Asset Specialist II

Job description

Position: Asset Specialist II Job Description: Arrow Electronics is a global provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow Electronics guides innovation forward for over 220,000 leading technology manufacturers and service providers. With 2025 sales of $30.9 billion, Arrow develops technology solutions that improve business and daily life. The company maintains 228 locations worldwide with over 85 countries served. A Fortune 154 company with 21,500 employees worldwide, Arrow brings technology solutions to a breadth of markets, including telecommunications, information systems, transportation, medical, industrial, and consumer electronics. Arrow provides specialized services and expertise across the entire product lifecycle. Arrow does this by connecting customers to the right technology at the right place, time, and price. Arrow provides extraordinary value to customers and suppliers - the best technology companies in the world - and connects them through the company's industry-leading services. As an Asset Specialist II (Buyer) you will plan and pipeline inventory for high complex technology demand for numerous customers—high dollar value and/or large part count. You will be responsible for building and maintaining relationships with suppliers to obtain the best results for customers. What You’ll Be Doing: Evaluate both Arrow generated and customer supplied forecast uploads and manage the exceptions generated from the forecast processing Review parameters and make recommendations/changes to ensure achievement of company inventory turns goals Manage inventory using Arrow systems to assure best forecast input Manage parts and engagements to assure both adequate supply and maximum turns Manage excess inventory including concentration on aged greater than 180 days Work with sales team on developing strategies to successfully win customer quotes Implement strategic supplier focused programs and provide updates to the sales team Strategically drive profitability through constant communication with external suppliers and sales teams through inventory management Strong knowledge of market conditions in order to create a competitive advantage Participate in price negotiations with customers and suppliers to win new and defend existing business Oversee purchase orders, cancellations, new buys, pull-ins, and review forecast actions What We Are Looking For: Typically requires a 4 year degree and 2-4 years of related experience; or an advanced degree without experience; or equivalent work experience Strong Inventory Management skills Strong interpersonal skills Detail oriented and comfortable in a high-volume environment Ability to change gears quickly and to multi-task Working knowledge of Microsoft Office Intermediate Excel skills required, Pivot Tables, VLOOKUP's Ability to build and maintain internal/external professional relationships with suppliers, reps and sales personnel Strong Analytical Skills Work Arrangement: This position will follow a hybrid schedule of 3 days in our office (Tuesdays, Wednesdays, and Thursdays) and 2 days per week from home What’s In It For You: At Arrow, 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, Dental, Vision Insurance 401k, With Matching Contributions Short-Term/Long-Term Disability Insurance Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options Paid Time Off (including sick, holiday, vacation, etc.) Tuition Reimbursement Growth Opportunities Discounted RTD Passes, with convenient office location off RTD Light Rail (Dry Creek Exit) On-site Café with Catering Option for Busy Lifestyles 24/7/365 On-site Gym and Lockers, Free for Use to All Employees! Bike Racks And more! Annual Hiring Range/Hourly Rate: $80,100.00 - $96,922.10 Actual compensation offer to candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level. The pay ratio between base pay and target incentive (if applicable) will be finalized at offer. Location: US-CO-Denver, Colorado (Panorama Arrow Building) Time Type: Full time Job Category: Product & Supplier Management EEO Statement: Arrow is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, gender, age, sexual orientation, gender identity, national origin, veteran or disability status. (Arrow EEO/AAP policy) All Arrow job postings are for existing job vacancies . We anticipate this requisition will be open for a minimum of five days, though it may be open for a longer period of time. We encourage your prompt application. In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.