Asset Associate

1 day ago

Bengaluru Karnataka, India Arrow Electronics, Inc. Full time

**Position**: Asset Associate
**What You will Be Doing**

**Position Summary**
- Manage and maintain customer inventory refills and stock levels as per approved schedules and agreed ETA targets, while assisting in inventory level maintenance, order fulfilment, and forecasting.
- Handle forecasting, inventory reviews, and product life cycle management, including placement and monitoring of initial POs with adjustments or cancellations as needed.
- Review sludge reports for write-offs, write-downs, and returns, and resolve sales or supplier issues, including negotiating special returns.
- The role requires specialized or multi-skilled expertise gained through training and experience, working under moderate supervision, often serving as a resource for less experienced colleagues.
- It involves identifying key issues from incomplete data and finding broader, innovative solutions.

**Key Responsibilities**
- Ensure all tasks are performed in line with company vision and values, managing both EDI and manual purchase order entry.
- Oversee supplier backlog through re-planning, confirmation, rescheduling, cancellation, and reconciliation per demand and agreements.
- Manage VMI Buffer Min/Max levels and communicate with suppliers on backlog, shipping, and tracking, prioritizing urgent shipments.
- Handle supplier receipts and resolve shipping discrepancies, ensure accurate invoice processing, and address invoice issues.
- Monitor supplier on-time delivery, manage inventory levels, handle supplier non-conformities upon receipt, and participate in supplier meetings when needed.
- Support onboarding of new suppliers in the Hub program.

**What We Are Looking For**

**Educational & Experience Criteria**:

- Graduate with 3-5 years of experience as a buyer or strong background in supply chain management or operations, preferably in a global company or factory setup.
- Proficient in English (written and spoken), with MS Excel/Access skills to handle large data sets. Industry experience is a plus but not mandatory.
- Strong time management and facilitation skills.

**What’s In It For You**

At Arrow Converge, we recognize that financial rewards and great benefits are important aspects of an ideal job. That’s why we offer competitive financial compensation, including various compensation plans, and a solid benefits package.
- Medical Insurance
- Life Insurance
- Paid Time Off
- 5-Day Work Week
- Growth Opportunities
- On-site Café with Catering Option for Busy Lifestyles
- And more

**About Converge An Arrow Company**

Converge, an Arrow company, is your full-service global supply chain partner and industry-leading electronic components distributor. We focus on helping to create component lifecycle and process management plans and guiding you through challenging market conditions, inventory and supply chain needs.

Our data-driven, customer-centric solutions are customized to fit an organization’s goals and future needs. Strategic plans are based on product data, proprietary market intelligence and over 35 years of technology experience.

Converge started out in 1980, as New England Circuit Sales, an independent broker of computer chips. Amazingly, that was one year before the invention of MS-DOS and the IBM-PC. The world has changed and so have we. Converge has evolved from an industry-leading electronics component distributor to a full-service, global supply chain partner.

**About Arrow**

**Location**: IN-KA-Bangalore, India (Trifecta Adatto) Converge

**Time Type**: Full time

**Job Category**: Product & Supplier Management

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