Forecast & Stock Planner

5 months ago

Liverpool, United Kingdom The Very Group Full time

**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 role**

We are looking for two permanent Forecasting Stock Planners to join our Audio and Vision category within the Electrical department, and our Beauty category.

This role would suit an individual looking to work their way up to Category Manager with strong numerical skills, a clear understanding of Merchandising principles (customer, inventory, value & profit), active involvement in buying and trading of the category, and a passion for collaborating with some of the biggest brands in the Tech industry.

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 the team. You’ll also gain experience of whether we distribute our range through a drop ship distribution model or stocked in through business DC, with the aim 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, analysing sales performance, recommending contingency plans, and adjusting forward forecasts accordingly with a clear focus on managing our key brand partnerships.

Relationship building is also crucial, be that with suppliers and brands in managing over/under performance or internally where strong cross functional relationships across the likes of logistics, supply chain, trading and supplier management teams will also be key.
- Ownership of the stock plan across both our stocked in and drop ship RTM.
- Take high level category plans 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.
- Works with the Category Manager when product performance varies to forecast to take the required action, e.g. through price, mark-down, stock negotiation
- Ownership of WSSI management
- 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**
- 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.
- 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
- 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.

**Some of our benefits**
- Competitive salary.
- Flexible, hybrid working model.
- Inclusive culture and environment, check out our Glassdoor reviews
- £1,000 flexible benefits allowance to suit your needs
- 30 days holiday + bank holidays
- Udemy learning access.
- Bonus potential (performance and business-related)
- Up to 25% discount on Very.co.uk
- Matched pension up to 6%
- More benefits can be found on our career site

**How to apply**

Please note that the talent acquisition team are managing this vacancy directly, and if successful in securing this role, you may be required to undertake a credit, CIFAS and DBS check.

**What happens next?**

You can expect a two-stage interview process for this position:
**1st stage**:

- An informal 30-minute video call with the hiring team to discuss your skills and relevant experience. This is a great opportunity to find out more about the role and to ask any questions you may have.

**2nd Stage** - A one-hour formal interview where you can expect both competency and technical qu

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