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Merchandising Assistant

1 month ago

Havant, Hampshire, United Kingdom FatFace Full time
Job Summary

To maximize profit through efficient stock movement, potentializing sales and availability with minimal markdown. This role assists the Merchandiser in all aspects of the Merchandising function, including the range selection and sign-off process. Additionally, it provides trading, admin, and analytical support to the Merchandising team.

Key Responsibilities

Input into the department strategy, producing historical analysis as required.
Assist in the creation of the department forecasting and building of range plans, taking traded history and planned future events into consideration.
Produce and maintain line flows reflecting up to date forecasts, commitment, and ensure all contracts are reported correctly on the system.
Feedback current performance to the Merchandiser and make suggestions for repeats, cancellations, and markdowns, understanding the implications on profitability.
Propose and cost markdown events and promotional activity.
Oversee the availability of stock to ensure launch dates are met and intake targets are achieved in line with forecasts.
Under the direction of the Merchandiser, place orders with suppliers and manage the progress of stock into the business, reviewing quantities, shipment modes, and delivery dates. Keep the product systems up to date with the latest information.
Review the performance of stock between all channels and suggest appropriate action, such as transfers of stock between DCs or store distribution extensions/restrictions.
Undertake analysis of category/season/product performance on an ongoing basis and feedback lessons learnt to influence merchandising decisions both in season and for the future.
Input into cross-functional activity as required, eg. retail operations, Visual Merchandising, and DC.
Supervise, train, and develop the Trainee Merchandiser where appropriate.
Develop self through personal development, store, and competitor visits as well as building on your understanding of other functions within the business.
Deputise for the Merchandiser as required.
Play your part in delivering the company sustainability strategy.

Requirements

Experience at Allocator/Trainee Merchandiser/existing Assistant Merchandiser level.
Highly numerate, presentation, and analysis of figures, including good working knowledge of Microsoft Excel and BI.
Good communication and negotiation skills.
Presentation skills.
Good planning and self-organisation skills.
Previous experience in retail essential.
Team Management & task delegation skills.

Competencies

Good understanding of all merchandising principles and systems.
Good understanding of customer profile, product range, and competitors.
Brand and commercial awareness.
Use Excel, BI, and product systems.
Knowledge of critical path and product lifecycle.