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Merchandising Specialist

2 months ago

Cardiff, Cardiff, United Kingdom Peacocks Full time

We are seeking a highly motivated and experienced Merchandiser to join our Merchandising department at Peacocks. As a key member of our team, you will play a crucial role in driving the business forward by developing, planning, and delivering a commercially focused range alongside the Buyer.

Key Responsibilities:


Planning and Organisation:

  • Create a vision for the department that encompasses strategy, budget, and product for both the short and long term;
  • Work closely with the Buyer to build a balanced range in line with customer expectations that reflects the Peacocks brand strategy, by delivering correct product mixes, price architecture, and delivering the right product at the right quantity to the right store;
  • Take responsibility for developing departmental sales, stock, intake plans, profit, and markdown in order to monitor and measure performance;
  • Ensure that space and option plans can deliver the departmental strategy, taking into account timings, stock builds, and store layout.

Trading:

  • Take responsibility for flexing trade between categories and managing mixes, optimising sales and stock levels, and intake phasing, to an agreed divisional and departmental plan through effective use of WISSI's;
  • React to current sales and trends, by managing OTB or current stock situations and repeating, cancelling, or re-phasing where necessary or proposing promotional or markdown activity;
  • Effectively manage departmental KPI's within season, ensuring markdown and buying in margin (BIM) are controlled in order to maximise profit for the department;
  • Take responsibility for managing the supply base to ensure delivery is to time and that intake targets are met, whilst anticipating risks and planning contingencies and developing solutions to problems as appropriate;
  • Work alongside Stock Distribution to ensure optimum stock levels are delivered in store, to meet customer demand and expectations.

Commercial Awareness:

  • Work closely with the Head of Merchandising to devise a department Merchandising strategy that demonstrates a clear understanding of external factors and competitor activity;
  • Demonstrate strong commercial awareness by supporting and challenging the Buying teams to ensure that product ranges are planned and constructed in line with the divisional and department strategy;
  • Develop a strong understanding of the customer to take account of when planning and building a range;
  • Demonstrate a comprehensive knowledge of all merchandising systems and processes and be able to fully utilise all merchandising tools, including forecasting, WISSI, and BI.

Requirements:

At least 4+ years of experience in a similar Head Office environment and a proven track record in a merchandising role.

Advanced Excel user.

Experience in working with UK/overseas manufacturers/factories.