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- Tasks: Drive sales by managing product ranges and analysing trading performance.
- Company: Join New Look, a vibrant fashion retailer with a focus on teamwork.
- Benefits: Enjoy 40% staff discount, private GP access, and extra leave on your birthday.
- Other info: Dynamic environment with opportunities for career growth and mentorship.
- Why this job: Make an impact in the fashion industry while developing your skills.
- Qualifications: Strong analytical skills and experience in trading and sales analysis.
The predicted salary is between 30000 - 40000 £ per year.
The Role: As a Merchandiser at New Look, you will drive sales and profit by planning and managing product ranges across your department. You will analyse trading performance, forecast demand and make key decisions on stock levels, intake and pricing to ensure the right product is in the right place at the right time. Working closely with Buying and cross-functional teams, you will balance commercial strategy with customer trends, reacting quickly to trade while managing critical paths and optimising availability across stores and online.
What you’ll be doing:
- Achieving department KPI’s in line with strategy and department plan, maximising sales and profit
- Reviewing the category Weekly Sales and Stock Intake (WSSI), coordinating action to maximise profitability of the department and reduce risks
- Contributing to range development by ensuring the Product reflects the Brand strategy
- Responsible for preparation and presentation of range sign offs in line with department / strategy and customer requirements
- Reviewing and monitoring range plans regularly with the Buyer to reflect changing sales / trends in order to maximise profits
- Reviewing depth and width to optimise availability and minimise markdown risk
- Applying in-depth knowledge of the current competitive market place and using this to develop the departmental strategy and Merchandising framework (comparative shopping)
- Maintaining a focused, reliable supply base in order to maximise profit
- Ensuring in-season activity delivers planned sales, margin and terminal stock targets
- Analysing data, identifying issues and trends, interpreting results to provide sound recommendations to protect / maximise profit
- Managing the weekly product sign-off process, including awareness of impact on Open to Buy (OTB), flexibility and margin
- Reviewing current sales with the Buyer, reacting appropriately to maximise sales opportunity
Who you are:
- Strong trading and sales analysis, using data to drive decisions
- Advanced forecasting and demand planning experience
- Ownership of department strategy, aligning to business and financial goals
- Stock management and intake planning to optimise availability and minimise risk
- Commercial awareness with strong understanding of pricing, margin and profit drivers
- Ability to lead, manage and mentor a small team to deliver results
- Confident in reviewing KPIs, building reports and using Excel to influence decisions
- Working collaboratively with Buying and wider teams across the business
Merchandiser employer: New Look
Contact Detail:
New Look 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 industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their brand strategy and be ready to discuss how your skills in trading analysis and stock management can help them achieve their goals.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to drive decisions in past roles. This will demonstrate your ability to contribute to range development and maximise profitability.
✨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 you're genuinely interested in joining the team at New Look.
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 sales analysis, stock management, and any relevant forecasting skills. We want to see how your background aligns with our needs!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use numbers and examples to demonstrate how you’ve maximised sales or improved stock levels in previous roles. This helps us see the impact you can make.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you’re passionate about merchandising and how your skills can drive sales at New Look. Keep it engaging and personal – we love to see your personality come through!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Let’s get started on this journey together!
How to prepare for a job interview at New Look
✨Know Your Numbers
As a Merchandiser, you'll need to be comfortable with data. Brush up on your sales analysis skills and be ready to discuss how you've used data to drive decisions in the past. Bring examples of how you've forecasted demand or managed stock levels effectively.
✨Understand the Brand
Familiarise yourself with New Look's brand strategy and product ranges. Be prepared to discuss how you would align merchandising strategies with customer trends and the overall business goals. Showing that you understand their market position will impress the interviewers.
✨Showcase Your Teamwork Skills
Collaboration is key in this role. Think of examples where you've worked closely with buying teams or other departments to achieve common goals. Highlight your ability to lead and mentor a team, as well as how you’ve contributed to cross-functional projects.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific merchandising challenges, like managing stock during peak seasons or reacting to sales trends. Practice articulating your thought process and decision-making strategies clearly, as this will demonstrate your problem-solving abilities.