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Open nowPosted 14 days ago

Inventory & Procurement Specialist

MyCareersFuture94,028 open roles

Pay
SGD 3,800 – SGD 4,700 a month
Where
East, Singapore
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Your applicationOpen nowInventory & Procurement SpecialistMyCareersFuture · East, Singapore

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  4. 14.0%14 days
  5. 33.7%30 days
This job: posted 14 days ago

The posting

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 in order to maximize assets via Inventory Management System.
  • Coordinate stocking packages with Product Marketing.
  • Profile inventory (common bond, customer specific, NCNR)
  • Coordinate programs to decrease bad and excess inventory
  • Resolve pricing discrepancies with marketing / suppliers.
  • Resolve receiving discrepancies with APDC / marketing.
  • Resolve rejected transfers with Corporate or UK.
  • Ensure proper management of RTV 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 / NCNR parts.
  • Ensure all requirements are meet / fulfilled according to Asset Buy Process SOP
  • Ensure PBO fulfillment is meet – e.g. POP 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.

RECOMMENDED CREDENTIALS:

QUALIFICATIONS

  • A Diploma qualification or equivalent in a relevant field of study.

EXPERIENCE

  • 2 years of experience in a purchasing or similar capacity is preferred.
  • Candidate with no experience are welcome to apply.

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

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