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- Tasks: Drive in-season trading activities and optimize stock levels for profitability.
- Company: Join a leading retail company focused on innovative trading strategies.
- Benefits: Enjoy a full-time role with opportunities for travel and collaboration.
- Why this job: Be part of a dynamic team that influences store performance and drives revenue.
- Qualifications: 2+ years in retail; strong analytical skills and experience with inventory management required.
- Other info: Work primarily in an office environment with occasional market visits.
The predicted salary is between 36000 - 60000 £ per year.
JOB DESCRIPTION
Purpose:
The Retail Ops Trader will use strong analytical skills and commercial knowledge to drive in-season trading activities to reflect the latest business performance into the trading plan. He/She is collaborating closely with the Senior Trader to drive Country & Store profitability by optimizing stock levels through the management of the Initial Allocation, Replenishment & other operational customer service tasks. He/she will assist in identifying key business issues, provide analysis on opportunity and risk in the business, and make recommendations to drive revenues in stores. This role will collaborate closely with Retail stores & DTC teams.
Key Results:
- Store-level Inventory Management Performance
- Retail cluster revenues
- Gross margin
Key Responsibilities:
- Strong collaboration with the Senior Trader to drive adequate replenishment based on store/market needs
- Conduct quantitative analysis and insights together with the Senior Trader to optimize inventory deployment – monetize new opportunities and identify risks and formulate recommendations
- Execute Initial Allocations in line with the range plans and store grading
- Provide analysis on in-season profitability to achieve or exceed seasonal performance at Geo/Category level
- Ensure & set up promotional pricing in EPOS systems (Raymark/Xstore); communication to stores & with stores during the process & full discounting period
- Generate & issue Pricecats files
- Highlight & execute Store-to-store transfer opportunities & returns
- Identify opportunities in-store to clean Excess inventory
- Close follow-up on customer service activities, inbound/outbound with DC, returns process, 3rd party vendors & deliveries
- Monitor product availability in European warehouses to identify product opportunities in order to drive local commercial initiatives
- Closely collaborate with Planning and Retail Merchandising to reassess in-season performance, leverage key learnings into in-season trading actions and reflect into next season assortment buy
- Regularly visit retail stores to gather market intelligence and reflect key takeaways into in-season trading actions
Education:
- Retail Management, Business Management or Finance
Experience:
- 2+ years of work experience in Retail business; store experience is a great plus
Specialized Knowledge/Technical Skills:
- Analytical skills to interpret meaningful themes from quantitative data
- Understanding of Retail revenue drivers
- Ability to articulate key performance indicators, and how they are used in key systems/tools
- Microsoft Excel
Decision Making and Problem Solving:
- Ability to problem solve through strong partnerships with regional business partners
- Ability to analyze and assess the impact of decisions on department and cross-functional business partners
- Proactively identify business issues and develop creative solutions
- Ability to excel in an environment without extensive resources and with high ambiguity
- Self-motivated, actively takes initiative to learn and drive the business
- Ability to build constructive and effective relationships with a broad, diverse group of business partners, mainly the cross-functional team
- Fluent in English, spoken and written
- Ability to influence cross-functional partners
- Interpersonal skills and proven ability to work with diverse teams
- Ability to adjust communication style in order to provide information and direction in an effective manner
Primarily works in an office environment.
- Will be required to travel up to 10% of the time (market visit, customer or internal meetings)
LOCATION: Zaventem, Belgium
FULL TIME/PART TIME: Full time
Current LS&Co Employees, apply via your Workday account. #J-18808-Ljbffr
Retail Ops Trader employer: Levi Strauss
Contact Detail:
Levi Strauss Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Retail Ops Trader
✨Tip Number 1
Familiarize yourself with the key performance indicators (KPIs) relevant to retail operations. Understanding how these metrics impact trading decisions will help you articulate your insights during interviews.
✨Tip Number 2
Leverage your analytical skills by preparing examples of how you've used data to drive business decisions in previous roles. Be ready to discuss specific instances where your analysis led to improved inventory management or revenue growth.
✨Tip Number 3
Showcase your collaboration skills by highlighting experiences where you've worked closely with cross-functional teams. This role emphasizes teamwork, so be prepared to discuss how you’ve successfully partnered with others to achieve common goals.
✨Tip Number 4
Stay updated on current trends in retail and inventory management. Being knowledgeable about market dynamics and consumer behavior will demonstrate your passion for the industry and your readiness to contribute to the team.
We think you need these skills to ace Retail Ops Trader
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities and requirements of the Retail Ops Trader position. Highlight your analytical skills and experience in retail management in your application.
Tailor Your CV: Customize your CV to reflect relevant experience, especially focusing on your analytical skills, inventory management, and any previous roles that involved collaboration with cross-functional teams.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your understanding of retail revenue drivers and your ability to solve problems creatively. Mention specific examples from your past experiences that align with the job description.
Highlight Key Skills: In your application, emphasize your proficiency in Microsoft Excel and your ability to analyze quantitative data. Make sure to mention your interpersonal skills and how you've successfully collaborated with diverse teams in the past.
How to prepare for a job interview at Levi Strauss
✨Showcase Your Analytical Skills
As a Retail Ops Trader, strong analytical skills are crucial. Be prepared to discuss specific examples of how you've used data to drive decisions in previous roles. Highlight any quantitative analysis you've conducted and the impact it had on inventory management or sales performance.
✨Demonstrate Collaboration Experience
This role requires close collaboration with various teams, especially the Senior Trader. Share experiences where you've successfully worked with cross-functional teams to achieve common goals. Emphasize your ability to build constructive relationships and communicate effectively.
✨Understand Retail Revenue Drivers
Familiarize yourself with key retail revenue drivers and be ready to discuss how they influence trading decisions. Show that you understand how to optimize stock levels and manage inventory to enhance profitability. This knowledge will demonstrate your readiness for the role.
✨Prepare for Problem-Solving Scenarios
Expect to face hypothetical scenarios during the interview that test your problem-solving abilities. Think about past challenges you've encountered in retail and how you addressed them. Be ready to articulate your thought process and the outcomes of your decisions.
