Junior Merchandiser - Stock Disposal
Job details
Salary £30,500 per annum Discipline Reference024383
N Brown – who we are and why work for us?
N Brown is a leading UK digital retail platform for clothing, footwear, home and technology, headquartered in Manchester and employing over 1,200 people nationwide. Through our strategic retail brands JD Williams, Jacamo and Simply Be and our unique payments offering, we exist to champion inclusivity and serve the underserved. Our customers are our passion, and we take great pride in delivering products that ensure they can look and feel amazing, without compromising on choice, value and accessibility.
We’re committed to building a diverse workforce and creating an inclusive environment that values equality for all. Our vision is that by ‘championing inclusion, we’ll become the most loved and trusted fashion retailer’. Diversity, Equity, Inclusion and Belonging are, therefore, at the heart of our culture.
In May 2024 we were delighted to be named one of The Sunday Times Best Places to Work 2024. We work hard to create a happy and inclusive culture for everyone and we’re so proud to have made this list - as voted for by our very own colleagues!
The role
1. As the Stock Disposal Merchandiser you’ll be tasked in achieving the optimum realisation for terminal stocks via all available channels.
2. Lead in creating future Demand, Stock, Margin and Jobbing forecasts, which you’ll then implement and work towards achieving in season. With the aim of reducing Terminal stocks (last & previous season) in line with the margin & realisation targets that are set.
3. Manage a team, ensuring key tasks are assigned and everyone is clear on the expectation and desired outcomes.
4. In conjunction with the Marketing Team, provide support in trading the range plan, maximising commercial opportunities through effective management of inventory, driving demand and profit.
5. A day in the life of a Junior Merchandiser - Stock Disposal
6. Managing the stock file (to identify trading opportunities or issues).
7. Creating future forecasts of key KPI’s to provide to finance.
8. Lead in reporting on daily/weekly and seasonal trading performance and promotional activity across all channels, delivering against key metrics of sales, % margin and cash profit, and suggesting actions to mitigate risk and maximise stock clearance.
9. Distributing weekly reports on clearance activity vs LY and FC targets. Reviewing stock file to identifying stocks to sell and negotiating on prices. Ensuring records are kept up to date and working with finance to reconcile at year end.
10. Using Power BI and Teradata to run key reporting around key KPI, allowing to monitor stocks, sales and clearance.
11. Lead contact for marketing promotions, to provide promotional messages which target the biggest wins from a clearance perspective in order to achieve forecasts.
12. Use of product and price uploader, ensuring accurate prices across all platforms and ensuring we’re full maximising sales potential.
13. Working effectively with External Customers (Digital Partners, Jobbers & Auctioneers), to ensure realisation is maximised throughout all external channels.
14. To be the main point of contact on the stock disposal team, dealing with core business queries and supporting the teams on critical business processes, such as fragmented stocks.
15. Manage team of 3, ensuring daily and weekly tasks are met in line with hitting planned targets.
What skills and experience will you have?
16. Ability to demonstrate the skills and competencies required for role
17. Strong data and analytical skills
18. Able to work collaboratively across the product and marketing teams
19. Able to work under pressure to react to changing commercial and seasonal requirements
20. Driven & motivated
21. Experience in stock disposal desirable
What’s in it for you?
22. Hybrid working (2-3 days in the office at a minimum)
23. 24 days holiday (+ 8 bank holidays)
24. Annual bonus scheme
25. Enhanced maternity and adoption leave
26. Company pension with up to 8% N Brown contribution
27. Mental Health support both internally and externally, including access to our wellbeing champions and counselling services
28. A range of financial wellbeing support
29. Stream - a financial wellbeing tool that helps you track your pay, access earnings early and manage your money with confidence
30. Colleague discount across all N Brown brands
31. Onsite café with subsidised rates and local restaurant discounts!
32. Life Assurance and Private Medical Insurance
33. Paid volunteer time – all our colleagues can take a full day paid to volunteer for a charity of their choice
Ways of Working
We offer hybrid working which varies across the business depending on the role you’re in. Our Head Office is located in the Northern Quarter in Manchester City Centre. So if you are travelling by train, tram or bus we’re perfectly located, plus we’re surrounded by cool cafes, trendy bars and the best places to eat!