Stock Manager job description
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What does a Stock Manager do?
The Stock Manager is responsible for overseeing inventory control and supply chain processes to ensure that stock levels meet the demands of the business. This role is pivotal in maintaining efficient warehouse operations and optimizing inventory strategies to align with company objectives.
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What are the Key Responsibilities of Stock Manager
- Monitor and manage stock levels and inventory control.
- Coordinate with suppliers to ensure timely delivery of goods.
- Develop and implement inventory management systems and procedures.
- Analyze inventory data to identify and solve potential supply issues.
- Conduct regular stock audits to ensure accuracy of inventory records.
- Manage warehouse team activities to ensure efficiency and safety.
- Forecast inventory needs and develop demand-planning strategies.
- Optimize storage space and ensure proper stock organization.
- Prepare reports on stock status, expenses, and stock movement trends.
- Collaborate with procurement teams to improve supply chain efficiency.
What are the Skills and Requirements for a Stock Manager?
- Strong analytical and problem-solving skills.
- Proficient in inventory management software and systems.
- Excellent organizational and time management abilities.
- Effective communication and leadership skills.
- Detail-oriented with strong data analysis capabilities.
What are the KPIs to track for Stock Manager?
The Stock Manager's performance is measured by effective stock level management, reduction in stock discrepancies, improved order fulfillment rates, and successful implementation of inventory optimization strategies.
Inventory Accuracy
Maintain high accuracy of stock counts and records.
Order Fulfillment
Ensure timely and accurate order processing and fulfillment.
Stock Turnover
Optimize stock turnover rates to reduce holding costs.
Reports to
Supply Chain Director
Collaborates with
Procurement and Sales Departments
Leads
Warehouse Staff
Are any specific tools or software required for the Stock Manager role?
- SAP Inventory Management
- Oracle SCM
- Microsoft Excel
- WMS (Warehouse Management System)
What is the qualification of Stock Manager?
Bachelor's degree in Business Administration, Supply Chain Management, or related field; with 3-5 years of experience in inventory or warehouse management.
