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Watford

    Merchandise Planner - Watford, United Kingdom - Ralph Lauren

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    Description
    Position Overview
    In season forecasting, trading and future season planning, inventory and OTB management, in order to maximise sales and profitability
    Essential Duties & Responsibilities
    Operation/Financial

    • Critically analyses trade reports, and utilises own knowledge to influence forecasting & promotional/MD planning.
    • Influence trade actions that impact Division/channel performance
    • Drives and optimises line card process and communicates impacts to department KPI's to key stakeholders
    • Ensures the department is maximising KPI opps and minimising KPI risks, through successful management of the WSSI.
    • Understands long term sales plans and can translate this into department KPIs.
    • Oversees inventory management process and works cross-functionally, to provide solutions to reach end of season stock targets and average cost turn, communicating KPI impacts to management
    • Uses hindsight assessment to formulate the financial building blocks required for strategy planning.
    • Partners & influences buying counterparts to formulate the department forward strategy, and able to critically assess the risks and opps associated, whilst providing sound solutions
    • Owns OTB process, influencing buying counterparts to meet department KPI's through optimising buying strategies and OTB management, demonstrating flexibility in approach to maximise opportunities
    • Responsible for overseeing seasonal markdowns & communication to stores.
    • Works efficiently & sets department priorities Commercial Awareness
    • Utilises knowledge of brand positioning and market analysis to help shape future strategies
    • Oversees regular store visits and competitor reviews. Team Development
    • To adopt a positive and proactive approach to their own training and development as well as that of their peers.
    • Influences & collaborates with key stakeholders on cross-functional projects & process improvement
    • Coaches and trains team, helping them to acquire the skills & knowledge to be more effective.
    • Regularly reviews team progress towards achieving goals
    • Participates in company initiatives as appropriate.
    • Empowers team wellness & prioritises team psychological safety.
    • Feels confident leading a team and can clearly delegate tasks. Communications & Partnerships
    • Creates and maintains strong working relationships within key stakeholders.
    • Collaborates and informs stakeholders on strategies & business goals.
    Experience, Skills & Knowledge


    • Strong analytical mindset and experienced in using planning and forecasting tools and systems
    • Effective communicator - able to communicate messages clearly and concisely to a variety of audiences
    • Able to work autonomously, results orientated and able to 'think outside the box'
    • Able to demonstrate logical analysis and problem-solving skills.
    • Solution orientated with an entrepreneurial attitude
    • Able to organize, prioritise tasks and manages time well to meet deadlines.
    • Can confidently and respectfully challenge others opinions
    • Demonstrates self-Awareness of their impact on others & seeks feedback on ways to improve.
    • Able to build and maintain productive relationships within team environment.
    • An expert in using Microsoft excel and BI reporting tools.
    • Able to demonstrate resilience and remain positive during challenging periods.
    • Attention to detail.
    • Regularly recognises & praises good work.
    • Leads by example & shows desire to mentor junior members.
    • Desire to have fun at work and an appreciation for product

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