At a Glance
- Tasks: Plan product strategies and analyse performance to drive sales.
- Company: Join a dynamic fashion retail company with a focus on innovation.
- Benefits: Competitive salary, flexible hours, and opportunities for growth.
- Other info: Collaborative environment with a focus on creativity and teamwork.
- Why this job: Be at the forefront of fashion merchandising and make a real impact.
- Qualifications: Experience in merchandising and strong Excel skills required.
The predicted salary is between 30000 - 40000 £ per year.
Planning
- To review historical performance and determine future product strategy, working closely with the Product team.
- To present in commercial sign off and trade meetings to senior management.
- To provide regular performance reviews across all Business channels.
- To review Competitor activity with the Buyer to challenge future product strategy.
- To plan internet and retail requirements, to propose ranging. To ensure that planning is reflected to best meet commercial needs.
- To plan new season, buy in line with both range, category and segment planning across all Business channels.
- To determine optimum stock targets, bearing in mind buffer stocks, retail requirements and lead times.
- To plan pricing strategy, working closely with the Product Team to secure overall margin targets.
- To provide regular intake planning details to enable operations to plan resources effectively.
- To manage WSSI to plan and trade department in line with KPI budgets.
Trading
- To ensure that the Monday management pack is reconciled effectively, including validation of stock and sales forecasting.
- To establish an ordering critical path, reflecting catalogue schedules and core seasonal issues.
- To fully potentialize peak trading periods and develop well rounded plans to protect critical trading issues.
- To ensure that orders are placed in line with system forecasts and ordering cycles.
- To plan promotional activity to keep obsolete stocks in line and potentialize sales.
- To understand and trade the MTO side of the business.
Commercial Awareness
- To undertake regular store visits - ideally store visits should be undertaken at least every month.
- To produce appropriate business reports after each visit and follow up action plans.
- To undertake competitor visits on a regular basis, feedback any relevant points and put into place any required action plans.
- To understand, prioritise and work to the critical dates and deadlines in both the planning and trading process.
- To consistently deliver excellent standards of customer service.
Merchandising Systems
- To develop an excellent working knowledge of all Merchandising systems including WSSI tool.
- To identify and propose improved working practices and updates to systems.
- To action detailed integrity checks as necessary to ensure the efficient running of the department.
- To ensure the team maximise use of the Sales Reactive Allocation System and use to maximise retail sales and profit.
Key Skills & Responsibilities
Essential:
- Strong excel skills
- Experience within a Merchandiser role
- Highly numerate
- Good presentation skills
- Knowledge of critical path and product lifecycle of similar category
- Commercially aware with interest in fashion retail industry
- Able to work both independently and within a small team.
- Ability to manage heavy workload and meet tight deadlines.
- Be proactive and self-motivated
- Experience in people management.
- Excellent organisational and problem solving skills.
- Be flexible, enthusiastic and confident.
Desirable:
- Minimum 5 years of experience in multi channel retailing
- Previous experience in relevant category.
- Enjoy working in a small/medium sized company.
Merchandiser in City of London employer: Tagged Resources
As a Merchandiser at our dynamic company, you will thrive in a collaborative environment that values innovation and creativity. We offer competitive benefits, a strong focus on employee development, and opportunities for growth within the fashion retail industry. Our supportive work culture encourages teamwork and individual contributions, making it an ideal place for those seeking meaningful and rewarding employment.
We think you need these skills to ace Merchandiser in City of London
Planning Skills
Analytical Skills
Commercial Awareness
Excel Skills
Presentation Skills
Numeracy
Critical Path Knowledge
