Inventory Disposition Specialist

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🇺🇸 United States – Remote

⏰ Full Time

🟡 Mid-level

🟠 Senior

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Neogen Corporation

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

🧬 Biotechnology

🌾 Agriculture

🍽️ Food & Beverage

Biotechnology • Agriculture • Food & Beverage

Neogen Corporation is a biotechnology company that offers a comprehensive range of solutions and services aimed at ensuring food safety throughout the food chain. They cater specifically to the food processing, animal protein, and agriculture industries, helping to protect the global food supply while promoting efficient production practices. In addition to their primary focus on food safety, Neogen also serves the companion and performance animal sectors, as well as engaging in life sciences and toxicology fields.

📋 Description

• Identify, develop, and execute value recovery strategies for slow-moving, excess, obsolete, shelf-life-risk, and blocked raw materials and finished goods • Partner with Sales, Customer Service, Supply Chain, Operations, Quality, Regulatory, and Finance to identify approved disposition opportunities • Own opportunities from identification through verified disposition, including outlet development, stakeholder alignment, approval coordination, execution oversight, system reconciliation, and results reporting • Evaluate recovery options including customer sales, new market channels, broker arrangements, supplier returns, inter-site transfers, rework, recycling, and approved disposal alternatives • Monitor inventory risk using ERP/SAP data, inventory aging, shelf-life status, demand forecasts, inventory classifications, open orders, and excess inventory reports • Validate inventory availability, condition, and remaining shelf life with site teams • Prioritize opportunities based on urgency, usable life, recovery value, outlet feasibility, and execution timelines • Identify and develop recovery channels through customers, prospective customers, former customers, brokers, distributors, and other approved channels • Coordinate commercial outreach with Sales and Customer Service • Build and maintain a network of approved recovery partners and market channels • Develop and maintain disposition action plans • Track quantities, shelf-life windows, prospective outlets, approvals, financial impact, milestones, and execution deadlines • Coordinate cross-functional execution and escalate barriers, delays, or approval bottlenecks • Evaluate recovery alternatives, logistics costs, rework requirements, handling expenses, supplier credits, and expected net recovery • Develop business cases and recovery proposals for management review and approval • Negotiate recovery arrangements, pricing, timing, and quantities within delegated authority and approved guidelines • Partner with Finance and commercial leaders on financial review and approval • Maintain complete, auditable documentation of disposition activities, approvals, rationale, and financial outcomes • Verify physical inventory movement, ERP transactions, customer billing, supplier credits, proceeds collection, and financial reconciliation • Ensure recovery activities comply with company policies, quality standards, regulatory requirements, customer commitments, and contractual obligations • Coordinate approved scrap or destruction when recovery alternatives are not feasible • Support continuous improvement by identifying recurring inventory risk patterns and recommending ways to reduce future inventory exposure

🎯 Requirements

• Bachelor's 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 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 • Experience with ERP systems; SAP preferred • Experience with 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 • APICS/ASCM certification (CPIM, CSCP, or CLTD) preferred • Experience within regulated manufacturing environments preferred • Knowledge of inventory reserve methodologies and inventory valuation principles preferred • Demonstrated experience managing excess and obsolete inventory reduction programs preferred • Employment may be contingent upon verification of identity and authorization to work in the United States and other applicable pre-employment screening

🏖️ Benefits

• Medical, dental, and vision coverage beginning on the first day of employment • 401(k) with company match • Paid Time Off (PTO) • Career growth opportunities, tools, training, and support • Meaningful work contributing to protecting the world's food supply • Collaborative culture valuing innovation, respect, teamwork, accountability, and continuous improvement