Reporting to: Merchandiser
Operating Ratio: 60/40 Current / Future
Key Objective: Working alongside the Merchandiser to ensure all products are in the right stores to meet departmental sales, markdown, stock, intake, and profit plans. Serve as a substitute for the Merchandiser in their absence.
Key Responsibilities
Planning
- Review previous season's performance with the Merchandiser and Buyer, capturing lessons learned.
- Assist in creating and presenting the department strategy alongside the Merchandiser and Buyer.
- Review the SMT plan at Buyer Group/Season level annually, applying it at the Category/Season level to meet objectives, with guidance from the Merchandiser.
- Develop quarterly plans at the Category/Season level with the Merchandiser and Buyer to optimize product mix for KPI achievement.
- Ensure the buying aligns with the planned buy.
- Take ownership of the quarterly range plan at the store level in collaboration with the Merchandiser and Buyer.
- Participate in selection meetings with the Merchandiser, Buyer, and suppliers.
- Maintain Line Cards on core styles and take appropriate actions as needed.
Trading
- Review weekly trading performance and KPIs, identifying issues and planning corrective actions for weekly meetings.
- Propose and agree on actions to mitigate risks and maximize opportunities with the Merchandiser and Buyer at category and line levels.
- Document all agreed actions during monthly forecast reviews for relevant categories or departments.
- Attend monthly WSSI meetings with the Merchandiser and Merchandise Manager to approve:
- Sales variance forecasts
- Creation of OTBs
- Management of commitments such as on-time delivery, rebuys, cancellations
- Markdown proposals
- Manage the range plan in-season, reflecting any changes.
- Own the performance of non-organic stores.
- Manage intake at category and line level in collaboration with the team.
- Take responsibility for concept stores.
Teamwork
- Report to the Merchandiser.
- Collaborate with the Merchandise Team.
- Work closely with the Buyer.
- Develop relationships with Store Operations, Visuals, Marketing, DC, etc., as appropriate.
Key Deliverables – Year 1
- Complete all system training courses to utilize the system fully.
- Follow the Merchandise Calendar delivery plans and forecasts.
- Achieve company sales, margins, and stock plans.