At a Glance
- Tasks: Support global inventory management and optimise stock for Burberry's merchandise planning.
- Company: Join the iconic Burberry brand known for innovation and collaboration.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Fast-paced environment with a focus on results and career advancement.
- Why this job: Be part of a dynamic team that drives global inventory strategies and impacts brand success.
- Qualifications: Experience in planning or analytics, strong Excel skills, and a passion for retail.
The predicted salary is between 40000 - 50000 £ per year.
This position will support all Global Rolling OTB activities within Burberry’s Merchandise Planning & Inventory organisation. They will embody the Burberry values and contribute to a culture of innovation and collaboration.
This role will be responsible for:
- Communicating and ensuring adherence to the commercial principles relating to Global Inventory management, with strong management and assessment of inventory holding by Channel
- Supporting the Global Rolling Open to Buy Management of the Global Delist and assessing risk in end of season inventory
- Optimising Global inventory by coordinating global stock rebalances and highlighting opportunities
RESPONSIBILITIES
- Global OTB Management
- Responsible for consolidation of the Global Rolling OTB for all Channels (FP Stores, Digital, Outlet, Wholesale)
- Responsible for preparing insightful analyses on Channel performance relative to plan and identifying risks to inventory targets
- Alongside Manager, working with group finance to set annual Margin sales target
- Responsible for preparing insightful analyses on Margin performance relative to target and tracking adherence by product divisions
- Option Consolidation & Tracking
- Assessment of Option Plans into OTB, to assess Revenue per Option and productivity of assortments
- Global Rebalance
- Responsible for coordinating global stock rebalances; rebalance template management and publishing overviews to the wider business of stock moves
- Highlighting rebalance opportunities for maximising stock productivity, to improve Global sell through and weeks of cover
- Global Delist
- Responsible for maintaining the Global Delist files which provides an accurate view of product lifecycle for all mainline products and their exit route
- Working with Retail and Collection Merchandising to propose and agree global exit route strategy with the aim to maximise clearing of inventory whilst balancing the need to protect full price sales and brand
PERSONAL PROFILE
- Demonstrated experience in a planning or analytical role, preparing commercial analyses, supporting global Open to Buy management
- Experience within a similar role from a retail background
- Solid communication skills, with the ability to build positive working relationships with cross-functional teams
- Strong attention to detail and analytical skills
- Excellent / advanced knowledge of Microsoft Excel
- Highly analytical, organised, and detail oriented
- Driven and Ambitious, with aptitude to work in a fast-paced environment
- High results orientation
- Problem solver, with an ability to drive results despite ambiguity and obstacles
- Flexible, willing, and able to manage multiple and potentially competing priorities
Burberry is an Equal Opportunities Employer and as such, treats all applications equally and recruits purely on the basis of skills and experience.
Merchandiser, Inventory Planning employer: Burberry
Contact Detail:
Burberry Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Merchandiser, Inventory Planning
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its values. For a role at Burberry, understand their approach to inventory management and how you can contribute to their culture of innovation and collaboration.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the responsibilities of the Merchandiser role. Highlight your analytical skills and any relevant retail experience to stand out.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Merchandiser, Inventory Planning
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Merchandiser, Inventory Planning role. Highlight your experience in planning or analytical roles and any relevant retail background. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about inventory management and how you embody Burberry's values. We love a good story, so make it personal and engaging!
Show Off Your Analytical Skills: Since this role requires strong analytical skills, don’t shy away from showcasing your experience with data analysis and Microsoft Excel. We want to know how you've used these skills to drive results in previous roles!
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Burberry
✨Know Your Numbers
As a Merchandiser in Inventory Planning, you'll need to be comfortable with data. Brush up on your analytical skills and be ready to discuss how you've used data to drive decisions in previous roles. Prepare examples of how you’ve optimised inventory or improved sales through analysis.
✨Understand the Brand
Burberry has a strong brand identity, so make sure you understand their values and how they relate to inventory management. Research their recent collections and any news about the brand. This will show your genuine interest and help you align your answers with their culture.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, like managing excess inventory or coordinating stock rebalances. Think through potential scenarios and prepare structured responses that highlight your problem-solving skills and ability to work under pressure.
✨Showcase Your Communication Skills
This role requires strong communication with cross-functional teams. Be prepared to discuss how you've built relationships in past roles and how you ensure everyone is on the same page. Use examples that demonstrate your ability to convey complex information clearly and effectively.