At a Glance
- Tasks: Lead inventory control and stock management for a fast-growing FMCG company.
- Company: Econofoods, a vibrant and customer-focused frozen foods retailer.
- Benefits: Competitive salary, supportive culture, and opportunities for growth.
- Other info: Embrace a culture of recognition and continuous improvement.
- Why this job: Join a dynamic team and make a real impact on stock management.
- Qualifications: Experience in inventory management and strong leadership skills.
The predicted salary is between 30000 - 40000 £ per year.
Econofoods is a fast-growing FMCG Retail company specializing in frozen foods. Dedicated to delivering high-quality products at unbeatable prices, we prioritize customer satisfaction every single day. Our commitment to excellence, simplicity and our vibrant colourful people working at Econofoods sets us apart in the industry. Central to our identity is our unique HO HOLA Culture, characterized by appreciation and recognition. We celebrate the contribution of every individual and foster a supportive environment where everyone can thrive. We are currently seeking a dynamic individual to join our team and contribute to our ongoing success. If you are passionate about delivering exceptional customer service, collaborating with a diverse team, and embracing continuous learning and growth, Econofoods could be the perfect fit for you. Join us in our mission to provide quality products, value, and service to our customers, every single day.
Purpose of the role
The purpose of the Stock Manager role is to lead and oversee all aspects of inventory control and stock management at an operational level. This includes the implementation of policies and procedures that ensure stock accuracy, availability, and optimal flow throughout the supply chain. The Stock Manager plays a key role in aligning inventory processes with business goals, minimizing stock variances, managing dead and slow-moving stock, and reducing stock-related costs. This role is also responsible for building and leading a high-performing stock team, fostering a culture of accountability, efficiency, and continuous improvement.
Key responsibilities
- Inventory Management: Implement inventory control strategies that align with organizational objectives. Analyze stock levels and turnover rates, making data-driven recommendations to optimize inventory availability and minimize stockouts or overstock situations. Ensure an accurate stock file is maintained to support on-time-and-in-full delivery of orders, and accurate stock replenishment by Procurement. Drive on-time invoice corrections in support of excellent customer service. Support with insightful reporting.
- Stock Accuracy and Reconciliation: Ensure accurate and timely reconciliation of stock movements to and from multiple locations, including warehouses, retail locations, and distribution centers. Lead efforts to identify and resolve stock discrepancies, investigating root causes, implementing corrective actions, and maintaining inventory integrity. Report non-compliance by other departments and drive corrective action. Collaborate with other departments to ensure accurate invoicing, goods receipt and issues, transfers and reporting.
- Dead and Slow-Moving Stock Management: Identify, manage, and minimize aged, dead or slow-moving stock. Collaborate with relevant departments to determine appropriate actions, such as discounting, repurposing, or disposal of obsolete stock.
- Operational Excellence in Stock Management: Oversee regular stock counts and audits, ensuring compliance with established procedures. Implement best practices for inventory handling, including security and camera protocols and use of monitoring systems. Reconcile Chep pallet transactions to ensure accurate tracking and reporting. Adhere to visual performance management standards and update graphs and reports accordingly.
- Team Leadership and Development: Build, mentor, and lead a high-performing stock management team, fostering a culture of collaboration, accountability, and continuous learning. Conduct regular performance reviews, provide ongoing training, and develop succession plans for key positions. Conduct daily team meetings. Promote adherence to safety and compliance standards, ensuring a safe and effective work environment.
- System and Process Improvement: Drive continuous improvement initiatives in stock management processes, using data analysis to identify bottlenecks, inefficiencies, and areas for enhancement. Collaborate with cross-functional teams to ensure alignment on inventory practices and support business-wide improvements.
- Reporting and Analysis: Prepare and present regular reports on stock performance, key metrics, and KPIs to senior management.
STOCK MANAGER employer: Econofoods
Econofoods is an exceptional employer that champions a vibrant and supportive work culture, where every team member is celebrated for their contributions. With a strong focus on employee growth and development, we offer continuous learning opportunities and a collaborative environment that empowers our staff to excel in their roles. Located in a dynamic FMCG retail setting, our commitment to excellence and customer satisfaction makes Econofoods a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land STOCK MANAGER
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with current Econofoods employees on LinkedIn. A friendly chat can sometimes lead to job opportunities that aren't even advertised!
✨Tip Number 2
Show off your skills! Prepare a portfolio or a presentation that highlights your experience in stock management and inventory control. Bring it along to interviews to demonstrate how you can contribute to Econofoods' mission.
✨Tip Number 3
Be proactive! If you see a job opening at Econofoods, don’t just apply through the website—follow up with a quick email to express your enthusiasm. It shows initiative and can help you stand out from the crowd.
✨Tip Number 4
Prepare for the interview by researching Econofoods' HO HOLA Culture. Think about how your values align with theirs and be ready to share examples of how you've fostered teamwork and accountability in previous roles.
We think you need these skills to ace STOCK MANAGER
Some tips for your application 🫡
Show Your Passion:When writing your application, let your enthusiasm for the Stock Manager role shine through. We want to see how much you care about delivering exceptional customer service and working with a diverse team. Make it personal and relatable!
Tailor Your CV:Don’t just send out the same CV for every job! Take the time to tailor your CV to highlight your experience in inventory management and stock control. We love seeing how your skills align with our unique HO HOLA Culture and operational goals.
Be Clear and Concise:Keep your application clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, so don’t be afraid to show us your organisational skills right from the start!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our vibrant Econofoods family!
How to prepare for a job interview at Econofoods
✨Know Your Stock Management Basics
Before the interview, brush up on your inventory control strategies and stock management principles. Econofoods is looking for someone who can implement effective policies, so be ready to discuss how you've optimised stock levels in previous roles.
✨Show Your Analytical Skills
Prepare to talk about your experience with data analysis. Econofoods values data-driven recommendations, so think of specific examples where you’ve used stock turnover rates or inventory metrics to make informed decisions.
✨Emphasise Team Leadership
Since the role involves building and leading a high-performing team, be ready to share your leadership style. Discuss how you’ve mentored team members and fostered a culture of accountability and continuous improvement in past positions.
✨Align with Their Culture
Familiarise yourself with Econofoods' HO HOLA Culture. Be prepared to explain how you appreciate recognition and collaboration, and how you can contribute to their vibrant environment. Showing that you align with their values will set you apart!
