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:
o Sales variance forecasts
o Creation of OTBs
o Management of commitments such as on-time delivery, rebuys, cancellations
o 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.
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