Senior Manager, Materials (Inventory Control)

Job Summary:

UCT is looking for a talented Sr Manager, Materials to join us in Singapore! The Materials Program Manager will work with various functions and departments to drive material flow and ensure visibility of current & future material issues. It will be the core member to supporting materials strategy.

Essential Duties and Responsibilities:

• A people manager who will manage a team
• Analyze sales trends and forecast demand to optimize inventory levels
• Analyze weekly inventory trend (raw/wip/fg) movement by product groups
• Develop and implement inventory control procedures and policies
• Monitor inventory turnover rates and identify slow-moving or excess stock for resolution
• Weekly E&O reporting and mitigation
• Conduct regular inventory audits and reconcile discrepancies
• Utilize inventory management software to track stock levels, orders and returns
• Collaborate closely with the purchasing team to maintain optimal stock levels and minimize stockouts
• Resolve any inventory related issues or discrepancies promptly
• Continuously seek to improve processes and identify opportunities for efficiency gains
• Streamlined inventory management processes to reduce lead time
• Involved in supply chain flexibility and lead time reduction programs
• Drive implementation of VOI (Vendor Owned Inventory)
• Understands all VOI parameters, calculations and data feeds to accurately generate replenishment orders
• Develops reports to track all metrics and identify trends or issues that impact inventory levels
• Support program tasks as assigned

Knowledge, Skills and Abilities:

• In-depth knowledge of inventory management principles and best practices
• Strong analytical and problem-solving skills
• Strong ability to analyze data and trends
• Ability to adapt to changing circumstances and prioritize effectively
• Detail-oriented with a focus on accuracy
• Excellent communication and interpersonal abilities
• Ability to work effectively in a fast-paced and dynamic environment

Educational/Certification Requirement:

• Degree in Business Administration, Supply Chain or Inventory Management

Work Experience Requirements:

• At least 5 years of relevant experience in manufacturing industry
• Experience in the position of Planning, Procurement or Inventory Control.
• Experience with product design engineering and commodity management or priorities for raw material or component selection.
• Experience integrating the delivery schedule of materials into product program milestones.
• Working knowledge of Materials Requirements Planning (preferred SAP) and Bill of Material Structure tools (preferred Agile)
• Experience with Excel, Word, and PowerPoint.