Description:
To provide the business with market research, analysis of departmental, range and products performance upon which informed business decisions can be made. To work closely with design and development to target products and ensure that during prototyping, sampling and then production we meet margin requirements – to ensure that the various price points in the ranges are met as well as working with Sales to understand the product, its purpose and the needs are met. Isolate best-selling silhouettes, colours etc. and report on each seasonally.
Responsibilities:
Range Planning
- Compile historical sales analysis to drive commercial decisions on styles and fabrics. Compiling core shapes folders for design to reference. Track competitor activity within the market to build competitor analysis and market research. To work with CEO on building a retail price-engineered model. To work with design on all range planning needs – set the “footprint plans” by category in a graphical format making it easier for Design to understand. Undertake detailed analysis of retail sell thru’s by style, fabric, colour and retail price-points to inform the building of a logical range plan. Attend and be proactive in sketch, prototype and design reviews to ensure margins and prices are within target and flag any problem areas where necessary early on. Ensuring the collection is categorised according to the hierarchy and keep track of the planned vs designed vs sampled style count.
Product
- Become a key contact between design, product development, production and wholesale departments. To maintain a clear inter-departmental communication channel and ensure product information and changes are conveyed to all relevant teams. Take ownership and responsibility of the tracker file used by product development, studio, production and merchandising. Monitor and track costings from product development team at each stage of the development process. Co-ordinate and manage pricing and edit meetings prior to selling period to ensure all products/margins/prices are signed off and are viable for the business. Updating rangeplans with margin and price changes and any relevant documentation prior to these meetings.
Trading
- Manage line list to market – showroom setup and handover to sales – product training, strategy considerations, and all other activities leading to market activity. Create final line list and order forms for wholesale team prior to selling period and ensure updated with any edits and changes throughout selling season. Calculate weighted margins at the end of pricing sign off and after projected buys are entered and communicate information with relevant departments.
- Calculate GBP, Euro, USD and Middle East wholesale and retail pricing and upload to system. Make available DDP RRP price lists for the following regions; UK (GBP), Europe (Euro), USA (USD), UAE (AED), KSA (SAR) and Hong Kong (HKD) and a DDU ROW pricelist
- Ensure financial success of the business by meeting sales and gross profit plans. To provide timely analysis of current performance and be pro-active in interpreting, communication and acting upon results. Work with team to plan and monitor stock allocation to the desired location and category objectives. Review sales and stock position of essentials replenishable product, ensuring both model stocks and warehouse inventory are at the correct levels to maximise sales and turn. Work closely with production to monitor inbound product flow to ensure key lifestyle launch dates are met.
Experience:
- The ideal candidate will be numerate, logical and possess excellent retail math skills.
- Knowledge of Zedonk and Odoo preferred.
- Advanced knowledge of Microsoft Excel and strong computer knowledge for other key business programs.
- Knowledge of the global market and customer profiles.
- Must be able to work across a broad range of products.
- Must have strong communication, follow-up and team orientation.
- Be able to support a collaborative, innovative and results-orientated environment in a cross-functional team.
- Display flexibility, good organisational and prioritisation skills.
- Prima knowledge and experience ideal but not essential.
- Can perform under pressure and operate in a fast-paced environment.