Abbott Senior Planner/Buyer in Princeton, New Jersey

At Abbott, we're committed to helping people live their best possible life through the power of health. For more than 125 years, we've brought new products and technologies to the world -- in nutrition, diagnostics, medical devices and branded generic pharmaceuticals -- that create more possibilities for more people at all stages of life. Today, 99,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve.

Senior Planner/Buyer

The point-of-care (POC) testing industry is changing faster than ever. At Abbott Point of Care, we’ve stayed ahead of the curve. We are a worldwide leader in fundamentally changing healthcare delivery at the point of care with solutions that are intuitive, innovative, reliable, and cost-effective for our customers.

Job Description:

We are currently seeking a Senior Planner/Buyer for our Princeton facility. The Senior Planner/Buyer will be responsible for executing the end to end inventory planning to support on market and new launched products. The position requires strong planning, analytical, and excel skills with the ability to quickly analyze data and rebalance inventory to provide an optimal service level of performance.

Job Responsibilities:

  • Create supply plan and maintain inventory levels for all components & finished goods to meet both Customer and internal needs

  • Monitor inventory on a regular basis to ensure no disruption or stock out occurs based on the demand profile

  • Maintain and update regularly the Demand file(s) or other MRP documents in order to drive the proper signals for supply and demand.

  • Work with Commercial and Finance for demand alignment to actuals and to support new launch initiatives

  • Establish purchasing and supply attributes for all material and maintain within the MRP system

  • Ensure that procedures referencing material planning and procurement are developed and or updated accordingly. These documents need to be reviewed every quarter to ensure that we are up to date and in compliance.

  • Manage relationships and negotiate needs with internal plant, Third Party Manufacturers and Suppliers to support build plans

  • Update supplier files to include all appropriate documents and appropriate signatures for each as events occur. Review these files on a quarterly basis to ensure files are updated.

  • Document the end to end lead time from forecast to point of usage with specific detail on each step for both external and internal materials.

  • Ensure that all material has arrived on specific deadlines and into stock. Pull appropriate resources together to meet deadlines if held by Supplier, ER or Quality.

  • Resolve and document purchase order discrepancies such as non-conformances, shortages, or price discrepancies with suppliers.

  • Review purchase order acknowledgements daily for compliance to price, delivery and other terms and conditions. Verify accuracy of materials received per print or order; verify invoices to ensure payment terms and discounts are accurate.

  • Participate in researching and negotiating purchases. Compile price data from various suppliers and assist in preparing formal purchase documents.

  • Serve as a liaison between the Company and the suppliers. Monitor price in the marketplace to ensure that the Company is using the lowest cost provider.

  • Analyze usage history of inventory stock items and market conditions. Suggest changes to the purchase schedule.

  • Ensure purchase transactions are carried out in a timely manner.

  • Act a subject matter expert for inventory and provide guidance for all activities including audits, and quality and supply chain requirements

Requirements, Skills and Abilities:

  • College Diploma (4 year program), or equivalent experience

  • Requires a minimum of 6 – 10 years of related work experience

  • Knowledge of MRP systems and supplier management.

  • Knowledge of Good Manufacturing Practices (GMP).

  • Comprehensive knowledge and ability to apply business concepts, procedures and practices to daily tasks.

  • Knowledge of raw materials, production processes, quality control, costs and other techniques for maximizing the effective manufacture and distribution of goods.

  • Advanced knowledge of MS-Office, PowerPoint.

  • Handling a large amount of work efficiently and effectively and adapting to changing priorities.

  • Ability to work independently and exercise judgment and initiative in dealing with a variety of duties and responsibilities.

  • Ability to influence and lead without direct authority.

  • Ability to work cross-functionally to meet business needs

  • Customer-focused and continually seeks to understand customer needs, concerns and priorities and to meet/exceed customer expectations and requirements.

  • Strong organizational, project management and analytical skills.

  • Ability to identify and lead cost savings initiatives.

An Equal Opportunity Employer

Abbot welcomes and encourages diversity in our workforce.

We provide reasonable accommodation to qualified individuals with disabilities.

To request accommodation, please call 224-667-4913 or email