At a Glance
- Tasks: Support the Junior Channel Trading Manager in optimising stock levels and managing data for partner websites.
- Company: Join Mint Velvet, a vibrant fashion brand focused on delivering quality and style.
- Benefits: Enjoy opportunities for personal development, training resources, and a collaborative work environment.
- Why this job: Be part of a dynamic team that values creativity, collaboration, and a passion for fashion.
- Qualifications: Strong commercial mindset, advanced Excel skills, and excellent communication abilities are essential.
- Other info: Ideal for self-starters eager to learn and grow in a fast-paced retail environment.
The predicted salary is between 28800 - 43200 £ per year.
As the Channel Trading Assistant at Mint Velvet, your primary responsibility is to support the Junior Channel Trading Manager in optimising stock levels across our Partner websites to maximize sales and margin. You will be responsible for managing the sending of data and imagery to these sites. Working closely with other members of the Channel team, you\’ll oversee stock allocations and replenishment across all channels of the business. Additionally, you\’ll assist the Junior Trading Manager in identifying sales and stock opportunities, & will work both cross functionally, and directly with our brand partners, ensuring the websites have the optimal stock to meet demand. You\’ll also play a key role in maintaining the Mint Velvet brand image on partner sites, ensuring that all information provided supports a seamless customer experience.
Key Knowledge / Performance Indicators
– Prioritising profit in every decision, consistently seeking opportunities to maximise profitability.
– Have a clear understanding of the brand\’s core customer, including their demographics and lifestyle, as well as their behaviours across all e-commerce platforms.
– Demonstrate a strong understanding of Mint Velvet\’s market position & its competitors.
– Collaborate closely with your line manager to continually enhance your performance, actively engaging in the setting and achieving of ambitious objectives.
– Take initiative in your personal development by actively seeking and receiving feedback for career growth, engaging in regular development discussions with your manager, and utilising available training and support resources.
Responsibilities
– Working with other Channel Trading Assistants to ensure all stock allocations are accurately distributed across all channels. Work closely with product merchandising teams to optimise stock levels and support the daily management of replenishment parameters.
– Working alongside the Junior Channel Trading Manager to generate trade reports, conduct performance analyses, and identify actionable insights, both internally and in collaboration with brand partners.
– Manage the daily distribution of data and imagery to ensure Mint Velvet products are effectively showcased on partner websites. Maintain regular communication with partners to enhance the brand\’s presence and explore opportunities to drive sales while mitigating risks.
– Regular site audits to ensure product is displayed and information is correct, for a seamless customer journey.
– Conduct weekly reviews of stock levels in our distribution centre, proposing trade actions to manage stock coverage effectively across all our partner sites.
– Report on stock availability, identifying potential opportunities and risks, and communicate findings to the Junior Channel Trading Manager, working closely with the product merchandising team and the rest of the Channel team to optimise stocks.
– Analyse best-selling items across channels and challenge partners regarding any styles that are underperforming compared to the overall brand performance.
– Coordinate seasonal updates and supply marketing assets to partners for use across their marketing channels, ensuring consistent brand representation.
– Assist in range planning and maintain the critical path for our small partners.
– Work closely with our distribution centre and brand warehouses to support the Junior Digital Trading Partner in maintaining smooth and efficient stock management.
– Update and assist with Host WSSI processes.
– ISNOS – regularly review partners websites to ensure product go live within the agreed SLA.
– Help produce trade packs, including lessons learnt and materials for meetings.
– Conduct regular competitive analysis by monitoring competitors\’ websites and providing feedback on key findings.
About You
– You consistently represent the Mint Velvet brand values: Entrepreneurial Spirit, Passion & Drive, Courage & Resilience, Collaboration, & With Soul.
– You possess a strong commercial mindset, are numerate and data-driven, and have a keen interest in fashion.
– Advanced Excel skills are preferred.
– You can effectively communicate with individuals at all levels, from Directors to peers, articulating your ideas and suggestions clearly, positively, and convincingly.
– You are confident in admitting when you don\’t have all the answers and proactively seek advice from others.
– With excellent communication skills, you use strong questioning and listening techniques to ensure a shared understanding before concluding any discussion or meeting.
– You are exceptionally organised, capable of prioritising your workload to consistently deliver work of the highest standard.
– You focus on solutions rather than problems, demonstrating the ability to make key decisions within established frameworks.
– As a self-starter, you are enthusiastic about learning and growing in your role.
– You are a supportive colleague and mentor, able to influence and inspire those around you when necessary.
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Channel Trading Assistant employer: Mint Velvet
Contact Detail:
Mint Velvet Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Channel Trading Assistant
✨Tip Number 1
Familiarise yourself with Mint Velvet's brand values and core customer demographics. Understanding the brand's ethos will help you align your approach during interviews and discussions, showcasing how you can contribute to their goals.
✨Tip Number 2
Stay updated on current fashion trends and competitor activities. Being knowledgeable about the market position of Mint Velvet and its competitors will allow you to engage in insightful conversations and demonstrate your commercial awareness.
✨Tip Number 3
Practice your Excel skills, as advanced proficiency is preferred for this role. Consider taking online courses or tutorials to enhance your data management capabilities, which will be crucial for stock analysis and reporting.
✨Tip Number 4
Prepare to discuss your previous experiences in stock management or e-commerce. Be ready to share specific examples of how you've optimised stock levels or improved sales, as this will highlight your relevant skills and initiative.
We think you need these skills to ace Channel Trading Assistant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the responsibilities of a Channel Trading Assistant. Emphasise your commercial mindset, data-driven approach, and any experience in e-commerce or stock management.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the fashion industry and your understanding of Mint Velvet's brand values. Mention specific examples of how you've demonstrated entrepreneurial spirit, collaboration, and problem-solving in previous roles.
Showcase Your Analytical Skills: Since the role involves analysing stock levels and sales performance, include examples of how you've used data to drive decisions in past positions. Highlight any experience with Excel or similar tools that demonstrate your analytical capabilities.
Prepare for Potential Questions: Think about how you would respond to questions regarding stock management, collaboration with partners, and your approach to optimising sales. Be ready to discuss your understanding of Mint Velvet's market position and competitors during the interview process.
How to prepare for a job interview at Mint Velvet
✨Understand the Brand and Its Customers
Before your interview, make sure you have a solid understanding of Mint Velvet's brand values and target customers. Research their demographics, lifestyle, and shopping behaviours to demonstrate your knowledge and alignment with the brand.
✨Showcase Your Analytical Skills
As a Channel Trading Assistant, you'll need to analyse stock levels and sales data. Be prepared to discuss your experience with data analysis, particularly using Excel, and how you've used insights to drive decisions in previous roles.
✨Prepare for Collaboration Questions
This role involves working closely with various teams and partners. Think of examples from your past experiences where you've successfully collaborated with others, highlighting your communication skills and ability to influence outcomes.
✨Demonstrate Your Problem-Solving Abilities
Be ready to discuss how you've approached challenges in previous positions. Focus on your solution-oriented mindset and provide specific examples of how you've made key decisions to overcome obstacles and improve processes.