Explore the critical requirements, core duties, primary responsibilities, and key skills that should be included in a comprehensive Stock Controller job description.
What does a Stock Controller do?
A stock controller is responsible for managing a company's inventory to meet its business needs. They work in industries such as retail, wholesale, and import/export, and their main duties include maintaining purchase and pricing reports, restocking inventory, and overseeing shipments and internal stock transfers.
Job Description
We are seeking a skilled stock controller to oversee our inventory. Your responsibilities will include analyzing supply chain data, placing orders, and keeping track of pricing and purchases. To excel in this role, you should have a strong understanding of inventory management and prior experience in a related field. A successful stock controller is someone who can maintain optimal stock levels.
Job Duties and Responsibilities
- Collaborating with warehouse staff, sales, and finance departments to manage stock control operations.
- Using supply chain data to ensure adequate stock levels at all times.
- Forecasting supply and demand to prevent overstocking and stock shortages.
- Evaluating vendor offers and negotiating competitive prices.
- Placing and receiving orders to restock inventory.
- Tracking shipments and coordinating internal stock transfers.
- Managing stock storage processes, such as labeling and organizing.
- Ensuring a smooth flow of stock from storage to where it is needed.
- Conducting regular inventory audits and staying within budget for stock purchases.
- Maintaining accurate records of daily shipments, purchases, and prices.
Requirements and Qualifications
- Bachelor's degree in logistics, business administration, or a related field preferred.
- At least two years of experience as a stock controller in a similar industry.
- Proficiency in inventory management software, such as Zoho Inventory and Katana.
- Thorough understanding of inventory management principles and best practices.
- Extensive experience in analyzing supply chain data.
- Strong analytical and problem-solving skills.
- Excellent negotiation, collaboration, and communication abilities.
- Exceptional organizational and time management skills.
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