Inventory Manager in Newcastle upon Tyne

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. The role owns inventory classification, stock-level policies, and optimization rules with direct oversight of warehouse operations to ensure accuracy, control and execution. The role also provides light but effective quality control oversight, primarily focused on inbound materials, non-conformance and traceability.

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 accepted throughout the world. With manufacturing facilities based in UK and India, LFL’s global clientele is spread across several countries including the 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.

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. 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, and right timing. Improve and monitor stock turnover ratios, ensuring fast movers are supported while low-value stock is constrained.
• 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.
• Warehouse Oversight: Provide direct oversight of warehouse operations to ensure inventory accuracy, discipline and control. Define and track clear warehouse inventory KPIs (stock accuracy, adjustments and ageing stock).
• Quality Control: Oversee incoming goods inspection and quality related stock controls. Ensure quarantine, non-conformance and traceability processes are effective and auditable.
• 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, and risk to availability or cost.
• Team Management: Provide day-to-day support and management for warehouse operatives, ensuring clear priorities, safe working practices and high standards of stock discipline. Management workload allocation, training and development of warehouse team in line with inventory objectives.

Qualifications, Experience & Skills

• Qualifications: 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.
• Experience Level: Typically, 5–8 years’ experience in inventory, materials or supply-chain management roles. Demonstrated experience in inventory optimisation, stock reduction and working-capital improvement.
• 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.
• Desirable Experience: Experience overseeing warehouse operations. Exposure to quality control processes and supplier non-conformance handling.
• Personal Attributes: Commercially astute and outcome-driven. Confident influencing senior stakeholders. Analytical, structured and detail oriented.