Inventory Cost Manager

1.       Manage and control overall inventory activities to ensure accurate inventory records and effective material management.

2.       Ensure sufficient material availability to support production requirements while maintaining optimum inventory levels.

3.       Monitor inventory accuracy, inventory turns, Days on Hand (DOH), aging inventory, and working capital performance.

4.       Lead cycle counting and physical inventory activities and ensure timely reconciliation of inventory discrepancies.

5.       Manage excess, obsolete, slow-moving, and non-moving inventory and drive appropriate disposition and recovery actions.

6.       Work closely with Planning, Procurement, Warehouse, Production, Quality, Engineering, Finance, and Program Management on inventory-related matters.

7.       Ensure all inventory transactions, including receipt, issuance, transfer, return, adjustment, and scrap, are accurately recorded in the ERP/MRP system.

8.       Identify inventory discrepancies, perform root-cause analysis, and implement corrective and preventive actions.

9.       Drive inventory optimization and reduction initiatives without impacting production continuity and customer delivery.

10.   Manage material liability arising from demand changes, order cancellations, engineering changes, product transitions, and end-of-life activities.

11.   Ensure proper material control, traceability, FIFO/FEFO, lot control, shelf-life management, and inventory segregation.

12.   Establish and maintain inventory control procedures, processes, and governance to strengthen material accountability.

13.   Support NPI, production ramp-up, product transfer, and end-of-life activities from an inventory management perspective.

14.   Support internal, external, financial, and customer audits related to inventory and material control.

15.   Monitor inventory KPIs and provide regular inventory performance, risk, and action-plan reporting to management.

16.   Lead continuous improvement initiatives to improve inventory accuracy, material flow, system transactions, and operational efficiency.

17.   Lead, coach, and develop the Inventory Control team to ensure strong performance, competency, and accountability.

18.   Ensure inventory management activities support overall Supply Chain objectives, customer requirements, cost targets, and business performance.

Job Specification

• Bachelor’s degree in supply chain management, Logistics, Business Administration, Engineering, Operations Management, or related field.

• Minimum 8–10 years of experience in Inventory Control, Materials Management, Supply Chain, Planning, or Warehouse operations.

• Minimum 3–5 years in a supervisory or managerial role.

• Strong knowledge of inventory control, cycle counting, physical inventory, E&O management, and material flow.

• Good understanding of MRP/ERP systems preferably SAP, BOM structures, FIFO/FEFO, lot control, and material traceability.

• Proficient in English language, both written and spoken

• Proficient in Microsoft Office, including Word, Excel, PowerPoint