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: Degree in supply chain or related field; experience in inventory management 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 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.
This role will report to the General Manager of the business and focus on the following job dimensions:
- Inventory Classification and Segmentation
- Demand Understanding and Inventory Planning
- Inventory Optimisation and Stock Reduction
- 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 the 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 optimize the stock profile at both sites.
Key Accountabilities
- 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.
- Translate demand signals into effective inventory strategies, recognising that understanding demand is core to inventory optimisation.
- Lead initiatives to reduce excess, slow-moving and obsolete inventory, with clear, measurable outcomes.
- Own stock-level control policies ensuring right goods.
- Define and track clear warehouse inventory KPIs (stock accuracy, adjustments and ageing stock).
- Oversee incoming goods inspection and quality related stock controls.
- Produce regular reports to senior team highlighting inventory value and trends, stock reduction progress, and risk to availability or cost.
- Provide day-to-day support and management for warehouse operatives, ensuring clear priorities, safe working practices, and high standards of stock discipline.
Qualifications, Experience & Skills
- Bachelor’s degree in supply chain, Operations, Logistics, Engineering, Business, or a related discipline (or equivalent professional experience).
- Typically, 5–8 years’ experience in inventory, materials, or supply-chain management roles.
- Proven experience in inventory management and stock optimisation within a UK business environment.
- Strong capability in ERP/MRP systems (Dynamics 365 preferred) and advanced data analysis tools.
- Experience overseeing warehouse operations.
- Continuous improvement mindset (lean, KPIs, structured reviews).
Personal Attributes
- Commercially astute and outcome-driven.
- Confident influencing senior stakeholders.
- Analytical, structured, and detail oriented.
- Pragmatic, disciplined and improvement-focused.
Inventory Optimization Lead: Stock Turn & Cost Control in Newcastle upon Tyne employer: Lucy Group
Lawson Fuses Limited is an exceptional employer, offering a dynamic work environment in the heart of Newcastle Upon Tyne. With a strong focus on employee growth and development, we provide opportunities for professional advancement while fostering a culture of collaboration and innovation. Our commitment to quality and safety, combined with our global reach and support from the Lucy Group, ensures that you will be part of a forward-thinking team dedicated to making a meaningful impact in the fusegear market.
StudySmarter Expert Advice🤫
We think this is how you could land Inventory Optimization Lead: Stock Turn & Cost Control in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, or even reach out 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 strategies and be ready to discuss how your experience aligns with their goals. Show them you’re not just another candidate, but someone who truly gets what they do.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family. Focus on articulating your achievements in inventory management and how you've driven stock optimisation in past roles. Confidence is key when you're in front of potential employers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly. Let’s get you that Inventory Optimization Lead role!
We think you need these skills to ace Inventory Optimization Lead: Stock Turn & Cost Control in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Inventory Optimization Lead role. Highlight your experience in inventory management, stock reduction, and any relevant certifications. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've driven inventory optimisation in the past. Remember, we love a good story that showcases your achievements!
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to highlight your experience with ERP systems and data-driven decision-making. We’re looking for someone who can turn numbers into actionable insights!
Apply Through Our Website:Don’t forget to apply 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 team at Lawson Fuses!
How to prepare for a job interview at Lucy Group
✨Know Your Inventory Inside Out
Before the interview, dive deep into inventory management principles, especially those related to stock classification and optimisation. Familiarise yourself with terms like ABC analysis and replenishment logic, as these will likely come up in conversation.
✨Showcase Your Analytical Skills
Prepare to discuss how you've used data analysis tools in past roles to drive inventory decisions. Be ready to share specific examples of how your analytical approach led to improved stock turnover or reduced excess inventory.
✨Understand the Company’s Context
Research Lawson Fuses and their market position. Knowing about their products, manufacturing facilities, and recent developments will help you tailor your responses and demonstrate genuine interest in the role and the company.
✨Prepare for Cross-Functional Scenarios
Since this role involves working closely with sales, finance, and purchasing teams, think of examples where you've successfully collaborated across departments. Highlight your ability to influence stakeholders and drive inventory strategies that align with broader business goals.