Asset Specialist

Arrow Electronics•Denver, CO

1d•Hybrid

About The Position

This role involves planning and managing inventory for complex customer demands, including high dollar value and large part count items. The specialist will prepare forecast uploads, manage exceptions, and resolve related issues. They will also review and recommend changes to forecasting parameters to achieve company inventory turn goals and manage complex In-Plant Stores and consignment engagements to ensure adequate supply and maximum turns. Additionally, the role focuses on managing excess and slow-moving inventory, collaborating with sales and supply chain teams to suggest alternative solutions, and contributing to innovative problem-solving. The Asset Specialist will represent the regional planning team in setting up various inventory management systems and participate in implementation of new engagements. They will also act as a regional inventory champion, provide training to new material planners, and serve as a backup for the Regional Materials Manager.

Requirements

Typically requires a 4-year degree and a minimum of 5 years of related experience; or an advanced degree without experience; or equivalent work experience.
Knowledge and experience in own discipline and may still be acquiring higher level knowledge and skills.
Builds knowledge of the organization, processes and customers, solves a range of straightforward problems, and analyzes possible solutions using standard procedures.
Moderate level of guidance and direction is provided.
Extensive knowledge and experience in own discipline, possesses strong knowledge of the organization, processes and customers, solves a range of complex problems, and analyzes possible solutions using standard procedures.
Limited guidance and direction is provided.

Responsibilities

Plan and pipeline inventory for high complex customer demand—high dollar value and/or large part count.
Prepare both Arrow generated and customer supplied forecast uploads to e-compass and manage the exceptions generated from the e-compass processing.
Resolve any upload and/or output issues from e-compass.
Review e-compass parameters and make recommendations/changes to ensure achievement of company inventory turns goals.
Manage e-compass using manugistics where applicable to assure best forecast input.
Manage the more complex In-Plant Stores and consignment engagements to assure both adequate supply and maximum turns.
Manage excess inventory including concentration on slow moving and/or sludge.
Work with sales teams and supply chain group to suggest alternative supply chain options to enhance customer support to assure inventory management needs are met.
Generate and/or contribute to out-of-box- solutions.
Represent the regional planning team in setting up consignments/In-Plant Stores, kanban systems, ABC Low Value analyses, etc.
Work with Digital Supply Chain Solutions and Sales in implementation of new engagements until operational.
Participate as regional inventory champion on CPI teams or other inventory related task forces.
Provide training and/or mentor new material planners and be back up for Regional Materials Manager as required.