What Supply Chain Inventory/Purchasing contributes to Cardinal Health
Operations is responsible for materials handling and product distribution in a distribution or manufacturing environment. Includes warehousing and fulfillment of materials and products, transportation, inventory management as well as demand, supply and manufacturing planning.
The Supply Chain Inventory/Purchasing team is responsible for managing supplier relations at a tactical level by executing and expediting purchase orders. Supply Chain Inventory/Purchasing ensures the right quantity of products arrive in the right place, at the right time and cost. Assists in negotiating product and supply chain costs. Utilize terms and conditions of supplier contracts, work with internal customers to improve processes, and evaluate supplier performance that ultimately improves the supply chain.
Job Summary
The Supply Chain Inventory/Purchasing Consultant assists with sales operations for over the counter products. This job develops a sales forecast by aligning results from sales (past trends) and marketing (future events) and presents findings, trends and reports in the Sales and Operations planning meetings. This job also facilitates Sales and Operations meetings and reaches alignment between demand and sales supply. In addition, this job generates monthly reports to communicate with management regarding supply and demand issues and develops excel files for the sales team tools to gather sales demand data.
Responsibilities
Manages 60-100 Brand supplier relationships, facilitates or attends in-person and virtual meetings with suppliersPlans the inventory levels for ~8,000 SKUs with an average on hand of $2BPlanning includes understanding the true demand from our Demand Planning team, customers, or Sales team members, updating item forecasts, and working with your suppliers to ensure they can support our demand, placing the orders, and following up to be sure they are delivered on timeAlign inventory strategy with Sourcing to meet service and inventory requirementsReviews order exceptions (ex. large order quantities, overstocked product in other FDCs, etc.) before placing purchase orders consistent with stocking strategiesManages supplier portfolio to key metrics (DIOH, service level, lead time, minimum order quantities, etc.)Ensures accurate demand forecasting by reviewing trends and incorporating customer/market insightsMaintains purchasing systems parameters for assigned supplier portfolio such as order minimums, order days, lead time, order cycle, etc.Serves as the primary inventory contact for the supplier and holds regular meetings to ensure there is a solid supply plan and we are accountable for strong performanceCollaborate/negotiate effectively with suppliers and stakeholders to manage issues, gather relevant data, review performance and drive improvements (ex. EDI transactions and fill rates are acceptable)Proactively analyze service failures to mitigate future issues which may include the placement of emergency purchase ordersManage the release of backordered products into our supply chainAssist in the execution of new manufacturers, new product launches, and item replacements (NDC changes)Effectively manage specific supplier days inventory on hand per the distribution service agreement (overstocked products, No/move slow move product, manual minimums, inventory order point adjustments, etc.)Create and maintain product availability messaging via manufacturer backorder reportsParticipate and/or lead projects; independently manage project milestones to completion and improve department workflowIn-depth knowledge of work processes and tools within Brand and Brokerage PurchasingApply expertise to solve standard and non-standard problemsServe as SME for key responsibilities of the team and provide guidance on data analysisEstablish standard processes for planning, forecasting, metrics research, etc.Assist in resolving issues that are escalated by suppliers, customers, and stakeholdersQualifications
Bachelor's degree in related field, or equivalent work experience, preferred3-5 years of experience preferredProficient in Microsoft Office, especially Excel preferredStrong analytical skills and proven ability to analyze data trends with the use of reporting tools (ex. Business Objects, Looker, Alteryx, Tableau) and initiate action from findings preferredExperience with purchasing systems preferred (SCORE, SAP, etc.)Sense of urgency, attention to detail and accountabilityStrong understanding of pharmaceutical end to end supply chain concepts, financial acumen, and product knowledge preferredConduct fact-based negotiations to positively impact Cardinal Health and its customersAbility to build strong collaborative relationships using effective verbal and written communication in English; influence outcomes for internal and external customersAbility to manage multiple priorities with minimal supervision at a high level of accuracyStrong leadership and organizational skills with the ability to identify and meet milestonesIdentify and drive improvements using root cause problem solving skillsConsiders all risks and possibilities and proactively generates creative solutionsWhat is expected of you and others at this level
Applies comprehensive knowledge and a thorough understanding of concepts, principles, and technical capabilities to perform varied tasks and projectsMay contribute to the development of policies and proceduresWorks on complex projects of large scopeDevelops technical solutions to a wide range of difficult problemsSolutions are innovative and consistent with organization objectivesCompletes work; independently receives general guidance on new projectsWork reviewed for purpose of meeting objectivesMay act as a mentor to less experienced colleaguesAnticipated salary range: $66,500 - $94,900
Bonus eligible: No
Benefits: Cardinal Health offers a wide variety of benefits and programs to support health and well-being.
Medical, dental and vision coveragePaid time off planHealth savings account (HSA)401k savings planAccess to wages before pay day with myFlexPayFlexible spending accounts (FSAs)Short- and long-term disability coverageWork-Life resourcesPaid parental leaveHealthy lifestyle programsApplication window anticipated to close: 1/25/2025 *if interested in opportunity, please submit application as soon as possible.
The salary range listed is an estimate. Pay at Cardinal Health is determined by multiple factors including, but not limited to, a candidate’s geographical location, relevant education, experience and skills and an evaluation of internal pay equity.
Candidates who are back-to-work, people with disabilities, without a college degree, and Veterans are encouraged to apply.
Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.
To read and review this privacy notice click here