Overview
Keysight is at the forefront of technology innovation, delivering breakthroughs and trusted insights in electronic design, simulation, prototyping, test, manufacturing, and optimization. Our 15,000 employees create world-class solutions in communications, 5G, automotive, energy, quantum, aerospace, defense, and semiconductor markets for customers in over 100 countries. Learn more about what we do.
Our award-winning culture embraces a bold vision of where technology can take us and a passion for tackling challenging problems with industry-first solutions. We believe that when people feel a sense of belonging, they can be more creative, innovative, and thrive at all points in their careers.
Responsibilities
- Analyze historical data to forecast safety stock levels and determine optimal Min-Max inventory thresholds for spare parts materials
- Monitor inventory levels to ensure adequate supply while minimizing excess stock, aligning with company targets for working capital
- Collaborate with Product Support Engineers to understand future demand needs and service requirements.
- Continuously monitor key inventory metrics (turnover rates, stockouts, excess inventory) to improve material management and reduce obsolescence risks
- Collaborate with cross-functional teams (e.g., Operations, Procurement) to ensure timely replenishment of spare parts materials without overstocking
- Work with Finance and Operations to track the financial impact of E&O inventory, helping to mitigate associated costs
- Provide regular reports and insights on E&O status, inventory aging, and potential risks to management
- Provide analytical support to COEs, contributing to continuous improvement initiatives in material management and related processes
- Partner with the Finance team to align on cost optimization initiatives, ensuring inventory levels are in line with budgetary and financial targets
Qualifications
- Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or related field
- Experience with Excess & Obsolete (E&O) inventory processes, including cost mitigation and financial impact management
- Proficient in Excel (Advanced), ERP systems (Baxter, Oracle etc) and inventory management software
- Understanding of inventory control methodologies (ABC analysis, safety stock optimization, reorder point calculation)
- Excellent communication skills to interact effectively with internal teams and external stakeholders.
Careers Privacy Statement***Keysight is an Equal Opportunity Employer.***
