Description

Job 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
Identify potential future issues and take corrective action before an issue
Heavily influence the strategic direction, department strategy and ranging architecture
Development and coaching of immediate team
Project Management of Ad Hoc events / pop-up shops / opportunities / etc. related to respective area
Reports to:
Director of Merchandising
Posts this job manages:
Merchandisers
Other key relationships:
Buying, Shop Floor, Warehouse, Online, Merchandising Director
Job 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
Sign off sales forecasts
Sign off MOQ and Minimum Order Value
Sign off Intake plans to be created from the signed off sales forecasts
Authorise all orders for respective departments
Track if sales are performing as forecast. If not propose correcting actions
Monitor and understand and issues with expedited orders
Drive 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)
Drive commercial actions need to address the lines in Grade C and D
Propose lines to drop and those requiring price cuts
Compile and communicate proposed sale lines
Monitor and suggest appropriate further action during sale if required
Monitor and report on OTIF (On time and in full deliveries)
Implement necessary measures to drive OTIF
Highlight to the business poor OTIF
Ensure excellent Order Management – i.e. the orders on the system reflect exactly what stock is due and when
Analysis of failed deliveries and take corrective actions
Track unwanted orders and value of inventory that are cancelled
Ensure Supplier Compliance Charges are raised as necessary.
Compile statistical data regarding volume of Supplier Compliance Charges
Work with Suppliers to address and improve Supplier Non-Compliance
Check if allocation parameters make commercial sense
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)
Articulate corrective action for any KPIs that are below target
Monitor and ensure stock queries from warehouse resolved within 48 hours
Ensure warehouse is performing as expected
Highlight any performance issues from warehouse and work with key stakeholders to resolve
Prepare data for regular reviews with buying, shop floor and VM
Ensure suppliers meeting our QVIS (Quality, Value, Innovation and Service) requirements
Coach Assistant Merchandisers and Merchandisers
Key Challenges:
Failed deliveries
Exceeding the OTB
Poor availability
Inaccurate sales forecasts
Managing Buyers expectations
Highlighting and proposing actions for non / slow selling lines
Maintaining all KPIs
Prioritising work loads
Poor performing suppliers
Below standard performance from merchandising team
Success in this role:
Excellent knowledge of Grade A and B products
Plans implemented to rectify Grade C and D
Good relationships with respective Buyers
Good relationships with Key Stake Holders
Can cover for Head of Merchandiser
Excellent knowledge of systems
Excellent influencing and negotiation skills
Exceeding 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
Development of team members
Skills and experience required:
Candidates should currently be Merchandisers or Senior Merchandisers
7 – 10 years’ Merchandising experience would be essential.
They should possess strong analytical skills, drive change, look at different ways of working, strong influencing skills, good communication skills at all levels, leadership, motivational and coaching skills are necessary.
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