Planning Specialist at Abbott

North Chicago, Illinois, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Diagnostics, Medical DevicesIndustries

Requirements

Expertise in manufacturing resource planning, capacity planning, master scheduling, customer service, and inventory management
Ability to develop and maintain production plans for product pipelines and ensure feasibility
Proficiency in forecasting material requirements for finished goods, intermediates, and raw materials, translating into executable supply plans
Skills in analyzing trends, adjusting planning parameters, creating simulation models, and performing risk analysis with financial implications
Capability to collect, interpret, and analyze complex data to forecast trends and recommend actionable options
Experience in project management, including defining requirements, milestones, monitoring progress, and adapting plans
Strong decision-making skills using available information, prioritizing tasks, allocating resources, and adjusting strategies to meet deadlines
Excellent communication and collaboration skills to coordinate priorities, tailor messages, and influence cross-functional teams

Responsibilities

Develop and maintain production plans for one or more product pipelines and ensure they are feasible; recommend alternate actions if the master production schedule is missed
Respond to unplanned demand or quality issues by updating schedules and collaborating with cross-functional teams to minimize disruptions
Drive operational efficiency through planning and execution in production scheduling, inventory management, and distribution support
Develop and implement plans to achieve goals, prioritize tasks, allocate resources, and adjust strategies to meet deadlines and objectives
Forecast material requirements and translate them into executable supply plans; analyze trends and adjust parameters to optimize production and inventory
Collect, interpret, and analyze complex data to forecast trends, assess impacts, and recommend actionable options
Perform risk analysis, quantify financial implications, and evaluate risk/reward trade-offs to support decisions
Define project requirements, milestones, and success factors; monitor progress and adapt plans as needed
Identify and implement cost reduction opportunities and champion process improvements to enhance productivity
Coordinate and communicate priorities across work centers to ensure alignment with production goals; tailor communication and foster cross-functional collaboration

Skills

Key technologies and capabilities for this role

production planningschedulinginventory managementdistributionsupply chain

Questions & Answers

Common questions about this position

What benefits does Abbott offer to employees?

Abbott provides free medical coverage through the Health Investment Plan (HIP) PPO medical plan, an excellent retirement savings plan with high employer contribution, tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit for earning a bachelor’s degree.

Is this position remote or onsite?

This position works out of the Abbott Park, IL (Lake Bluff, IL) location and requires onsite work.

What key skills are needed for the Planning Specialist role?

The role requires expertise in manufacturing resource planning, capacity planning, master scheduling, customer service, and inventory management, along with skills in production planning, forecasting material requirements, analysis, decision-making, and cross-functional collaboration.

What is the company culture like at Abbott?

Abbott fosters a culture where employees can do work that matters, grow, learn, care for themselves and family, be their true selves, and live a full life; it is recognized as a great place to work, one of the most admired companies by Fortune, and best for diversity, working mothers, female executives, and scientists.

What makes a strong candidate for this Planning Specialist position?

Strong candidates will have experience in production planning, scheduling, inventory management, forecasting material requirements, and collaborating with cross-functional teams to handle unplanned demand or quality issues while driving operational efficiency.

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters

1888Year Founded

IPOCompany Stage

HealthcareIndustries

10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.

Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.

Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.

Abbott's microfluidic devices streamline diagnostic processes efficiently.

Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.

Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.

Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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