Stock Controller

icon building Company : Loquet London
icon briefcase Job Type : Full Time

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Job Description - Stock Controller

Position Title: Inventory ManagerReports to: Merchandiser and Operations DirectorPosition PurposeResponsible for day-to-day management of stock movements and systems, providing vital analytical insight and trend analysis to support the stock management/production process and efficient flow of goods. This includes reporting and continuous improvement.Principal Accountabilities Stock Operations-       Schedule, conduct and resolve stock audits through quarterly stock-takes across all locations and rolling checks across min. 5 lines per week including sku’s with highest value and top movers-       Calling out discrepancy checks, keeping Department Heads informed of results and outstanding issues.-       Maintenance and review of “never out of stock” list-       Accountable for shipping online sales within agreed parameters and raising issues where needed with the Customer Care team-       Daily reviews of open sales for all branches across Global E and Cin7-       Work with production team to QC deliveries where needed on and RTV failed product-       Support Merchandising with SKU creation where needed for new products and overall maintenance through to deactivation-       Accountable for ensuring all new products are hallmarked appropriately through the Assay process-       Collation, tracking and write off/repair of faulty items-       Stock loan turn around within agreed parameters; completion of branch transfers as required-       Optimise stockroom storage and ensure security procedures are followed at all times to prevent theft/stock loss-       Monitoring of packaging stock levels-       Manage deliveries to store to meet relevant stock level targets where possible-       Management of all inbound and outbound stock movements-       Management of all production samples and recordsReporting and InsightsInventory data pulling and interpretation in order to:-       Monday OOS vs low stock report for review with merchandiser and production team-       Sales report from previous week in store for replenishment run-       Daily resolution of the Sales Made Without Stock report-       Optimise SOH by liaising with internal team on product in mailers and social content-       Support strategic decisions on product developmentSystems -       Ensure all in-store staff members, including themselves, are totally conversant with Cin7/Global E/Shopify functionalities-       Ensure all administrative documents are kept up to date and filed correctly-       Creation and monitoring of in-store product bible complete with barcodes-       Regularly review procedures for improvements in efficiency and working practices, and to ensure that any recommendations are measured and implemented.-       Develop and maintain relationships with production partners and all relevant support functions.KPI-       95-99% stock accuracy-       Sales and profitability – sales vs budget contribution of role to reaching target-       Reduction of missed sale opportunities due to low stock-       Accurate management of stock across multiple locations-       Stock check evaluation – pivot results and compare levels up and down-       Integrity vs loss 0 under 1% of the value of total stock holding-       Daily communication around stock allocations and potential pit fallsSalary £30-35k depending on experience.Experience in shipping in logistics preferred.
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