- Posted 16 September 2024
- LocationLondon
- Job type Fixed-Term - Full Time
- DisciplineMerchandising
- Reference007802
Merchandiser - Gifting (Maternity Cover)
Job description
Role Purpose:
- Manage all aspects of Inventory Management and supply chain activity to ensure excellent availability within the Open To Buy Constraints
- Maximise availability and provide statistical analysis to determine the optimum range to achieve YOY growth and full sales potential
- Ensures all KPIs are meet for the respective departments responsible for.
- Management of markdown spend to ensure all seasonal lines are cleared as needed without impacting GP.
- Statistical Analysis of range – monitoring sell through by brand/category.
- Management of Critical Path.
Reports to:
Senior Merchandiser
Direct reports:
Assistant Merchandiser- Fashion
Other key relationships:
Buying, Shop Floor, Warehouse, Online
Key Accountabilities:
- Production of statistical analysis of previous sales, brands, price points (etc.) to propose generic range architecture of future ranges
- Significant input into the range sign off process
- Check if the products proposed are commercially viable to range
- Formulation of sales forecasts using experience, historic data and product spec’s
- MOQ and Minimum Order Value to be checked if commercially viable
- Intake plans to be created from the signed off sales forecasts
- Place all orders for respective departments
- Expediting Orders
- Develop relationships with Suppliers / Depot / Shop Floor / On Line team
- Complete understanding of Grade A and B lines (in terms of stock, orders, issues, pricing, promos etc)
- Regular checking of Grade C and D lines
- Compile and communicate proposed sale lines
- Monitor and suggest appropriate action during sale
- Drive OTIF (On time and in full deliveries)
- Order Management – i.e. the orders on the system reflect exactly what stock is due and when
- Communication of failed deliveries and actions proposed
- Ensure unwanted orders and inventory are cancelled with full communicated to suppliers and buyers
- Raise Supplier Compliance Charges
- Compile statistical data regarding volume of Supplier Compliance Charges
- Allocation parameters set on the system
- Maintain availability within defined parameters – highlight future potential issues. Resolve before they become issues
- Maintain and report against KPIs (e.g. stock holding, weeks cover, availability, sales forecast accuracy)
- Stock queries from Ely resolved within 48 hours
- Prepare data for regular reviews with buying, shop floor and VM
- Management of Assistant Merchandiser and ensuring they are developing and meeting their KPIs.
Key Challenges (that job holder needs to be able to address):
- Failed deliveries
- Exceeding the OTB
- Poor availability
- Excessive proposed ranges
- Product and suppliers that are not commercially viable to the F&M business model
- Inaccurate sales forecasts
- Managing Buyers expectations
- Highlighting and proposing actions for non / slow selling lines
- Maintaining all KPIs
- Prioritising work loads
What does success look like in this role?
- Excellent knowledge of Grade A and B products
- Good relationships with respective buyer
- Good relationships with Key Stake Holders
- Can cover for Senior Merchandiser
- Positively influencing Assistant Merchandiser’s performance and development
- Excellent knowledge of systems
- Achieving all KPIs
- Good statistical analysis conducted across all SKUs / departments responsible for
- Clear concise conclusions drawn from analysis
- Proposal of future strategy supported by clear facts and logic
Role Specific Criteria:
- Candidates should currently be Merchandisers
- They should possess strong analytical skills, highly organised, good communication skills at varying levels, able to multi-task, prioritise accordingly with leadership and coaching as require
We are committed to developing your career and nurturing your talent, regardless of age; disability; gender reassignment; marriage and civil partnership; pregnancy and maternity; race; religion or belief; sex; sexual orientation. We respect and embrace each other's differences, to create a truly inclusive environment.
In the last year alone, our people have been recognised and celebrated, winning awards for their outstanding contributions to Retail, Technology, Global Hospitality & Tourism, Visual Merchandising & Display, Customer Service and Local Community Awards.
In return, we offer:
- A competitive salary
- A generous store and restaurant discount of up to 40%
- 25 days holidays pro rata (excluded bank holidays) and an extra day off for your birthday
- A fantastic subsidised staff restaurant which uses Fortnum’s ingredients
- A range of opportunities to develop and grow personally and professionally
- Excellent pension scheme