Assistant Marketplace Buyer
5 days ago
About the Role
New Look is a leading fashion retailer with a rich history dating back to the 1960s. We're on the hunt for a talented individual to join our growing Marketplace team as an Assistant Buyer.
Key Responsibilities
- Support the Buyer in delivering a profitable range that will be sold through the Marketplace model, ensuring margin and profit targets are always met.
- Manage outstanding orders and support the Assistant Merch with PO commitment for each marketplace, replacing cancellations where possible and managing line detail.
- Develop a sound understanding of the Business Strategy and its impact on the Department.
- Oversee the development of the marketplace admin assistant, managing them and their daily tasks, including CP management.
- Monitor returns rates and take necessary action, escalating to the Buyer when issues arise at MG and style level.
- Work closely with the Buying Merchandising Department to support the Buyer in trading the range in-season, based on sales performance, returns, and trends.
- Build and maintain relationships internally and externally.
- Take ownership of selected marketing groups to select a profitable range from the core New Look selection.
Requirements
- Able to support the Buyer in building a comprehensive product range.
- Understanding of supply chain issues and costs, including product lead times, flexibility, and supplier capability.
- Able to support:
- Understanding of the marketplace setup.
- Understanding of the strategic needs of the division.
- Understanding of the New Look brand and sub-brand strategy and key customer.
- A knowledge of the current competitive international marketplaces (comparative shopping).
- Understanding of BMD launch plans and phasing.
- Ability to identify relevant product trends in the global retail marketplace (directional shopping).
- Basic knowledge of the elements that make up the cost of a product.
- Ability to review sales data and suggest commercial recommendations to the Buyer and Merchandiser.
Why New Look?
New Look is a dynamic and fashion-forward company that prioritizes development and offers training to support your progression. We offer a range of benefits, including:
- 40% staff discount.
- Monthly 25% off privilege vouchers for family and friends.
- Season ticket loans.
- Pension - A contributory private pension scheme.
- Virtual GP access.
We pride ourselves on being a flexible employer and are open to discussing flexible working patterns that meet the needs of the role and the individual.
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