Junior Buyer Bodycare Lookfantastic - Manchester, United Kingdom - THG

THG

Verified Company

Manchester, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

THG is a fast-moving, global technology business that specialises in taking brands direct to consumers.

Our world-class proprietary tech and infrastructure powers our extensive portfolio of beauty, nutrition and lifestyle brands and is now helping drive exponential growth of our clients' brands globally.

We're powered by a global team of over 10,000 ambitious people around the world. Our culture is fast-paced and entrepreneurial, it's this DNA that has supported our incredible growth.

We're always looking for individuals that can bring fresh and innovative thinking to THG, and play a part in driving the group forward on its exciting journey.

So, if you're ready to take the next big step in your career, challenge yourself every day and evolve with the world around you, THG is ready for you.

Lookfantastic is Europe's No1 Online Destination for Premium Beauty. Our mission is to empower people globally to look and feel fantastic every day. To enable us to do this we have offices across the UK, Europe, America and Australia filled with passionate beauty fanatics who are committed to delivering rapid growth in this exciting industry. We work with over 800 of the world's greatest beauty brands such as MAC, Kerastase, GHD, Tom Ford and YSL to bring our customers the widest offering of beauty products from around the globe. Passion, innovation and commitment are key characteristics in this ever expanding team as we strive to become the Worlds No1 Online._

About the Role

_ Strategy Development:
_
- _Collaborates with their Category Manager & Head of Category to plan, build and execute a strategy for sustainable growth and development of their category._
- _Regular reviews and rationalisation of brands within category as well as conducting regular reviews of ranges within their brands._
- _Keeps up to date with industry/market trends and networking opportunities to help further build brand plans & relationships._

_ Brand Planning:
_
- _Developing brand relationships in line with company values to build a best in market joint business plan and achieve business benefits including market leading promotions, first to market launches, exclusives and investment into promotional & marketing support to maximise performance._
- _Responsible for leading supplier negotiations to maximise margin/profit._
- _Responsible for building, managing and delivering their brand budgets, providing a clear and structured rationale for how each budget is to be achieved given the agreed upon JBP and marketing exposure._
- _Works in close alignment with the site managers & marketing teams across the division to ensure brands are well represented on site._
- _Forms & nurtures strategic brand relationships building strength in relationships with key brand partners to leverage investment opportunities, terms discussions and their global networks._
- _Continuous monitoring and review of category performance to analyse sales patterns, advises teams and ensures appropriate action is taken to unforeseen sales reactions._
- _Arranges (6 months in advance) strategy meetings with brands, devising clear agendas, objectives and working cross functionally beforehand to gather relevant information to prepare a presentation that crafts a meaningful story for each brand meeting and enables a best in class JBP._
- _Monitors satisfaction with all brand partners to ensure best in class delivery._

_ Reporting_
- _Takes responsibility for demand planning by brand alongside merch team to ensure every brand always has the stock needed to maximise budget performance._
- _Manages the selection of a market leading product range, using customer insights and feedback to maximise new product opportunities and range visibility, to create an unparalleled customer experience and maximise sales and profit to achieve KPI's._
- _Manages and accountable for their brand P and L with a clear understanding/ownership of stock in trade, open to buy, aged and overstocks, territory participation, promotional funding, retro agreements and trading margin._

_ Team Development_
- _Develops skills of the team - identifies individual training needs as well as encourages effective teamwork, KPI's setting and communicating clear goals/targets._
- _Motivates team - gives recognition and praise, implementing incentives to drive performance within the team._
- _Provides support to new team members - ensures a full induction is provided and support during the learning process_

_ KPI's_
- _Responsibility for building strength in key strategic brand relationships while delivering sales & profit growth_
- _Brands Sales Growth Target(s) - achieving sales growth in line if not above of budget as defined with your manager._
- _Brands Gross Margin Target(s) - achieving sales growth at an agreed margin rate as defined with your manager._
- _Securing commercial terms improvement across margin, payment terms, marketing investment and purchasing retro's as aligned upon with you