Arrow Electronics

Asset Specialist II

Arrow Electronics$80K — $88K *
Enterprise Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-year degree with 2-4 years of relevant experience, or advanced degree with no experience, or equivalent work experience
  • Strong inventory management skills
  • Excellent interpersonal skills
  • Detail-oriented, comfortable in high-volume settings
  • Quick to adapt and capable of multi-tasking
  • Proficient in Microsoft Office; intermediate Excel skills (Pivot Tables, VLOOKUP)
  • Strong analytical skills

Responsibilities

  • Evaluate forecast data and manage exceptions from processing
  • Review inventory parameters, and recommend changes to meet inventory goals
  • Utilize Arrow systems for optimal inventory management
  • Ensure adequate supply and optimal parts turns
  • Manage excess inventory, focusing on items aged over 180 days
  • Collaborate with sales to create effective customer quote strategies
  • Implement supplier-focused programs and update sales on progress
  • Drive profitability through communication with suppliers and sales

Benefits

  • Medical, dental, vision insurance
  • 401k with matching contributions
  • Short-term/long-term disability insurance
  • Health Savings Account (HSA) and Health Reimbursement Account (HRA) options
  • Paid time off including sick, holiday, and vacation
  • Tuition reimbursement
  • Growth opportunities
  • Discounted RTD passes and convenient office location off Light Rail
  • On-site café with catering options
  • 24/7 on-site gym and lockers free for all employees
  • Bike racks
  • And more!
Full Job Description
Position:
Asset Specialist II
Job Description:

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!


#LI-KO1

Annual Hiring Range/Hourly Rate:

$80,100.00 - $88,199.11

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

About Arrow Electronics

Arrow Electronics distributes a range of electronic components and enterprise computing products, services, and solutions to industrial and commercial users worldwide. The company operates in two segments, Global components, and global enterprise computing solutions. The global components segment offers semiconductor products and related services. It provides passive, electromechanical, and interconnect products comprising capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors, as well as computing, memory, and other products. The Global Enterprise Computing Solutions segment offers enterprise and midrange computing products, services, and solutions to value-added resellers. It also offers access infrastructure, security, and virtualization software solutions, as well as midrange servers, storage, and software solutions. In addition, the company provides materials planning, design services, programming and assembly services, inventory management, and a suite of online supply chain tools. Its customers include the manufacturers of consumer and industrial equipment, telecommunication products, automotive and transportation, aerospace and defense, scientific and medical devices, and computer and office products.

Arrow Electronics Careers

Join the dynamic team at Arrow Electronics, a global leader in electronic components and computing solutions, where innovation meets real-world applications. At Arrow, we are committed to fostering a culture of growth and leadership, making it an ideal place for professionals seeking to advance their careers in technology.

Work You’ll Do

At Arrow Electronics, you will collaborate with some of the brightest minds in the industry, driving innovation and transformation in the global technology landscape. Our team members are at the forefront of developing solutions that shape the future of how we live and work.

Lead with Innovation and Expertise

Arrow Electronics stands at the intersection of innovative technology solutions and robust industry expertise. Our professionals lead the way in delivering cutting-edge solutions that make a difference. With a focus on sustainable technology and smart solutions, Arrow is uniquely positioned to lead digital transformations.

Join Our Global Team

Being part of Arrow Electronics means being part of a global network of over 18,000 professionals dedicated to redefining what’s possible. We offer job opportunities across a wide range of functions, from engineering to marketing, all united by a common goal of innovation and excellence.

Explore Career Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Arrow Electronics offers a variety of career paths to help you achieve your professional goals. Our commitment to diversity and inclusive culture ensures that every team member can thrive.

Professional Growth and Development

Arrow Electronics is deeply invested in the professional growth of its team members. With comprehensive benefits, diversity training, and leadership development programs, we provide the tools and resources necessary for career advancement and personal development.

Innovative Work Environment

Our work environment encourages creativity and out-of-the-box thinking. At Arrow, you will have the opportunity to engage in projects that push the boundaries of technology and make a tangible impact on the world.

Networking and Mentorship

Arrow Electronics values the power of networking and mentorship. By joining our team, you will connect with industry leaders and gain insights that can propel your career forward. Our collaborative culture fosters learning and sharing of ideas across all levels of the company.

Apply Today

Ready to take the next step in your career? Explore the job opportunities at Arrow Electronics and find the position that matches your skills and passions. Prepare your resume, sharpen your interview skills, and get ready to join a team that values professionalism and innovation.

Stay Connected

Keep up to date with the latest from Arrow Electronics by following our careers blog. Gain insider perspectives, career tips, and industry-leading insights that you can apply to your professional life.

Join Arrow Electronics—where careers soar and innovation drives success.

Learn more about Arrow Electronics
Size
20,700 employees
Market Cap
$6.3 billion
Industry
Net Income
$584.4 million
Founded
1935
5 Year Trend
+8%
Revenue
$28.6 billion
NASDAQ

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