Merchandiser

3 months ago

Kirby Muxloe, United Kingdom Poundstretcher Full time

The Vacancy

Trainee Merchandiser

Primary Objective

Optimise the profitability of a designated product area. Developing a commercial liaison across all interfaces with the Merchandising function within the business

Principal Accountabilities

Budget preparation

Prepare seasonal buying plans through thorough analysis of historical data and understanding of future trends / activities. Set and agree core KPI’s with the Buyer in terms of sales, stock intake phasing, margin, stockturn, markdown and terminal stock etc.

Range planning

Translate agreed KPI’s (as above) into a range framework in conjunction with the Buyer Working with the Buyer to develop commercial ranges within this framework Establish initial stock intake plans and stock covers within this framework

Selection / sign off

Ensure final ranges as selected meets the targets outlined as above Jointly with the Buyer to deliver range within the critical path

Intake

Plan and control the initial product intake phasing Plan and control mailer / event availability

Stock control

Ensure product delivery is in line with the stock distribution strategy (e.g. sufficient outer cartons to meet allocation requirements) Facilitate stock delivery to plan through close liaison with Allocation / DC / Stores.

Trading / In season monitoring

Maximise opportunities & minimise risks of the performance of the area by monitoring actual performance versus plan and taking remedial action as necessary. Maintain effective control of; Open to Buy management Intake, despatch, DC & Store stock levels Accurate forecasting of markdown spend Terminal stock forecasts Completion and maintenance of corporate core data / forecasting and statistical tools

Analysis / Data

Provide ad hoc analysis in respect of all aspects of the above Maintain comprehensive data records for immediate and future analysis

Commercial Acumen

Maintain a full and working knowledge of the product, supply chain, competitors and wider retail market to maximise the performance of the product area.

Liaison

Close working relationship with Buying / QA teams. Regular contact with Allocation team / Distribution Centre. Regular store visits and liaison with all store focussed departments Develop close working relationships with all product related departments to encourage co-operation and achievement of the KPI’s.

Personal Attributes

Commercial awareness (ideally of Poundstretcher’s product and customer profile) Self motivated Can cope with multiple tasks retaining high level of accuracy Able to find and extract data and develop a full understanding and awareness of business systems relative to fulfilling the role. Good communication and interpersonal skills Displays self confidence and initiative Demonstrates effective team working skills Hardworking and flexible attitude to work Tenacious Good numerical and analytical ability Takes a proactive approach to learning not reliant only upon company training opportunities

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