Product Development Manager
1 week ago
About the Role
As a Product Development Manager, you will play a crucial role in driving sales and profit optimization across channels. This exciting opportunity is perfect for an experienced merchandiser looking to take their career to the next level.
About FatFace
FatFace is a renowned brand that has been bringing style and positivity to its customers' lives for over 30 years. Our purpose is to make a lasting impression on our customers through the clothes we create, the experiences we offer, and the values we uphold. We believe in equality, inclusion, and sustainability, and we're committed to creating an environment where everyone feels valued and respected.
Key Responsibilities
- Develop and implement department key KPIs such as sales, stock, and markdowns to maximize sales and margin across channels.
- Work cross-functionally with the product team to produce department product strategies in line with overall company objectives.
- Create weekly and phase-level plans by channel and category for sales, margin, stock, and markdown, taking traded history and planned future events into consideration.
- Develop and select a balanced and commercial range that delivers the product strategy, working closely with the DBMS team.
- Plan seasonal pricing and promotional activity together with the buyer, ensuring alignment with overall strategy and financial evaluation.
- Implement supplier strategies that set out short, medium, and long-term plans for supplier partnerships, development, and improvement.
- Manage the availability of stock to ensure maximum profitability, launch dates are met, and sales and stocks are optimized in line with department KPIs across trading channels.
- Place orders with suppliers and manage the progress of stock into the business, reviewing quantities, shipment modes, and delivery dates.
- Ensure product systems are up-to-date with the latest information.
Requirements
- Bachelor's degree in a business-related field.
- Proven track record in merchandising at either Junior Merchandiser/Merchandiser level.
- Previous experience in retail essential.
- Team management and task delegation skills.
- Highly numerate and able to interpret data to determine decision-making, work to budgets, and financial plans.
- Strong communication and influencing skills at all levels.
- Ability to present complex technical information to others in an understandable way.
- Strong planning and organization skills, able to change plans in line with business needs.
What We Offer
- A competitive salary of £45,000-£60,000 per annum, depending on experience.
- A comprehensive benefits package, including a generous pension scheme, life insurance, and paid holidays.
- Ongoing training and development opportunities to help you grow your career.
- The chance to work with a dynamic and inclusive team that shares your values.
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