Product Development Specialist
1 month ago
About Us
Card Factory is the UK's leading specialist retailer of greeting cards, dressings, and gifts with over one thousand stores across the UK and Ireland.
We are committed to delivering exceptional products that meet our customers' requirements, while driving sales and profitability for our business.
Role Overview
The Product Development Specialist will play a key role in supporting our Buyers to make informed decisions, manage risk, drive sales, and profitability.
This role will be instrumental in contributing to product development, ensuring it meets customer requirements (pricing, product design, and product trend) and is linked to strategy and financial targets.
The successful candidate will work closely with Design and Merchandise Planning, as well as key stakeholders across the business.
Key Responsibilities
- Contribute to the product development process, ensuring alignment with customer requirements and business objectives;
- Support Buyers to make informed decisions, manage risk, and drive sales and profitability;
- Analyse and evaluate the overall performance of product areas responsible for;
- Work alongside Buyers to drive sales and profitability through effective negotiations on key deliverables;
- Build working relationships within the immediate Commercial team and with other key stakeholders across Card Factory;
- Manage day-to-day communications effectively with suppliers whose first language may not be English;
- Raise concerns to Buyers to ensure team success;
- Successfully manage a portfolio of products to ensure critical paths are followed and take corrective action to resolve issues when needed;
- Carry out market research, generating product ideas and cost comparison data to share with the Buying team;
- Contribute to the management of the range plan, ensuring accurate and timely data is provided to influence decision-making processes;
- Check samples against product specifications, working closely with Quality Control;
- Demonstrate effective teamwork to deliver the product strategy by collaborating with key stakeholders across Commercial.
Requirements
- Purchasing experience within a similar role;
- Experience of working in a gifting/product/fashion environment beneficial;
- Excellent communication both written and verbal;
- Organised and structured in approach;
- Good time management and ability to deliver to strict timescales;
- Innovative and shares ideas with the team;
- Great attention to detail;
- Estimated Salary: £28,000 - £32,000 per annum depending on experience.
Benefits
- 25% colleague discount in-store and online;
- Save As You Earn scheme;
- Financial Wellbeing Support Financial Education Tools Salary Advance;
- Seasonal incentive schemes;
- Retail Management Apprenticeship Programmes with local providers with access to a virtual internal network for learning together;
- Discounted mobile phone contracts;
- Discounts across hundreds of UK retailers;
- Employee Assistance Programme – access to tools to support mental, physical, and financial wellbeing;
- Enhanced Family leave.
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