Asset Manager

Location: Paramit - Corporate Headquarter
Job Code: 1244
# of openings: 2


Paramit is a rapidly growing international medical device contract design and manufacturing company that designs and manufactures high-quality medical and life sciences instruments. Headquartered in Morgan Hill, CA, we offer a rewarding work environment with global opportunities while maintaining a small company, employee-focused culture. We are seeking an experienced Asset Manager to join our team.

As our Asset Manager, you will provide material availability analysis to support customers’ demand requirements. Provide and build feedback to PM and CFT along with impact to ECN and any fluctuations to schedules. Act as the CFT lead for all material-related issues by providing clear and crisp communications to internal and external teams.  Serve as the main contact person for all excess & obsolete material reporting and resolution.


Essential Duties & Core Responsibilities

  • Analyze material for kits needed over the next 6 – 8 weeks
  • Plan and commit kits for all material needed for all Customer(s) assigned
  • Identify parts with GAP that do not achieve the target kit drop date
  • Mitigate and/or escalate to management problematic parts at risk of jeopardizing revenue
  • Manage the purchase of parts from Customers and work with PM for GAP Alignment
  • Provide the customer with weekly excess approval request(s)
  • Close on approvals with customers within the same week. Follow the workflow approval process to close the issue.
  • Monthly Excess Resolution Report via Spotlight report: zero demand or excess with demand 
  • Analyze, report, validate if changes are required
  • Validate Commodity Buyers completed cancellation and return component material for your Customer account(s)
  • Coordinate Sales order entry for excess sale and BOM
  • Coordinate excess material shipment to Customer 
  • Coordinate with customer for PO changes due to deltas on final counts.
  • Monitor pull-in actions with buyers to ensure the gap has been resolved
  • Run What-If reports if needed to support the Customers pull-in/push-out requests
  • Perform ECO material impact analysis and disposition
  • Quarterly Material Mitigation Program: Perform a BOM profile analysis on a quarterly basis to review sole-sourced parts, long lead-time, risk buys, and obsolescence


Minimum Experience Requirements

  • Excellent written and verbal communication skills
  • High emphasis on customer service satisfaction skills
  • Must be detail-oriented and possess high analytical problem-solving skills
  • Excellent track record of sound decision making and follow-through
  • Bachelor’s degree
  • 5+ years of experience in Materials
  • At least 3+ years of experience in Planning or Procurement
  • Proficient in Microsoft Office required.  Must have above average skills with Excel for analytical
  • ERP/MRP experience


Preferred Education & Experience Requirements

  • APIC’s or NAPM Certification
  • MBA degree
  • Manex and Spotlight ERP/MRP experience


Working with Paramit, you will be at the forefront of technology and a part of making a difference in the medical device and life science instrument industries. These industries touch an immeasurable amount of people, communities, countries, and our world.

At Paramit, we are committed to excellence at every level in the organization. As a manufacturer and designer of highly complex medical devices and life science instruments, we are acutely aware of our responsibility to those who will use the products we make one day. As a result, Paramit is obsessive about doing things the right way, going beyond FDA requirements, and ensuring that every finished product is safe and reliable.


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