Forecasting and Stock Manager
Forecasting and Stock Manager

Forecasting and Stock Manager

Liverpool Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead stock planning and forecasting for our dynamic Toys department.
  • Company: Join The Very Group, dedicated to helping families thrive with flexible payment options.
  • Benefits: Enjoy a supportive work culture with opportunities for growth and development.
  • Why this job: Be a key player in shaping stock strategies while mentoring a passionate team.
  • Qualifications: Strong analytical skills and experience in stock management are essential.
  • Other info: Inclusive employer offering reasonable adjustments for applicants with disabilities.

The predicted salary is between 36000 - 60000 £ per year.

About us.

We are The Very Group and we’re here to help families get more out of life. We know that our customers work hard for their families and have a lot to balance in their busy lives. That’s why we combine amazing brands and products with flexible payment options on Very.co.uk to help them say yes to the things they love. We’re just as passionate about helping our people get more out of life too; building careers with real growth, a sense of purpose, belonging and well-being.

About the team.

We are seeking a Forecasting & Stock Manager to join our exciting and dynamic Toys department based at our Speke Head Office. This role is essential for providing effective leadership, support, and guidance to our Forecasting and Stock Planners. You will leverage your expertise to enhance their skills and knowledge, serving as a single point of contact for the wider department and Senior Management Team regarding forecasting and stock health.

About the role.

As the Forecasting & Stock Manager, you will:

  • Own stock planning: Manage all aspects of stock planning within your assigned category, collaborating with the Senior Category Manager to develop and maintain a robust trade plan that aligns with budgeted KPIs.
  • Strategic oversight: Oversee forecasting and stock planning activities for the entire department, ensuring strategic direction and alignment with departmental goals.
  • Supplier relationships: Build and maintain strong relationships with key suppliers and senior managers, such as the Head of Supply Chain, to support long-term stock planning and strategy formulation.
  • Leadership and mentorship: Provide leadership and guidance to Forecasting and Stock Planners, sharing knowledge to foster their growth and development.
  • Single point of contact: Act as the voice for the entire department, providing regular updates on stock and forecasting health, and facilitating meetings with Forecasting and Stock Planners.

Key Responsibilities:

  • Support the Senior Category Manager with ownership of the P&L for the aligned category.
  • Provide strategic guidance and insights to department Forecasting and Stock Planners on stock planning processes, methodologies, and best practices.
  • Develop and maintain strong relationships with key suppliers, acting as an escalation point for brands.
  • Serve as a single point of contact for senior leaders, providing regular updates on department stock and forecasting health.
  • Demonstrate leadership skills and experience in guiding and leading a team.
  • Provide mentorship, support, and direction to others, fostering their growth and development.

About you.

We know our expectations are high, as are our ambitions as a business. We understand that one candidate may not have all the experience listed below.

Skills and Experience:

  • Strong commercial acumen with a demonstrated analytical capability.
  • Expert knowledge and experience in stock and sales management.
  • Deep understanding of retail merchandising principles, including product assortment planning, inventory management, pricing strategies, and promotional activities.
  • Ability to prepare and present reports and insights to senior management, providing recommendations based on data-driven analysis.
  • Strategic thinking and the ability to develop long-term plans and strategies for the forecasting and stock planning function.
  • Strong problem-solving skills and the ability to make data-driven decisions.
  • Excellent communication and negotiation skills to collaborate effectively with suppliers, vendors, and internal stakeholders.
  • Demonstrated leadership skills and experience in guiding a team.
  • Ability to provide mentorship, support, and direction to team members, fostering their growth and development.

The ideal candidate will be ambitious, driven, and proactive, capable of leading business change and driving benefits through adoption and a culture of continuous improvement. Strong numerical, analytical, and communication skills are essential. Experience in merchandising, stock planning, statistics, or other commercial roles is a great platform for anyone interested in applying.

How to apply

Please note that the talent acquisition team are managing this vacancy directly, and if successful in securing this role, you will be required to undertake a credit, CIFAS, Right to Work checks and if a specific requirement of your role a DBS (criminal records) check. Should your application progress we require you to let the team know if there is anything you need to disclose in relation to any of these checks prior to them being undertaken, including any unspent criminal convictions.

What happens next?

Our talent acquisition team will be in touch if you’re successful so keep an eye on your emails! We’ll arrange a short call to learn more about you, as well as answer any questions you have. If it feels like we’re a good match, we’ll share your CV with the hiring manager to review. Our interview process is tailored to each role and can be in-person or held remotely.

You can expect a two-stage interview process for this position:

1st stage– An informal 30-45 minute video call with the hiring team to discuss your skills and relevant experience. This is a great opportunity to find out more about the role and to ask any questions you may have.

2nd Stage– A one-hour formal interview where you can expect both competency and technical questions.

As an inclusive employer please do let us know if you require any reasonable adjustments.

If you’d like to know more about our interviews, you can find out here.

Equal opportunities

We’re an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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Forecasting and Stock Manager employer: The Very Group

At The Very Group, we are dedicated to fostering a vibrant work culture that prioritises employee well-being and growth. As a Forecasting and Stock Manager in our dynamic Toys department at the Speke Head Office, you will benefit from a supportive environment that encourages professional development, collaboration with key suppliers, and the opportunity to lead a talented team. We offer flexible working options and a commitment to diversity, ensuring that every employee feels valued and empowered to thrive.
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Contact Detail:

The Very Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Forecasting and Stock Manager

✨Tip Number 1

Familiarise yourself with The Very Group's values and mission. Understanding how they aim to help families get more out of life will allow you to align your answers during the interview with their core principles, showcasing that you're a good cultural fit.

✨Tip Number 2

Prepare specific examples from your past experience that demonstrate your leadership and mentorship skills. Since the role involves guiding a team, having concrete instances where you've successfully led or developed others will make you stand out.

✨Tip Number 3

Research current trends in stock management and forecasting within the retail sector. Being able to discuss recent developments or challenges in the industry during your interview will show your proactive approach and deep understanding of the field.

✨Tip Number 4

Build a network with professionals in stock planning and retail merchandising. Engaging with industry peers can provide insights and tips that could be beneficial during your interview, as well as potentially offering you a referral to the position.

We think you need these skills to ace Forecasting and Stock Manager

Strong Commercial Acumen
Analytical Capability
Expert Knowledge in Stock Management
Sales Management Experience
Retail Merchandising Principles
Product Assortment Planning
Inventory Management
Pricing Strategies
Promotional Activities
Data-Driven Decision Making
Strategic Thinking
Long-Term Planning
Excellent Communication Skills
Negotiation Skills
Leadership Skills
Team Mentorship
Problem-Solving Skills
Report Preparation and Presentation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in stock management, forecasting, and leadership. Use specific examples that demonstrate your analytical skills and commercial acumen, as these are key for the role.

Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Mention how your skills align with their needs, particularly in stock planning and supplier relationship management. Show enthusiasm for contributing to their mission of helping families.

Highlight Leadership Experience: Since the role involves mentoring and leading a team, be sure to include any past leadership experiences. Discuss how you have successfully guided teams and contributed to their professional growth.

Prepare for Interviews: Anticipate both competency and technical questions related to stock management and forecasting. Be ready to discuss your problem-solving approach and provide data-driven insights from your previous roles.

How to prepare for a job interview at The Very Group

✨Understand the Role

Before your interview, make sure you thoroughly understand the responsibilities of a Forecasting and Stock Manager. Familiarise yourself with stock planning, forecasting methodologies, and how they align with departmental goals. This will help you articulate your relevant experience effectively.

✨Showcase Your Analytical Skills

Given the emphasis on data-driven decision-making in this role, be prepared to discuss your analytical capabilities. Bring examples of how you've used data to inform stock management or forecasting strategies in previous roles.

✨Demonstrate Leadership Experience

As this position involves mentoring and guiding a team, be ready to share specific instances where you've successfully led a team or project. Highlight your leadership style and how it has positively impacted your colleagues' growth.

✨Prepare Questions for Them

Interviews are a two-way street. Prepare insightful questions about the company's approach to stock management and how the team collaborates with suppliers. This shows your genuine interest in the role and helps you assess if it's the right fit for you.

Forecasting and Stock Manager
The Very Group

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