Senior Material Planner

Job Title

Senior Material Planner

Job Description

The Senior Material Planner is accountable for material supply continuity and inventory health through disciplined, forward-looking material planning. The role provides visibility to future material risks, drives cross-functional mitigation, and clearly communicates potential business impact to enable timely decisions.

Your role:

• Understand the business assumptions driving material requirements. Maintain a strong understanding of the production plan, demand and supply assumptions, and other inputs represented in the planning system to interpret MRP outputs in the appropriate business context.

• Ensure effective material planning parameters and master data. Establish and continuously improve MRP parameters such as lead times, lot sizes, safety stock, and other relevant material master settings to generate accurate, timely, and optimized supply signals.

• Provide forward-looking material supply visibility. Develop and maintain material supply and inventory projections across the mid- to long-term horizon to anticipate potential shortages, excess inventory, and other supply risks before they impact the business.

• Drive material risks mitigation and communicate business impact. Lead cross-functional actions to mitigate material supply risks while clearly communicating remaining exposure, timing, probability, and potential impact to production, customer commitments, and inventory so stakeholders can make informed decisions.

• Ensure supply continuity throughout the material lifecycle. Partner with Procurement, Manufacturing, Engineering, Quality, and other functions to proactively plan for new product introductions, engineering changes, supplier transitions, phase-in/phase-out, last-time buys, and end-of-life activities.

You're the right fit if:

• You’ve acquired 2+ years of experience material planning, supply planning, manufacturing planning, or related supply chain roles.

• You have a Bachelor’s degree in Supply Chain, Operations, Business, Engineering, or a related field required. Master's degree or relevant professional certification such as APICS CPIM/CSCP is a plus.

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

How we work together We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.

This is an Office role.

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.

• Learn more about our business.

• Discover our rich and exciting history.

• Learn more about our purpose.

• Learn more about our culture.

Philips Transparency Details The pay range for this position in CO is $87,000 to $139,000 Annually.

The pay range for this position in MN is $92,000 to $146,000 Annually.

The actual base pay offered may vary within the posted ranges 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.

Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to CO or MN.

This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.

Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.