Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage global inventory and support Open to Buy activities for a luxury fashion brand.
- Company: Join a world-class luxury fashion brand known for its innovative approach.
- Benefits: Competitive pay, dynamic work environment, and opportunities for professional growth.
- Why this job: Be part of a creative team driving strategic decisions in a fast-paced industry.
- Qualifications: Strong management experience in global inventory planning and effective communication skills required.
- Other info: Office-based role in Central London with a 3-month temporary assignment.
The predicted salary is between 45000 - 63000 £ per year.
Your New Salary: £219 p/d PAYE or £278 p/d Umbrella (inside IR35)* equivalent of £57K pa
Location: Central London
Duration: 3-month temporary assignment, office-based
Start date: ASAP
Working hours: 40 hours per week, Monday - Friday, 9am - 6pm
Who You'll Be Working for: World class luxury fashion brand.
What You'll be Doing: This position will be accountable for managing inventory at a Global level, supporting all OTB (Open to Buy) activities within the company’s planning organisation.
Responsibilities:
- Owning Open to Buy (OTB) and overall Group inventory management, by Region and Globally
- Accountable for setting Product Margin targets aligned with Finance Group targets
- Ensuring adherence to Inventory Targets and all Planning KPIs
- Responsible for re-balancing Global Inventory
- Accountable for Delisting and Markdown strategy in line with OTB targets
- Accountable for Global Inventory management activities including assessment of monthly Global OTB updates across all Channels (FP Stores, Digital, Outlet, Wholesale), in partnership with Outlet team.
- Lead the development of a comprehensive Global Inventory Strategy across the full product life cycle, across all Channels.
- Prepare and deliver all OTB sign off presentations, up to c-suite, effectively communicating complex data and strategic recommendations to inform decision making.
- Ownership of the centralised Global and Regional Rolling OTB for all Channels ensuring optimal inventory and productivity assumptions.
- Define Global OTB parameters alongside Senior Manager of Inventory Planning, including Stock Turn and Inventory Targets for all Channels.
- Partner with Finance to develop accurate and aligned Global and Regional revenue expectations, on which the OTB will be built.
- Define and plan Regional Revenue and procurement targets at division level in partnership with Retail Merchandising, Collection Merchandising, Regional teams and Replenishment to support centralised seasonal OTB, as well as the market buy.
- Provide FY (Fiscal Year) and Seasonal Intake Margin guidance to Merchandising based on Group Finance Net Margin expectations to inform Range Plan and Seasonal intake margin targets.
- Analyse and identify risks to overall sales margin, across all Channels.
- Responsible for managing Global Safety Stock and Central Inventory Orders in partnership with Retail Merchandising and Replenishment team.
- Propose and agree inventory rebalances to improve Global sell through across Regions.
- Define Global Markdown and Delisting strategy, working to minimise revenue and inventory risk, working closely alongside the Outlet team to ensure adherence to Regional inventory targets and liquidation strategies.
- Managing team of 5 people
The Skills You'll Need to Succeed:
- Strong Manager experience in Global inventory planning.
- Effective communication skills.
- Strong leadership skills.
- Creative, innovative and customer-oriented when faced with business challenges.
- Strong decision-making capability.
- Dynamic and collaborative style, able to build positive working relationships with cross-functional teams and translate strategic direction to all levels of the organisation.
- Exceptional attention to detail and analytical skills.
- Creatively Driven.
- Forward Thinking.
*Please note this Umbrella rate is the amount payable to the Umbrella company - this does not represent what you will actually receive from the Umbrella company.
If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.
People First is committed to increasing diversity, and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability.
Supply Chain Job - Inventory Planning Manager - Merchandising - London employer: First People Recruitment
Contact Detail:
First People Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Supply Chain Job - Inventory Planning Manager - Merchandising - London
✨Tip Number 1
Familiarise yourself with the luxury fashion industry, especially in inventory management. Understanding the specific challenges and trends in this sector will help you speak confidently about how you can contribute to the role.
✨Tip Number 2
Network with professionals in the supply chain and inventory planning fields. Attend industry events or join relevant online forums to connect with others who may provide insights or even referrals for the position.
✨Tip Number 3
Prepare to discuss your leadership experience in detail. Since the role involves managing a team, be ready to share examples of how you've successfully led teams in the past and how you approach collaboration across departments.
✨Tip Number 4
Brush up on your analytical skills and be prepared to discuss how you use data to inform decision-making. The role requires a strong focus on KPIs and inventory targets, so showcasing your analytical mindset will be crucial.
We think you need these skills to ace Supply Chain Job - Inventory Planning Manager - Merchandising - London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in global inventory planning and management. Use specific examples that demonstrate your leadership skills and ability to manage complex data.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities of the role. Emphasise your experience with Open to Buy (OTB) activities and your ability to communicate effectively with cross-functional teams.
Highlight Key Skills: In your application, focus on the skills mentioned in the job description, such as strong decision-making capability, attention to detail, and creative problem-solving. Provide examples of how you've successfully applied these skills in previous roles.
Follow Application Instructions: Ensure you submit your CV as a Word document as specified in the job listing. Double-check that all required information is included and that your application is free from errors before submitting.
How to prepare for a job interview at First People Recruitment
✨Understand the Role
Make sure you thoroughly understand the responsibilities of the Inventory Planning Manager position. Familiarise yourself with terms like Open to Buy (OTB) and inventory management strategies, as these will likely come up during the interview.
✨Showcase Your Leadership Skills
Since this role involves managing a team, be prepared to discuss your leadership style and provide examples of how you've successfully led teams in the past. Highlight any experience you have in cross-functional collaboration.
✨Prepare for Data-Driven Questions
Given the analytical nature of the job, expect questions that require you to interpret data or make strategic recommendations based on hypothetical scenarios. Brush up on your analytical skills and be ready to demonstrate your decision-making capabilities.
✨Communicate Effectively
Effective communication is key in this role, especially when presenting to senior management. Practice articulating complex ideas clearly and concisely, as you may need to explain your inventory strategies and their impact on the business.
