Cochlear is the global market leader in implant hearing solutions. Cochlear's mission is to help people hear and be heard. Around the world, more people chose a Cochlear-branded hearing implant system than any other. A Cochlear Implant is an electronic device that is surgically implanted under the skin near the ear that restores hearing to those who suffer from severe hearing loss. It’s an incredible piece of engineering and the only product in the world that restores a sense through technology. Imagine using your experience to help people around the world to hear again. We can offer a unique opportunity to join Cochlear, an iconic Australian company, leading the world in implantable hearing solutions. Our mission is to help more people to hear.The OpportunityCochlear have an exciting position for an Inventory Manager, APAC based in our global headquarters in Macquarie University on a permanent full-time basis.You will be accountable for developing and implementing inventory management strategies to optimize inventory levels, minimize costs, and meet customer demand, whilst ensuring the business maintains a high level of customer service. The role will collaborate cross-functionally to align inventory goals with business objectives, monitor inventory performance metrics, and implement control measures to prevent stockouts and reduce scrap.Your key responsibilities will be…
- Develop and implement inventory management strategies
- Collaborate with cross-functional teams, including procurement, sales, marketing , and finance, to align inventory goals with overall business objectives and expected customer service levels.
- Monitor inventory turnover rates, stock levels, and aging inventory to identify opportunities for improvement and mitigate risks.
- Develop and implement inventory control measures to prevent stockouts, excess inventory, and reducing scrap of expired inventory.
- Generate reports and provide analysis on inventory performance metrics, such as fill rates, stockouts, and inventory turnover.
- Facilitate and lead inventory review meetings with the aim to ensure inventory accuracy
- Lead continuous improvement initiatives to optimize inventory management processes, reduce costs, and enhance operational efficiency.
- Provide training and support to staff members on inventory-related processes and procedures as needed.
- Bachelor's degree in business administration, supply chain management, logistics (or equivalent)
- Experience in inventory management or related roles, with a proven track record of success in driving improvements and achieving results.
- Excellent analytical skills and proficiency in data analysis tools and techniques.
- Effective communication and interpersonal skills, with the ability to collaborate across departments and influence stakeholders at all levels.
- Knowledge of inventory management best practices, industry standards, and regulatory requirements.
- Experience with a ERP system
- Track record of influencing leadership responsibilities with in-depth experience of managing inventory levels to both expected financial and service goals, working with internal Supply Chain and development and implementation of supplier performance metrics.
- Experience working within a regulated industry
- Strategic thinker with the ability to anticipate market trends and make data-driven decisions.
- Join Cochlear in a period of sustained growth
- Opportunity to shape how inventory is managed across the Cochlear APAC region
- Opportunity to work with various stakeholders globally
- Flexible working environment