We are seeking a meticulous and experienced Inventory Manager to oversee and optimise our stock control processes. The ideal candidate will have a strong analytical mind, excellent organisational skills, and a proven track record in inventory management. If you are passionate about efficiency and accuracy, we encourage you to apply.
Inventory Manager Job Profile
As an Inventory Manager, you will be responsible for planning and implementing inventory management strategies, ensuring accurate stock levels, and minimising losses. Your role is crucial in maintaining a smooth supply chain and supporting the overall efficiency of our operations.
This position requires a proactive individual who can identify and address potential issues before they impact the business. You will collaborate with various departments to forecast demand, manage stock movements, and ensure compliance with company policies and procedures.
Inventory Manager Job Description
The Inventory Manager is a critical role within the organisation, responsible for the efficient management of all inventory-related activities. This includes overseeing stock control, managing inventory levels, and ensuring the accuracy of inventory records. The successful candidate will play a key role in optimising our supply chain and reducing costs.
You will be expected to develop and implement inventory management strategies, analyse data to identify trends and opportunities for improvement, and collaborate with other departments to ensure smooth operations. This role demands a high level of attention to detail, strong analytical skills, and the ability to work effectively under pressure.
Inventory Manager Duties and Responsibilities
- Develop and implement inventory management strategies and procedures.
- Monitor stock levels and identify potential shortages or overstocks.
- Conduct regular inventory audits and reconcile discrepancies.
- Analyse inventory data to identify trends and opportunities for improvement.
- Forecast demand and plan stock replenishment accordingly.
- Manage relationships with suppliers and negotiate favourable terms.
- Oversee the receipt, storage, and dispatch of goods.
- Ensure accurate record-keeping of all inventory transactions.
- Implement and maintain inventory control systems.
- Identify and address any issues related to inventory management.
- Collaborate with other departments to ensure smooth operations.
- Prepare and present reports on inventory levels and performance.
- Ensure compliance with company policies and procedures.
- Manage and train inventory staff.
- Minimise inventory losses and waste.
Inventory Manager Requirements and Qualifications
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- Proven experience (5+ years) in inventory management.
- Strong knowledge of inventory control systems and procedures.
- Excellent analytical and problem-solving skills.
- Proficiency in using inventory management software (e.g., SAP, Oracle).
- Strong communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Excellent organisational and time management skills.
- Attention to detail and accuracy.
- Knowledge of supply chain management principles.
- Experience in forecasting demand and planning stock replenishment.
- Ability to work under pressure and meet deadlines.
- Strong negotiation skills.
- Demonstrated leadership abilities.
- Relevant certifications (e.g., CPIM, CSCP) are a plus.
