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For Companies At a Glance
- Tasks: Lead stock management to ensure timely delivery and optimal inventory levels.
- Company: Join Club L London, a cutting-edge online retailer for stylish, forward-thinking women.
- Benefits: Enjoy flexible hours, 25 days off, a bonus scheme, and a 40% staff discount.
- Why this job: Be part of an innovative team that values collaboration and creativity in fashion.
- Qualifications: Experience in merchandising and strong analytical skills are essential.
- Other info: Work in a vibrant environment with opportunities for personal and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
About us
Club L London are the next-generation online retailer refining accessible luxury for forward-thinking women worldwide. Delivering timeless and trend-oriented styles in sizes 4-20 for every life moment, we design proudly in-house in the UK; with premium quality, exceptional fit and affordable style at the forefront.
Collaboration, communication and curiosity drive our extraordinary workforce – an ambitious team of diverse, experienced and up-and-coming talents that we think you’d fit right into.
A role at Club L is more than a job, it’s a lifestyle for the innovative, inspired and intuitive thinker.
The Role
Your primary goal is to ensure we consistently have the right stock, in the right quantities, at the right time. You will leverage your merchandising expertise to provide regular performance insights and identify emerging trends to help drive sales.
Your role includes managing delivery and shipment deadlines, addressing risks, and ensuring stock intake aligns with planned levels, while providing weekly updates on any intake issues. You will also be proactive in finding ways to boost profitability, recommending markdowns, promotions, and rebuys as needed.
Additionally, you will be responsible for negotiating and purchasing the inventory necessary to meet customer expectations, considering price, quality, and delivery to maintain smooth supply chain operations. This will also involve researching our target market, analysing sales data, working closely with the production team to communication priorities and trading plans, and identifying market gaps and opportunities to predict future buying trends.
Roles and Responsibilities
- Ensure the Right Stock at the Right Place and Right Time – Stock for Collections must land on time at the right location with the right depth of buys.
- Drive Cash & Value Generatio n – Plan annual orders to maximize cash flow and inventory efficiency.
- Own and Optimize Product Categorie s – Take full ownership of the product categories, using data to boost sales volume and profitability across all assigned areas.
- Set Strategic Direction for Product Ranges – Provide guidance on product range development and planning processes to ensure alignment with the company’s goals.
- Control Stock Level s – Monitor weekly sales and stock intake to ensure core lines remain in stock and inventory levels are optimized.
- Create Category Forecast – Split topline Finance budgets/forecasts by category. Ensure stock purchasing is in-line with budget/forecast, whilst working with Finance to adjust for performance.
- Analyse Best and Worst Sellers – Regularly assess product performance, making informed recommendations to drive key KPIs. Ensure best sellers are never out of stock and worst sellers are cleared through.
- Recommend Promotions & Rebuys – Suggest and support markdowns, promotions, and rebuys as needed to optimize inventory and sales.
- Supply Data for Informed Decisions – Provide internal teams with necessary insights and data to guide informed decision-making and planning.
- Manage Delivery Schedules – Ensure critical path dates are met, and stock is delivered on time, managing the full delivery schedule
- Influence Range & Merchandising Plans – Utilize insights to influence product range decisions and merchandising strategies in collaboration with design and senior stakeholders. Align purchasing plans with the CEO and CFO.
- Provide Expertise in Product & Merchandising Practices – Share knowledge of best practices within apparel categories to ensure effective merchandising strategies.
- Collaborate with Internal and External Stakeholders – Foster strong relationships and positively influence internal teams and external partners.
- Uphold Club L London Values – Ensure all actions and decisions reflect and uphold the brand’s core values and vision.
- Think Like a Customer – Maintain a customer-first mentality in every decision, every day.
What does good look like?
- % Stock On-Hand vs Stock Turnover/Cover – Track the percentage of stock available compared to how quickly it is sold or turned over, ensuring the right balance between stock levels and demand.
- Stock Availability – Monitor and measure the availability of stock to ensure it’s consistently on hand when needed, minimizing stockouts.
- Adherence to Budgeted Cash Flow Levels – Measure and control inventory-related cash flow, ensuring spending is aligned with the planned budget and available cash resources.
- Monthly Sales Targets – Ensure that stock levels are aligned with monthly sales targets, enabling the trading team to meet or exceed performance expectations.
What’s on offer?
- Bi-annual bonus scheme
- 25 days’ annual leave (plus bank holidays)
- Extra day off for your birthday
- Flexible working hours around core hours of 10-4
- Cycle to work scheme
- Enhanced pension contribution
- Enhanced maternity policy
- 40% staff discount
- Healthcare Cashplan
- Free onsite gym
- Social events
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Head of Merchandise employer: Club L London
Contact Detail:
Club L London Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Merchandise
✨Tip Number 1
Familiarize yourself with the latest trends in the fashion industry, especially those that cater to the target demographic of Club L London. Understanding what resonates with forward-thinking women will help you align your insights with the company's vision.
✨Tip Number 2
Showcase your ability to analyze sales data effectively. Be prepared to discuss specific examples of how you've used data to drive inventory decisions and optimize stock levels in previous roles.
✨Tip Number 3
Highlight your experience in managing supply chain operations. Discuss any successful negotiations you've conducted with suppliers or how you've ensured timely deliveries, as this is crucial for the Head of Merchandise role.
✨Tip Number 4
Emphasize your collaborative skills. Since the role involves working closely with various teams, be ready to share examples of how you've fostered strong relationships with internal and external stakeholders to achieve common goals.
We think you need these skills to ace Head of Merchandise
Some tips for your application 🫡
Understand the Brand: Familiarize yourself with Club L London's mission and values. Highlight how your experience aligns with their focus on accessible luxury and customer-first mentality in your application.
Showcase Your Expertise: Emphasize your merchandising expertise by providing specific examples of how you've successfully managed stock levels, driven sales, and optimized inventory in previous roles.
Data-Driven Insights: Demonstrate your ability to analyze sales data and market trends. Include examples of how your insights have influenced product range decisions or improved profitability in past positions.
Tailor Your Application: Customize your CV and cover letter to reflect the specific responsibilities and requirements mentioned in the job description. Use relevant keywords and phrases to make your application stand out.
How to prepare for a job interview at Club L London
✨Understand the Brand
Familiarize yourself with Club L London's mission and values. Be prepared to discuss how your experience aligns with their focus on accessible luxury and customer-first mentality.
✨Showcase Your Merchandising Expertise
Be ready to share specific examples of how you've successfully managed stock levels, driven sales, and optimized inventory in previous roles. Highlight your ability to analyze data and identify trends.
✨Prepare for Scenario Questions
Anticipate questions that may ask how you would handle stock shortages or manage delivery schedules. Think through your problem-solving strategies and be ready to articulate them clearly.
✨Demonstrate Collaboration Skills
Since the role involves working closely with various teams, prepare to discuss your experience in collaborating with internal and external stakeholders. Share examples of how you've built strong relationships to achieve common goals.
