CPS SG Inventory Controller
Job Description Summary: Based in Tuas, Singapore (2-ways transportation provided at selected MRT locations islandwide)Role OverviewThe inventory controller will be part of the Singapore planning team and be responsible for the overall analysis and management of inventory across all categories (packaging, raw materials, finished goods, etc.). The role routinely provides inventory analysis to support building an optimized supply plan guided by primary supply chain key performance indicators (KPI’s) – Inventory Health (Weeks of Stock or WOS), On-Hand Inventory Value, Inventory Loss, Inventory Accuracy and Perfect Order Rate (Service level), for the local Singapore manufacturing site.This team collaborates extensively with various functional teams within our supply chain and operations - Customer Service, Materials Operations (buyers), Warehouse operation, Production, Product Portfolio, Quality and Finance.The key responsibilities are:Leading the routines for the analysis and management of inventory across all categories (packaging, raw materials, finished goods, etc.)Routinely analyze inventory trends and use analysis to support buyers and master planners update planning parameters and stocking levels to make an optimized supply planDrives Inventory optimization for the Singapore site to a sustainable level – providing sufficient flexibility to market demand fluctuations yet optimized against on-hand inventory value and warehouse storageLead the monthly routine Materials Review Board (MRB) activities to reduce write-off for both local plant and operating unit (OU)Work with various functions to ensure Inventory Accuracy for local Singapore site; scope includes on-site warehouse, external warehouses and internal Production Work-In-Progress (WIP) locationsReview cross-functional processes, standard operating procedures (SOP) and work instructions relating to inventory movements and records to ensure synchronization and achieve the inventory accuracy targetsJointly implement inventory control programs with the cross functional teams – Warehouse, Production, QA and Finance to achieve inventory targets and compliance with our Quality system and SOX auditDrives reconciliation of inventory discrepancy with the cross functional teams – Warehouse, Production, QA and PurchasingDevelop and initiate improvement opportunities (such as monitoring programs) to further improve and optimize inventory related KPI’sSupport or Lead root cause analysis to identify root cause, propose preventive and corrective actions on inventory related issuesQualifications & Requirements:Foundation of supply planning and inventory management knowledgeDemonstrate ability for strong communication and collaboration with internal stakeholdersDemonstrate good analytical and detailed approachMinimum >3 years of experience in supply chain for a manufacturing site with a working knowledge on SAP, Materials Requirements Planning (MRP) and Inventory ManagementBachelor’s degree in Supp...