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- Tasks: Support stock management and optimise inventory for a leading beauty retailer.
- Company: Join Space NK, the ultimate destination for innovative beauty brands.
- Benefits: Gain valuable experience in retail with opportunities for training and development.
- Other info: Dynamic team environment with potential for career growth.
- Why this job: Be part of a vibrant community that celebrates beauty and creativity.
- Qualifications: No prior merchandising experience needed; just a passion for beauty and good Excel skills.
The predicted salary is between 22000 - 28000 £ per year.
If you love beauty, you're in the right place. As the ultimate curator of over 100 of the most in‑demand, highly innovative and boundary‑pushing beauty brands, we are the go‑to destination for worldwide beauty discovery. Together through our neighbourhood stores, online presence and loyalty scheme, Space NK has built a flourishing community in which to discover beauty. The customer is at the heart of everything we do, and we will always endeavour to offer everything they need to help them explore, experiment, and enjoy our brands.
Purpose of Position
To support the Merchandiser in management of the DC stock to ensure stock levels are maintained in line with business requirements to deliver sales and profit targets through effective management and implementation of the processes.
Availability
- Understand and support the team to optimise Direct availability and minimise markdown through commercial understanding and inventory management.
- Understand the tools required to maximise sales/availability for seasonal events, promotional activity, and exceptional trading periods through executing stock builds in system with strong use of the Single Stock File tools and understand when there is a requirement for the use of temporary SKU's.
Intake Management
- Accurate management of the delivery schedule, ensuring delivery dates are met by brands and communicating any short shipments, late deliveries, and cancellations to the Category team and the wider business.
- Support the Merchandiser in the management of the DSV relationship.
- Produce and compile Monday trade reports, checking data is accurate and highlighting any anomalies to the Merchandiser.
- Support ad‑hoc replenishment queries from the business, identifying insights and potential actions.
DC Forecasting/Management
- Bookings management and supporting on priorities and capacity.
- Join the DC weekly call & attend monthly visits.
- Develop a strong relationship with the DC to deputise and support the Merchandiser on communication/implementation with the DC, and within the team, on stock management such as RTV/Price changes.
- Work with the Merchandiser and Logistics to assist with accurate volume planning.
- Support the management of the monthly price changes with the DC.
- Support on all aspects of Gift card and box planning.
- Support on all aspects of Testers management.
- Working closely with MAA's from category teams on stock queries.
Trade Reporting
- Prepare data for Monday trade analysis and understand how the data is used and interpreted.
- Support requests for ad‑hoc intake and Direct queries, preparing data and understanding the objective of requests.
- Be able to deputise for the Merchandiser on trading activities when appropriate.
Training & Development
- Develop excellent working knowledge of all Merchandising systems: Qlikview, QlikSense, Navision, AGR.
- Develop a good understanding of basic retail maths.
- Develop and build strong relationships and networks with cross‑functional partners both internally and externally.
- Support in the training and development of new starters.
- Responsible for driving own development and actively seeking out training as required.
Key Relationships & Stakeholders
- DC/Logistics
- Category Team
- IT Team
Qualifications, Knowledge, and Experience
- Entry Level – No merchandising experience required but some retail knowledge is preferred.
- Good Excel skills and basic knowledge of other Microsoft Office tools.
- Numerical – the role requires a good level of mathematical competency.
- Team player.
- Ability to analyse and interpret data.
- Entrepreneurial with a drive to move the department forward.
Space NK are an equal opportunities employer.
Inventory Assistant in London employer: Space NK
Contact Detail:
Space NK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Inventory Assistant in London
✨Tip Number 1
Get to know the company! Research Space NK and its beauty brands. Understanding their values and products will help you connect during interviews and show that you're genuinely interested in being part of their team.
✨Tip Number 2
Network like a pro! Reach out to current or former employees on LinkedIn. Ask them about their experiences and any tips they might have for landing a role as an Inventory Assistant. Personal connections can make a huge difference!
✨Tip Number 3
Prepare for those tricky interview questions! Think about how your skills, especially in Excel and data analysis, can benefit Space NK. Practice articulating your thoughts clearly and confidently to impress the hiring team.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the Space NK family. Don’t miss out on this opportunity!
We think you need these skills to ace Inventory Assistant in London
Some tips for your application 🫡
Show Your Passion for Beauty: When you're writing your application, let your love for beauty shine through! Mention any experiences or interests that connect you to the beauty industry. We want to see that you're not just looking for a job, but that you're genuinely excited about being part of our community.
Tailor Your CV and Cover Letter: Make sure to customise your CV and cover letter for the Inventory Assistant role. Highlight relevant skills like your Excel proficiency and any retail experience. We appreciate when candidates take the time to align their application with what we're looking for!
Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and avoid jargon. We want to understand your qualifications and enthusiasm without having to sift through unnecessary fluff!
Apply Through Our Website: Don't forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do – just follow the prompts and you’ll be set!
How to prepare for a job interview at Space NK
✨Know Your Numbers
Brush up on your basic retail maths and Excel skills before the interview. Being able to confidently discuss stock levels, sales targets, and data analysis will show that you understand the core responsibilities of the Inventory Assistant role.
✨Understand the Brand
Familiarise yourself with Space NK and its beauty brands. Knowing their product range and what makes them unique will help you connect with the company's mission and demonstrate your passion for beauty during the interview.
✨Prepare for Scenario Questions
Think about how you would handle common inventory challenges, like managing delivery schedules or addressing short shipments. Prepare specific examples from past experiences or hypothetical situations to showcase your problem-solving skills.
✨Build Relationships
Emphasise your ability to work collaboratively with cross-functional teams. Be ready to discuss how you’ve built strong relationships in previous roles, as this is crucial for supporting the Merchandiser and liaising with the DC and other stakeholders.