Jobs in the Workshop


Merchandiser


Reporting to: Buying & Sourcing Director

Liaising with: Buying Team, Web Commerce Manager & Finance Manager

To apply: Please email: with CV and covering letter



Background

Finisterre is fast growing, award winning, cold water surf brand, committed to making innovative products for cold water surfers around the world. The business model today is predominantly online, with a few key retail locations. This is something we are looking to replicate moving forward, whilst extending our reach through more retail presence and wholesale (including overseas). The brand is now entering an exciting stage of growth and we are looking for a motivated, enthusiastic merchandiser to get involved with the effective management of product in our business. The ideal candidate would have 3-5 years PQE, have a passion for numbers and product, be a strong communicator and be willing to roll up sleeves and get stuck in. It’s a fun place to work.

Objective

To maximise sales through effective range planning and the control of stock, margin, markdown, cover and intake in line with the company objectives.

Duties

Range planning

  • Historical data analysis to establish the seasonal structure, including options plan for the season and price architecture.
  • Forecasts margin / stock commitment and report to Buying & Sourcing Director / Managing Director.
  • Works in partnership with the Buying Team to jointly agree the seasonal direction and manage the critical path.
  • Reviews and agrees proposals with the Buying & Sourcing Director prior to presentation to the Managing Director.
  • Presents the seasonal strategy to the Managing Director.

Planning

  • Plan and deliver the department strategy with the Buying & Sourcing Director
  • Effective WSSI control – planning and forecasting sales, stock, cover, stock turn and profit
  • Mark down planning and management

Range buying

  • Work with the Buying Team to ensure the supplier base is controlled and developed, analysing the recommendations from their team about current and future suppliers
  • Ensuring their own relationships with key suppliers is optimised through regular liaison/visits
  • Work with the Buying Team to ensure the range is being bought on a continuous basis

Range progression

  • Forecast the product rankings
  • Action issues raised in the weekly Trading Meetings

Store & Web planning

  • To work with the Store Manager(s) and Web Commerce Manager to develop the range plan and activity plan for each channel
  • To review each store’s (including web) product mix to maximise sales

 

 

Other Reporting

  • Maintain and publish key commercial documentation (including daily sales, weekly sales, regular management summary of sales, margin, stock and commitment, OTB and trigger dates and ad hoc attribute reporting)

Managing in season

  • Work with the Buying Team to react to the market in season, buying into opportunities and reducing risk; renegotiating terms, cancelling stock where necessary
  • Make regular and productive contact with Regional Controllers, keeping them informed about range direction and development, noting changes to layout etc where appropriate
  • Assess the strengths and weaknesses of individual store performance and take appropriate action
  • Review and agree the reforecast of sales, liaising with the Sourcing & Buying Director, Managing Director & Finance Manager on a regular basis
  • To issue and monitor promotions and end of season markdowns to ensure that these generate levels of sales and profit required within the markdown parameters

Supplier Management

  • Control, Maintain and develop the supplier base on an ongoing basis in order to ensure the supplier base meets your departmental needs.

General

  • To ensure that they are in close contact with the store(s), web, and franchise partners so they are aware of their requirements and product needs
  • To accurately forecast weekly intake and feed this information to the Buying & Sourcing Director.
  • Participate in any other activities or carry out any other duties that may be outside the general remit, which will benefit the individual or business as a whole.