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Inventory Manager

Inventory Manager
Location: Wigan
Package: Basic Salary £25-£30,000 plus bonus/commission
& other excellent PLC company benefits  
Sector: Packaging distribution
 
 
The Company
We, the UK’s largest packaging distributor have created a brand-new role within our structure for an Inventory Manager to complement our procurement function based out of our Wigan site. We are a committed equal opportunities employer that champions ‘dignity in the workplace’. Our focus is to provide customers with fully integrated and innovative packaging solutions, augmented by outstanding customer service. Our procurement functionality is a vital part of our solution offering and we continually invest in the professional development of our team including CIPS accredited training.
 

The Inventory Manager Role
This is an exciting opportunity to join us in a newly created role whereby taking ownership of stock management for the Wigan regional distribution centre. The core focus will be to ensure appropriate stock availability in order to meet customer service levels, whilst fulfilling working capital expectations, effectively utilising space and achieving optimal margins. All of this will be undertaken whilst working as an integral member of our local procurement team, whereby supporting the site itself and upholding the company wide National procurement strategy.

 
Inventory Manager Key Duties  
Reporting to the Procurement Manager, the role will require the following activity…

  • Responsible for stock holdings and transfer at all allocated sites to include customer service (OTIF), working capital, space utilisation, aged stock & managing stock holding agreements. 
  • Develop strong relationships & communicate effectively with management, procurement, logistics and sales teams to manage working capital, optimise space, improve margins and ensure customer needs are met.
  • Manage and achieve stock KPI’s – stock days, Stock Availability OTIF, Invoice Query targets
  • Work in a constructive manner and promote co-operation between departments and RDCs across the group.
  • Identify areas for margin improvement or reducing inventory value &/or space and liaise with management to action accordingly.
  • Be aware of the profit implication of poor stock management, including redundant/damaged stock and incurring unnecessary costs e.g. outside carriage and manage appropriately
  • To 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, identify areas for improvement and liaise with management to implement
  • Accurate & timely forecasting & reporting skills
  • Manage Goods In delivery schedule & confirm GRN’s
  • Develop a full understanding of the total supply chain function
  • Ensure that the RDC purchasing transactions are carried out in the most efficient and cost-effective manner. 
  • Administer purchase orders and all other associated administration. 
  • Understand the products purchased – pallet configurations, volume etc

Do you have the correct profile?
This role requires someone to have a minimum of five years inventory management experience gained within a commercial environment. This should ideally be accompanied by experience of having managed many skus across a multi-site organisation. Furthermore, we would value experience of someone having worked with a variety of product groups and varied value, volume, density & supply chains. Naturally, all of this will be underpinned by strong analytical and communication skills, with a good understanding of core management principles and capable proficiency in MS Office products.
 
 
The Package
We provide a competitive basic starting salary along with a performance/profit linked bonus scheme and a flexible employee benefits scheme that includes: 25 days annual leave (rising up to 27 days with service plus all bank holidays), additional holiday purchasing scheme, contributory pension & employee discount scheme. Macfarlane Group is also dedicated to maximising every employee’s potential, by providing career development plans and pathways (including CIPS accredited courses) in an environment that fosters personal growth and continuous improvement.
 
Next Steps
This is an urgent appointment whereby we will be working to identify and review the very best of applicants swiftly in the hope of selecting our favoured candidate to commence with us ASAP. To make an application please simply click ‘apply’ ensuring that your CV is up to date and relevant. All applications will be acknowledged, shortlisted applicants normally hearing from us within a week or two. Unsuccessful applicants will also be notified at the end of our process, although if you haven’t heard from us within a fortnight of applying, please assume your application has been unsuccessful on this occasion.
 

NO RECRUITMENT AGENCIES PLEASE
 
 

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