Lam Research

Spares Inventory Analyst

Lam Research$92K — $211K *
Manufacturing & Automotive
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of experience in Supply Chain Management or related fields, or equivalent education/experience.
  • 5+ years of experience in inventory planning and supply chain analytics.
  • Strong grasp of inventory management principles, such as safety stock and reorder planning.
  • Advanced proficiency in Excel, Power BI, and business intelligence tools.
  • Experience in analyzing and interpreting large data sets for actionable insights.
  • Strong analytical and problem-solving abilities.
  • Excellent communication skills for influencing cross-functional teams.

Responsibilities

  • Analyze global spare parts inventory for customer service alignment.
  • Consolidate inventory data for quarterly accountability reviews.
  • Identify opportunities for improving inventory productivity and strategies.
  • Monitor key inventory health metrics and recommend improvements.
  • Evaluate investment levels and suggest actions for efficiency gains.
  • Develop reporting tools for visibility into inventory performance.
  • Collaborate with cross-functional teams to enhance inventory outcomes.

Benefits

  • Flexible work location models including hybrid options.
  • Comprehensive benefits package designed for life phases.
  • Opportunities for continuous improvement and development.
Full Job Description
The impact you'll make

This position plays a critical role in optimizing global spare parts inventory investments while ensuring industry-leading service levels and part availability for Lam's customers. This position supports the Spares Planning organization through inventory analysis, demand and supply insights, policy management, and continuous improvement initiatives.

The analyst will leverage data-driven decision making to balance inventory availability, working capital efficiency, and operational risk across a complex global service supply chain. Success in this role requires strong analytical skills, business acumen, and the ability to collaborate across Planning, Procurement, Logistics, Service Operations, and Product Management teams.

What you'll do

Inventory Strategy & Optimization
  • Analyze global spare parts inventory to ensure alignment with customer service requirements and business objectives.
  • Support quarterly accountability system reviews by consolidating inventory data points to challenge assumptions made about spare parts planning strategies.
  • Identify opportunities to improve inventory productivity through optimized stocking strategies, reorder parameters, and deployment practices.
  • Monitor inventory health metrics, including: Inventory Turns, Excess and Obsolete Inventory, Bin Health, Forecast Accuracy, Service Levels, Backorders and Critical Shortages, and Inventory Aging.
  • Evaluate inventory investment levels and recommend actions to improve working capital efficiency while minimizing customer risk.
  • Support development and execution of inventory segmentation strategies based on demand patterns, criticality, lifecycle stage, and supply risk.
  • Conduct root cause analysis on inventory imbalances and develop corrective action plans.

Inventory Performance & Analytics
  • Develop and maintain reporting tools, dashboards, and scorecards that provide visibility into inventory performance and operational risk.
  • Analyze demand, supply, consumption, and inventory trends to identify risks and opportunities.
  • Provide insights and recommendations to leadership regarding inventory optimization opportunities.
  • Monitor inventory exceptions and drive resolution of shortages, excess inventory, and parameter management issues.
  • Support monthly and quarterly business reviews with inventory performance analysis and actionable recommendations.
  • Perform scenario analysis to assess the impact of demand changes, supply disruptions, lifecycle transitions, and inventory policy adjustments.

Cross-Functional Collaboration
  • Partner with Global Product Planning, Procurement, Logistics, and Service organizations to improve inventory outcomes.
  • Collaborate with spares demand planners to understand consumption trends and variability impacting inventory requirements.
  • Facilitate alignment across stakeholders to drive inventory improvements and mitigate supply chain risks.
  • With inputs from finance and product groups, identify changes in regional customer behaviors to enable accuracy of financial targets and key inventory metrics.

Continuous Improvement
  • Identify opportunities to improve inventory planning processes, analytics, and business systems.
  • Support implementation of inventory optimization tools, planning technologies, and digital transformation initiatives.
  • Establish standardized methodologies for inventory analysis and performance reporting.
  • Champion continuous improvement initiatives that enhance inventory visibility, planning effectiveness, and decision-making capabilities.


Who we're looking for

  • Minimum of 8 years of related experience with a Bachelor's degree in Supply Chain Management, Business, Engineering, Finance, Data Analytics, Operations, or related discipline; or 6 years and a Master's degree; or a PhD with 3 years' experience; or equivalent experience.
  • 5+ years of experience in inventory planning, supply chain analytics, materials management, demand planning, or related fields.
  • Strong understanding of inventory management principles, including safety stock, reorder point planning, service level management, and inventory optimization.
  • Advanced proficiency in Excel, Power BI, and business intelligence tools.
  • Experience analyzing large data sets and translating findings into actionable business recommendations.
  • Strong analytical, quantitative, and problem-solving skills.
  • Effective communication and presentation skills with the ability to influence decision-making across cross-functional teams.
  • Proven ability to prioritize multiple assignments in a dynamic, fast-paced environment.


Preferred qualifications

  • Experience within semiconductor equipment, service supply chain, capital equipment, or high-tech manufacturing environments.
  • Knowledge of spare parts planning, aftermarket operations, inventory optimization, and service supply chain management.
  • Experience supporting global inventory organizations with multi-echelon inventory networks.
  • Familiarity with forecasting methodologies, inventory modeling, and service level planning concepts.
  • Knowledge of ERP and planning systems such as SAP, Kinaxis, Baxter Planning, Servigistics, or similar inventory planning platforms.


Lam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on-site collaboration with colleagues and the flexibility to work remotely and fall into two categories - On-site Flex and Virtual Flex. 'On-site Flex' you'll work 3+ days per week on-site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. 'Virtual Flex' you'll work 1-2 days per week on-site at a Lam or customer/supplier location, and remotely the rest of the time.

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Salary

CA San Francisco Bay Area Salary Range for this position: $92,000.00 - $211,000.00.

The above salary range for this position is relevant to applicants that reside or work onsite in the California, San Francisco Bay Area only. Salary offers will depend on factors that include the location you work from, your level, education, training, specific skills, years of experience and comparison to other employees already in this role. Actual salary may vary from salary offered due to numerous factors including but not limited to unpaid time off, unpaid leave, company mandated shutdown, and other relevant factors.

Our Perks and Benefits

At Lam, our people make amazing things possible. That's why we invest in you throughout the phases of your life with a comprehensive set of outstanding benefits.

About Lam Research

Lam Research Corporation (Lam Research) is a supplier of wafer fabrication equipment and services to the worldwide semiconductor industry. Lam Research designs, manufactures, markets, refurbish, and services semiconductor processing equipment used in the fabrication of integrated circuits. The Company’s etch and clean technologies enable customers to build integrated circuits. Its etch systems shape the microscopic conductive and dielectric layers into circuits that define a chip’s final use and function. Its Customer Support Business Group (CSBG) provides products and services to maximize installed equipment performance and operational efficiency. Its customer base includes semiconductor memory, foundry, and integrated device manufacturers (IDMs) that make DRAM, NAND, and logic devices for these products.

Lam Research Careers

Joining Lam Research offers a unique opportunity to enhance your career at a leading global company at the forefront of innovation and technology in the semiconductor industry. Work You’ll Do At Lam Research, we are committed to advancing the technology landscape through continuous innovation and leadership. Our team of professionals is dedicated to pushing the boundaries of what's possible, making us a pivotal player in the semiconductor industry. By joining our team, you will collaborate with some of the brightest minds in the field, contributing to projects that significantly impact future technology. Transform Your Career Lam Research stands at the intersection of technology, innovation, and leadership. We offer job opportunities that challenge you to excel and push your limits. Our culture fosters growth and embraces diversity, ensuring that every team member can thrive professionally and personally. Join our dynamic team and be part of a company known for its groundbreaking work in developing equipment and services that drive the production of virtually every leading-edge chip in the world. Professional Growth and Development We believe in nurturing the professional growth of our employees by providing ample opportunities for career advancement through leadership and diversity training programs. Our commitment to your career is reflected in our robust benefits package, designed to support you and your family’s health, well-being, and financial future. Internship and Employment Opportunities Start your career path at Lam Research with our internship programs, which offer a hands-on experience in the semiconductor industry. Interns work closely with experienced mentors, gaining invaluable skills and knowledge that prepare them for full-time positions within our company. For seasoned professionals, we offer a variety of positions that leverage your skills to contribute to our mission of continuous improvement and innovation. We are always looking for curious, creative, and driven individuals to join our team. Inclusive Culture and Networking Lam Research is dedicated to creating a diverse and inclusive environment where all employees can thrive. Our culture encourages networking and collaboration, allowing you to connect with colleagues and industry leaders who are as passionate about technology and innovation as you are. Applying at Lam Research Ready to take the next step in your career? Explore the job opportunities at Lam Research by visiting our Careers page. Tailor your resume to highlight your relevant experience and skills, and prepare for an interview that could lead to a multitude of rewarding career paths with us. Stay Connected Keep up to date with the latest company news, employment trends, and career tips by joining our community. Subscribe to receive updates that can help you navigate your professional journey at Lam Research. Join Our Team Search open positions that match your skills and interests. We look for passionate, innovative, and solution-driven team players. Start your journey with Lam Research today, where your work isn’t just a job—it’s a pathway to personal and professional fulfillment. SEARCH LAM RESEARCH JOBS Discover the opportunities waiting for you at Lam Research, where we turn today’s innovations into tomorrow’s technologies.
Learn more about Lam Research
Size
14,100 employees
Market Cap
$54.8 billion
Industry
Net Income
$2.9 billion
Founded
2013
5 Year Trend
+16.5%
Revenue
$11.9 billion
NASDAQ

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