ABBOTT LABORATORIES Inventory Planning Analyst - Sturgis, MI Salary in the United States

How much does a Inventory Planning Analyst - Sturgis, MI make at companies like ABBOTT LABORATORIES in the United States? The average salary for Inventory Planning Analyst - Sturgis, MI at companies like ABBOTT LABORATORIES in the United States is $64,494 as of September 25, 2023, but the range typically falls between $51,987 and $77,000. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, helps you determine your exact pay target.  View the Cost of Living in Major Cities2


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What does a Inventory Planning Analyst - Sturgis, MI do at companies like ABBOTT LABORATORIES?

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 103,000 colleagues serve people in more than 160 countries.

The Material Control area has primary responsibility for distribution of finished product, production scheduling, procurement, receiving and storage of raw materials and finished product as well as reporting, accuracy and timeliness of inventory records for raw materials, in process, finished goods and stockroom inventories.

The Planner will be responsible for planning and procuring all raw materials required for the manufacturing operation.  Analysis of inventory levels and inventory status is required.  Traffic activities, expediting and interface with both Division Purchasing and Logistics, vendors and carriers are part of the daily routine. Utilize AMAPS to plan raw material inventory levels, monitor production schedule changes, and outstanding orders.  It is the responsibility of the Coordinator to evaluate the inventory and place orders, utilizing lead times and service history with the vendors in controlling up to $20MM of on-hand inventory.

Communicate with the vendor as the primary Abbott contact in the following manner: Placing purchase orders which is done by utilizing the AMAPS systems and communicating this with the vendors. Expediting orders that are either late or are needed earlier due to schedule changes.
Work with the vendors to alleviate chronic delivery or quality problems through both written and verbal communications.

Plan and monitor $7MM of WIP inventory to ensure production schedules are met. Manage heat treatment raw material commodities to ensure production schedules are met. Daily monitoring of bulk ingredient shipments and storage. Act as liaison between the plant and the vendor to coordinate any returns of rejected material to the vendors. Act as the liaison between the other departments within the plant to coordinate any quality issues that need to be resolved in an emergency. Monitor all raw materials testing to ensure that all commodities are released to meet the production schedule.
Maintain the general stores requisition program in coordinating the flow of materials for interplant transfers, pilot plant needs and return to vendors. Monitor expiration dates for over 250 raw materials to minimize destruct costs.

High School Diploma or GED required. Bachelor’s Degree in Production & Operations Management, Finance or General Business preferred. General business knowledge of 2-5 years with an emphasis on purchasing functions such as vendor relations, purchase order preparation and invoicing.

Excellent written and oral communication skills are mandatory. Must possess the ability to deal with challenging situations as they arise. Must be results oriented with the ability to relate effectively and professionally with others at all levels. An emphasis must be placed on the ability to make quick, sound judgments and to have excellent problem solving techniques. Must have a thorough understanding of manufacturing processes (from raw ingredients and materials to the finished product). The Sr. Inventory Planning Coordinator must also have a good understanding of sound accounting principles, inventory control procedures and paperwork flow necessary to be able to function responsibly in this position. The Sr. Inventory Planning Coordinator functions as an agent of the corporation. MRP experience preferred. MS Office skills required. Additional knowledge may also be gained through 2-3 years of prior experience in Manufacturing and Material Control. The Sr. Inventory Planning Coordinator must possess strong analytical and problem solving skills; they must quickly and accurately interpret inventory positions.  Should shortages occur due to schedule changes or an interruption in the flow of raw material receipts, the Planner must act quickly to remedy the situation. Responsible for determining the proper order quantities and needed receipt dates.  This is accomplished through the use of the inventory planning system and continual interaction with the Plant Scheduler and the vendors involved. Must be able to react quickly on production line downtime due to various reasons and work with all departments involved to get line running as quickly as possible (e.g. material shortage, product put on hold, mechanical failure, etc.)


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$51,987 Low Average $64,494 High $77,000

Understand the total compensation opportunity for Inventory Planning Analyst - Sturgis, MI at companies like ABBOTT LABORATORIES, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

The chart shows total cash compensation for the ABBOTT LABORATORIES Inventory Planning Analyst - Sturgis, MI in the United States, which includes base, and annual incentives can vary anywhere from $51,987 to $77,000 with an average total cash compensation of $64,494. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
Job Openings for ABBOTT LABORATORIES Inventory Planning Analyst - Sturgis, MI
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Oversees and manages inventory of DFS storage spaces. Coordinates furniture purchases, deliveries ... Participates in planning and implementation of continuity of operations and emergency preparedness ...
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