Inventory Manager in Newcastle upon Tyne

Inventory Manager in Newcastle upon Tyne

Newcastle upon Tyne Full-Time 45000 - 55000 £ / year (est.) No working from home possible
Lawson Fuses Limited (@Lucy Group)

At a Glance

  • Tasks: Lead inventory optimisation and oversee warehouse operations for a global brand.
  • Company: Join Lawson Fuses, a trusted name in the fusegear market since 1938.
  • Benefits: Competitive salary, career growth, and a chance to make an impact.
  • Other info: Collaborative team culture with opportunities for professional development.
  • Why this job: Shape inventory strategies and drive efficiency in a dynamic environment.
  • Qualifications: 5-8 years in inventory management and strong ERP skills required.

The predicted salary is between 45000 - 55000 £ per year.

Lawson Fuses is seeking an experienced Inventory Manager to lead and drive inventory optimization across sites and oversee the warehouse operation at the UK facility. The inventory manager will be accountable for the end‑to‑end inventory strategy, ensuring optimal stock availability at the lowest possible working‑capital cost. Reporting directly to the General Manager, the role plays a critical part in reducing overall stock levels, improving inventory turns, and strengthening planning discipline across the supply chain.

Incorporated in 1938, Lawson Fuses Limited (LFL) is an established British and global brand that operates in the fusegear market with a focus on design, development and manufacture of low voltage High Rupture Capacity (HRC) fuse-links and associated fuse holders. LFL’s products are ASTA certified and comply with IEC/BS/ENA standards and are accepted throughout the world. With manufacturing facilities based in UK and India, LFL’s global clientele is spread across several countries including UK, Middle East, Africa, India, Malaysia, Australia, South Korea and Hong Kong. With ISO 17025 ASTA certified R&D lab and ASTA certified manufacturing plants, LFL is keen on safety, quality and speed of product delivery. From 2018, LFL is part of Lucy Group which is a diversified international group headquartered in Oxford, UK and operates in multiple sectors including Power Distribution, Smart Lighting, Fusegear and Real Estate. Lawson Fuses, under the banner of Lucy Group, is focusing on accelerated growth of its product line and subsequently the share of the market.

Job Dimensions

  • Inventory Classification and Segmentation
  • Demand Understanding and Inventory Planning
  • Inventory Optimisation and Stock Reduction
  • Replenishment & ERP control
  • Warehouse Oversight (Enabler Role)
  • Quality Control (Inventory Centric)
  • Governance, Reporting and Cross Functional Working
  • Team Management

Currently, the warehouse team in the UK consists of 1 team leader and 2 warehouse operatives. This role will also oversee inventory profile at our Indian site through support of the local logistics team in India. The role will closely work with the purchasing team in the UK and India to optimise stock profile at both sites.

Key Accountabilities

  • Inventory Classification and Segmentation – Design, maintain and continuously improve inventory classification frameworks (ABC, RRS, Star Products). Segment SKUs based on demand behaviour, inventory turnover, value contribution and profitability. Ensure warehouse stock is aligned to the value it brings to the business, not just historical holdings. Work with ERP (e.g., Dynamics 365) to enhance multi‑dimensional item categorisation and reporting. Partner with sales and finance to ensure inventory policies reflect real demand and commercial reality.
  • Demand Understanding & Inventory Planning – Translate demand signals into effective inventory strategies, recognising that understanding demand is core to inventory optimisation. Planning beyond simple historical averaging; incorporate: Product lifecycle position (introduction, growth, maturity, decline), Seasonality (UK storms, international weather impact), Market trends and regional‑specific demand, Qualitative inputs (sales promotions, competitor activity, market events). Use demand insights to set realistic inventory coverage, safety stock and replenishment policies.
  • Inventory Optimisation and Stock Reduction – Lead initiatives to reduce excess, slow‑moving and obsolete inventory, with clear, measurable outcomes. Own stock‑level control policies ensuring: Right goods, Right quantities, Right timing. Define differentiated service levels, safety stock rules and reorder parameters by SKU category. Balance service level targets with working capital, reducing over‑servicing of low‑demand items. Improve and monitor stock turnover ratios, ensuring fast movers are supported while low‑value stock is constrained. Lead regular inventory reviews with clear actions, owners and timelines.
  • Replenishment & ERP Control – Ensure ERP‑driven replenishment logic is intelligent, realistic and aligned with demand planning. Refine reorder points, reorder dates, MOQs and lead times to avoid system‑driven overstocking. Complement system triggers with forecast intelligence and supplier constraints. Apply safety stock principles selectively – focused on fast‑moving and supply‑risk items only.
  • Warehouse Oversight (Enabler Role) – Provide direct oversight of warehouse operations to ensure inventory accuracy, discipline and control. Ensure robust processes for: Goods receipt and system posting accuracy, Put‑away, location control and traceability, Picking, dispatch and cycle counting. Define and track clear warehouse inventory KPIs (stock accuracy, adjustments and ageing stock). Support warehouse layout optimisation and stock positioning aligned to demand patterns. Ensure warehouse practices support inventory optimisation and not excess holding. The Inventory Manager is not a pure warehouse operations role but owns warehouse execution as a critical control mechanism for inventory performance.
  • Quality Control (Inventory‑Centric) – Oversee incoming goods inspection and quality‑related stock controls. Ensure quarantine, non‑conformance and traceability processes are effective and auditable. Work with suppliers and internal stakeholders to resolve quality issues impacting stock availability and accuracy. Support internal and external audits from inventory perspective where required.
  • Governance, Reporting & Cross‑Functional Working – Clearly define and operate within agreed RACI frameworks across: Demand forecasting, Warehouse classification, Stock‑level control policies, Service level targets, Replacement and safety stock policies. Produce regular reports to senior team highlighting: Inventory value and trends, Stock reduction progress, Risk to availability or cost. Act as a central point of accountability for inventory discipline across sales, purchasing, warehouse and finance.
  • Team Management – Provide day‑to‑day support and management for warehouse operatives, ensuring clear priorities, safe working practices and high standards of stock discipline. Manage workload allocation, training and development of warehouse team in line with inventory objectives. Work closely with purchasing, providing clear inventory‑driven guidance on order quantities, timing and supplier performance. Ensure purchasing activities align with approved inventory classifications, stock‑level policies and demand forecasts.

Qualifications, Experience & Skills

  • Bachelor’s degree in supply chain, Operations, Logistics, Engineering, Business, or a related discipline (or equivalent professional experience).
  • Professional certifications such as APICS (CPIM/CSCP), CIPS or Lean / Continuous Improvement are desirable.
  • Typically, 5–8 years’ experience in inventory, materials or supply‑chain management roles.
  • Demonstrated experience in inventory optimisation, stock reduction and working‑capital improvement.
  • 2–3 years’ experience leading small operational teams and influencing cross‑functional stakeholders (warehouse and purchasing).

Essential Experience

  • Proven experience in inventory management and stock optimisation within a UK business environment.
  • Strong understanding of inventory classification, replenishment logic and working capital management.
  • Strong capability in ERP/MRP systems (Dynamics 365 preferred) and advanced data analysis tools.
  • Ability to translate data into clear, commercial decisions.
  • Experience working cross‑functionally with sales, finance, procurement and operations.

Desirable Experience

  • Experience overseeing warehouse operations.
  • Exposure to quality control processes and supplier non‑conformance handling.
  • Background in manufacturing, utilities, engineering or technical distribution.
  • Continuous improvement mindset (lean, KPIs, structured reviews).

Personal Attributes

  • Commercially astute and outcome‑driven.
  • Confident influencing senior stakeholders.
  • Analytical, structured and detail oriented.
  • Comfortable challenging legacy stock practices.
  • Pragmatic, disciplined and improvement‑focused.

Inventory Manager in Newcastle upon Tyne employer: Lawson Fuses Limited (@Lucy Group)

Lawson Fuses Limited is an exceptional employer, offering a dynamic work environment that prioritises safety, quality, and innovation in the fusegear market. With a strong focus on employee growth, the company provides opportunities for professional development and cross-functional collaboration, all while being part of the diversified Lucy Group. Located in the UK, Lawson Fuses fosters a culture of teamwork and accountability, ensuring that employees are empowered to drive inventory optimisation and contribute to the company's accelerated growth.

Lawson Fuses Limited (@Lucy Group)

Contact Details:

Lawson Fuses Limited (@Lucy Group) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Inventory Manager in Newcastle upon Tyne

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their inventory management practices and be ready to discuss how your experience aligns with their needs. Show them you're not just another candidate!

Tip Number 3

Practice your pitch! Be clear about your achievements in inventory optimisation and stock reduction. Use specific examples that demonstrate your impact in previous roles to make a lasting impression.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace Inventory Manager in Newcastle upon Tyne

Inventory Optimisation
Stock Reduction
Demand Planning
ERP Systems (Dynamics 365)
Data Analysis
Quality Control
Team Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Inventory Manager role. Highlight your experience in inventory optimisation and stock reduction, and don’t forget to mention any relevant certifications or software skills, especially with ERP systems like Dynamics 365.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Share specific examples of how you've successfully managed inventory in the past and how you can bring that expertise to Lawson Fuses.

Showcase Your Analytical Skills:Since this role requires strong analytical capabilities, make sure to include examples of how you've used data to drive decisions in inventory management. This could be anything from improving stock turnover ratios to implementing new replenishment strategies.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status!

How to prepare for a job interview at Lawson Fuses Limited (@Lucy Group)

Know Your Inventory Inside Out

Before the interview, make sure you’re well-versed in inventory management principles. Brush up on concepts like inventory classification, stock optimisation, and replenishment logic. Being able to discuss these topics confidently will show that you understand the core responsibilities of the role.

Showcase Your Analytical Skills

Prepare to demonstrate your ability to analyse data and translate it into actionable insights. Bring examples of how you've used data analysis tools, like ERP systems, to improve inventory processes. This will highlight your analytical mindset, which is crucial for the Inventory Manager position.

Understand the Company’s Market Position

Research Lawson Fuses and its market environment. Familiarise yourself with their products, competitors, and industry trends. This knowledge will help you tailor your responses and show that you’re genuinely interested in contributing to their growth and success.

Prepare for Cross-Functional Scenarios

Since the role involves working closely with various teams, be ready to discuss how you’ve successfully collaborated with sales, finance, and purchasing in the past. Prepare specific examples that illustrate your ability to influence stakeholders and drive inventory strategies across departments.