Inventory Optimization Planner
ON Semiconductor
Inventory Planning Team Member
onsemi is seeking a candidate with strong problem solving and analytical skills to join the Inventory Planning team within Supply Chain Management. You will drive processes that help enable inventory optimization and reaching our corporate financial goals. Working cross functionally with Business Units, Sales, Finance, and Planning you will work on opportunities to reduce excess and slow moving inventory across all stages of the supply chain. Strong analytical skills are also needed in helping to produce accurate forward projecting models on inventory growth and decline.
Responsibilities
- Develop and execute inventory optimization strategies to support revenue growth, margin objectives, and working capital targets.
- Identify and drive actions to reduce excess, obsolete, and slow-moving inventory across the enterprise.
- Establish inventory targets by product family, business unit, region, and customer segment.
- Monitor inventory health metrics and recommend corrective actions to improve inventory turns and reduce aging inventory.
- Lead cross-functional efforts to resolve demand-supply imbalances and inventory mismatches
- Communicate key inventory risks, reserve exposure, market changes, and financial implications in a clear and actionable manner.
- Manage an inventory entitlement model that aids in highlighting areas of imbalance.
Qualifications
- 7+ years of experience in inventory management, supply chain planning, finance, business analytics, demand planning, or related fields.
- Experience working cross-functionally with Finance, Sales, Supply Chain, and Business Unit leadership.
- Proven track record of driving inventory reduction, working capital improvements, and process optimization initiatives.
- Experience developing forecasting models, inventory projections, and executive-level business analyses.
- Semiconductor, high-tech manufacturing, or electronics industry experience preferred.
About Us
onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world's most complex challenges and leads the way in creating a safer, cleaner, and smarter world.
About the Team
We are committed to sourcing, attracting, and hiring high-performance innovators, while providing all candidates a positive recruitment experience that builds our brand as a great place to work. onsemi is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, ancestry, national origin, age, marital status, pregnancy, sex, sexual orientation, physical or mental disability, medical condition, genetic information, military or veteran status, gender identity, gender expression, or any other protected category under applicable federal, state, or local laws. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact View email address on click.appcast.io for assistance.
Job Info
- Job Identification 2507037
- Job Category Supply Chain
- Degree Level Bachelors
- Job Schedule Full time
- Locations 5701 N Pima Road, Scottsdale, AZ, 85250, US
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