Forecasting & Stock Planner - Electrical
5 months ago
Internal use only - Grade F
**About us**
We are The Very Group and we’re here to help families get more out of life. We know that our customers work hard for their families and have a lot to balance in their busy lives. That’s why we combine amazing brands and products with flexible payment options on Very.co.uk to help them say yes to the things they love. We’re just as passionate about helping our people get more out of life too; building careers with real growth, a sense of purpose, belonging and wellbeing.
**About the team**
We are team MTW We manage the Mobile, Tablets and Wearables category, ensuring we offer our customers the latest products and offers available from Tech giants, like Samsung, Google and Amazon. Our category empowers our families to connect, organise, learn, stay healthy and stay safe, enabling them to make the most out of every moment together.
This role offers a unique blend of mixing commercial acumen, data & insight expertise and creative thinking, ensuring our product line-up aligns to our customer’s needs. It is the perfect opportunity for someone passionate about staying ahead in an ever-evolving landscape of mobile-technology and all things AI.
**About the role**
We are looking for a permanent Forecasting Stock Planner to join our Mobiles, Tablets & Wearables category.
This role would suit an individual looking to be a part of an innovative team at the forefront of technology and consumer trends. We’re looking for those with strong numerical skills, a great eye for product and a desire not only to work across the analytical and core Merchandising side of the role but also focus on some of the high level buying and product elements involved in building a successful range.
As an FSP, you’ll enjoy a significant breadth of responsibility for KPI’s such as plans associated to the development and delivery of a commercial range, in season forecasting, stock management, availability, brand relationships, development of trading plans and supporting the Category Manager with managing a team. You’ll also gain experience of delivering stock efficiency, maximum availability, and the management of the customer delivery promise.
There will be a focus on ownership of all aspects of stock planning, OTB management, maximising sales performance with an understanding of all impacting factors alongside recommending contingency and adjusting plans/forecasts accordingly.
Relationship building is crucial, externally with our suppliers and working with some of the biggest brands in Tech, such as Samsung, Google, Amazon and Garmin. You’ll to be able to negotiate and influence conversations in managing stock flow and forecast accuracy. Equally, internally you’ll collaborate closely with cross functional teams across the likes of logistics, supply chain, commercial and trading to drive the strategic initiatives & maximise all sales opportunities.
- Ownership of the stock plan.
- Take high level category plan and create line level forecasts by week with the correct phasing.
- Support category manager with analysis and insight to develop range plan
- Analyse performance vs. the stock plan and adjust forecasts accordingly.
- Work with the Category Manager when product performance varies to forecast to take the required action, e.g. through price, mark-down
- Ownership of Forecasting & Replenishment Tool, ensuring all product lines feed into this
- Ownership for stock holding/stock health and weeks cover
- Oversee production planning, stock phasing and delivery schedule management.
- Support Category Manager with analysis to inform strategy, range frameworks, including detailed analysis around the optimal range size, product mix etc
**About you**
To be effective in your role you’ll need to have previous experience in forecasting, strong negotiation and influencing skills and be open to challenge using data to inform opinion. Experience in merchandising and WSSI management is essential.
- Strong management and leadership skills to coach and develop a team of category assistants.
- Confident in managing a large supply base with the ability to deputise for category manager where required
- Looks to create efficiencies and process improvements across all areas of the day-to-day role
- Trading focused, developing a fit-for-purpose promotional plan which meets the needs of the budget, the creative expression requirements of the product offer to the customer and the merchandising of the range within the websites
- Advanced excel skills, and to demonstrate a continual curiosity to interpret data/insight, with the aim of driving P&L efficiencies/reduction in the cost base versus category return i.e. assortment optimisation, operational efficiency, minimising product returns
**Some of our benefits**
- Flexible, hybrid working model
- Inclusive culture and environment, check out our Glassdoor reviews
- £1000 flexible benefits allowance to suit your needs
- 30 days holiday + bank h
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