Inventory Disposition Specialist

Neogen Corporation; United States; Remote; USD 55,000 - 70,000; Full time

Job summary

Neogen Corporation is seeking an Inventory Optimization & Disposition Specialist in the United States. This role drives value recovery for slow-moving and excess materials, partnering across Sales, Customer Service, Supply Chain, Operations, Quality, Regulatory, and Finance to maximize inventory recovery and minimize waste.

You will own each opportunity from identification to verified disposition, coordinating outlets, approvals, and execution while reporting results and reducing inventory

Responsibilities

• Identify slow-moving, excess, short-dated, obsolete, shelf-life-risk, and blocked inventory requiring disposition action.
• Coordinate with Sales, Customer Service, Supply Chain, Operations, Quality, Regulatory, and Finance to assess disposal opportunities.
• Own each disposition from identification through verified closure, including outlet development, approvals, execution, and reporting.

Job description

It's fun to work in a company where people truly believe in what they are doing!

Inventory Optimization & Disposition Specialist

The Inventory Optimization & Disposition Specialist is accountable for identifying, developing, and executing value recovery strategies for slow-moving, excess, obsolete, shelf-life-risk, and blocked raw materials and finished goods. This role proactively partners with Sales, Customer Service, Supply Chain, Operations, Quality, Regulatory, and Finance to identify approved disposition opportunities that maximize inventory recovery and minimize waste.

The Inventory Optimization & Disposition Specialist is accountable for identifying, developing, and executing value recovery strategies for slow-moving, excess, obsolete, shelf-life-risk, and blocked raw materials and finished goods. This role proactively partners with Sales, Customer Service, Supply Chain, Operations, Quality, Regulatory, and Finance to identify approved disposition opportunities that maximize inventory recovery and minimize waste.

The role owns each opportunity from identification through verified disposition, including outlet development, stakeholder alignment, approval coordination, execution oversight, system reconciliation, and results reporting. Success is measured by realized inventory recovery outcomes and reduction of inventory exposure, not simply by identifying risk or referring opportunities.

Overview

The Inventory Optimization & Disposition Specialist is accountable for identifying, developing, and executing value recovery strategies for slow-moving, excess, obsolete, shelf-life-risk, and blocked raw materials and finished goods. This role proactively partners with Sales, Customer Service, Supply Chain, Operations, Quality, Regulatory, and Finance to identify approved disposition opportunities that maximize inventory recovery and minimize waste.

The Inventory Optimization & Disposition Specialist is accountable for identifying, developing, and executing value recovery strategies for slow-moving, excess, obsolete, shelf-life-risk, and blocked raw materials and finished goods. This role proactively partners with Sales, Customer Service, Supply Chain, Operations, Quality, Regulatory, and Finance to identify approved disposition opportunities that maximize inventory recovery and minimize waste.

The role owns each opportunity from identification through verified disposition, including outlet development, stakeholder alignment, approval coordination, execution oversight, system reconciliation, and results reporting. Success is measured by realized inventory recovery outcomes and reduction of inventory exposure, not simply by identifying risk or referring opportunities.

The position evaluates a broad range of recovery options, including customer sales opportunities, new market channels, broker arrangements, supplier returns, inter-site transfers, rework, recycling, and approved disposal alternatives. Scrap or destruction is considered only after feasible recovery alternatives have been evaluated and documented, unless immediate disposal is required for safety, quality, or regulatory compliance.

Planning ownership, demand forecasting, purchasing parameters, inventory policies, and systemic process changes remain with the appropriate functional owners.

Key Responsibilities

Inventory Risk Identification & Prioritization

• Monitor inventory risk through ERP/SAP data, inventory aging, shelf-life status, demand forecasts, inventory classifications, open orders, and excess inventory reporting.
• Identify slow-moving, excess, short-dated, obsolete, expired, and blocked inventory requiring disposition action.
• Validate inventory availability, condition, and remaining shelf life with site teams.
• Prioritize opportunities based on urgency, remaining usable life, recovery value, outlet feasibility, and execution timelines.

Outlet Development & Value Recovery

• Identify, evaluate, and develop recovery channels for at-risk inventory through existing customers, prospective customers, former customers, brokers, distributors, and other approved channels.
• Coordinate commercial outreach with Sales and Customer Service to assess demand, product suitability, customer requirements, and approval needs.
• Develop creative and compliant disposition strategies that maximize inventory value while supporting customer and business needs.
• Build and maintain a network of approved recovery partners and market channels to improve inventory recovery outcomes.

Opportunity Management & Executi on

• Develop and maintain disposition action plans for inventory recovery opportunities.
• Track inventory quantities, shelf-life windows, prospective outlets, approvals, financial impact, key milestones, and execution deadlines.
• Coordinate cross-functional execution activities to ensure timely completion before inventory value deteriorates.
• Escalate barriers, delays, or approval bottlenecks that threaten recovery opportunities.

Financial Recovery & Negotiatio n

• Evaluate recovery alternatives, considering logistics costs, rework requirements, handling expenses, supplier credits, and expected net recovery.
• Develop business cases and recovery proposals for management review and approval.
• Negotiate inventory recovery arrangements, pricing, timing, and quantities within delegated authority and approved guidelines.
• Partner with Finance and commercial leaders to ensure appropriate financial review and approval of disposition activities.

Compliance, Documentation & Governance

• Maintain complete and auditable documentation for all disposition activities, including options considered, approvals received, rationale for decisions, and financial outcomes.
• Verify physical inventory movement, ERP transactions, customer billing, supplier credits, proceeds collection, and financial reconciliation before closing disposition cases.
• Ensure all recovery activities comply wi