Viatris
Job title:
Director Global Inventory Management
Company
Viatris
Job description
McDermott Laboratories LimitedAt VIATRIS, we see healthcare not as it is but as it should be. We act courageously and are uniquely positioned to be a source of stability in a world of evolving healthcare needs.Viatris empowers people worldwide to live healthier at every stage of life.We do so via:Access – Providing high quality trusted medicines regardless of geography or circumstance;
Leadership – Advancing sustainable operations and innovative solutions to improve patient health; and
Partnership – Leveraging our collective expertise to connect people to products and services.Our global portfolio includes best-in-class, iconic brand-name products as well as global key brands; generics, including branded and complex generics; and other offerings across a wide range of therapeutic areas. We are committed to helping create healthier communities worldwide through education, outreach and better access to treatment.For those driven to live their lives with purpose, Viatris helps employees realise their full potential by creating a collaborative culture that fosters courage and resilience. Viatris is more than just a place to work. This is a place to make a difference in the world.The Role & What You Will Be DoingInclude introductory paragraph here if availableEvery day, we rise to the challenge to make a difference and here’s how the Director Global Inventory Management role will make an impact:Reporting to the Senior Director of Global Inventory the Director is responsible for contributing to the strategic management and optimisation of the company’s global inventory assets across all regions and business units. This role is critical in aligning inventory strategy with business objectives, budgets and forecasts, ensuring optimal stock levels, driving efficiencies in inventory management and meeting cash flow targets.Develop and implement a global inventory strategy that aligns with corporate goals, including profitability, cash flow and operational efficiency.Monitor and adjust inventory levels to optimise working capital while maintaining product availability and minimising stock-outs and excess inventory.Use advanced analytics and forecasting models to predict demand, manage lead times and optimise stock levels globally. Leverage scenario planning in RapidResponse.Collaborate with the finance and operations teams to meet cash flow targets through efficient inventory management.Identify and execute initiatives to reduce working capital tied up in inventory, while balancing service level agreements and operational needs.Drive cost savings initiatives in the supply chain by optimising inventory turnover, reducing obsolescence and improving inventory accuracy.Ownership of budgets and quarterly forecasts process. Ownership of monthly reporting providing clarity on results, deviations to forecasts, root causes. Risk and write off with P&L impact. Present forward-looking projections with costed recommended actions. Prepare executive summaries including internal and external measurements.Oversee and ensure consistent inventory planning processes across all regions, considering local demand, market conditions and supply chain constraints.Implement best practices insights on demand forecasting, replenishment and order management to optimise stock levels globally.Work closely with regional and vertical supply chain, launch, procurement, manufacturing and sales teams to ensure inventory aligns with overall business objectives.Partner with procurement and logistics teams to ensure timely availability of goods while optimising costs and lead times.Collaborate with launch and regional commercial teams to plan for new product launches, end-of-life (EOL) transitions and other projects requiring bridging stock, without excess inventory build-up.Analyse data and use key performance indicators (KPIs) to track inventory performance, stock levels (DIO), turnover rate and other critical metrics.Champion, mentor and develop a high-performing global inventory management ethos, fostering a culture of accountability, continuous improvement and operational excellence.About Your Skills & ExperienceFor this role, we’re looking for a candidate who has an effective combination of the following qualifications, skills and experiences:The ideal candidate will have a Bachelor’s degree in Supply Chain Management, Operations, Business, Finance, or a related field required. A MBA or advanced degree would be preferred.Minimum of 10+ years of experience in global supply chain management, inventory control, or related roles in complex, multi-national environments.Strong understanding of inventory management principles, demand forecasting, supply planning and cash flow optimisation.Experience with ERP systems (e.g., SAP, Oracle) and advanced inventory management tools, Tableau, advanced excel, Power Bi.Proven track record of optimising inventory levels while driving cost savings and meeting cash flow targets.Exceptional analytical skills, with the ability to translate data into actionable insights.Strong leadership and interpersonal skills, with a demonstrated ability to lead cross-functional teams and influence senior stakeholders.Excellent problem-solving and decision-making abilities, with a focus on strategic thinking and execution.Knowledge of global supply chain trends, risks, and best practices.Ability to work in a fast-paced, dynamic, and global environment.At Viatris, we are dedicated to building a truly diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t fully align with every requirement, we still encourage you to apply. You may just be the right candidate for this or other roles.Benefits at ViatrisAt Viatris, we offer competitive salaries, benefits and an inclusive environment where you can use your experiences, perspectives and skills to help make an impact on the lives of others. Some of our benefits include the following on top of a competitive salary:Excellent career progression opportunitiesWork-life balance initiativesBonus schemeHealth insurancePensionDiversity & Inclusion at ViatrisAt Viatris, diversity and inclusion are essential to our mission. The diversity we foster in all aspects of our business can be one of our greatest strengths in redefining healthcare not as it is, but as it should be. If you would like to know more about what diversity, equity and inclusion means to us, please visitSustainability at ViatrisCorporate social responsibility is fundamental to the Viatris mission. We work to advance responsible and sustainable operations and leverage our collective expertise to empower people to live healthier at every stage of life, recognizing that our actions affect the stakeholders and communities we serve. To learn more about our efforts, please visitAt Viatris, we offer competitive salaries, benefits and an inclusive environment where you can use your experiences, perspectives and skills to help make an impact on the lives of others.Viatris is an Equal Opportunity Employer.
Expected salary
Location
Dublin
Job date
Sun, 29 Sep 2024 00:19:10 GMT
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