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For Companies At a Glance
- Tasks: Join our team as a Merchandiser, managing sales, stock, and markdowns to boost profits.
- Company: Work for a globally recognised brand based in Portsmouth, known for its innovative products.
- Benefits: Enjoy up to £43K salary, remote work options, staff discounts, and enhanced pension schemes.
- Why this job: Be part of a dynamic team, influence product strategy, and contribute to sustainability efforts.
- Qualifications: A business-related degree and merchandising experience are essential; strong communication skills are a must.
- Other info: This role requires attendance at the office three days a week.
The predicted salary is between 25800 - 35800 £ per year.
Our client, a worldwide recognised brand, is looking to recruit a Merchandiser to join the office team based in Portsmouth. You must be within commutable distance to this office as attendance will be required 3 days per week.
This role will be to plan and manage department key KPIs such as sales, stock and markdowns to maximise sales and margin across channels, and achieve terminal stock targets.
Duties
- Work cross-functionally within the product team to produce department product strategy in line with overall company strategy, proposing the financial parameters and successfully implement.
- Create weekly and phase level plans by channel and category for sales, margin, stock and markdown, taking traded history and planned future events into consideration.
- Create a range plan at grade level which satisfies strategic channel, financial and space requirements.
- Work closely with the DBMS team to develop and select a balanced and commercial range which delivers the product strategy, and successfully sign off with Management.
- Plan seasonal pricing and promotional activity together with Buyer and in line with overall strategy, supported by financial evaluation.
- Together with the Buyer, input into and implement a supplier strategy which sets out short, medium and long term plans for supplier partnerships, development and improvement.
- Thorough weekly re-forecasting of line flows and department forecasts to ensure that in season activity maximises profitability whilst maintaining efficient controls of stock. Highlight trading opportunities and risks and propose effective action.
- Review, propose and cost markdown events and promotional activity, calculating the effect on margin and profit.
- Manage the availability of stock to ensure maximum profitability, launch dates are met and sale and stocks are potentialised in line with department KPIs across trading channels.
- Responsible for the placement of orders with suppliers and managing the progress of stock into the business, reviewing quantities, shipment modes and delivery dates.
- Ensure the product systems are up to date with the latest information.
- Input into cross functional activity as required e.g. retail operations, visual merchandising, finance, logistics.
- Effectively manage and motivate your merchandising team through performance management, personal development and appraisals, ensuring that they understand their contribution towards company goals.
- Play your part in delivering the company sustainability strategy.
Skills and Knowledge
- Business related Degree.
- Proven track record in Merchandising at either Junior Merchandiser/Merchandiser level.
- Previous experience in retail essential.
- Team Management and task delegation skills.
- Highly numerate and able to interpret data to determine decision making, work to budgets and financial plans.
- Strong communication and influencing skills at all levels.
- Ability to present complex technical information to others in an understandable way.
- Strong presentation skills to all levels.
- Strong planning and organisation skills – able to change plans in line with business needs.
Salary and Benefits
- Up to £43K depending on experience.
- Monday to Friday - 35 hours per week (2 days from home).
- Staff Discount.
- Employee Assistance Programme.
- Healthcare schemes.
- Enhanced Pension Scheme.
- 25 days holiday.
Merchandiser employer: Workshop Recruitment
Contact Detail:
Workshop Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Merchandiser
✨Tip Number 1
Familiarise yourself with the brand's product range and current market trends. Understanding their merchandise strategy will help you speak confidently about how you can contribute to their goals during interviews.
✨Tip Number 2
Network with professionals in the merchandising field, especially those who have experience in retail. Engaging with industry contacts can provide valuable insights and potentially lead to referrals for the position.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed KPIs in previous roles. Being able to demonstrate your impact on sales, stock management, and markdowns will set you apart from other candidates.
✨Tip Number 4
Showcase your team management skills by preparing examples of how you've motivated and developed team members in the past. This will highlight your ability to lead a merchandising team effectively.
We think you need these skills to ace Merchandiser
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in merchandising, particularly any roles where you've managed KPIs like sales and stock. Use specific examples to demonstrate your achievements.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the job description, especially your ability to work cross-functionally and manage a team.
Showcase Your Analytical Skills: Since the role requires strong numerical skills, include examples of how you've used data to make decisions in previous positions. Highlight any experience with forecasting or managing budgets.
Prepare for Interviews: If you get an interview, be ready to discuss your merchandising strategies and how you've successfully implemented them in the past. Prepare to answer questions about team management and how you handle challenges.
How to prepare for a job interview at Workshop Recruitment
✨Know Your Numbers
As a Merchandiser, you'll be dealing with KPIs like sales, stock, and markdowns. Brush up on your numerical skills and be prepared to discuss how you've used data to drive decisions in previous roles.
✨Understand the Brand
Research the company and its product strategy thoroughly. Be ready to explain how your experience aligns with their goals and how you can contribute to their merchandising efforts.
✨Showcase Team Management Skills
Since the role involves managing a merchandising team, prepare examples of how you've successfully led teams in the past. Highlight your approach to performance management and personal development.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities. Think of scenarios where you've had to adapt plans based on changing business needs and be ready to share those experiences.
