Description

Role Purpose:
Manage all aspects of Inventory Management and supply chain activity to ensure excellent availability within the Open To Buy Constraints
Maximise availability and provide statistical analysis to determine the optimum range to achieve YOY growth and full sales potential
Ensures all KPIs are meet for the respective departments responsible for.
Management of markdown spend to ensure all seasonal lines are cleared as needed without impacting GP.
Statistical Analysis of range – monitoring sell through by brand/category.
Management of Critical Path.
Reports to:
Senior Merchandiser
Direct reports:
Assistant Merchandiser- Fashion
Other key relationships:
Buying, Shop Floor, Warehouse, Online
Key Accountabilities:
Production of statistical analysis of previous sales, brands, price points (etc.) to propose generic range architecture of future ranges
Significant input into the range sign off process
Check if the products proposed are commercially viable to range
Formulation of sales forecasts using experience, historic data and product spec’s
MOQ and Minimum Order Value to be checked if commercially viable
Intake plans to be created from the signed off sales forecasts
Place all orders for respective departments
Expediting Orders
Develop relationships with Suppliers / Depot / Shop Floor / On Line team
Complete understanding of Grade A and B lines (in terms of stock, orders, issues, pricing, promos etc)
Regular checking of Grade C and D lines
Compile and communicate proposed sale lines
Monitor and suggest appropriate action during sale
Drive OTIF (On time and in full deliveries)
Order Management – i.e. the orders on the system reflect exactly what stock is due and when
Communication of failed deliveries and actions proposed
Ensure unwanted orders and inventory are cancelled with full communicated to suppliers and buyers
Raise Supplier Compliance Charges
Compile statistical data regarding volume of Supplier Compliance Charges
Allocation parameters set on the system
Maintain availability within defined parameters – highlight future potential issues. Resolve before they become issues
Maintain and report against KPIs (e.g. stock holding, weeks cover, availability, sales forecast accuracy)
Stock queries from Ely resolved within 48 hours
Prepare data for regular reviews with buying, shop floor and VM
Management of Assistant Merchandiser and ensuring they are developing and meeting their KPIs.
Key Challenges (that job holder needs to be able to address):
Failed deliveries
Exceeding the OTB
Poor availability
Excessive proposed ranges
Product and suppliers that are not commercially viable to the F&M business model
Inaccurate sales forecasts
Managing Buyers expectations
Highlighting and proposing actions for non / slow selling lines
Maintaining all KPIs
Prioritising work loads
What does success look like in this role?
Excellent knowledge of Grade A and B products
Good relationships with respective buyer
Good relationships with Key Stake Holders
Can cover for Senior Merchandiser
Positively influencing Assistant Merchandiser’s performance and development
Excellent knowledge of systems
Achieving all KPIs
Good statistical analysis conducted across all SKUs / departments responsible for
Clear concise conclusions drawn from analysis
Proposal of future strategy supported by clear facts and logic
Role Specific Criteria:
Candidates should currently be Merchandisers
They should possess strong analytical skills, highly organised, good communication skills at varying levels, able to multi-task, prioritise accordingly with leadership and coaching as require
We are committed to developing your career and nurturing your talent, regardless of age; disability; gender reassignment; marriage and civil partnership; pregnancy and maternity; race; religion or belief; sex; sexual orientation. We respect and embrace each other's differences, to create a truly inclusive environment.
In the last year alone, our people have been recognised and celebrated, winning awards for their outstanding contributions to Retail, Technology, Global Hospitality & Tourism, Visual Merchandising & Display, Customer Service and Local Community Awards.
In return, we offer:
A competitive salary
A generous store and restaurant discount of up to 40%
25 days holidays pro rata (excluded bank holidays) and an extra day off for your birthday
A fantastic subsidised staff restaurant which uses Fortnum’s ingredients
A range of opportunities to develop and grow personally and professionally
Excellent pension scheme