Product Line Manager
2 days ago
We are seeking a highly skilled Product Line Manager to join our team at Zachary Daniels. As a key member of the merchandising department, you will be responsible for driving sales and profitability through effective product planning and inventory management.
The ideal candidate will have a strong understanding of market trends and consumer behavior, as well as excellent analytical and problem-solving skills. You will work closely with the design and buying teams to develop and implement product strategies that meet business objectives.
A salary of £55,000 is on offer for this exciting opportunity, which also includes a range of benefits and opportunities for professional growth and development.
Key responsibilities will include:
- Forecasting stock levels and developing inventory plans in collaboration with junior team members
- Balancing pricing, risk profile, and category, supplier profiles, colour, and mixes throughout all product ranges each season
- Implementing WSSI & OTB management to ensure sales and stock targets are achieved
- Identifying best sellers and move-on products that the team needs to focus on to generate new sales
- Reviewing product and supplier mix's with the Buyer to ensure that the right product, quality, and designs are being brought into the business
- Building strategy, lessons learned, and weekly trade packs for the wider team, while being confident in presenting suggestions and actions to senior management
- Establishing a consistent pricing architecture across ranges while being mindful of competition and promotional activity
- Managing the range in conjunction with the Head of Merchandising, along with the Buying & Design team to ensure the best product is being brought into the business
- Conducting market-specific promotions and activity to grow the business, providing autonomy within a merchandising function
- Analyzing and collating data to provide support to the team in decision making
- Constantly monitoring and reviewing online performance to potentialize profit
- Ensuring that the team is briefed on new range implementation and ranging amendments, including correct stock quantities and replenishment levels
- Responsible for monthly re-forecast while feeding back key actions to Senior and Head of Merchandising
- Protecting the department by reviewing coverage each week and making commercial decisions about getting new product or repeats into the business
- Acting as a motivating line manager who is approachable to all junior colleagues
Please note that an estimated salary of £55,000 per annum is inclusive of any annual bonuses based on individual performance and company results.
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