Merchandiser - 12 Month Ftc
4 days ago
At Dreams, we know your bed is the best place in the whole world. But for the hours between precious sleep, we'd like to make work a special place to be too. We're the UK's most loved bed retailer, so it's important our people feel the love as well. There's over 250 of us at our affectionally named 'Bedquarters' in High Wycombe, Buckinghamshire, where every dreamer makes a difference.
We're super passionate about our people-first culture, which means we like to keep things simple and celebrate every success, big or small From a payday treats trolley to charity fundraisers and all-staff lunches, we know we do it best when we do it together.
And together we've been making bedtimes better since 1985, with no signs of hitting the snooze button. We're owned by the world's largest bedding provider, Tempur Sealy, and have our very own Bed Factory right here in the UK. You'll even get a guided tour when you join - that's part of our mission to get you fully bed-ucated during your induction.
With 208 stores nationwide, 6 central warehouses and 12 delivery centres, we sell 14,000 mattresses, bases and headboards every single week. Now that's a lot of Zzzs.
So if you're bonkers about bed, silly for siestas and keen on your kip, we think Dreams could be the perfect place for you.
Dreams. Love your job.
We're looking for a new Merchandiser to join our Merchandising team based in Loudwater, Buckinghamshire on a 12 month FTC. In this role, you will be accountable for trading a product group to deliver against the commercial initiatives described under the 'Buy Great Products' programme which in turn will support Dreams to become the Most Recommended and Profitable Bed Company. With the Buyer deliver a product strategy to maximise sales opportunities and net cash profit potential whilst minimising markdown spend & maximising working capital across retail, web, and telesales channels.
Ready to skip the snooze button and get stuck in? Here's a taste of what you'll be doing day-to-day...
- With the Buyer manage and execute the Dreams product strategy for a product group which will deliver against budgeted sales, margin, net profit and working capital targets.
- Future sales and range planning as well as communicating closely with suppliers in line with the trading plan.
- Manage and communicate a Weekly Sales & Stock Intake process to maximise effectiveness of Commercial team decision making.
- Develop and manage Open to Buy to ensure this meets budgeted stock and working capital targets.
- Manage terminal stock sell through and promotional markdown to protect profitability and delivery of margin targets.
- Provide a robust sales forecast / intake plan to Dreams Bed Factory / third party suppliers.
- Manage and develop a rolling 12-month trading calendar, price file management ensuring Dreams pricing decisions meets OFT regulatory commitments.
- Maximise DC / branch stock availability and develop initiatives to reduce customer order lead times.
- Review and analyse range plans to reflect changing trends, new product development and customer insight.
- Maintain integrity of range plans to support a logical range architecture through a one-in-one-out change process.
- Perform sales, profit and gap analysis to support buying decision making and optimal utilisation of space.
- Manage the critical path from product ordering to store delivery to ensure stock is delivered as planned.
- Develop key Supplier relationships and process to ensure support for the 'available to promise' initiative.
- Provide accurate reporting on supplier performance and lead times, specifically OTIF
- Working with Supply Chain / Retail create a deliverable capacity plan and retail execution brief.
- New line, Item Card and Hierarchy set up and accuracy.
- Retail and Cost price file maintenance and accuracy
**This is the type of person we're dreaming of**:
- Proven Merchandise experience gained in a fast-paced environment, ideally within Retail, FMCG or Hospitality
- Ability and confidence to build relationships across all levels of the business and ability to demonstrate effective influencing skills.
- Excellent IT skills including Microsoft Office suite.
- Proven experience in financial modelling / Ability to analyse data efficiently and effectively.
- Ability to use data to adapt commercial plans and exploit opportunities to and/or mitigate risk.
- KPI / results driven.
- Commercially focused / high attention to detail
**In your dream role, you'll also receive**:
- Bonus: Our discretionary annual bonus scheme recognises the hard work and dedication of our superstar dreamers.
- Discounts: Amazing staff discount on Dreams products, plus hundreds of brands including restaurants, holidays, and shopping.
- Buy-in schemes: You'll have the opportunity to buy extra holiday, private healthcare, or savings and loans.
- Parking: We know it goes without saying, but our free onsite parking gives you peace of mind when you travel.
- Wellbeing: We partner
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