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Inventory Control Manager (Semi Con/ MNC)

5-7 Years
SGD 4,500 - 5,500 per month
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  • Posted 5 days ago
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Job Description

Responsibilities:

1. Achieve Management Targets

  • Lead the inventory control function to meet all operational KPIs and management objectives.
  • Drive continuous improvement in inventory accuracy, cost optimization, and process efficiency.

2. Staff Training and Development

  • Manage and develop a team of inventory, purchasing, and planning professionals.
  • Provide coaching, performance evaluation, and skills training to strengthen team capabilities.
  • Ensure staff adhere to inventory control policies, procedures, and audit requirements.

3. Purchasing Budget Oversight

  • Prepare and manage the annual purchasing budget in alignment with business forecasts.
  • Work with HQ and Finance to maintain cost discipline while ensuring adequate stock support for operations.

4. Maintain Transfer Pricing Compliance

  • Ensure all transfer prices are set and maintained in accordance with corporate policies and global tax/finance guidelines.
  • Liaise with HQ, Finance, and related departments to ensure transparency and audit readiness.

5. Manage Company Profit (Inventory Perspective)

  • Monitor inventory turnover, holding costs, and stock health to protect company profitability.
  • Lead actions to minimize excess, slow-moving, or obsolete stock through timely review and decision-making.
  • Support cost-analysis and margin improvement initiatives.

6. Control Allocation (Internal and External)

  • Manage inventory allocation for internal departments and external customers, ensuring fair, timely distribution.
  • Balance supply constraints vs. business priorities while maintaining service-level commitments.

7. Manage Order Quantities vs. Allocation and Factory Capacity

  • Review and validate customer orders by coordinating with Production, Customer Support, and Sales teams.
  • Adjust order quantities based on factory output, material availability, and allocation rules to ensure stable supply.

8. Maintain Appropriate Stock Levels

  • Develop and execute inventory planning strategies that optimize stock levels.
  • Ensure accuracy between system inventory and physical stock.
  • Prevent stockouts, overstock, and aging inventory through proactive forecasting and monitoring.

9. Resolve Issues with Staff and Related Parties

  • Act as a key escalation point for customer delivery commitments, coordinating with Sales, Customer Support, factories, and logistics partners to meet required lead-time and prevent late deliveries.
  • Provide guidance and solutions to ensure smooth day-to-day operations


Job Requirements:

  • Bachelor's degree in supply chain management, Business Administration, Logistics, or equivalent field.
  • Minimum 5 years of relevant experience, including at least 3 years in a managerial or supervisory role.
  • Strong understanding of supply chain, inventory planning, demand forecasting, and purchasing processes.
  • Experience in electronics, manufacturing, or distribution industry is preferred.
  • Proficiency in ERP systems, A.I tools, PC & Excel skills.


HOW TO APPLY:

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- Reason for leaving

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Job ID: 144126807