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- Tasks: Join our design and procurement team to optimise stock levels and drive sales performance.
- Company: Premium retail sector with a focus on innovation and collaboration.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Make an impact in the luxury retail space while developing your skills in merchandising.
- Qualifications: Experience in merchandising or retail, strong numerical and organisational skills required.
- Other info: Collaborate with diverse teams and build relationships with suppliers for seamless operations.
The predicted salary is between 34000 - 50000 £ per year.
Merchandiser Responsibilities:
- The summary of main duties & responsibilities is not intended to be an exhaustive list of tasks performed. You may be required to undertake additional duties as are necessary to promote the smooth and efficient running of the business.
Planning:
- Develop detailed assortment and category plans considering past, present, future & market performance in conjunction with Product and Design.
- Production of analysis for lessons learnt and building strategy for the future.
- Sales, Stock and OTB planning utilising the WSSI and Terminal Stock controls.
- Work with Merchandising team and Finance to reflect required planned intake aligned with the company cash flow.
- Plan the sales and stock levels to optimise performance of Crown Jewel (best sellers).
Trading:
- Analyse the performance in season driving out team actions plans and recommendations.
- Analyse the performance in season and adjust future months in conjunction with Product and Design team.
- Sales, Stock and OTB monthly re-forecasting using WSSI and Terminal Stock controls.
- Weekly/monthly forecasting on Crown Jewels (Best sellers).
- Markdown and Promotional management in line with required margins and stock levels.
- Have a full understanding of Merchandising Systems.
Stock Management:
- Planning and in season management of stock levels.
- Planning and Maintenance of Never being out of stock of Crown Jewels and Essentials.
- Management of Intake, Deliveries and supporting the management of Delivery Schedule.
- Oversee the Raising and management of Purchase Orders for Product.
- Build relationship with Suppliers to ensure intake is in line with plans and when required.
- Build relationship with Freight Forwarding partner to ensure deliveries are on time.
- Build relationship with Warehouse team to ensure goods are booked in, delivered & picked.
Team:
- Develop and manage Merchandise Assistant.
- Collaborate with product and design team, suppliers, finance, retail, digital and other functional teams.
- Deputise for Merchandising Lead in meetings.
Skills:
- Experience of Managing an allocator or Merchandise Assistant.
- Strong Numerical skills.
- Strong organisational skills.
- Strong Excel skills, knowledge of purchase order management system, a dynamic forecasting system and knowledge of commonly used Microsoft products (Word, Excel, PowerPoint and Outlook).
- Excellent communication skills; both verbal and written.
- Commercial experience, preferably with knowledge or appreciation of premium or luxury retail.
- An understanding and interest in an online retail business.
- Ability to contribute new and innovative ideas.
Merchandiser employer: LM RECRUITMENT SOLUTIONS LTD
Contact Detail:
LM RECRUITMENT SOLUTIONS LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Merchandiser
✨Tip Number 1
Network like a pro! Reach out to people in the premium retail sector, especially those who work in merchandising. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Show off your skills! Prepare a portfolio that highlights your past merchandising successes, including any analysis or strategies you've developed. This will give you an edge during interviews.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family, focusing on common merchandising questions. This will help you articulate your experience and ideas clearly when it counts.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes put you ahead of the competition.
We think you need these skills to ace Merchandiser
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Merchandiser role. Highlight your experience in planning, stock management, and any relevant numerical skills. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the premium retail sector and how your skills can contribute to our team. Keep it engaging and personal – we love a good story!
Show Off Your Excel Skills: Since strong Excel skills are a must for this role, don’t forget to mention any specific projects or experiences where you’ve used Excel effectively. We’re keen to see how you can leverage data in merchandising!
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 shows you’re proactive – a quality we admire!
How to prepare for a job interview at LM RECRUITMENT SOLUTIONS LTD
✨Know Your Numbers
As a Merchandiser, you'll need to demonstrate strong numerical skills. Brush up on your data analysis and forecasting techniques before the interview. Be ready to discuss how you've used these skills in past roles, especially when it comes to sales and stock planning.
✨Showcase Your Organisational Skills
This role requires excellent organisational abilities. Prepare examples of how you've managed stock levels or coordinated with teams in previous jobs. Highlight any systems or processes you’ve implemented that improved efficiency or accuracy in stock management.
✨Build Relationships
Relationship-building is key in this position. Think about times you've successfully collaborated with suppliers, finance teams, or other departments. Be prepared to share specific examples of how these relationships helped achieve business goals.
✨Stay Current with Trends
The premium retail sector is always evolving. Research current trends in merchandising and online retail before your interview. Bring fresh ideas to the table and be ready to discuss how you can contribute to the company's strategy moving forward.
