Sr. Inventory Planner at Illumina

San Diego, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Biotechnology, Genomics, Life SciencesIndustries

Requirements

Bachelor’s degree in Business, Operations, or Supply Chain Management and 5 years of experience in inventory planning, supply planning, forecasting and/or master production scheduling across multiple product lines (or 3 years experience with Master's degree)
Direct experience with supply and demand processes including forecasts, receipt and delivery processes, inventory reports, accuracy validation procedures, cycle counts and audit procedures (preferred)
Experience with ERP and MRP systems, preferably SAP
Strong analytical skills with the ability to interpret large datasets and drive actionable insights
Knowledge of MS Office with an emphasis on Excel and PowerPoint
Strong written and oral communication skills, including ability to craft messages and presentations for senior leadership
Ability to work with cross-cultural organizations and groups, remaining attentive to ideas, recognizing responsibilities, and actively participating with others to accomplish assignments

Responsibilities

Manages inventory planning activities in alignment with inventory strategies to meet agreed service levels and operational needs, ensuring optimal balance of service, cost, and cash through data-driven decision-making
Coordinates with operational leadership and stakeholders to understand the business needs and align inventory strategy
Aligns with Demand Planning and S&OP to analyze forecast accuracy (bias, MAPE) and segmentation strategies, translating insights into inventory policy adjustments
Coordinates with regional teams to ensure alignment on inventory targets, including key drivers of inventory composition (safety stock, min/max targets, business continuity stock, overstock and scrap), and seeks common understanding of regional needs
Provides input to development of planning strategies in alignment with both operational policies and revenue targets to optimize service, cost and cash
Facilitates inventory optimization process and quarterly inventory target reviews, driving actionable plans to reduce excess and improve inventory turns
Performs monthly and quarterly activities to support cycle counts and excess and obsolescence (E&O) processes to ensure SOX compliance
Partners with finance on inventory forecasting, E&O forecasting and receipts forecasting activities
Provides input to system design, enhancements and upgrades in partnership with the central business process analyst team and GIS
Acts as a subject matter expert for inventory planning tools and systems; support enhancements and troubleshoot issues in partnership with GIS, master data, and business process teams
Participates in various improvement projects

Skills

Inventory Planning

S&OP

Demand Planning

Forecast Accuracy

MAPE

Bias Analysis

Safety Stock

Min/Max Targets

Inventory Optimization

Data-Driven Decision Making

Illumina

Supports genomics startups through funding and resources

About Illumina

Illumina focuses on fostering innovation in the genomics industry by supporting startups through its Illumina Accelerator program. This program helps entrepreneurs create, launch, and grow genomics-focused companies by providing funding and resources. The accelerator operates in two main locations: the San Francisco Bay Area and Cambridge, UK. Illumina Accelerator has successfully invested in 68 genomics startups, which have collectively raised over $1 billion in venture capital. What sets Illumina apart from its competitors is its strong partnership with leading venture capital investors and its dedicated focus on the genomics sector. The goal of Illumina is to build a thriving ecosystem for genomics innovation, enabling new companies to emerge and advance the field.

San Diego, CaliforniaHeadquarters

1998Year Founded

$27.2MTotal Funding

IPOCompany Stage

Venture Capital, BiotechnologyIndustries

5,001-10,000Employees

Risks

Over-reliance on NVIDIA's AI technology may limit flexibility in AI solution adoption.

Standardizing proteomics data across platforms could challenge Illumina's data reliability.

Single-flow-cell NovaSeq X System might cannibalize sales of higher-end models.

Differentiation

Illumina leads in genomic sequencing with advanced AI integration and multiomic data analysis.

The company offers innovative array-based solutions for DNA, RNA, and protein analysis.

Illumina's global expansion includes a new Global Capability Center in Bengaluru.

Upsides

Collaboration with NVIDIA enhances drug discovery and clinical development through AI integration.

Pilot proteomics program with UK Biobank aims to generate crucial reference datasets.

Single-cell sequencing kits make high-throughput sequencing accessible to smaller labs.

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