Stock Controller job description
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What does a Stock Controller do?
The Stock Controller is essential in maintaining optimal inventory levels, ensuring the smooth operation of supply chain processes. This role contributes to company efficiency by managing stock accuracy and minimizing discrepancies, thus supporting overall business objectives.
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What are the Key Responsibilities of Stock Controller
- Monitor and maintain current inventory levels; process purchasing orders as required.
- Track shipments and address any delays or issues with suppliers.
- Conduct regular stock audits to ensure accuracy of records.
- Coordinate with warehouse staff for efficient stock management.
- Analyze inventory data to forecast future needs and prevent overstocking or shortages.
- Implement strategies for optimizing inventory control procedures.
What are the Skills and Requirements for a Stock Controller?
- Strong analytical skills for interpreting data related to inventory management.
- Proficiency in using inventory management software such as SAP or Oracle Inventory Management Systems.
- Excellent organizational skills with attention to detail.
- Effective communication skills for liaising with suppliers and internal teams.
What are the KPIs to track for Stock Controller?
The Stock Controller's performance is evaluated based on maintaining accurate stock records, reducing discrepancies between physical counts and system records, improving order fulfillment rates, and optimizing stock turnover ratios within set targets.
Inventory Accuracy
Maintain high accuracy between physical counts and system records.
Order Fulfillment
Improve order fulfillment rates by ensuring timely availability of products.
Stock Turnover
Optimize stock turnover ratios according to industry standards.
Reports to
Supply Chain Manager
Collaborates with
Warehouse Staff, Procurement Team
Leads
Are any specific tools or software required for the Stock Controller role?
- SAP Inventory Management System
- Oracle Inventory Management System
What is the qualification of Stock Controller?
Bachelor's degree in Supply Chain Management or a related field; 2-4 years experience in an inventory control role preferred.
