About the Company
As a global medical device company originating from Japan, we pursue reliable quality and technology to contribute to healthcare in more than 160 countries and regions around the globe. We promise to walk alongside healthcare professionals to continue to make great contribution to society, now and into the future.
Summary of the Role
This is a head of supply chain role for the SinMalFrontier Cluster who is responsible for ensuring that the entire Supply Chain Management (SCM) function consisting of Planning, Logistics & Order-To-Cash (O2C) is maintained and developed in accordance with the goals of the business and at an economic cost. The SCM processes are effectively fulfilling business objectives whilst working within the framework of contributing to society through healthcare and all Terumo Corporation social and ethical guidelines. This position’s focus is to partner with the business to ensure all aspects of SCM drive efficiencies and support the organization’s growth expectations.
Key Responsibilities
1. Logistics, O2C and Operations Management
Oversee & ensure Team’s timely incoming & dispatch of goods.
Oversee timely month-end billing and reconciliations
Monitor and approve purchase orders (POs) and shipping documents
Manage and negotiate supplier allocations (supply cap), and sales orders to address discrepancies.
Ensure Team manage defective goods claims and liaise return with manufacturers within GDPMDS stipulated time frame.
Conduct weekly discussions with BUs and SCM teams on backorder status and shipment schedules.
Prepare and update Global bid lanes and onboarding of Global Bid forwarders.
2. Planning and Inventory Management
Ensure adhere to monthly S&OP cycle (Demand review, Supply Review and S&OP)
Drive and ensure planning, operations and systems (SAP S4 & IBP) are correctly set up and supporting the business model
Review and identify improvements to optimize inventory levels, ensuring alignment with agreed safety stock policies, balancing distributions costs and service level
Review and Drive reduction of slow-moving and non-moving inventory (SLOBs) to improve working capital
Review, propose and define appropriate safety stock levels with consideration of distribution budget
Reduce inventory write-offs by implementing efficient processes and quarterly reporting.
Timely compilation, reporting submission of write-off provisions to stakeholders and secure CAS approvals.
3. Sales Forecasting and Reporting
Timely compilation and submission of monthly and quarterly sales forecasts and distributor inventory reports.
Timely & accurate updates on sales forecasts, backorders, and stock flow to relevant stakeholders.
Ensure accurate supply commitments are provided for Sales forecasting reporting and aligned with Finance team
4. Budgeting and Cost Control
Develop and manage budgets for COGS (write off & Inbound freight), MDA labelling, and distribution costs.
Review and steer shipment costs and logistics expenses, aligning actuals with budgeted targets.
Review existing agreements and drive cost optimization initiative with 3PL providers on warehousing and domestic transportation/brokerage
Prepare budget plans considering new product launches, product mixed and accuracy for new SKUs, including cost analysis for GPC codes and FCA.
5. Team Development in a BU-Led Structure for Effective Business Partnering
The SCM team is structured in a way that support each business units with accountability to respective business unit leaders.
This role is expected to facilitate communicate and execution in a regular cadence with respective business units.
Conduct performance evaluations, provide feedback, and foster professional growth.
Implement operational excellence initiatives to improve team efficiency and effectiveness.
6. System and Data Management
Oversee year-end SAP procedures and ensure data accuracy for the next fiscal year.
Ensure smooth implementation of new product pricing and distribution updates in…