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Open nowPosted 29 days ago

Senior Manager Inventory Optimization

MyCareersFuture94,028 open roles

Pay
SGD 7,000 – SGD 12,000 a month
Where
Singapore
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Your applicationOpen nowSenior Manager Inventory OptimizationMyCareersFuture · Singapore

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  5. 33.7%30 days
This job: posted 29 days ago

The posting

As the Senior Manager of InventoryOptimization, you will play a pivotal role in driving efficient inventorymanagement strategies while overseeing a team of Inventory Control Analysts.This player/coach role is ideal for a hands-on leader with advanced PowerBIskills, essential for data-driven decision-making and reporting to executiveleadership. You will manage the impact of customer engineering change orders(ECOs), oversee claims for cancelled or stranded materials, and developstrategies for managing excess and obsolete (E&O) inventory. Your insightsand analysis will be presented regularly to the executive team, ensuring thatinventory management aligns with business objectives, minimizes financialrisks, and maximizes customer satisfaction.

Key Responsibilities – other duties may beassigned:

Inventory Optimization Leadership

  • Lead and mentor a team of Inventory Control Analysts.
  • Ensure accurate forecasting and proactive management of ECO effectivity dates.
  • Drive inventory adjustments to support ECOs and minimize supply chain disruptions.

Claims and Recovery Management

  • Oversee claims processes for cancelled or stranded materials.
  • Partner with supply chain teams to evaluate claims situations.
  • Engage with customers to file claims and negotiate adjustments per company policy and customer agreements.

Excess and Obsolete (E&O) InventoryStrategy

  • Develop and implement strategies to manage E&O inventory.
  • Identify cost-effective solutions to minimize waste and recover value from non-moving stock.
  • Coordinate disposal or repurposing of obsolete materials.

Executive Reporting and Presentation

  • Regularly present on inventory performance, trends, and risks to executive leadership.
  • Use PowerBI to provide data-driven insights and ensure alignment between inventory practices and business objectives.

Process Improvement and Innovation

  • Assess and enhance inventory management and claims handling processes.
  • Implement best practices to increase accuracy, efficiency, and customer satisfaction.

Cross-Functional Collaboration

  • Collaborate with sales, customer service, and production teams to align inventory control with business goals.
  • Ensure clear communication to meet customer demands and optimize company operations.

Qualifications:

Education and Experience

  • Bachelor’s degree in Supply Chain Management, Engineering, Business Administration, or a related field; Master’s degree preferred.
  • Minimum of 8 years of experience in inventory management or supply chain roles, with 3+ years in a managerial role, preferably in the semiconductor industry.

Technical Skills

  • Proficient in ERP systems and inventory management software (e.g., SAP, Oracle).
  • Advanced PowerBI skills for reporting and data analysis (essential).

Analytical and Communication Skills

  • Strong analytical and problem-solving abilities with experience interpreting data and making recommendations.
  • Proven experience presenting to executive leadership; clear verbal and written communication skills suited to a senior audience.

Leadership and Hands-On Approach

  • Demonstrated leadership, communication, and interpersonal skills with experience mentoring a high-performing team.
  • Willingness to take a hands-on approach as a player/coach, diving into details while driving strategic goal
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