Senior Inventory Analyst

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Date: Apr 1, 2024

Location: North Reading, MA, US

Company: Teradyne

Responsibilities:

  • Inventory Modeling & Forecasting- Based on current business conditions and product life cycle what inventory and liabilities should TER have. Identifying and reconciling gaps from the inventory model to actual inventory levels. Report to management findings as well as identifying areas of opportunity. 
  • Drive inventory reduction initiatives across functional groups to capitalize on opportunities identified in analytical work.
  • Manage the Excess & Obsolete quarterly process - Review up to $800M in gross inventory. You will work closely with our main subcontract manufacturer in understanding inventories through the complete supply chain. Understand inventory changes quarter over quarter. Integrate with marketing and demand management on finding customer forecasts. Present to finance your findings and recommend appropriate inventory provisions.
  • Product allocations- Updating and maintaining all products component allocations for new parts and existing parts to find which platform they are used on.
  • Inventory Scrap analysis - Perform statistical analysis on inventory forecast and historical shipments. Communicate with Demand Management, Finance, New Products, and Global service groups to find appropriate inventory scrap.
  • Customer Material returns - Key operations person to review and manage customer returns to ensure formal disposition plan is place and executed.
  • Consignment and Aging Material- Review subcontractors excess and obsolete inventory. Validate and approve claims.
  • Participate in processes and application continual improvement projects.
  • Potential travel to perform audits in factories and warehouses across the world including Malaysia, Philippines, Costa Rica, Japan, etc..


Qualifications:

  • BA/BS degree
  • MBA would be a plus
  • 10-15 years of industry experience focusing on supply chain, inventory/business analyst, MRP or planning
  • Strong statistical analysis and problem-solving skills.
  • Excellent communication skills both written and verbal.
  • Strong presentation skills.
  • Thorough knowledge of the concepts of MRP and Planning.
  • Proficient Excel and PowerPoint.
  • Some knowledge of Oracle and Kinaxis Rapid Response would be a plus.
  • Must be able to juggle many different activities and prioritize accordingly.

 

 

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