Inventory Optimization Specialist

Red Door Recruitment; Redbourn; On-site; GBP 36,000 - 44,000; Full time

Benefits offered by this job

Bonus scheme

Breakfast, snacks and great coffee

26 days holiday (increasing with years

Bupa after 3 months

Pension

Job summary

Red Door Recruitment is assisting an ambitious, dynamic and sustainable company based minutes from the town centre in recruiting an Inventory Planner. This role focuses on monitoring stock levels, supplier management and cross-functional collaboration to optimise inventory and costs.

You will work with procurement, sales and logistics to balance supply with demand, analysing data to drive informed decisions and improve service levels. A salary up to £40k with bonus and benefits is offered.

Qualifications

• 1–2 years of work experience, preferably in FMCG or retail industries.
• Love for data and using analytical tools to translate data into action.
• Proficiency in SAP and analytical software.

Responsibilities

• Monitor and analyse inventory levels to ensure optimal stock levels.
• Place orders with suppliers to replenish inventory as needed.
• Manage supplier relationships.
• Coordinate with procurement, sales, and logistics teams to align inventory levels with business needs.
• Identify and mitigate risks related to inventory shortages or excesses.
• Develop and implement inventory control procedures and best practices.
• Conduct regular inventory audits and reconcile discrepancies.
• Prepare and present inventory reports to management.
• Optimise inventory turnover rates to minimise holding costs.
• Collaborate with the finance team to manage inventory budgets and forecasts.
• Monitor and report on KPIs related to inventory management.

Skills

Data analysis

Analytical thinking

Forecasting

SAP

Communication

Education

1–2 years experience

Tools

SAP

Job description

Red Door Recruitment is assisting an ambitious, dynamic and sustainable company based minutes from the town centre in recruiting an Inventory Planner. This role focuses on monitoring stock levels, supplier management and cross-functional collaboration to optimise inventory and costs.

You will work with procurement, sales and logistics to balance supply with demand, analysing data to drive informed decisions and improve service levels. A salary up to £40k with bonus and benefits is offered.