Senior / Lead Specialist, Inventory

The Senior / Lead Inventory Specialist supports inventory management strategy and processes in alignment with company policies. This position is responsible for maintaining inventory accuracy, data visibility, and ensuring material availability by analyzing inventory data, maintaining effective controls, resolving discrepancies, and supporting inventory optimization initiatives to meet operational requirements. This position works closely with key stakeholders, such as Engineering & Construction (E&C) and Operations. The Senior / Lead Inventory Specialist is accountable for the execution of inventory analysis, planning and classification, critical material ordering, delivery and management, and item master setup. The position shall communicate effectively, collaborate with other teams and functions, and seek for innovation and continuous improvement. RESPONSIBILITIES AND ESSENTIAL DUTIES Stakeholder Management Communicate with integrity across key business stakeholders to align risks, mitigations, and opportunities in support of operational execution and administration. Leverage collaboration and cross-team workload within SCM functions and with the business. Ensure SCM services are delivered with quality and timely response. Maintains frequent and effective engagements with key stakeholders to proactively identify operational requirements. Promote a data-driven and proactive inventory management culture. Provide input, opportunities, and recommendations for supplier delivery performance improvements. Inventory Planning, Control and Accuracy Monitor and maintain appropriate inventory levels, stocking policies, safety stock, and reorder parameters. Support material planning against demand, ensuring material availability: integrate and connect demand planning with inventory materials planning, purchasing, invoicing, and payment requirements to identify efficiencies and improvement opportunities. Monitor and maintain inventory classification, criticality, and movement-based classifications. Maintain and improve inventory processes, standards, and procedures. Maintain accuracy between physical inventory and systems records. Monitor/Execute cycle-counting and physical inventory programs. Analyze inventory discrepancies, determine root causes, and recommend corrective actions. Monitor/execute inventory adjustments, transfers, receipts, issues, and returns. Support internal/external inventory audits. Develop recommendations to address audit findings, non-compliances scenarios, etc. Inventory Performance Management and Optimization Monitor and report KPIs including inventory accuracy, inventory turnover, stockouts frequency, excess and obsolete inventory, slow-moving and non-moving inventory, material availability / service level, cycle-count accuracy, aging inventory, inventory carrying cost, replenishment performance. Develop and maintain dashboards and reports to communicate inventory performance and trends. Analyze data to identify inventory risks. Analyze, recommend, and assign inventory levels consumption, demand, and usage trends. Identify opportunities for standardization and SKU rationalization. Identify excess, obsolete, slow-moving, and inactive inventory. Manage material disposal and process expired items. Material Availability and Replenishment Management Ensure critical materials are available at the right time and location. Monitor shortages and potential stock-outs. Coordinate with Purchasing, Planning, Maintenance, Production and Warehouse Operations regarding replenishment and ordering needs. Support critical maintenance activity (turnarounds and capital projects) and operational routine requirements. Analyze historical consumption, future material demand and establish replenishment requirements. Identify corrective actions for shortages. Coordinate expediting activities with Purchasing and stakeholders as needed. Recommend opportunities to improve inventory availability while reducing unnecessary stock. Inventory Da…

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