Inventory Disposition Specialist

Neogen Corporation

3d

About The Position

The Inventory Optimization & Disposition Specialist identifies, develops, and executes value-recovery strategies for slow-moving, excess, obsolete, shelf-life-risk, and blocked raw materials and finished goods. The role partners with Sales, Customer Service, Supply Chain, Operations, Quality, Regulatory, and Finance to identify approved disposition opportunities that maximize inventory recovery and minimize waste. It owns opportunities from identification through verified disposition, including outlet development, stakeholder alignment, approval coordination, execution oversight, system reconciliation, and results reporting. Success is measured by realized recovery outcomes and reduced inventory exposure.

The specialist assesses customer sales, new market channels, brokers, supplier returns, inter-site transfers, rework, recycling, and approved disposal alternatives. Scrap or destruction is considered after feasible recovery alternatives have been evaluated and documented, unless immediate disposal is required for safety, quality, or regulatory compliance. Planning ownership, demand forecasting, purchasing parameters, inventory policies, and systemic process changes remain with the relevant functional owners.

The role maintains auditable disposition records, verifies physical inventory movement and related ERP and financial transactions before closing cases, and ensures activities comply with company policies, quality standards, regulatory requirements, customer commitments, and contractual obligations. The specialist may not independently release blocked inventory, extend shelf life, override quality status, or authorize shipment of expired products. Quality and Regulatory retain authority over product release and disposition suitability; Finance retains authority over reserves, write-offs, financial recoveries, and approval thresholds; commercial and pricing approvals follow established authorities.

Requirements

• Bachelor's degree in Supply Chain Management, Business, Operations Management, Finance, Logistics, or a related field.
• At least 5 years of experience in inventory management, supply chain, operations, materials management, inventory optimization, disposition management, or related disciplines.
• Demonstrated success developing creative solutions to reduce excess and obsolete inventory while maximizing financial recovery.
• Experience working cross-functionally with commercial, operational, quality, regulatory, and finance stakeholders.
• Strong understanding of inventory management principles, ERP systems, inventory aging analysis, and material disposition processes.
• Experience evaluating financial tradeoffs and developing business cases for inventory recovery initiatives.
• Proven ability to influence stakeholders and drive results without direct authority.

Nice To Haves

• APICS/ASCM certification (CPIM, CSCP, or CLTD).
• Experience within regulated manufacturing environments.
• Knowledge of inventory reserve methodologies and inventory valuation principles.
• Demonstrated experience managing excess and obsolete inventory reduction programs.
• SAP experience is preferred.

Responsibilities

• Monitor inventory risk using ERP/SAP data, inventory aging, shelf-life status, demand forecasts, inventory classifications, open orders, and excess inventory reports.
• Identify slow-moving, excess, short-dated, obsolete, expired, and blocked inventory requiring disposition action.
• Validate inventory availability, condition, and remaining shelf life with site teams.
• Prioritize opportunities by urgency, usable life, recovery value, outlet feasibility, and execution timelines.
• Identify and develop recovery channels through existing, prospective, and former customers, brokers, distributors, and other approved channels.
• Coordinate commercial outreach with Sales and Customer Service to assess demand, product suitability, customer requirements, and approvals.
• Develop compliant disposition strategies and maintain a network of approved recovery partners and market channels.
• Create and maintain disposition action plans, tracking quantities, shelf-life windows, outlets, approvals, financial impact, milestones, and deadlines.
• Coordinate cross-functional execution and escalate barriers, delays, or approval bottlenecks that threaten recovery opportunities.
• Evaluate recovery alternatives, including logistics, rework, handling costs, supplier credits, and expected net recovery.
• Develop business cases and recovery proposals for management review and approval.
• Negotiate recovery arrangements, pricing, timing, and quantities within delegated authority and approved guidelines.
• Partner with Finance and commercial leaders to obtain appropriate financial review and approval.
• Maintain complete, auditable documentation of options considered, approvals, decision rationale, and financial outcomes.
• Verify physical inventory movement, ERP transactions, customer billing, supplier credits, proceeds collection, and financial reconciliation before closing cases.
• Ensure recovery activities comply with company policies, quality standards, regulatory requirements, customer commitments, and contractual obligations.
• Prepare and coordinate approved scrap or destruction activities when recovery alternatives are not feasible.
• Partner with Sales and Customer Service on commercial opportunities and customer engagement.
• Collaborate with Planning, Procurement, Inventory Management, Manufacturing, Warehousing, and Logistics to validate availability and execution timing.
• Work with Quality and Regulatory on inventory release, retesting, rework approvals, disposition suitability, and compliance requirements.
• Identify recurring inventory risk patterns and recommend opportunities to reduce future inventory exposure.

Benefits

• Medical, dental, and vision coverage beginning on the first day of employment.
• 401(k) with company match.
• Paid time off (PTO).
• Career growth opportunities, including tools, training, and support for career development.
• Meaningful work contributing to customers, communities, and the world around us.
• Collaborative culture that values innovation, respect, teamwork, accountability, and continuous improvement.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level