Supplier Excellence Analyst – Inventory Recovery Coordinator
2 weeks ago
Job Summary
The Inventory Recovery Coordinator is responsible for managing the process of the sale of surplus material, coordinating their valuation, obtaining necessary approvals, and facilitating their sale or donation. This individual must be adept at navigating company policies and procedures to facilitate the effective disposition of surplus materials.
Responsibilities
- Receive and verify Source Documents from Business Partners detailing material information.
- Collaborate internally to determine the value of materials based on purchase price using several methodologies.
- Secure operational and financial approvals for declaring materials as surplus, following the authority matrix for different business areas.
- Maintain records of surplus material ownership and track its status until the completion of sale or donation.
- Engage with External Affairs team to explore opportunities for donating surplus materials to charity and manage the documentation and approval process.
- Create and complete Sales Agreements and Disposal Orders.
- Coordinate with Finance to ensure compliance with company requirements.
- Obtain necessary approvals based on the valuation of surplus material or its fair market value and maintain comprehensive records in SMART system.
- Liaise with accounting to adjust accounting records post-sale and ensure timely invoicing and payment tracking.
- Takes ownership of actions and follows through on commitments by holding others accountable and standing up for what’s right.
- Builds positive relationships based on trust and seeks collaboration across organizational boundaries to achieve goals.
Required Qualifications
- 3+ years of experience in transactional processes
- Strong networking, interpersonal and communication skills
- Basic knowledge and understanding of SAP material management
- Analytical and problem-solving skills
- Must be detail-oriented individual with strong coordination and communication skills, capable of making informed decisions and managing multiple tasks efficiently.
Preferred Qualifications
- Working knowledge of Procurement / Supply Chain processes, procedures, practices & techniques
- Oil and Gas materials sales experience and marketplace knowledge
- Commercial Acumen
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