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Strategic Inventory Management Expert
2 weeks ago
We are seeking a skilled Strategic Inventory Management Expert to join our team. As a critical member of our APAC Regional Distribution Center organization, you will oversee, develop, and improve processes and procedures.
Duties & Responsibilities- Strategic Planning:
- Plan and execute regular planning parameter reviews and updates to inventory control parameters of products in ADC.
- Actively identify and propose improvements to global policies for inventory management of regional distribution centers.
- Work closely with suppliers to improve availability and logistics costs while reducing inventory levels and working capital.
- Review and manage material and purchasing master data in SAP.
- Planning Team Lead:
- Lead and support the Planning and Inventory Control team.
- Define team goals and priorities to align with strategic objectives.
- Monitor and resolve escalated issues, providing timely resolution to minimize impact to customer satisfaction.
- Recruit, coach, and develop Planning and Inventory Control team members.
- Collaborate with teams to develop and improve performance metrics.
- Manage and lead continuous improvement initiatives.
- Report and Analytics:
- Design and maintain reports for operational and analysis use to provide visibility of orders and stocks to the planning team and stakeholders.
- Update, analyze, and report performance indicators related to service level and inventory management performance of ADC.
- Perform complex and ad-hoc reporting tasks when needed.
- Purchase Order Management:
- Lead the Planning and Inventory Control team to manage purchase order daily operations.
- Generate purchase orders to factories/EDC/NADC and monitor order status to ensure goods receipt on time.
- Communicate scheduled delivery dates and related changes to stakeholders in a timely manner.
- Coordinate with suppliers and forwarders for inbound shipment booking, tracking, and customs clearance to ensure on-time arrival.
- Work with suppliers and forwarders to resolve cargo damage and claims.
- Work with QRC to ensure registration licenses are available for product import to SG.
- Work closely with 3PL Warehouse Ops teams to ensure stock is received properly.
- Handle received stock discrepancies and resolve nonconforming logistical issues.
- Handle return shipments to vendors.
- Inventory Management:
- Serve as the point of contact for inventory inquiries.
- Ship hold, block, and stock movement control.
- Coordinate with 3PL to arrange physical inventory counts, discrepancy investigations, and reconciliations.
- Coordinate with 3PL for scrapping.
- Handle damages within warehouses with 3PL.
- Other:
- Develop work instructions, procedures, and standards.
- Actively lead and involve in new product launch projects.
- Support external and internal audits within assigned areas.