Job Purpose
To provide consistent and accurate analytical support to the Merchandising team focusing on covering all retail channels and strategic planning for self-portrait.
Key Responsibilities
Planning
- Responsible for yearly, monthly, seasonal, weekly and daily budgets for the retail channels
- Produce new season OTBs for the retail channels
- Manage order placement with sourcing team to maintain stock levels in season and end of season
- Work closely with Buying to optimize new season buys, optimizing buy depth and size curves
- Plan end-of-season markdown in outlet stores, working closely with Ecom and Warehousing team to clear stock while optimizing revenue
- Responsible for yearly packaging / accessories forecast and manage orders
Trading
- Produce weekly trade reports, measuring performance against plan, against last year and year-to-date
- Continually monitor product and stores performance, taking action to maximize performance
- Quarterly review of sales performance vs budget, re-forecasting as needed
- Review seasonal performance, presenting results and lessons learnt to the business
- Monitor any stock issues, identifying out of stocks and recut recommendations
- Optimize inventory through RTVs, swaps and internal stock moves
Retail stores and outlets
- Partake in initial store opening planning as part of the expansion strategy for both full price and off price
- Conduct regular store visits both locally and regionally
- Manage product assortment and pricing for the outlet stores
- Work closely with Retail Managers to ensure smooth operations of the store
- Manage new season allocations, ensuring timely deliveries and cohesive assortments
- Develop initial allocation and replenishment plans and generate purchase orders to support operational and commercial demand
Team
- Deputize for the Head of Merchandising as needed
- Manage the workload and development of the MAA
Additional Requirements
- Flexible and adaptable approach to operational business needs.
- Needed to be onsite 5 days a week
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