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Merchandiser
2 months ago
Merchandiser
Do you excel at planning and managing KPIs to drive sales and maximise margins across multiple channels?
Are you skilled at developing product strategies that align with overall company goals while optimising stock levels and profitability?
Are you adept at collaborating with cross-functional teams to ensure seamless execution of product strategies and promotional activities?
Macgregor Black are partnering with a Leading Lifestyle Brand on the search for a Merchandiser. This is a 6-month FTC based in Portsmouth.
As the Merchandiser, you will be responsible for planning & managing department key KPI’s such as sales, stock and markdowns to maximise sales & margin across channels, and achieve terminal stock targets
Key Responsibilities
- Work cross-functionally within the product team to produce department product strategy in line with overall company strategy, proposing the financial parameters and successfully implement.
- Create weekly and phase level plans by channel and category for sales, margin, stock and markdown, taking traded history and planned future events into consideration
- Create a range plan at grade level which satisfies strategic channel, financial and space requirements.
- Work closely with the DBMS team to develop and select a balanced and commercial range which delivers the product strategy, and successfully sign off with Management.
- Plan seasonal pricing and promotional activity together with Buyer and in line with overall strategy, supported by financial evaluation.
- Together with the Buyer, input into & implement a supplier strategy which sets out short, medium and long term plans for supplier partnerships, development & improvement.
- Thorough weekly re-forecasting of line flows and department forecasts to ensure that in season activity maximises profitability whilst maintaining efficient controls of stock. Highlight trading opportunities and risks and propose effective action.
- Review, propose and cost markdown events and promotional activity, calculating the effect on margin and profit.
- Manage the availability of stock to ensure maximum profitability, launch dates are met and sale and stocks are potentialised in line with department KPI’s across trading channels. Responsible for the placement of orders with suppliers and managing the progress of stock into the business, reviewing quantities, shipment modes and delivery dates. Ensure the product systems are up to date with the latest information.
- Input into cross functional activity as required e.g. retail operations, visual merchandising, finance, logistics.
- Effectively manage and motivate your merchandising team through performance management, personal development and appraisals, ensuring that they understand their contribution towards company goals.
- Play your part in delivering the company sustainability strategy.
What are we looking for?
- Business related Degree Proven track record in Merchandising at either Junior Merchandiser/ Merchandiser level.
- Previous experience in retail essential.
- Team Management & task delegation skills
- Highly numerate and able to interpret data to determine decision making, work to budgets and financial plans.
- Strong communication and influencing skills at all levels.
- Ability to present complex technical information to others in an understandable way.
- Strong presentation skills to all levels.
- Strong planning and organisation skills – able to change plans in line with business needs.
Competitive salary + benefits.
Please contact Tom Honeyman for more information today.