Operational Planner/Buyer - Latham, NY
Philips
This listing was originally posted on Philips's careers page. Formulate is an equal opportunity job aggregator and is not involved in the hiring process. Where salary information is estimated, it is derived from BLS industry benchmarks and may differ from actual compensation.
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Your role:
Conducts inventory analysis and owns inventory management within ERP, including supply chain master data setup and maintenance, product lifecycle management, monitoring item changes, and implementing buy-item stock and replenishment policies as well as supplier‑managed and supplier‑owned inventory models.
Implements inventory strategies and updates procurement master data (key replenishment materials), performs daily ERP monitoring to identify optimization opportunities, runs simulations for safety stock and lot-sizing (including seasonal/trend coefficients), and monitors special materials and exceptions.
Manages supplier engagement across forecasting and ordering: communicates and validates forecasts, plans collaboratively with suppliers, generates and places purchase orders, monitors order packages and confirmations (delivery time, quality, price), consolidates orders when needed, expedites/open‑order follow‑up, and keeps ERP updated.
Identifies and mitigates moderate material shortage risks across n‑tier suppliers, handles return orders and PO issues, involves procurement for commercial leverage when necessary, monitors consignment and vendor‑provided stocks, and conducts regular stock takes to ensure supply continuity and compliance.
You're the right fit if:
You’ve acquired 4+ years of experience with Vocational Education 's in areas of logistics, order management or business administration OR No prior experience required with bachelor’s, preferably Technical knowledge of a manufacturing environment preferred.
You have a bachelor's degree in business administration, Supply Chain, Operations OR Vocational Education in Order Management or equivalent.
Your skills include SAP (or comparable ERP system), MS excel, effective communication, and a desire to resolve supply issues quickly.
You are comfortable with teamwork and collaboration at every turn to be successful.
You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this Office/Remote position.
How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the company’s facilities.
Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
This is an office role.
About Philips:
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody, everywhere, has access to the quality of healthcare that we all deserve. Do the work of your life to help improve the lives of others.
Learn more about our business.
Discover our rich and exciting history.
Learn more about our purpose.
Learn more about our culture.
Philips Transparency Details
The pay range for this position is $63,000.00 to $100,000.00 annually for Latham NY.
The actual base pay offered may vary depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.
At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Latham, NY. USA
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.
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