Procurement & Inventory Executive

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 (Packed By Owner), to maximize assets via Inventory Management System.

. Coordinate stocking packages with Product Marketing.

. Profile inventory (common bond, customer specific, NCNR (Non-cancelable, Non-Returnable)

. Coordinate programs to decrease bad and excess inventory.

. Resolve pricing discrepancies with marketing / suppliers.

. Resolve receiving discrepancies with APDC (Asia Pacific Distribution Center) / marketing.

. Resolve rejected transfers with Corporate or UK.

. Ensure proper management of RTV (Return To Vendor) 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 (Customer Specific) / NCNR parts.

. Ensure all requirements are meet / fulfilled according to Asset Buy Process SOP

. Ensure PBO fulfillment is meet - e.g. POP (Point Of Purchase) 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.