Supply Chain Specialist I

at  Thermo Fisher Scientific

• Monitor supplier performance and compliance with contracts, ensuring timely deliveries and adherence to quality standards
• Develop and implement effective inventory control strategies to optimize stock levels, minimize carrying costs, and reduce stockouts or overstocks
• Conduct regular inventory analysis to identify slow-moving or obsolete items and recommend appropriate action
• Coordinate transportation and logistics activities, including arranging shipments, managing freight costs, and tracking delivery schedules
• Work closely with carriers and freight forwarders to optimize delivery routes and transit times
• Collaborate with cross-functional teams to develop accurate demand forecasts based on historical data, market trends, and upcoming promotions or events
• Adjust inventory plans accordingly to meet changing demand patterns and seasonal fluctuations
• Identify inefficiencies in the supply chain process and propose and implement improvements to enhance operational efficiency and reduce costs
• Streamline processes for order processing, procurement, and demand fulfillment to increase efficiency and meet customer expectations
• Ensure compliance with relevant laws, regulations, and industry standards related to supply chain operations
• Supply Chain reporting
• Develop and implement risk mitigation strategies to address potential disruptions in the supply chain
• Planning and implementing supply chain optimization projects
• Tracking KPIs and reporting on performance
• Planning and implementing supply chain optimization projects
• Finding the most cost-efficient shipment methods and procedures
• Pursuing improvement in all aspects of the supply chain by reviewing current methodology and processes
• Researching and finding the most cost-efficient shipment methods and procedures
• Identifying and analyzing supply chain trends
• Accurately maintain Master Data
• Participate in and drive OTIF (On Time In Full)
• Participate Monthly S&OP review
• Lead Weekly Demand review meetings for all divisions with Commercial team, ensuring agreed minimum required stock cover maintained per division as per key performance indicator
• Maintain ERP system housekeeping for demand and supply

Please refer the Job description for details