Job Requirements
Job Description   :   Inventory Mitigation – Raw Materials (Castings, Forgings, and Other Standard Components) 
Objective   : 
 Lead and Support inventory mitigation initiatives aimed at optimizing raw material stock levels categorized under Excess & Obsolete inventory with a specific focus on raw materials Castings, Forgings, and other Standard components, and working capital without compromising production continuity. 
Key Responsibilities :
• Analyze inventory data under obsolete and excess raw materials, particularly in castings, forgings and other standard components. 
 • Collaborate with procurement, supply chain, production planning, and engineering teams to validate inventory disposition strategies. 
 • Coordinate with suppliers for consumption of RM's at inventory buy-back agreements, or resale opportunities. 
 • Lead root cause analysis to address systemic issues leading to inventory buildup.
• Implement mitigation actions such as rework, substitution, redistribution across plants, or design changes.
• Maintain accurate documentation of inventory mitigation activities and cost savings achieved. 
 • Support development and implementation of inventory optimization tools,  dashboards.
Skills & Qualifications:
• Background in supply chain, manufacturing, or materials management. 
 • Analytical skills and experience with ERP systems (SAP), Teamcentre(PLM) & NX.
• Knowledge of castings, forgings, and other standard raw material specifications is preferred.    
 • Cross-functional collaboration and project management capabilities.
• Ability to work independently and drive initiatives to closure.