Assistant Merchandise Planner

4 weeks ago


Watford, United Kingdom Ralph Lauren Full time

Position Overview
- Pls note this is a Fixed Term Contract Opportunity for 12 months - and ready to start asap.As an Assistant Merchandiser, you will provide support to the merchandising team. You will be working closely with the Merchandising & Buying teams to provide detailed analysis & accurate forecasting.Essential Duties & Responsibilities
- Ensure the financial success of the product group by meeting or exceeding sales, gross profit, and inventory turn goals on an annual basis.
- Develop assortment plan by class and store for each delivery at an option, cost and unit level based on historical data and current business strategy and financial targets.
- Work closely with the Merchandiser and buyer to ensure assortment plans are reviewed and updated through the buying process.
- Ensure assortments are planned to be optimal within store capacities.
- Report on and analyse department kpi’s (options in store, sales per option, no of sizes on a weekly basis, unit depth per option and vear to plan).
- Assist Buyer in developing the scorecard for future deliveries.
- Work with cross functional teams to ensure timely and accurate planning of new store openings.
- Develop knowledge of geographic and store attribute performance and trends through data analysis and field feedback.
- Manage store stock levels at a class level to ensure an optimal distribution of inventory between doors to maximize sales and profit.
- Propose stock movements where necessary to optimize inventory to sales ratio.
- Production of size ratio stock and sales analysis to ensure accurate size ratio buying at a door level.
- Support Merchandiser in developing sales, margin and inventory budget plans.
- Support Merchandiser in in season forecasting as required.
- Assist in production of weekly Monday business reports.
- Ad-hoc business reporting

Communications/Relationships
- Develop and maintain effective working relationships within cross-functional team (buying, planning, marketing, visual, retail information etc.). In particular this will be the Merchandiser, buyer and assistant buyer team responsible for the product group.
- Participate in cross functional meetings, contributing input on product mix, inventory levels and current sales and margin forecasts
- Collaborate with peers to ensure consistency of information, share best practices and develop systems knowledge.
- Participate in company initiatives as appropriate.

Experience, Skills & Knowledge
- Able to work on own initiative and to be pro-active
- Able to organize and prioritize; demonstrates logical analysis and problem solving skills.
- Knowledge of sales/stock ratios, ability to provide strategies to achieve store and product turns.
- Able to understand distribution strategies and how to execute them.
- Demonstrates good listening, written and oral communication skills, effectively and clearly communicates.
- Able to build and maintain productive relationships within team environment.
- A flexible and pro-active approach to business and systems management



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