Agent
Jobs
Applied
Tracker
Profile
    1. Jobs for you
    2. Job

    Job · 22220233

    Neogen Food & Animal Security (India) Pvt. Ltd. logo

    Inventory Disposition Specialist

    Neogen Food & Animal Security (India) Pvt. Ltd. · Remote · remote · Posted 1d ago

    Undisclosed5–10 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    Job Summary
    The Inventory Optimization Disposition Specialist is accountable for identifying, developing, and executing value recovery strategies for slow-moving, excess, obsolete, shelf-life-risk, and blocked raw materials and finished goods. This role proactively partners with Sales, Customer Service, Supply Chain, Operations, Quality, Regulatory, and Finance to identify approved disposition opportunities that maximize inventory recovery and minimize waste.
    The role owns each opportunity from identification through verified disposition, including outlet development, stakeholder alignment, approval coordination, execution oversight, system reconciliation, and results reporting. Success is measured by realized inventory recovery outcomes and reduction of inventory exposure, not simply by identifying risk or referring opportunities.
    The position evaluates a broad range of recovery options, including customer sales opportunities, new market channels, broker arrangements, supplier returns, inter-site transfers, rework, recycling, and approved disposal alternatives. Scrap or destruction is considered only after feasible recovery alternatives have been evaluated and documented, unless immediate disposal is required for safety, quality, or regulatory compliance.
    Planning ownership, demand forecasting, purchasing parameters, inventory policies, and systemic process changes remain with the appropriate functional owners.


    Key Responsibilities

    Inventory Risk Identification Prioritization
    • Monitor inventory risk through ERP/SAP data, inventory aging, shelf-life status, demand forecasts, inventory classifications, open orders, and excess inventory reporting.
    • Identify slow-moving, excess, short-dated, obsolete, expired, and blocked inventory requiring disposition action.
    • Validate inventory availability, condition, and remaining shelf life with site teams.
    • Prioritize opportunities based on urgency, remaining usable life, recovery value, outlet feasibility, and execution timelines.


    Outlet Development Value Recovery
    • Identify, evaluate, and develop recovery channels for at-risk inventory through existing customers, prospective customers, former customers, brokers, distributors, and other approved channels.
    • Coordinate commercial outreach with Sales and Customer Service to assess demand, product suitability, customer requirements, and approval needs.
    • Develop creative and compliant disposition strategies that maximize inventory value while supporting customer and business needs.
    • Build and maintain a network of approved recovery partners and market channels to improve inventory recovery outcomes.


    Opportunity Management Execution
    • Develop and maintain disposition action plans for inventory recovery opportunities.
    • Track inventory quantities, shelf-life windows, prospective outlets, approvals, financial impact, key milestones, and execution deadlines.
    • Coordinate cross-functional execution activities to ensure timely completion before inventory value deteriorates.
    • Escalate barriers, delays, or approval bottlenecks that threaten recovery opportunities.


    Financial Recovery Negotiation
    • Evaluate recovery alternatives, considering logistics costs, rework requirements, handling expenses, supplier credits, and expected net recovery.
    • Develop business cases and recovery proposals for management review and approval.
    • Negotiate inventory recovery arrangements, pricing, timing, and quantities within delegated authority and approved guidelines.
    • Partner with Finance and commercial leaders to ensure appropriate financial review and approval of disposition activities.


    Compliance, Documentation Governance
    • Maintain complete and auditable documentation for all disposition activities, including options considered, approvals received, rationale for decisions, and financial outcomes.
    • Verify physical inventory movement, ERP transactions, customer billing, supplier credits, proceeds collection, and financial reconciliation before closing disposition cases.
    • Ensure all recovery activities comply with company policies, quality standards, regulatory requirements, customer commitments, and contractual obligations.
    • Prepare and coordinate approved scrap or destruction activities when recovery alternatives are not feasible.


    Cross-Functional Partnership
    • Partner with Sales and Customer Service to identify commercial opportunities and support customer engagement activities.
    • Collaborate with Planning, Procurement, Inventory Management, Manufacturing, Warehousing, and Logistics to validate inventory availability and execution timing.
    • Work closely with Quality and Regulatory teams regarding inventory release, retesting, rework approvals, disposition suitability, and compliance requirements.
    • Support continuous improvement efforts by identifying recurring inventory risk patterns and recommending opportunities to reduce future inventory exposure.


    Authority Decision Rights
    • Responsible for identifying and driving inventory recovery opportunities through approved disposition.
    • May not independently release blocked inventory, extend shelf life, override quality status, or authorize shipment of expired products.
    • Quality and Regulatory retain authority over product release, disposition suitability, retesting, rework, shelf-life extensions, and compliance decisions.
    • Finance retains authority for inventory reserves, write-offs, financial recoveries, and approval thresholds.
    • Commercial and pricing approvals must be obtained in accordance with established approval authorities.


    Professional Qualifications
    • Bachelors degree in Supply Chain Management, Business, Operations Management, Finance, Logistics, or a related field.
    • 5+ years of experience in inventory management, supply chain, operations, materials management, inventory optimization, disposition management, or related disciplines.
    • Demonstrated success in developing creative solutions to reduce excess and obsolete inventory while maximizing financial recovery.
    • Experience working cross-functionally with commercial, operational, quality, regulatory, and finance stakeholders.
    • Strong understanding of inventory management principles, ERP systems (SAP preferred), inventory aging analysis, and material disposition processes.
    • Experience evaluating financial tradeoffs and developing business cases for inventory recovery initiatives.
    • Proven ability to influence stakeholders and drive results without direct authority.


    Preferred Qualifications
    • APICS/ASCM certification (CPIM, CSCP, or CLTD).
    • Experience within regulated manufacturing environments.
    • Knowledge of inventory reserve methodologies and inventory valuation principles.


    Disclaimer: This job posting and Location has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

    Sourced from naukri

    Skills

    Customer ServiceCustomer EngagementDemand Forecastingforecastserp systemsDentalCustomer BillingCustomer SalesHealthcareERPInventory ManagementFinancial ReconciliationcomplianceFood SafetyfinanceForecasting

    About Neogen Food & Animal Security (India)

    Neogen Food & Animal Security (India) Pvt. Ltd. logo

    Neogen Food & Animal Security (India) Pvt. Ltd.

    75

    employees

    ₹12.6L PA avg

    Avg at Neogen Food & Animal Security (India)

    About

    Neogen provides solutions for the food processing and agriculture sectors, focusing on improving efficiency and food safety across the supply chain.

    Industries

    Food ProcessingManufacturing

    Employee ratings

    5 reviews

    4.8/ 5

    Culture

    4.4

    Career growth

    3.4

    Work-life

    4.0

    Employees rate it well for

    Job Security49Company Culture48

    Find them on

    WebsiteAmbitionBox reviews

    Inventory Disposition Specialist · waiting for your command