Inventory & Procurement Specialist

The internal title for this position is Product Manager – Asset , but it will be advertised externally as Procurement & Inventory Executive to better align with market job titles and candidate expectations.

JOB PURPOSE

The Product Manager – Asset will report to the Senior Product Manager – Asset and is responsible to ensure the optimum management of regional inventory levels for a given product portfolio to meet the requirements of sales for a given business unit, while managing business risk and reducing any excess/bad inventory. The role interfaces extensively with suppliers to validate lead times and /or specific stock. Building and maintaining supplier relationships will also be an integral part of this role.

PRINCIPAL ACCOUNTABILITIES:

Maintain / increase good inventory turns and reduce XB inventory. Prompt buy placement and consistence PBO review.

JOB CONTENT:

• Daily purchases through IMS- Inventory Management System, either local suppliers purchases or global transfers from Memphis or UK
• Purchase backorder review – to monitor the inflow of product PBO (Packed By Owner), to maximize assets via Inventory Management System.
• Coordinate stocking packages with Product Marketing.
• Profile inventory (common bond, customer specific, NCNR (Non-cancelable, Non-Returnable)
• Coordinate programs to decrease bad and excess inventory.
• Resolve pricing discrepancies with marketing / suppliers.
• Resolve receiving discrepancies with APDC (Asia Pacific Distribution Center) / marketing.
• Resolve rejected transfers with Corporate or UK.
• Ensure proper management of RTV (Return To Vendor) quality issues with suppliers.
• Coordinate with Marketer and Senior Product Manager- Asset on stock rotation quantity and amount and arrange returns with APDC and RMA department.
• Ensure prompt release of purchase order to supplier.
• Ensure relevant documents are in place prior to buy related to CUSPEC (Customer Specific) / NCNR parts.
• Ensure all requirements are meet / fulfilled according to Asset Buy Process SOP
• Ensure PBO fulfillment is meet – e.g. POP (Point Of Purchase) budget
• Meet management set quarterly inventory / PBO target.
• Provide guidance to MSR- Marketing Support Representative.
• Weekly review with Senior Product Manager- Asset on Inventory / PBO and all Asset related issue.

REQUIREMENTS:

• At least a Diploma qualification or equivalent in a relevant field of study.
• 2 years of relevant experience in a purchasing or similar capacity is highly advantageous.
• Strong knowledge in Microsoft Excel is required for this position.
• Candidates without prior relevant experience are welcome to apply.

Work Location: ESR BizPark Changi (short walking distance from Expo MRT station)