Product Development Specialist

6 days ago

Havant, United Kingdom FatFace Full time

Job Title: Product Development Specialist

Job Summary: We are seeking a Product Development Specialist to join our team at FatFace. As a Product Development Specialist, you will be responsible for sourcing, developing, and buying product ranges that exceed our customers' expectations.

About the Role: The ideal candidate will have a degree or equivalent level of qualification and experience in fashion-based subjects. You will have a strong understanding of buying principles and systems, as well as a passion for product and the FatFace brand.

Key Responsibilities:

  • Work with the team to produce the department product strategy in line with overall company strategy and successfully implement the same.
  • Work with designers and suppliers to create and develop seasonal ranges that deliver the overall product strategy and phased buy plans.
  • Manage the sampling process from design packs through to finished proto samples.
  • Work closely with the team to select a balanced and commercial range that satisfies customer needs for all our channels and have this successfully signed off with the Buying Manager and Director.
  • Work with the Wholesale division to place orders, trade, and showcase ranges where required.
  • Develop a supply chain strategy that sets out short, medium-, and long-term plans for supplier partnerships, development, and improvement.
  • Manage the placement of orders to ensure all KPIs and delivery and margin targets are met.
  • Work with the Buying Manager to hand over product to the marketing and creative team for customer communication.
  • Manage the critical path process to ensure the product remains on brand through the approval cycle and that launch availability is maximized.
  • Through weekly trading reviews and proposals across all channels, ensure that in-season activity maximizes profitability while maintaining efficient controls of commitment.
  • Gain market awareness through regular competitor visits both online and in-store.
  • Develop yourself through store, competitor, factory, and supplier visits and through increased awareness of other HO functions and company issues.
  • Plan seasonal pricing and promotional activity together with Merchandising and in line with the overall strategy.
  • Effectively manage and motivate assistants through development and reviews, ensuring that they understand their contribution towards company goals.

Requirements:

  • Strong negotiation skills to achieve targets.
  • Strong presentation skills to all levels.
  • Highly numerate, able to interpret data to determine decision-making, work to budget, and KPIs.
  • Strong communication and influencing skills at all levels.
  • Team management and task delegation skills.
  • Good planning and organizational skills able to adapt in line with business needs.

Key Competencies:

  • Passionate about product and the FatFace brand.
  • Thorough understanding of all buying principles and systems.
  • A strength in product development.
  • Commercial and market awareness.
  • Understanding of the supply chain and product lifecycle.
  • Comprehensive understanding of customer profile, product range, and competitors.

Accountable Resources:

  • Brand Integrity – product in line with brand identity.
  • Company integrity – relationship with externals.
  • Financial – ensure profitability of category within Stores and Direct channels, through product strategy, working to budget, and delivering intake margin.

Key Contacts and Relationships:

  • Product suppliers.

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