Inventory Optimization Manager

4 days ago


London, Greater London, United Kingdom Picture This Moving Image Limited Full time
Job Title: Inventory Optimization Manager

Estimated Salary: £60,000 - £80,000 per annum

About the Role:

We are seeking a highly analytical and detail-oriented Inventory Optimization Manager to join our team in Manchester or London. The successful candidate will be responsible for executing inventory strategies to optimize sales, turns, and inventory health.

Key Responsibilities:
  1. Maintain excellent in-stock rates for owned categories and regions;
  2. Execute inventory strategies to optimize sales, turns, and inventory health;
  3. Monitor, analyze, and own key performance indicators such as in-stock rate, procurement lead time (PLT), fill rate, forecast accuracy, and turns;
  4. Forecast and manage efficient inbound and outbound inventory flows and health, including forecasting, purchasing, and removing unproductive inventory;
  5. Drive root cause analysis/reporting on operational issues, develop action plans, and project manage improvements with the ability to manage multiple competing priorities simultaneously;
  6. Work with internal teams collaboratively to help drive tools and process improvements that affect purchasing and procurement workflows, with emphasis on automating tasks that are currently performed manually.
Requirements:
  • Bachelor's Degree in Supply Chain, Planning, or Inventory Management or equivalent experience;
  • Advanced analytical skills with demonstrated ability to dive in and quickly understand root cause and identify scalable solutions;
  • Excellent business judgement, strong written and oral communication skills, and a practical, common sense approach to getting things done.


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