Jobs in fashion
Merchandisers - Greater Manchester
Added on 25th July 2008
Ref 72342: Assistant Merchandiser, to £30kCreation of the Brand and Gender strategy and implementation of the Company strategy by delivering a product offer that exceed customers’ expectations and achieves sales and profit targets through effective supply chain management.
Key Accountabilities
1) Profit Maximisation
- Assist in the preparation of participation, sales, stock and profit targets
- Monitor performance against plan, taking appropriate action to maximise sales and profit and reduce stockholding whilst increasing stock turn
- Identify new business opportunities to grow sales and profitability
- Deliver cost effective supply solutions and achieve maximum full price sales and planned margin
- Review, propose and implement mark-down activity to reduce terminal stock whilst analysing action taken on mark-downs to maximise profit
- Drive increase in margin through new sourcing strategies and methods to build profit
- Communicate trading issues and forecasts with proposed actions to senior management and Buyer
- Develop and agree plans in partnership with the Buyer that achieve sales and profit targets and implement the agreed departmental strategy
- In conjunction with the Buyer, agree a framework with Brand Management within which a balanced, commercial and profitable range is built
- Evaluate market and customer information together with historical data and forward trends to develop the department’s phased plans
- Present the range for review achieving senior management agreement
- Create a range plan to optimise the allocated space and maximise sales and profit density
- Manage product trialing activity with the Buyer
- Continuously monitor market activity, through regular competitor shop visits, gathering market intelligence from a wide variety of sources and Republic store visits, in order to take appropriate commercial action
- Establish critical path for development and delivery of all product ranges
- Agree and deliver promotional and marketing plans, optimising sales and profit
- Manage company planning calendar
- Manage the intake of stock in line with agreed stock levels
- Plan availability schedule for new and continuity product
- Exploit use of ratio packs, identifying methods of replenishment which are more cost effective
- Plan initial allocation of product by grade, including presentation stocks
- Manage the development of new stock packages
- Quantification of 'Open to buy' with phased commitment to increase flexibility throughout the season
- Ensuring commitment is managed in line with Brand needs
- Monitor and manage the availability of stock:
- Manage stock flow through Distribution Centre, resolving any issues that arise
- Manage the set up of presentation stock
- Identify and regularly review potential suppliers and negotiate commercially viable contracts
- Build and maintain effective working relationships with suppliers
- Analyse Suppliers’ delivery performance and, in conjunction with the Buyer, take appropriate actions
- Contribute to future supplier strategies
- Measure products’ performance against agreed quality standards and take necessary action with suppliers
- Negotiate and manage the recovery of supplier contribution
- In conjunction with Human Resources ensure the selection of high calibre individuals
- Manage the performance of the team, setting objectives, giving regular feedback and addressing poor performance
- Provide training and development to staff, managing and promoting the Buying and Merchandising Development Programme and coaching staff in core technical and managerial skills
- Ensure effective communication at all levels, to include communicating the Company/Brand/Departmental strategy in addition to operational priorities
- Encourage an environment of open communication within the team and the building of effective cross functional relationships
- Guide and drive development of Merchandising department and function
- Implement and manage core business objectives through team direction
- Deputise in the absence of Head of Merchandising
- Develop and manage the company training manual and programme for Merchandising
- Monitor and maintain compliance at all time with health and safety requirements
- To participate in projects and working parties, or to carry out any other duties that may be outside the standard remit, that will benefit the individual, the Brand or the Company as a whole
Please apply directly to Michelle Fergusson at Hays retail quoting REF: MFN ASAP!
