Specialist, Material/Inventory Planner

SYSMEX ASIA PACIFIC PTE. LTD.; Singapore; On-site; SGD 20,000 - 60,000; Full time

Job summary

A leading company in the medical technology field is looking for a skilled Inventory Manager. The role involves managing spare parts inventory to ensure availability, forecasting demand, and optimizing supplier relationships, ensuring operational efficiency. Candidates with prior experience in supply chain management and proficiency in Microsoft Excel are encouraged to apply.

Qualifications

• Minimum 2 years relevant working experience.
• Proficiency in Microsoft Excel required.
• Excellent oral and written communication skills in English.

Responsibilities

• Manage inventory of spare parts to ensure optimal stock levels.
• Analyze historical data for accurate demand forecasting.
• Maintain strong supplier relationships and oversee order processing.

Skills

Inventory Management

Data Analysis

Communication

Education

Nitec or Diploma in Supply Chain Management

Tools

Microsoft Excel

SAP

Job description

Key Job Purpose:

• Responsible for managing the inventory of spare parts to ensure availability while minimizing excess inventory and associated costs
• Involves forecasting demand, managing supplier relationships, and optimizing inventory levels to support operational efficiency.

Job Responsibilities:

1. Inventory Management:

• Develop and maintain inventory plans for spare parts to ensure optimal stock levels
• Monitor inventory levels and adjust reorder points and quantities based on usage patterns, historical data and estimated forecasts
• Manage transition between discontinued and replacement parts released via ECR/TB

2. Demand Forecasting:

• Analyze historical usage data, equipment maintenance schedules, and operational requirements to forecast spare parts demand accurately
• Collaborate with service engineers to understand upcoming requirements and adjust inventory plans accordingly

3. Supplier Management and Order Processing:

• Maintain strong relationships with suppliers to ensure timely delivery and quality of parts
• Track status of purchase order and expedite shipment when necessary
• Coordinate with supply chain and shared services on back orders to avoid operational disruptions and resolve any issues related to orders or deliveries

4. Data Analysis and Reporting

• Utilize inventory management systems and tools to track stock levels, order history and usage trends
• Generate reports on inventory status, demand forecasts and supplier performance

5. Documentation and Process Improvement:

• Maintain accurate records and documentation related to inventory and procurement activities
• Continuously evaluate and improve inventory management processes and procedures
• Implement best practices for spare parts planning and inventory control to enhance efficiency and reduce waste

6. Any other additional related responsibilities and project as assigned by superior

Job Requirements:

• Minimum Nitec or Diploma or equivalent in Supply Chain Management
• 2 years relevant working experience
• Proficiency in using Microsoft Excel.
• Excellent oral and written communication skills in English
• Having some experience with SAP system is an added advantage.