Stock Controller job description
A Stock Controller is responsible for ensuring that the company’s stock levels meet business needs. They do this by overseeing purchases and pricing reports, replenishing levels when necessary, and monitoring shipments or internal transfers between departments within one business enterprise.
Use this Stock Controller job description template when hiring employees for Warehouse or Logistics departments. Feel free to customize this template to your company’s needs.
Stock Controller responsibilities include:
- Forecasting supply and demand to prevent overstocking and running out-of-stock (OOS)
- Submitting purchase details (vendors information, invoices and pricing) to internal databases
- Placing orders to replenish merchandise as needed
Job brief
We are looking for a Stock Controller to manage our inventory and purchase merchandise based on our company’s needs.
Stock Controller responsibilities include tracking shipments, overseeing inventory audits and maintaining reports of purchases and pricing. To be successful in this role, you should be familiar with supply chain procedures and have good communication skills to interact with vendors, clients and internal teams.
Ultimately, you will increase profitability and effectiveness by maintaining optimal stock levels of quality products at all times.
Responsibilities
- Forecast supply and demand to prevent overstocking and running out-of-stock (OOS)
- Enter purchase details (vendors information, invoices and pricing) into internal databases
- Place orders to replenish merchandise as needed
- Track shipments and address any delays
- Oversee storage of products, particularly of fragile items
- Evaluate suppliers’ offers and negotiate profitable deals
- Coordinate regular inventory audits
- Liaise with warehouse staff and other internal teams to test products’ quality (status upon delivery and storage conditions)
- Keep updated inventory records (including daily shipments)
- Ensure purchases do not exceed budget
Requirements and skills
- Proven work experience as a Stock Controller, Inventory Manager or similar role
- Good understanding of supply chain procedures
- Working knowledge of inventory management software (e.g. NetSuite or TradeGecko)
- Active participation in inventory audits
- Excellent organization skills
- Good communication and negotiation abilities
- BSc in Logistics, Business Administration or relevant field
Frequently asked questions
What does a Stock Controller do?
A Stock Controller’s responsibilities include processing orders, checking that stock levels are consistent, and ordering new products if needed. They also update computer systems with fresh information about available inventory in order to optimize business efficiency overall.
What are the duties and responsibilities of a Stock Controller?
Stock Controllers are in charge of making sure that the right amount and type of inventory is always available. They must have a good understanding of how things are shipped and what goes into producing the product or service to keep track on both sides - the production side and customer distribution channels.
What makes a good Stock Controller?
A good Stock Controller will be knowledgeable about supply chain procedures, have working knowledge of inventory management software, audits, and active participation when it comes down to them being an integral part of a company's success. In addition, they will need excellent organizational skills and the ability to communicate effectively with others.
Who does a Stock Controller work with?
The Stocker Controller negotiates with suppliers to ensure the most profitable deals. They are also the link between warehouse staff and other internal teams, including the Inventory Manager.
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