and consulting skills, with the ability to influence, work optimally, and implement solutions in a cross-functional, team environment.

  • Must demonstrate strong communication, interpersonal, leadership, change management, team member management and presentation skills. 

  • Distribution and lifecycle management experience preferred.

  • Must be proficient in all Microsoft Office Applications (Excel, Access, PowerPoint, Word)

  • 20% Travel is required.

For certain roles at BD, employment is contingent upon the Company’s receipt of sufficient proof that you are fully vaccinated against COVID-19. In some locations, testing for COVID-19 may be available and/or required. Consistent with BD’s Workplace Accommodations Policy, requests for accommodation will be considered pursuant to applicable law.

Why Join Us?

A career at BD means being part of a team that values your opinions and contributions and that encourages you to bring your authentic self to work. It’s also a place where we help each other be great, we do what’s right, we hold each other accountable, and learn and improve every day.  

To find purpose in the possibilities, we need people who can see the bigger picture, who understand the human story that underpins everything we do. We welcome people with the imagination and drive to help us reinvent the future of health. At BD, you’ll discover a culture in which you can learn, grow, and thrive. And find satisfaction in doing your part to make the world a better place.  

To learn more about BD visit https://bd.com/careers

Becton, Dickinson and Company is an Equal Opportunity/Affirmative Action Employer. We do not unlawfully discriminate on the basis of race, color, religion, age, sex, creed, national origin, ancestry, citizenship status, marital or domestic or civil union status, familial status, affectional or sexual orientation, gender identity or expression, genetics, disability, military eligibility or veteran status, or any other protected status. 

Primary Work Location

USA RI - Warwick

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