At a Glance
- Tasks: Manage inventory supply and optimise product availability for business growth.
- Company: Dynamic company in Coventry offering hybrid working and flexible hours.
- Benefits: Competitive salary, pension, critical illness cover, and death in service benefits.
- Why this job: Join a vital role in supply chain management and make a real impact.
- Qualifications: Degree level education and 3 years of experience in supply chain or inventory management.
- Other info: Opportunity for continuous improvement and career development in a supportive environment.
The predicted salary is between 30000 - 40000 £ per year.
Salary: c£35,000 - £40,000 per annum
(Hybrid working ā 3 days onsite and 2 remote)
Flexible hours of work ā 35 hour working week ā Monday to Friday
Excellent company benefits ā Pension, Critical Illness, Death in Service
The Inventory Specialist is responsible for managing the inbound supply of inventory and overseeing inventory control across all product lines. The role focuses on optimising supply, maximising product availability, managing variable expiry dates, and minimising short-dated stock to ensure continuity of supply and strengthen supply resilience in support of business growth.
The Supply Chain Specialist supports purchasing, demand planning, and inventory management activities through accurate processing, effective coordination, and robust stock analysis within a regulated environment. A key accountability of the role is the accurate and timely presentation of data through dashboards and management reports, enabling informed and effective business decision-making.
The role also plays a critical part in maintaining the integrity and alignment of internal inventory systems with those of logistics partners, while working closely with sales teams to ensure demand forecasts remain current and accurate.
- Purchasing & Order Management
- Raise purchase orders based on agreed demand plans and replenishment requirements
- Track and maintain open purchase orders, confirmations, and delivery dates
- Follow up with Global Supply Chain on order status, delays, and changes
- Maintain purchasing trackers and documentation to support visibility and control
- Demand Planning Support
- Support demand planning activities by maintaining production and demand forecasts, assumptions, and planning files in collaboration with Sales and Global Supply Chain
- Prepare data for demand reviews and supply planning discussions
- Track forecast vs actual consumption and highlight variances
- Provide regular forecast updates and participate in monthly demand and supply reviews
- Stock Management & Analytics
- Monitor inventory levels and highlight risks relating to low stock, excess, or expiry
- Maintain stock reports, dashboards, and inventory trackers
- Support stock reconciliations, cycle counts, and data accuracy checks
- Assist in identifying opportunities to improve stock efficiency and reduce write-offs
- Supplier & Logistics Coordination
- Act as an operational point of contact for Global Supply Chain on routine supply matters
- Support coordination of inbound deliveries and shipment tracking
- Escalate supply risks or constraints to the Inventory Manager in a timely manner
- Compliance & Documentation Support
- Support documentation related to purchasing, stock movements, and supply activities
- Ensure accurate record-keeping suitable for audit and compliance purposes
- Drive continuous improvement initiatives to enhance supply chain performance
- Provide ad-hoc operational support and analysis as required
Skills Required
- Educated to Degree level or equivalent
- Minimum of 3 years of experience within Supply Chain, Inventory Management
- 3PL/4PL skills
- Advanced MS Office skills ā Excel, ERP Systems
- Preference given to those with Power BI
- Excellent communication and negotiation skills
- Highly organised with a strong attention to detail
- Problem solver, ability to work under pressure
Inventory Planner in Coventry employer: ROSE & YOUNG RECRUITMENT LTD
Contact Detail:
ROSE & YOUNG RECRUITMENT LTD Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Inventory Planner in Coventry
āØTip 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.
āØTip Number 2
Prepare for interviews by researching the company and role thoroughly. Understand their supply chain processes and be ready to discuss how your skills can optimise inventory management. We want to see you shine!
āØTip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your answers. Focus on showcasing your problem-solving skills and attention to detail, which are key for an Inventory Planner.
āØTip Number 4
Donāt forget to apply through our website! Itās the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Inventory Planner in Coventry
Some tips for your application š«”
Tailor Your CV: Make sure your CV is tailored to the Inventory Planner role. Highlight your experience in supply chain and inventory management, and donāt forget to mention any relevant skills like advanced Excel or Power BI. We want to see how you can bring value to our team!
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 background aligns with our needs. Keep it concise but engaging ā we love a good story that showcases your skills.
Showcase Your Analytical Skills: Since the role involves a lot of data analysis, make sure to highlight any experience you have with stock reports, dashboards, or inventory trackers. Weāre looking for someone who can turn data into actionable insights, so donāt hold back!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. Itās the best way for us to receive your application and ensures you donāt miss out on any important updates. We canāt wait to hear from you!
How to prepare for a job interview at ROSE & YOUNG RECRUITMENT LTD
āØKnow Your Inventory Inside Out
Before the interview, make sure you brush up on your knowledge of inventory management principles. Understand key concepts like stock levels, demand forecasting, and supply chain dynamics. Being able to discuss these topics confidently will show that you're serious about the role.
āØShowcase Your Analytical Skills
Since the role involves a lot of data analysis, be prepared to discuss your experience with tools like Excel and Power BI. Bring examples of how you've used data to drive decisions in previous roles. This will demonstrate your ability to handle the analytical aspects of the job.
āØPrepare for Scenario Questions
Expect questions that ask how you would handle specific inventory challenges, such as managing short-dated stock or coordinating with suppliers. Think through some scenarios beforehand and prepare your responses. This will help you articulate your problem-solving skills effectively.
āØHighlight Your Communication Skills
As an Inventory Planner, you'll need to liaise with various teams. Be ready to discuss how you've successfully communicated with sales, logistics, and other departments in the past. Providing concrete examples will illustrate your ability to collaborate and keep everyone on the same page.