We are seeking a skilled and detail-oriented Stock Analyst (Loss Prevention) to join our team. The successful candidate will play a crucial role in enhancing our loss prevention strategies by leveraging data to identify risks, detect patterns, and recommend actionable insights to minimise losses and enhance operational efficiency.
Responsibilities
- Data Collection & Analysis: Gather and analyse data from various sources (databases, surveillance systems, internal reports, etc.) to detect patterns, trends, and potential risks related to shrinkage, theft, fraud, and operational inefficiencies.
- Loss Detection: Identify unusual stock movements, discrepancies, and any inconsistencies that could signal potential loss events (e.g., inventory theft, supplier issues, or stock mismanagement).
- Reporting & Dashboards: Develop and maintain regular and ad-hoc reports, scorecards, and dashboards that track key loss prevention metrics (e.g., shrinkage rates, fraud incidents, and operational KPIs). Ensure these reports provide actionable insights for senior leadership.
- Root Cause Analysis: Investigate the root causes of loss-related events, using data-driven insights to propose corrective actions. Work closely with cross-functional teams (e.g., Security, Operations, Finance) to implement solutions and reduce future risks.
- Collaboration: Work closely with internal teams, including Store Operations, Supply Chain, IT, and Finance, to support the development and execution of loss prevention initiatives.
- Process Improvement: Continuously assess and improve data collection, analysis, and reporting methods to enhance the accuracy and efficiency of loss prevention strategies.
- Training & Guidance: Provide training and guidance to operational teams on how to use data to identify potential loss areas and improve day-to-day practices that reduce shrinkage.
- Investigations & Audits: Support internal investigations related to theft or other loss prevention issues, providing data analysis and insights that help with resolving incidents.
- Compliance & Standards: Ensure that all loss prevention activities and data management practices comply with internal policies and external regulations.
Person Specification
- Previous Experience: Experience in a data analysis or loss prevention role, preferably within retail, logistics, or similar sectors.
- Data Analysis Expertise: Strong analytical skills with experience in interpreting large datasets, identifying trends, and deriving insights to improve business outcomes.
- Advanced Excel Skills: Proficiency in Excel, including complex formulas, pivot tables, and data manipulation. Knowledge of data visualisation tools (e.g., Power BI, Tableau) is a plus.
- SQL & Database Knowledge: Intermediate to advanced SQL skills for querying and analysing data from various databases.
- Attention to Detail: A meticulous approach to data analysis and problem-solving, with a focus on identifying and resolving discrepancies that could lead to loss.
- Problem Solving & Critical Thinking: Strong ability to think critically, identify issues, and propose actionable solutions based on data.
- Communication Skills: Clear, concise, and effective communication skills, capable of presenting complex data and insights to stakeholders at all levels, both verbally and in writing.
- Collaboration & Stakeholder Management: Proven experience working with cross-functional teams, managing stakeholders, and driving initiatives that reduce risks and improve operational efficiency.
What we offer
- Competitive salary
- Pension
- Long service awards
- Employee discount
- Cycle to work scheme
Position: Permanent, Full-time
Hours: Monday - Friday, 08:45am - 17:30pm.
Location: Plymouth, Devon
#J-18808-Ljbffr