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Buyer and Merchandiser

JR United Kingdom

Coventry

On-site

GBP 60,000 - 80,000

Full time

7 days ago
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Job summary

An established industry player is seeking a Buyer & Merchandiser to drive their merchandising strategy and support financial objectives. This role involves sourcing high-quality products, negotiating with suppliers, and analyzing market trends to optimize inventory. The ideal candidate will have experience in fashion eCommerce and a strong analytical background, ready to contribute to a purpose-driven brand's growth. If you're passionate about building a legacy and thrive in a dynamic environment, this opportunity is perfect for you.

Qualifications

  • Minimum of 3 years’ experience in Planning & Merchandising.
  • Strong analytical skills and understanding of retail math concepts.

Responsibilities

  • Build financial merchandise plans and manage product lifecycle.
  • Negotiate contracts and pricing with suppliers.

Skills

Analytical Skills
Negotiation Skills
Communication Skills
Problem-Solving
Retail Math

Education

Bachelor's degree in a related field

Tools

Microsoft Excel

Job description

As a Buyer & Merchandiser, you will set the merchandising strategy to achieve our annual financial plan and forecast sales and inventory weekly to address trends and changes in the market. You will be sourcing high-quality products, building strong relationships with vendors and negotiating the best deals on price, quality, and terms. This is a one-of-a-kind opportunity for the right individual to grow with our company, in scaling a deeply purpose-driven brand into a global legacy.

KEY RESPONSIBILITIES

  1. Build a financial merchandise plan by product category, item, and store that supports the company’s financial objectives.
  2. Sourcing new suppliers.
  3. Negotiate pricing, contracts, and minimum order quantities with suppliers.
  4. Implement and ensure quality control measures are met.
  5. Manage the product lifecycle from sourcing to end-of-life, including forecasting, budgeting, and inventory management.
  6. Utilize historical data and current market trends to support the buying process and deliver the financial plan.
  7. Compile weekly sales, markdown, inventory, and vendor data and provide analysis that supports risks or opportunities to current forecasts.
  8. Interpret trends in order to drive sales and increase merchandise productivity.
  9. Ensure stock levels are sufficient to support sales trends and maximize inventory productivity.
  10. Develop ad hoc reports as needed to drive or react to current and future business.
  11. Collect relevant competitor and market knowledge on products, pricing, trends, and events.

WHAT WE’RE LOOKING FOR

  1. Buyer/Merch experience within Fashion eCommerce preferred.
  2. Bachelor's degree in a related field and a minimum of 3 years’ experience in Planning & Merchandising or an equivalent combination of education and relevant experience.
  3. Seeking to use prior experience to build infrastructure, define and lead the growth of the Merchandising capability at BOXRAW.
  4. Strong analytical/statistical skills including a comprehensive understanding of retail math concepts and formulation of business plans.
  5. Ability to analyze open to buy, develop forecasts, and recommend in-season action to minimize risk.
  6. Excellent negotiation and communication skills.
  7. Use a logical thought process to solve complex problems.
  8. Advanced level Microsoft Excel spreadsheet creation and manipulation.
  9. Ability to work in a high-energy, high-intensity, and rapidly evolving environment.
  10. You understand the nuances of life in a start-up and are happy to roll up your sleeves: no job is too big, or too small.
  11. Here to win. Looking for more than just a 9-6 job. Seeking to be part of growing the company, and to grow with the company.

Applications must include a cover letter, to be considered.

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