Inventory Manager (Controller), External Manufacturing

at  BristolMyers Squibb

WORKING WITH US

Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. Take your career farther than you thought possible.
Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us .

POSITION SUMMARY

Inventory Control for management, oversight and reporting for all External Manufacturing (ExM) owned inventory at Internal (BMS) and External (CMO) locations and Third-Party Warehouses (TPW)
This is a 12 month fixed term contract position.

Key Responsibilities

• Monitor and oversee all inventories owned by ExM, ensuring accurate risk and ageing review, updated inventory system and control.
• Responsible to present for Material Review Board (MRB) to MRB Forum for decision making and Product Accountability and Disposal Management (PADM) processes, ensuring compliance with Standard Operating Procedures (SOP).
• Responsible for requesting for financial provisions are in place and accurately maintained as outcome from MRB, including inventory at risk and projections.
• Responsible for the management of excess and obsolete inventory
• Facilitate a cost recovery program for excess inventory.
• Proactively captures inventory issues and following up solution implementations after consultation with the relevant business leaders.
• Ensure SAP inventory movements and adjustments are up to date.
• Report on projected inventory levels vs. actual and budgeted inventory levels across all inventory types and support Global Inventory Team for projections and budget.
• Ensure annual cycle count scoping document in place and participate in inventory audits and cycle count as required. Perform investigations and gap analysis as necessary.
• Reviews and challenges business processes. Develops, implements, and enforces Standard Operating Procedures (SOP) as necessary.
• Conduct thorough and careful analysis of stocks holding data, gather critical information to support decision making and creating awareness to all necessary stakeholders so mitigation action can be taken.
• Has oversight responsibility to ensure that ExM inventory data is maintained through robust processes.
• Establishes strong working relationships with key stakeholders and coordinate with cross-functional team.
• Project Inventory Ending balance to support planning process.Assist in other ad hoc functions as required and assigned by the Manager.
• Implement continuous improvement initiatives: Identify opportunities for process improvements, implement best practices, and drive efficiency in inventory control processes.
• Support BMS business continuity program on inventory movement and return for project allocation.
• Support relevant IT projects on systems integration and updates.
• Support queries in relation to tolling reconciliation, and other stakeholders.

QUALIFICATIONS & EXPERIENCE

• Degree in Supply Chain Management or Finance, APICS
• Experience in working Supply Chain in large multinational and pharmaceutical industry is preferred
• SAP knowledge is a must
• Knowledge of cost and/or inventory accounting principles is preferred

Key Competencies required.

• Understanding of pharmaceutical product lifecycle and obsolescence in a pharmaceutical manufacturing operation.
• Strong background in inventory management in complex, multi-site organizations
• Excellent analytical and PC applications knowledge, e.g., Microsoft Word, Excel, PowerPoint, Visio, etc.
• Excellent verbal and written communication and presentation skills
• Good understanding of business specific organizations, functions, and business support system (Manufacturing, Packaging, Artwork, Regulatory, Marketing, Quality Control / Quality Assurance and Supply Chain)
• Ability to work effectively with diverse groups and organizations
• Capable to interact with key decision makers in Manufacturing, Technology, Quality, Supply Chain, Procurement, Finance, Legal and Environmental Health and Safety (EHS)
• Preferably have involved or worked on process reengineering / redesigning
• Strong organizational skills and ability to work independently is a required

Why you should apply

• You will help patients in their fight against serious diseases
• You will be part of a company that encourages excellence and innovation, respects diversity, develops leaders and values its employees.
• You’ll get a competitive salary and a great benefits package including, but not only, an annual bonus, pension contribution, family health insurance, 27 days of annual leave , access to BMS Cruiserath on-site gym and life assurance

• Monitor and oversee all inventories owned by ExM, ensuring accurate risk and ageing review, updated inventory system and control.
• Responsible to present for Material Review Board (MRB) to MRB Forum for decision making and Product Accountability and Disposal Management (PADM) processes, ensuring compliance with Standard Operating Procedures (SOP).
• Responsible for requesting for financial provisions are in place and accurately maintained as outcome from MRB, including inventory at risk and projections.
• Responsible for the management of excess and obsolete inventory
• Facilitate a cost recovery program for excess inventory.
• Proactively captures inventory issues and following up solution implementations after consultation with the relevant business leaders.
• Ensure SAP inventory movements and adjustments are up to date.
• Report on projected inventory levels vs. actual and budgeted inventory levels across all inventory types and support Global Inventory Team for projections and budget.
• Ensure annual cycle count scoping document in place and participate in inventory audits and cycle count as required. Perform investigations and gap analysis as necessary.
• Reviews and challenges business processes. Develops, implements, and enforces Standard Operating Procedures (SOP) as necessary.
• Conduct thorough and careful analysis of stocks holding data, gather critical information to support decision making and creating awareness to all necessary stakeholders so mitigation action can be taken.
• Has oversight responsibility to ensure that ExM inventory data is maintained through robust processes.
• Establishes strong working relationships with key stakeholders and coordinate with cross-functional team.
• Project Inventory Ending balance to support planning process.Assist in other ad hoc functions as required and assigned by the Manager.
• Implement continuous improvement initiatives: Identify opportunities for process improvements, implement best practices, and drive efficiency in inventory control processes.
• Support BMS business continuity program on inventory movement and return for project allocation.
• Support relevant IT projects on systems integration and updates.
• Support queries in relation to tolling reconciliation, and other stakeholders