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Inventory Optimization Planner

Jobs onsemiScottsdale🇺🇸United States

Quick overview

SeniorityMid Senior
Employment typeFull Time
Work modeHybrid
LocationScottsdale, United States
Demand PlanningForecastingInventory ManagementSupply Chain Management

Job description

onsemi is seeking a candidate with strong problem solving and analytical skills to join the Inventory Planning team within Supply Chain Management. You will drive processes that help enable inventory optimization and reaching our corporate financial goals. Working cross functionally with Business Units, Sales, Finance, and Planning you will work on opportunities to reduce excess and slow moving inventory across all stages of the supply chain. Strong analytical skills are also needed in helping to produce accurate forward projecting models on inventory growth and decline.

  • Develop and execute inventory optimization strategies to support revenue growth, margin objectives, and working capital targets.
  • Identify and drive actions to reduce excess, obsolete, and slow-moving inventory across the enterprise.
  • Establish inventory targets by product family, business unit, region, and customer segment.
  • Monitor inventory health metrics and recommend corrective actions to improve inventory turns and reduce aging inventory.
  • Lead cross-functional efforts to resolve demand-supply imbalances and inventory mismatches
  • Communicate key inventory risks, reserve exposure, market changes, and financial implications in a clear and actionable manner.
  • Manage an inventory entitlement model that aids in highlighting areas of imbalance.
  • 7+ years of experience in inventory management, supply chain planning, finance, business analytics, demand planning, or related fields.
  • Experience working cross-functionally with Finance, Sales, Supply Chain, and Business Unit leadership.
  • Proven track record of driving inventory reduction, working capital improvements, and process optimization initiatives.
  • Experience developing forecasting models, inventory projections, and executive-level business analyses.
  • Semiconductor, high-tech manufacturing, or electronics industry experience preferred.

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