General Information

Req #
Career area:
Supply Chain
Wednesday, February 22, 2023
Working time:
Additional Locations
* Hungary

Why Work at Lenovo

Here at Lenovo, we believe in smarter technology that builds a brighter, more sustainable and inclusive future for our customers, colleagues, communities, and the planet.

And we go big. No, not big—huge.

We’re not just a US$70 billion revenue Fortune Global 500 company, we’re one of Fortune’s Most Admired. We’re transforming the world through intelligent transformation, offering the world’s most complete portfolio of smart devices, infrastructure, and solutions. With more than 71,500 employees doing business in 180 markets, we help millions—not just the select few—experience our version of a smarter future.

The one thing that’s missing? Well… you...

Description and Requirements

What you will be responsible for: 
  • You will be developing accurate month-end and quarter-end focused inventory roadmaps and associated business outlooks, reflective of expected business performance.
  • You will determine optimal business Inventory levels to enable/ support the associated business performance modelling.
  • You will work with Finance as required supporting month-end closing activities.
  • You will cooperate with other teams Partner with Business Planning, Order Execution, and Global Supply Management to develop strategies to achieve Days Of Inventory (DOI) and Gross Inventory targets, optimizing inventory holdings for across each of the locations and Product categories.
  • You will maintain best-in class levels of Excess & Obsolete (E&O) inventory, working effectively and efficiently with the cross-functional teams across the Global organization.
  • You will also track inventory aging at all sites worldwide; identifying potential E&O inventory risks to the respective Stakeholders across the organization, driving associated corrective actions across the business to mitigate these risks.
  • Ensure timely identification of site rebalance opportunities to support in the attainment of both serviceability and inventory objectives.
  • Work closely with the Global Commodity Management and Global Supply Management teams to understand inventory liability at sub-tier component suppliers, working to identify opportunity to dissipate/ minimize such liabilities, or (where this isn't possible) to work to budget accordingly.
  • Work with the manufacturing and distribution locations to facilitate the timely disposition of aged inventory through broker and scrap processes.
  • Collaborate across the WW Inventory team and other key stakeholders across the organization to drive relevant business process improvement projects and improve data automation and visualization.

You will be reporting to ESMB Inventory Manager, within Planning and Inventory team.