At a Glance
- Tasks: Optimise product profitability and develop commercial strategies with the Buying team.
- Company: Join a dynamic retail company focused on growth and collaboration.
- Benefits: Enjoy 33 days holiday, discounts, and training opportunities for career growth.
- Other info: Flexible work environment with opportunities for personal and professional development.
- Why this job: Make an impact in retail by driving product success and collaborating with diverse teams.
- Qualifications: Strong analytical skills and a passion for retail are essential.
The predicted salary is between 30000 - 40000 £ per year.
Primary Objective
Optimise the profitability of a designated product area. Develop a commercial liaison across all interfaces with the Merchandising function within the business.
Principal Accountabilities
- Budget preparation
Prepare seasonal buying plans through thorough analysis of historical data and understanding of future trends/activities. Set and agree core KPI’s with the Buyer in terms of sales, stock intake phasing, margin, stockturn, markdown and terminal stock etc. - Range planning
Translate agreed KPI’s into a range framework in conjunction with the Buyer. Work with the Buyer to develop commercial ranges within this framework. Establish initial stock intake plans and stock covers within this framework. - Selection / sign off
Ensure final ranges selected meet the targets outlined above. Jointly with the Buyer to deliver range within the critical path. - Intake
Plan and control the initial product intake phasing. Plan and control mailer/event availability. - Stock control
Ensure product delivery is in line with the stock distribution strategy (e.g. sufficient outer cartons to meet allocation requirements). Facilitate stock delivery to plan through close liaison with Allocation/DC/Stores. - Trading / In season monitoring
Maximise opportunities & minimise risks of the performance of the area by monitoring actual performance versus plan and taking remedial action as necessary. Maintain effective control of Open to Buy management, intake, despatch, DC & Store stock levels, accurate forecasting of markdown spend, terminal stock forecasts, completion and maintenance of corporate core data/forecasting and statistical tools. - Analysis / Data
Provide ad hoc analysis in respect of all aspects of the above. Maintain comprehensive data records for immediate and future analysis. - Commercial Acumen
Maintain a full and working knowledge of the product, supply chain, competitors and wider retail market to maximise the performance of the product area. - Liaison
Close working relationship with Buying/QA teams. Regular contact with Allocation team/Distribution Centre. Regular store visits and liaison with all store focused departments. Develop close working relationships with all product related departments to encourage co-operation and achievement of the KPI’s.
Personal Attributes
Commercial awareness (ideally of Poundstretcher’s product and customer profile). Self-motivated. Can cope with multiple tasks retaining a high level of accuracy. Able to find and extract data and develop a full understanding and awareness of business systems relative to fulfilling the role. Good communication and interpersonal skills. Displays self-confidence and initiative. Demonstrates effective team working skills. Hardworking and flexible attitude to work. Tenacious. Good numerical and analytical ability. Takes a proactive approach to learning not reliant only upon company training opportunities.
Colleague Benefits
10% Colleague Discount, with enhanced discount events throughout the year. 33 days holiday per year, including bank holidays. Group Life Assurance. Free onsite parking. Pension scheme to help support your future. My Staff Shop, offering a wide range of discounts and shopping vouchers. Training and development opportunities through apprenticeships - we want to support you in growing your career with us.
Merchandiser in Kirby Muxloe employer: Poundstretcher
As a Merchandiser at Poundstretcher, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. With benefits like a generous 10% colleague discount, 33 days of holiday, and comprehensive training opportunities, we are committed to fostering a culture of collaboration and success. Join us in our vibrant location where your contributions directly impact our commercial success and customer satisfaction.
StudySmarter Expert Advice🤫
We think this is how you could land Merchandiser in Kirby Muxloe
✨Get Your Retail Game On
Start by getting to know the local retail scene. Make a list of stores that align with your vibe and visit them. You'll be surprised at how many job openings come from chatting with staff or managers in-store. Plus, showing that you have a genuine interest in their brand can make you stand out when applying for that full-time role!
✨Join Retail Networks and Forums
Tap into retail-specific communities and forums, whether online or in-person. Platforms like Retail Week or local retail meetups can provide invaluable insights and connections. You never know who might drop a tip about an upcoming job at companies like Poundstretcher, so don’t miss out on building those relationships!
✨Be Ready for Busy Season Opportunities
Keep your eyes peeled for seasonal hiring windows, especially in the run-up to major shopping periods. Retailers often look for full-time staff to carry through busy times and may even keep you on after the season. Stay proactive by regularly checking in with your favourite retailers about their hiring plans.
✨Show Off Your Customer Service Skills
Retail’s all about customer interactions, so make sure you showcase any relevant experience in your conversations and interviews. Share specific examples of your customer service skills and how they’ve led to positive outcomes. This is your moment to shine when applying to roles at places like Poundstretcher!
We think you need these skills to ace Merchandiser in Kirby Muxloe
Some tips for your application 🫡
Show Off Your Customer Service Skills:In retail, customer service is key! Make sure your CV highlights any experience where you've dealt with customers, whether it’s resolving issues or enhancing the shopping experience. Use concrete examples to demonstrate your problem-solving skills and ability to handle difficult situations with ease.
Tailor Your CV for Retail:When applying for a full-time role like this one at Poundstretcher, customise your CV to reflect retail-specific buzzwords. Include any relevant skills such as inventory management or visual merchandising, and if you have experience with POS systems, shout about it! This will show you’re serious about joining the retail team.
Craft a Genuine Cover Letter:Don’t just repeat your CV in your cover letter! Use it as a chance to explain why you're excited about the opportunity at Poundstretcher and how your values align with their brand. Mention specific aspects of the company that resonate with you and let your enthusiasm shine through!
Highlight Your Adaptability:In retail, things can get busy and unpredictable, so demonstrate how adaptable and flexible you are. Share examples of times you've had to adjust your approach on the fly or take on new responsibilities. This will show Poundstretcher that you’re ready to jump in and contribute right away!
How to prepare for a job interview at Poundstretcher
✨Show Off Your Customer Service Skills
Retail is all about providing an exceptional customer experience, so be ready to discuss your past customer service stories. We should have examples on hand of how we've handled difficult situations or gone above and beyond to meet a customer's needs. These anecdotes will bring your application to life!
✨Familiarity with Point of Sale Systems
Many retail roles require us to work with Point of Sale (POS) systems, so it's a good idea to brush up on any relevant software you’ve used before. If you’re familiar with systems like Shopify or Square, don’t forget to mention this during the interview. Highlighting technical proficiency can set us apart from other candidates!
✨Understand Product Knowledge
Be prepared to discuss the products that the store sells and how we can contribute to their sales. Showing enthusiasm for the products and a willingness to learn can impress interviewers. We should research popular items or trends in the industry before the interview, so we can speak confidently about them.
✨Be Ready for Role-Playing Scenarios
Many retail interviews include role-playing scenarios where we might have to deal with a difficult customer or upsell a product. Practising these scenarios with a friend or family member can help us feel more comfortable. The key here is to showcase our problem-solving skills and ability to remain calm under pressure!
