Inventory Manager will be part of the Supply Chain organization in Image Guided Therapy Devices (IGTD) business. This position holder will drive end-to-end inventory optimization with IGTD ISC, Markets, and the global Philips Inventory Center of Excellence (CoE).

　　I this role, you will apply program management and analytical skills to drive continuous improvement and improve inventory performance.

　　In this role, you are responsible for:

　　Establishing inventory norms for every end-to-end IGTD supply chain, with quarterly ROFO assessment at FG and RM levels and monthly overview in collaboration with the Supply and OMM leaders.

　　Developing and implementing inventory management policies and procedures to optimize stock levels, reduce stockouts, overstocks, and obsolescence, and define the cadence, operating rhythm, change management, and communication.

　　Establishing weekly/monthly inventory reporting for every stock point vs. norms at FG and RM levels. (This needs to be cross-checked with the Unhealthy inventory KPI.)

　　Driving performance management via Tiered Management of weekly/monthly KPIs

　　Developing a closed goods flow inventory model to support scenario-making, latest Views, Forecasting, and annual operating plans.

　　Identifying Inventory optimization opportunities across the end-to-end supply chain and centralizing all the information around excess and obsolescence risks as business discussion drivers.

　　Conducting regular inventory audits to ensure the accuracy and integrity of inventory data and resolve discrepancies through root cause analysis and corrective actions.

　　Defining and leading transformation projects to improve inventory management by initially assessing available tools (Excel and Power BI)

　　Together with Inventory CoE, developing core capabilities on inventory management for HPM

　　Driving a deeper understanding of inventory performance using analytical and problem-solving techniques to provide new views on performance and insights into future opportunities.

　　Teaming up with various stakeholders across IGTD ISC, Markets, Inventory CoE, and Functions – create buy-in and collaboration.

　　Identifying best practices, internal and external, and deploying them across the business.

　　Staying updated on industry trends, technological advancements, and best practices in inventory management, and providing recommendations for process improvements and system enhancements.

　　You're the right fit if you have a customer-first attitude and the following:

　　Bachelor/Master of Science degree in a technical or business field

　　10+ years of experience working in inventory management or supply chain in a multinational on a global scale

　　Passionate about transformation and ability to inspire change using relevant information

　　Strong stakeholder management – experience working in a matrix organization, comfortable engaging and collaborating with different seniority levels and leadership – building solid coalitions

　　Deep understanding of continuous improvement, problem-solving, Daily Management, and Lean principles.

　　Ability to change the thinking of and gain acceptance from others in a practical, collaborative manner.

　　Excellent organizational skills with attention to detail and the ability to prioritize and manage multiple tasks simultaneously.

　　Structured – Strong analytical skills with the ability to analyze data, identify patterns, and make data-driven decisions - program management – performance management (LEAN).

　　Proficient in using inventory management tools, ERP systems, and visualization tools.

　　We are looking for a team player who knows how to listen to stakeholder needs, feels comfortable challenging the status quo, is persuasively navigating through resistance, has a high-quality standard of work, and is pragmatic enough to overcome roadblocks, to deliver with speed, and to create learning by doing mentality.

　　You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.

　　About Philips

　　We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.

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　　Read more about our employee benefits.

　　If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion here.

　　Philips Transparency Details

　　The pay range for this position is $130,000 to $180,000, annually. The actual base pay offered may vary depending on multiple factors including, job-related knowledge/skills, experience, business needs, geographical location, and internal equity.

　　In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.

　　At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.

　　Additional Information

　　US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.

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　　It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person’s relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws.

　　As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.

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