Job Description
As our Inventory Controller, you will help to manage stock effectively, optimising availability to meet customer needs while adhering to working capital targets and maximising space and margin utilisation. Your responsibilities will include implementing efficient inventory practices, accurate forecasting, and replenishment, whilst monitoring levels to prevent stockouts. Additionally, you'll need to maintain data integrity, ensuring accurate inventory records. By supporting site activities, your efforts will contribute to overall sales and profit targets, enhancing operational efficiency and profitability.
Inventory Controller Key Duties
- Uphold and maintain high level of inventory management & coordination
- Accurately forecast and report inventory requirements to ensure optimal stock availability.
- Take responsibility for stock at allocated sites, including managing stock availability for customer service, working capital optimisation, and space utilisation.
- Manage aged stock and invoiced stock effectively, identifying opportunities to improve margin and reduce order quantities.
- Maintain a thorough understanding of purchased products, including pallet configurations and volume.
- Purchase standard and non-standard stock items, maintaining cost-effective stock levels appropriate to expected customer service levels.
- Manage the stock database of aged and invoiced stock in line with customer agreements, identifying areas for improvement and implementing necessary changes.
- Manage Goods In the delivery schedule and confirm Goods Received Notes (GRNs).
- Ensure effective cross-functional/department collaboration
- Develop strong relationships and communicate effectively with management, procurement, logistics, and sales teams to manage working capital, optimise space, improve margins, and meet customer needs.
- Use controls & measures to ensure optimal performance & improvements