Merchandising Specialist
4 weeks ago
Job Summary
We are seeking a highly skilled Merchandising Specialist to join our team at Rapha. As a key member of our merchandising team, you will be responsible for managing the stock across our Clubhouse and Wholesale network.
Key Responsibilities
- Work with Finance to set budgets and sales targets for all Clubhouses
- Plan seasonal targets at department/collection/category level to build out grading
- Deliver a robust seasonal grading across the global network of Clubhouses to deliver against the trading plan
- Constantly review and improve the grading and ranging process to deliver the most efficient stock packs into the network
- Manage the sale and promotional plans to deliver set targets whilst minimising terminal stock in the network
- Stock plan for major events across the Clubhouse calendar, working closely with regional teams
- Agree stock cover levels at department/collection with the allocator to maintain correct levels of stock throughout the season
- Attend and input into the range review meetings using regional feedback supported with analysis
- Own the stock planning for any Clubhouse opening or relocation
- Work closely with logistics to deliver accurate seasonal allocation forecasts
- Produce weekly Clubhouse sales analysis, with actions and recommendations for the teams, react to any opportunities
- Review with the allocator the stock performance at Clubhouse level and target any opportunities
- Drive space productivity in Clubhouse, work closely with VM to maximise potential
- Visit Clubhouses in season and work with VM and retail teams to ensure space in Clubhouses is optimised to deliver highest opportunities.
Wholesale Responsibilities
- Work alongside the wholesale sales managers to ensure the revenue targets are aligned to inventory planning and availability
- Ensure accurate delivery dates, pricing structure and desired margins have been agreed between all parties to maximise revenue and profit
- Work closely with the merchandise function, delivering timely forecasts, including large Wholesale partner buys well ahead of the ordering milestones
- Manage the size bias by region as well as being mindful of Northern/Southern hemisphere requirements
- Analyse sales performance to ensure the ranges are tailored for the future commercial needs of the regions
- Manage all reporting for the area of the business, including stock level availability to inform regions of any risks and future intake
- Develop a robust pricing structure for all existing, new and emerging market. To understand each market requirement in relation to duty, shipping, and COGS
- Report against defined objectives on the wholesale roadmap to ensure all deliverables are achieved on time
- Work collaboratively with the Wholesale Operations team
- Consistent communication with finance to review phasing and forecasting
- Develop a commercial range plan that can deliver the required revenue & sell through targets for each region
- Agree tiered range packs ahead of the buying season aligned with the product strategy of the rest of the business
About You
- Experienced in multi-channel merchandising, has a good understanding of both retail and wholesale
- Able to lead and manage an allocator
- Analytical and numerically literate
- High level of Excel knowledge
- A commercial and entrepreneurial flair
- Strong communications skills and attention to detail
Working at Rapha
We are continuously looking into ways to invest in our employees and build a better working culture and environment. Here are just some of the internal benefits we offer.
- Flexible working hours
- Support ad-hoc remote working during the week - Minimum 3 days in office
- Free barista coffee and social drinks in the office
- Monthly department social events and quarterly office rides
- We offer a flexible riding benefit to allow you to go out riding on a Wednesday morning with colleagues or learn to cycle through our Getting Started Scheme.
- We offer all our employees a 50% apparel discount and a discount for family and friends
- An annual clothing allowance
- Free membership to the Rapha Cycling Club
- Company Pension Scheme
- Enhanced Parental Leave and Pay
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