At a Glance
- Tasks: Drive stock strategy and manage product launches in a fast-paced beauty environment.
- Company: Join THG, a global leader in beauty and sports nutrition.
- Benefits: Enjoy 25 days leave, gym access, and up to 50% staff discount.
- Other info: Great career development opportunities and a supportive work culture.
- Why this job: Be part of a dynamic team shaping the future of beauty retail.
- Qualifications: Must be organised, analytical, and have at least 1 year of relevant experience.
The predicted salary is between 30000 - 40000 £ per year.
About THG
We are THG, a global ecommerce group on a mission to be the global online leader in beauty and sports nutrition. Our portfolio of leading retailers and brands such as LOOKFANTASTIC, Myprotein, ESPA, Perricone MD, and Cult Beauty form our two core businesses: THG Beauty and THG Nutrition. From Manchester to New York, we're powered by a team of over 2500 people who work together, lead by example, and think BIG.
Life at THG Beauty
We know that beauty isn't one-size-fits-all. Our portfolio of leading retailers and iconic beauty brands caters to everyone, everywhere, empowering customers all over the world to look and feel fantastic. By combining our portfolio of owned brands with a marketplace for over 1,300 third party beauty brands through online retail sites LOOKFANTASTIC, Cult Beauty, and Dermstore, THG Beauty's ambition is to be the global digital partner of choice across the beauty industry, supporting the channel shift to online.
THG Beauty's breadth of relationships is unique to the beauty market; it engages with brands as a retailer, a brand owner, and a product developer and manufacturer, making it the industry's digital strategic leader. Lookfantastic is Europe's No1 Online Destination for Premium Beauty. Our mission is to empower people globally to look and feel fantastic every day. We work with over 800 of the world's greatest beauty brands such as MAC, Kerastase, GHD, Tom Ford and YSL to bring our customers the widest offering of beauty products from around the globe. Passion, innovation and commitment are key characteristics in this ever expanding team as we strive to become the Worlds No1 destination for Beauty.
Why be a Merchandiser at THG Beauty?
Reporting in to the Head of Category Merchandising, you'll be responsible for Stock and Intake Strategy, Planning and Management of Stock Profile in support of business KPIs through effective trading and driving the department in conjunction with buying.
As a Merchandiser, you'll:
- Be responsible for building department strategy and long term plans alongside buyer to support divisional KPI's.
- Lead the department in conjunction with the buyer to fulfil the department and business strategy.
- Have a flexible management style to support the development of immediate team and wider merch function.
- Support the division through involvement with project work, including cross functional involvement.
- Prepare reporting for weekly and monthly review meetings.
- Review daily and weekly sales performance and recommend replenishment actions where required.
- Take a strategic approach in driving the department forward by gaining a strong understanding of key competitors.
- Be responsible for numerous high profile brand accounts; keep strong supplier relationships and communication.
- Manage order placement and intake to ensure on time product launches and product lead times are adhered to.
- Take ownership of Category WSSI management, ensuring stock levels are optimised through accurate sales and intake forecasts and future demand.
- Effectively manage stock whilst highly focused on hitting departmental warehouse availability targets.
- Manage fast and slow moving stock and make recommendations to move it through the business in the most profitable route possible.
- Accurately forecast new product launches to achieve the optimum profit, balanced with sell through whilst maintaining high product availability.
- Build a strong network cross functionally within the business and in particular Buying & Trading.
- Manage the team and support the Heads of Merchandising.
What skills and experience do I need for this role?
- Very organised and self motivated individual who works well on their own initiative.
- Experienced in working as part of a team.
- Critical thinker and problem solving skills.
- Highly numerate with strong analytical skills.
- Strong verbal and written communication skills with all levels of internal and external seniority.
- Highly flexible to adapt to the needs of a fast paced environment.
- Strong commercial awareness.
- Must have strong IT skills - Excel proficient.
- Min 1 year experience in a similar role.
What's in it for me?
- Career Development: Access bespoke development programmes that have been designed and developed by our in house L&D team. Continued development through our upskilling programme that is delivered in partnership with an industry leading training provider.
- Enhanced Leave: 25 days annual leave plus bank holidays. Don't want to work on your birthday? We don't either! Enjoy your day off on us. Enhanced maternity and paternity pay, depending on length of service. Up to 10 days compassionate leave. Buy back up to 3 days each year. Unlock 2 days volunteer leave after 12 months.
- Wellbeing Support: Access face to face and virtual appointments with our in house GP. Access our 24/7 Employee Assistance Programme (EAP) which is provided by Bupa. State of the art on site gym. Access to our on site physio.
- Other Perks: Save up to 12% on the cost of personal tech through our salary sacrifice scheme. Subsidised bus pass from Manchester City Centre to our ICON office. Up to 50% staff discount on THG brands. On site staff shop. Know someone who would be perfect for THG? Refer them and get up to £1000 when they pass their probation. Anniversary gifts when you hit 5 and 10 years of service.
THG is proud to be a Disability Confident Committed employer. If you are invited to interview, please let us know if there are any reasonable adjustments we can make to the recruitment process that will enable you to perform to the best of your ability. THG is committed to creating a diverse & inclusive environment and hence welcomes applications from all sections of the community. Because of the high volumes of applications our opportunities attract, it sometimes takes us time to review and consider them all. We endeavour to respond to every application we receive within 14 days. If you haven't heard from us within that time frame or should you have any specific questions about this or other applications for positions at THG please contact one of our Talent team to discuss further.
Strategic Merchandiser: Stock, Forecasting & Launches employer: Job Search Place Limited
THG Beauty is an exceptional employer, offering a dynamic work environment in the heart of Manchester where innovation and passion drive our mission to lead the beauty industry online. With a strong focus on employee development through bespoke training programmes, enhanced leave options, and comprehensive wellbeing support, we empower our team to thrive both personally and professionally. Join us to be part of a diverse and inclusive culture that values your contributions and celebrates your achievements.
StudySmarter Expert Advice🤫
We think this is how you could land Strategic Merchandiser: Stock, Forecasting & Launches
✨Tip Number 1
Network like a pro! Reach out to people in the beauty and ecommerce industry on LinkedIn. A friendly message can go a long way, and you never know who might have the inside scoop on job openings at THG.
✨Tip Number 2
Prepare for your interview by researching THG's brands and recent launches. Show us that you're passionate about our mission and ready to contribute to our growth in the beauty market.
✨Tip Number 3
Practice your problem-solving skills! We love critical thinkers, so be ready to tackle some real-life scenarios during your interview. Think about how you'd manage stock levels or forecast demand effectively.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you're serious about joining the THG family.
We think you need these skills to ace Strategic Merchandiser: Stock, Forecasting & Launches
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Strategic Merchandiser role. Highlight your experience in stock management and forecasting, and show us how you can contribute to our mission at THG Beauty.
Show Off Your Analytical Skills:Since this role requires strong analytical skills, don’t shy away from showcasing your numerical prowess. Include specific examples of how you've used data to drive decisions in previous roles.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate straightforward communication, so make sure your key achievements and skills stand out without unnecessary fluff.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Job Search Place Limited
✨Know Your Numbers
As a Strategic Merchandiser, you'll need to demonstrate your analytical skills. Brush up on key metrics related to stock management and forecasting. Be ready to discuss how you've used data to drive decisions in previous roles.
✨Showcase Your Flexibility
THG values adaptability in a fast-paced environment. Prepare examples of how you've successfully navigated changes or challenges in your past roles. Highlight your ability to pivot strategies based on market trends or sales performance.
✨Build Relationships
Strong supplier relationships are crucial for this role. Think of instances where you've effectively communicated with stakeholders or collaborated cross-functionally. Be prepared to discuss how you maintain these relationships to support business goals.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Practice articulating your thought process when faced with stock management dilemmas or product launch challenges. This will showcase your critical thinking and strategic approach.
