Overview of the Stock Controller Role
A Stock Controller uses their knowledge of Inventory Management Systems and problem-solving abilities to manage a company’s inventory and ensure that stock levels meet customer demand.
They conduct stock checks and resolve any discrepancies by ordering new stock as well as coordinating with suppliers and warehouse teams.
Stock Controllers need to have strong planning and organisational skills to keep track of stock and make sure stock levels don’t deplete lower than necessary.
Dress Code
A Stock Controller should dress in smart casual attire. Be sure to wear closed-toe shoes to ensure safety within a warehouse and any other necessary safety wear. Collared shirts, pants and a jumper or fleece are all appropriate clothing items to wear.
Stock Controller Responsibilities
A Stock Controller is responsible for managing inventory and supplies. Their duties include checking stock levels, ordering new stock, and ensuring stock counts are accurate and kept up to date on computer systems.
It is important to be forward thinking and have a mind for problem-solving in case any issues arise, whether that is inaccurate stock counts, problems with deliveries or distribution, or other stock-taking problems, it is a Stock Controller’s responsibility to fix any issues.
Stock Controller Tips
Focus on developing strong numerical skills needed for data entry, calculations and stock analysis. Working in a warehouse or logistics environment will also boost the skills needed for a Stock Controller role.
A Stock Controller needs to have strong problem-solving skills. You should have an aptitude for thinking outside the box when it comes to fixing issues and forecasting stock needs.
Necessary Stock Controller Skills
A Stock Controller must understand Inventory Management Systems to accurately record stock data. This also needs a good level of attention to detail to avoid making any mistakes. When mistakes are made, a Stock Controller should be able to problem-solve and fix any issues.
Attention to Detail
Stock Controllers must have excellent attention to detail as their job involves meticulously tracking inventory levels. They must be able to correctly enter stock data into Inventory Management Systems and identify any discrepancies in both data and physical stock counts.
Stock needs to be kept at the correct levels, as any small errors can cause issues in inventory management. A Stock Controller’s job heavily depends on their keen attention to detail to maximise productivity.
Understanding of Inventory Management Systems
Inventory Management Systems are important for keeping accurate stock data, and it is essential for a Stock Controller to understand how this software works, as it will provide stock alerts when inventory falls below a certain threshold and utilise techniques to make sure older stock is used first.
There are many uses for Inventory Management Systems, and it is an important tool for Stock Controllers to assist in their job and make it more manageable.
Problem-Solving Abilities
Being a Stock Controller is a meticulous job, so any problems that arise can cause issues if they aren’t dealt with quickly. Stock Controllers therefore need to be skilled in problem-solving to fix any stock issues when they appear.
A skilled Stock Controller will know how to prioritise problems based on their impact on customer satisfaction or sales. They will also have creative solutions to solve unique challenges and prevent further problems from arising.
Duties of a Stock Controller
A Stock Controller must monitor stock levels and make sure they stay as required, checking stock and coordinating with suppliers when necessary to replenish what is needed.
Monitoring & Maintaining Stock Levels
Monitoring and maintaining stock levels requires meticulous counting and consistent checking either by manually counting inventory or using digital records. A Stock Controller must keep on top of maintenance so that they are ready to order stock and speak with suppliers on time to avoid any issues that might occur.
It is important for a Stock Controller to be able to predict future demand for supplies using their monitoring skills and make sure stock is supplied appropriately.
Conducting Stock Checks & Resolving Discrepancies
As maintaining stock levels is so crucial, stock checks must also be performed frequently to make sure that there aren’t any discrepancies between the physical stock and the data.
Any discrepancies should be dealt with by applying your problem-solving skills and out-of-the-box thinking to find a quick solution to the problem.
Coordinating with Suppliers & Warehouse Teams
It is necessary for a Stock Controller to coordinate with suppliers to make sure that deliveries are on time and that the correct inventory has been provided. They will also be responsible for filing delivery reports and submitting delivery receipts.
A Stock Controller must have excellent communication skills to effectively coordinate with warehouse staff. They must ensure that the warehouse team conducts stock checks accurately, and they will provide clear instructions on performing stock picking duties, packing items, and managing stock rotation.
Stock Controller Career Progression and Advancement
With enough experience and further skill development, a Stock Controller can progress into Procurement, Supply Chain or Coordination roles.
Advancement to Procurement, Supply Chain, or Coordination Roles
Procurement focuses on purchasing goods and inventory, as opposed to inventory management. To advance down this career path, a Stock Controller should focus on gaining a better understanding of stock procurement from their coordination experience.
Similarly, a Stock Coordinator will need to advance their skills in leadership and expand their knowledge of supply chain management and inventory forecasting to become adept at a Coordinator role.
FAQs on Becoming a Stock Controller
Which Industries Hire Stock Controllers?
There are a number of industries that hire Stock Controllers such as retail, wholesale, and import and export industries.
Is Being a Stock Controller Difficult?
Being a Stock Controller can be considered a difficult job, as it involves physical work as well as a high level of accuracy for precise inventory and the ability to manage multiple products.
How Much Does a Stock Controller Earn?
The average salary for a Stock Controller in the UK is around £23,000 which may increase with experience.
What Does a Stock Controller Do?
A Stock Controller orders and replenishes stock and manages a company’s inventory to keep it accurately supplied. They also manage shipments and internal transfers of stock.
