Strategic Inventory Manager: Optimize Stock & Planning in Newcastle upon Tyne

Strategic Inventory Manager: Optimize Stock & Planning in Newcastle upon Tyne

Newcastle upon Tyne Full-Time 50000 - 65000 £ / year (est.) No working from home possible
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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: Collaborate with teams across the globe and enhance your professional skills.
  • Why this job: Shape inventory strategies and drive efficiency in a dynamic environment.
  • Qualifications: Bachelor's degree in supply chain or related field; 5-8 years of experience required.

The predicted salary is between 50000 - 65000 £ 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. 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.

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 one team leader and two warehouse operatives. This role will also oversee the inventory profile at our Indian site through support of local logistics team in India. The role will closely work with purchasing team in the UK and India to optimize 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, seasonality, market trends and regional‑specific demand, and qualitative inputs. 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. 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.
  • 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, and 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. Management 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

  • 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. 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.

Strategic Inventory Manager: Optimize Stock & Planning in Newcastle upon Tyne employer: Lawson Fuses

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, ensuring that team members can thrive in their roles. Located in the UK, Lawson Fuses benefits from being part of the diversified Lucy Group, which enhances its commitment to accelerated growth and market share expansion, making it an attractive place for those seeking meaningful and rewarding employment.

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Contact Details:

Lawson Fuses Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Strategic Inventory Manager: Optimize Stock & Planning in Newcastle upon Tyne

Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.

Tip Number 2

Prepare for interviews by researching the company inside out. Understand their inventory strategies and challenges, especially in the context of supply chain management. This will help us tailor our responses and show that we’re genuinely interested in the role.

Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. We want to come across as knowledgeable and enthusiastic about inventory optimisation and stock management.

Tip Number 4

Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping us top of mind. Plus, it shows our professionalism and appreciation for the opportunity to discuss the role.

We think you need these skills to ace Strategic Inventory Manager: Optimize Stock & Planning in Newcastle upon Tyne

Inventory Management
Stock Optimisation
Supply Chain Management
ERP Systems (Dynamics 365)
Data Analysis
Demand Forecasting
Quality Control

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Strategic Inventory Manager role. Highlight your experience in inventory optimisation and stock management, and don’t forget to mention any relevant qualifications or certifications that align with what we’re looking for.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about inventory management and how your skills can help us at Lawson Fuses. Be specific about your achievements and how they relate to the job description.

Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Mention any tools or systems you’ve used, like ERP or MRP systems, and how you’ve used data to drive decisions in past roles.

Apply Through Our Website:We encourage you to apply through our website for a smoother process. 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 team!

How to prepare for a job interview at Lawson Fuses

Know Your Inventory Inside Out

Before the interview, make sure you’re well-versed in inventory management principles, especially those relevant to Lawson Fuses. Brush up on concepts like inventory classification, stock-level policies, and replenishment strategies. Being able to discuss these topics confidently will show that you’re serious about 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 optimised inventory or improved stock turnover in previous roles. This will highlight your analytical mindset and your capability to make data-driven decisions.

Understand the Company’s Market

Research Lawson Fuses and its position in the fusegear market. Familiarise yourself with their products, target markets, and any recent developments. This knowledge will help you tailor your responses and show that you’re genuinely interested in contributing to their growth.

Prepare for Cross-Functional Scenarios

Since the role involves working closely with various teams, think of examples where you’ve successfully collaborated across departments. Be ready to discuss how you’ve influenced stakeholders in purchasing, sales, or finance to achieve inventory goals. This will demonstrate your teamwork and communication skills.