Assistant Merchandise Planner - Watford, United Kingdom - Ralph Lauren

Ralph Lauren
Ralph Lauren
Verified Company
Watford, United Kingdom

1 month ago

Tom O´Connor

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Tom O´Connor

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Description
Position Overview

  • Pls note this is a Fixed Term Contract Opportunity for 12 months and ready to start asap.
As an Assistant Merchandiser, you will provide support to the merchandising team. You will be working closely with the Merchandising & Buying teams to provide detailed analysis & accurate forecasting.
Essential Duties & Responsibilities

  • Ensure the financial success of the product group by meeting or exceeding sales, gross profit, and inventory turn goals on an annual basis.
  • Develop assortment plan by class and store for each delivery at an option, cost and unit level based on historical data and current business strategy and financial targets.
  • Work closely with the Merchandiser and buyer to ensure assortment plans are reviewed and updated through the buying process.
  • Ensure assortments are planned to be optimal within store capacities.
  • Report on and analyse department kpi's (options in store, sales per option, no of sizes on a weekly basis, unit depth per option and vear to plan).
  • Assist Buyer in developing the scorecard for future deliveries.
  • Work with cross functional teams to ensure timely and accurate planning of new store openings.
  • Develop knowledge of geographic and store attribute performance and trends through data analysis and field feedback.
  • Manage store stock levels at a class level to ensure an optimal distribution of inventory between doors to maximize sales and profit.
  • Propose stock movements where necessary to optimize inventory to sales ratio.
  • Production of size ratio stock and sales analysis to ensure accurate size ratio buying at a door level.
  • Support Merchandiser in developing sales, margin and inventory budget plans.
  • Support Merchandiser in in season forecasting as required.
  • Assist in production of weekly Monday business reports.
  • Adhoc business reporting
Communications/Relationships

  • Develop and maintain effective working relationships within crossfunctional team (buying, planning, marketing, visual, retail information etc.). In particular this will be the Merchandiser, buyer and assistant buyer team responsible for the product group.
  • Participate in cross functional meetings, contributing input on product mix, inventory levels and current sales and margin forecasts
  • Collaborate with peers to ensure consistency of information, share best practices and develop systems knowledge.
  • Participate in company initiatives as appropriate.
Experience, Skills & Knowledge

  • Able to work on own initiative and to be proactive
  • Able to organize and prioritize; demonstrates logical analysis and problem solving skills.
  • Knowledge of sales/stock ratios, ability to provide strategies to achieve store and product turns.
  • Able to understand distribution strategies and how to execute them.
  • Demonstrates good listening, written and oral communication skills, effectively and clearly communicates.
  • Able to build and maintain productive relationships within team environment.
  • A flexible and proactive approach to business and systems management
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