Stock controllers maintain companies' stock inventories to meet business requirements. They maintain purchase and pricing reports, replenish stock levels, and oversee shipments and internal stock transfers. They may be employed in retail, wholesale, or import and export industries.
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Stock Controller Job Description Template
We are looking for a highly capable stock controller to manage our stock inventory. You will be analyzing supply chain data to ensure stock availability, placing purchase orders and transferring stock, and maintaining purchase and pricing reports.
To ensure success as a stock controller, you should possess extensive knowledge of inventory management and experience in a related industry. An accomplished stock controller will be someone whose expertise translates into optimally maintained stock levels.
Stock Controller Responsibilities:
- Coordinating stock control operations with warehouse staff, as well as the sales and finance departments.
- Analyzing supply chain data to ensure the uninterrupted availability of stock.
- Forecasting supply and demand to prevent overstocking and running out-of-stock (OOS).
- Evaluating vendors and suppliers’ offers and negotiating profitable purchase prices.
- Placing and receiving orders to replenish stocks as needed.
- Tracking shipments and coordinating internal stock transfers, as well as resolving delays.
- Overseeing stock storage processes, including tagging, boxing, and labeling.
- Maintaining a steady flow of stock from storage to where it is needed.
- Performing regular inventory audits and keeping stock purchasing within budget.
- Maintaining and updating daily shipment records, as well as purchases and pricing reports.
Stock Controller Requirements:
- Bachelor's degree in logistics, business administration, or a related field preferred.
- A minimum of two years' experience as a stock controller in a similar industry.
- Proficiency in inventory management software, such as Zoho Inventory and Katana.
- In-depth knowledge of inventory management principles and best practices.
- Extensive experience in supply chain data analysis.
- Great analytical and problem-solving skills.
- Superb negotiation, collaboration, and communication abilities.
- Exceptional organizational and time management skills.
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