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Marketplace Buyer Assistant

2 months ago

London, Greater London, United Kingdom New Look Full time
About the Role

We're seeking a highly skilled Assistant Buyer to join our Marketplace team at New Look. As a key member of our buying team, you'll play a crucial role in delivering a profitable range that will be sold through our Marketplace model.

Key Responsibilities
  • Support the Buyer in delivering the strategy, ensuring margin and profit targets are consistently met.
  • Manage outstanding orders and collaborate with the Assistant Merch to ensure PO commitments are met for each Marketplace, replacing cancellations where possible and managing line detail.
  • Develop a sound understanding of our Business Strategy and its impact on your department.
  • Oversee the development of the Marketplace Admin Assistant, managing their daily tasks, including CP management.
  • Monitor returns rates and take necessary action, escalating to the Buyer when issues arise at the MG and style level.
  • Work closely with BMD 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 our 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 our division.
    • Understanding of our 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?

We pride ourselves on being a flexible employer, offering 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're committed to supporting your development and progression, offering training to help you achieve your goals.