Staff Inventory Planner (Finance)

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At Illumina, we are expanding access to genomic technology to realize health equity for billions of people around the world. Our efforts enable life-changing discoveries that are transforming human health through the early detection and diagnosis of diseases and new treatment options for patients.

Working at Illumina means being part of something bigger than yourself. Every person, in every role, has the opportunity to make a difference. Surrounded by extraordinary people, inspiring leaders, and world changing projects, you will do more and become more than you ever thought possible.

Position Summary

The Staff Inventory Planner is responsible for planning and coordinating the global inventory settings and levels for dedicated business segments in line with agreed and defined strategies. Interacts with operational leaders and relevant stakeholders to assure supply continuity while effectively balancing inventory costs globally. Provides input to development of planning strategies for specific product categories and ensures alignment on the planning strategy. Serves as subject matter expert on inventory optimization system and other inventory planning and reporting tools.

Responsibilities

• Manages inventory planning activities in alignment with inventory strategies to meet agreed service level and operational needs.
• Coordinates with operational leadership and stakeholders to understand the business needs and align inventory strategy.
• Aligns with Demand Planning and S&OP on forecast insights, data points (including bias and MAPE) and segmentation strategies.
• Coordinates with regional teams to ensure alignment on inventory targets, including key drivers of inventory composition (safety stock, min/max targets, business continuity stock, overstock and scrap), and seeks common understanding of regional needs.
• Provides input to development of planning strategies in alignment with both operational policies and revenue targets to optimize service, cost and cash.
• Facilitates inventory optimization process and quarterly inventory target reviews for manufactured finished goods, purchased finished goods and raw materials.
• Performs monthly and quarterly activities to support cycle counts and excess and obsolescence (E&O) processes to ensure SOX compliance.
• Partners with finance on inventory forecasting, E&O forecasting and receipts forecasting activities.
• Provides input to system design, enhancements and upgrades in partnership with the central business process analyst team and GIS.
• Troubleshoots technical issues and seeks to understand root cause of system and master data errors.
• Participates in various improvement projects.

Qualifications

• Bachelor's degree in Business, Operations, or Supply Chain Management and 8 years of experience in inventory planning, supply planning, forecasting and/or master production scheduling across multiple product lines OR
• Master's degree and 5 years of relevant experience
• Direct experience with supply and demand processes including forecasts, receipt and delivery processes, inventory reports, accuracy validation procedures, cycle counts and audit procedures is preferred
• Experience with ERP and MRP systems, preferably SAP IBP, APO and/or ECC
• Ability to analyze and interpret large data sets or databases
• Knowledge of MS Office with an emphasis on Excel and PowerPoint
• Strong written and oral communication skills, including ability to craft messages and presentations for senior leadership.
• Ability to work with cross-cultural organizations and groups, remaining attentive to ideas, recognizing responsibilities, and actively participating with others to accomplish assignments and achieve desired goals.
• Experience with IBM Planning Analytics/TM1 or other financial applications is a plus
• APICS CPIM, CSCP or other professional certifications preferred

The estimated base salary range for the Staff Inventory Planner role based in the United States of America is: $105,600 - $158,400. Should the level or location of the role change during the hiring process, the applicable base pay range may be updated accordingly. Compensation decisions are dependent on several factors including, but not limited to, an individual's qualifications, location where the role is to be performed, internal equity, and alignment with market data. Additionally, all employees are eligible for one of our variable cash programs (bonus or commission) and eligible roles may receive equity as part of the compensation package. We offer a wide range of benefits as innovative as our work, including access to genomics sequencing, family planning, health/dental/vision, retirement benefits, and paid time off.

We are a company deeply rooted in belonging, promoting an inclusive environment where employees feel valued and empowered to contribute to our mission. Built on a strong foundation, Illumina has always prioritized openness, collaboration, and seeking alternative perspectives to propel innovation in genomics. We are proud to confirm a zero-net gap in pay, regardless of gender, ethnicity, or race. We also have several Employee Resource Groups (ERG) that deliver career development experiences, increase cultural awareness, and offer opportunities to engage in social responsibility. We are proud to be an equal opportunity employer committed to providing employment opportunity regardless of sex, race, creed, color, gender, religion, marital status, domestic partner status, age, national origin or ancestry, physical or mental disability, medical condition, sexual orientation, pregnancy, military or veteran status, citizenship status, and genetic information. Illumina conducts background checks on applicants for whom a conditional offer of employment has been made. Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable local, state, and federal laws. Background check results may potentially result in the withdrawal of a conditional offer of employment. The background check process and any decisions made as a result shall be made in accordance with all applicable local, state, and federal laws. Illumina prohibits the use of generative artificial intelligence (AI) in the application and interview process. If you require accommodation to complete the application or interview process, please contact accommodations@illumina.com. To learn more, visit: https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf. The position will be posted until a final candidate is selected or the requisition has a sufficient number of qualified applicants.