Assistant Merchandiser

Fenwick Limited; City Of London; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading independent retail group in London seeks an Assistant Merchandiser. The role involves securing product assortments, collaborating with teams to set trading strategies, and managing systems like WSSI. Candidates need strong analytical skills and financial acumen, along with commercial awareness. This position offers a hybrid working arrangement, benefits including a discount in stores, and additional leave for your birthday.

Benefits

Birthday off as an additional leave

Up to 25% discount in all stores

Perks for various discounts

24/7 GP and wellbeing support

Hybrid working on Thursdays and Fridays

Qualifications

• Strong analytical skills to evaluate data and make recommendations.
• Experience in financial roles related to merchandising.
• Ability to understand market trends and customer preferences.

Responsibilities

• Secure the right quantities and assortment of products in each store.
• Collaborate with Merchandiser and Buying teams to set strategies.
• Manage WSSI systems and track sales, stock, and markdowns.

Skills

Excellent analytical and numerical skills

Demonstrated financial acumen

Good commercial awareness

Developed communication and influencing skills

Good working knowledge of Excel

Ability to make logical decisions under pressure

Excellent time management skills

Innovative and uses initiative

Understanding of merchandising function

Experience in buying/merchandising

Tools

Excel

WSSI's

Job description

Do you want to be part of the evolving Merchandising landscape at Fenwick? Are you looking for a new challenge? If so, we have an exciting opportunity for you to join our Merchandising team as a Assistant Merchandiser in the Home category!, As an Assistant Merchandiser, you'll play a pivotal role in securing the right quantities and assortment of products in each store, at the perfect price point, all to meet our sales and profit targets. Collaborating closely with our Merchandiser and Buying teams, your contributions will encompass setting and managing strategies, streamlining planning and trading, and identifying key trading opportunities that align with our long-term objectives. Your responsibilities will extend to the meticulous management of our systems, particularly the WSSI's. You'll be integral in setting up, maintaining, and regularly updating sales, stock, intakes, and markdowns within these systems. Your analytical prowess will shine through as you continually review data, providing essential recommendations to the Merchandiser and Buying teams, contributing significantly to our strategic decision-making process. Moreover, your adeptness in planning and executing re-orders for continuity ranges will be essential in meeting our sales forecasts and stock targets. As part of the team, you'll actively support the Merchandiser in optimising Open to Buy (OTB) planning, ensuring maximised full-price sell-through and reduced markdowns to enhance stock turnover. Through detailed monitoring of departmental performance metrics, including sales, stock levels, profitability, and promotional activity, you'll provide crucial insights and historical analyses to guide future strategies and enhance our decision-making processes. If you're ready to contribute your expertise in driving profit while minimising risk, this role at Fenwick could be the perfect fit for you!

• Excellent analytical and numerical skills
• Demonstrated financial acumen in previous roles
• Good commercial awareness of the industry
• Developed communication, influencing and relationship skills.
• Good working knowledge of excel and B+M systems - in particular WSSI's, and Stock and Commitment processes
• Able to make logical decisions under pressure
• Able to manage time well to prioritise multiple workstreams/objectives
• Innovative and uses initiative
• Understanding of the purpose of a merchandising function
• Experience within a buying/merchandising function

Company Overview

Fenwick is rich with heritage and history and have been style pioneers since 1882 when our first store opened. We know luxury and are proud to remain the largest independent, family-owned group of department stores within the UK. We are on an exciting journey to exceed our customers' expectations and we are always on the lookout for new talent to join us. Our collaborative spirit unites a workforce of over 2,000 individuals across our stores, as well as in our support functions, encompassing Digital, Buying & Merchandising, IT, Finance, People, Customer Service teams, and our cherished restaurants and distribution centres. In 2023 we launched our 'Quiet No More' campaign, enhancing our presence on the UK high street as well as our eCommerce website going from strength to strength. Together, we form the beating heart of Fenwick, driving forward our vision for excellence and innovation. Join us as we pave the way toward an even brighter tomorrow, where tradition meets transformation!

Benefits

• Your birthday off as an additional day annual leave - this can be taken any day within your birth month.
• Up to 25% discount in all Fenwick stores and fenwick.co.uk.
• 'Perks' - a great way to get Retail, Leisure & Hospitality discounts, exclusive deals, and cashback on a wide range of products.
• WeCare -24/7 GP, wellbeing advice & support service
• Hybrid Working (Every Thursday and Friday working from home)