At a Glance
- Tasks: Plan and strategise product offerings while collaborating with teams to drive sales.
- Company: Join a dynamic fashion retail company focused on innovation and growth.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional development.
- Other info: Fast-paced environment with room for creativity and career advancement.
- Why this job: Be at the forefront of fashion retail, influencing product strategies and customer experiences.
- Qualifications: Experience in merchandising, strong Excel skills, and a passion for the fashion industry.
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.
Retail Field Merchandiser in City of London employer: Tagged Resources
As a Retail Field Merchandiser with us, you'll thrive in a dynamic and supportive environment that values innovation and collaboration. Our company fosters a culture of continuous learning and growth, offering ample opportunities for professional development while ensuring a healthy work-life balance. Located in a vibrant area, we provide unique advantages such as regular store visits to enhance your understanding of the market and a close-knit team atmosphere that encourages creativity and proactive problem-solving.
We think you need these skills to ace Retail Field Merchandiser in City of London
Planning Skills
Performance Review
Competitor Analysis
Stock Management
Pricing Strategy
Resource Planning
Sales Forecasting
