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Supply Chain Manager
Coventry
£55,000 - £60,000
2 x days working from home - must be a driver to travel to local sites
Purpose of the Role:
To set up, establish and continuously review the approach to stock management across the business leading central procurement to support Operations. Develop forecasting tools to understand future demand and ensure continuity of supply and manage the supply base to ensure high levels of availability whilst maintaining efficient levels of stock.
Provide reporting for key meetings and relevant functions to provide visibility of stock issues, stock holding and performance. Set improvement targets aligned to the budget and provide challenge and solutions to ensure delivery. Manage stock health including slow moving, end of life and dead stock.
Ensure regular communication with all impacted functions including commercial operations and customer service.
To manage the product supply processes to ensure all orders are placed accurately and timely to drive optimum availability balanced with the requirement to deploy working capital effectively.
To work with Sales, Operations and Finance functions to determine accurate forecasts looking at forward demand, key activities, customer performance and seasonal impact. In conjunction with the Commercial team work with suppliers to ensure availability to meet these requirements.
Support the commercially driven decisions on sourcing, range and specification change to manage a smooth stock transition ensuring availability for customer orders and managing out end of life stock.
Collate demand and requirements and consolidate orders centrally to place with suppliers working with commercial to look for efficiency and cost savings.
Design, create and manage ad hoc reporting for availability as required by the business. Manage reporting as required in key meetings and to meet functional requirements ensuring visibility of stock holding and areas of issue. Chair a monthly stock meeting to align cross functional actions and requirements.
Work with suppliers to ensure availability providing required forecasts. Measure and manage performance to ensure business and customer requirements are met. Identify areas of pressure and improvement
Support Commercial to identify opportunities in stock management and supply chain to improve margin, profit, cashflow and customer service.
Work with Operations to improve factory stock count accuracy and manage stock holding within required parameters respecting the balance between capacity, efficiency and availability.
Work on new processes and ways of working across functions to improve stock management
Specify the areas over which this role has management responsibility:
- The role has management responsibility for ensuring appropriate levels of stock are held across the business. Typical decisions made by the role holder would be:
Identification of an appropriate level of stock cover for key items and managing actuals against this target.
- Route and value to utilise to clear obsolete stock
- Identification and reporting of KPIs to measure stock management performance.
- Identification of product supply source to ensure efficient production.
What time spans does the role operate under:
The role includes both tactical, short-term and strategic, long-term decision-making time horizons. Tactical decisions could be linked to the rapid re-sourcing of a product where there has been an issue in the original supply chain. Strategic decision making will include the identification of a target level of stock holding to provide the optimal balance between availability and the considered deployment of working capital.
Person Specification:
- Educated to degree or equivalent
- Track record of delivering improvements and strong performance
- Resilience and tenacity
- Excel and Data management
- Previous experience in product supply roles.
- Strong analytical and system skills
- Experience of developing new processes and ways of working
- Ability to manage and develop teams
- Strong communicator
- Ability to influence across levels.
- Decision making skills
- Ability to apply experience to new challenges and requirements
- Stock management & forecasting
