Asset Specialist

3 days ago


Singapore FUTURE ELECTRONICS INC. (DISTRIBUTION) PTE LTD Full time

JOB PURPOSE: The Asset Specialist is responsible to ensure the optimum management of regional inventory levels for a given product portfolio in order 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 in order 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: 1. Daily purchases through IMS - Inventory Management System, either local suppliers purchases or global transfers from Memphis or UK2. Purchase backorder review - to monitor the inflow of product PBO in order to maximize assets via Inventory Management System.3. Coordinate stocking packages with Product Marketing.4. Profile inventory (common bond, customer specific, NCNR)5. Coordinate programs to decrease bad and excess inventory6. Resolve pricing discrepancies with marketing / suppliers.7. Resolve receiving discrepancies with APDC / marketing.8. Resolve rejected transfers with Corporate or UK.9. Ensure proper management of RTV quality issues with suppliers10. Coordinate with Marketer and Senior Product Manager- Asset on stock rotation quantity and amount and arrange returns with APDC and RMA department.11. Ensure prompt release of purchase order to supplier.12. Ensure relevant documents are in place prior to buy related to CUSPEC / NCNR parts.13. Ensure all requirements are meet / fulfilled according to Asset Buy Process SOP14. Ensure PBO fulfillment is meet - e.g. POP budget15. Meet management set quarterly inventory / PBO target.16. Provide guidance to MSR- Marketing Support Representative.17. Weekly review with Senior Product Manager- Asset on Inventory / PBO and all Asset related issue.RECOMMENDED CREDENTIALS: QUALIFICATIONS • A minimum of a GCE 'O' Level or equivalentEXPERIENCE • A minimum of 2 years of experience in purchasing or similar capacity is preferred.• Candidate with no experience are welcome to apply.


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