Responsibilities
•Planning product ranges and preparing sales and stock plans in conjunction with buyers.
•Liaising with buyers, analysts, stores, suppliers and distributors.
•Maintaining a comprehensive library of appropriate data.
•Working closely with visual display staff and department heads to decide how goods should be displayed to maximise sales.
•Producing layout plans for stores, sometimes called 'statements'.
•Forecasting profits and sales, and optimising the sales volume and profitability of designated product areas.
•Planning budgets and presenting sales forecasts and figures for new ranges.
•Controlling stock levels based on forecasts for the season.
•Using specialist computer software, for example to handle sales statistics, produce sales projections and present spreadsheets and graphs.
•Analysing every aspect of bestsellers (for example, the bestselling price points, colours or styles) and ensuring that they reach their full potential.
•Maintaining awareness of competitors' performance.
•Monitoring slow sellers and taking action to reduce prices or set promotions as necessary.
•Gathering information on customers' reactions to products.
•Analysing the previous season's sales and reporting on the current season's lines.
•Making financial presentations to senior managers.
•Accompanying buyers on visits to manufacturers to appreciate production processes.
•Meeting with suppliers and managing the distribution of stock, by negotiating cost prices, ordering stock, agreeing timescales and delivery dates and completing the necessary paperwork.
•Identifying production and supply difficulties and dealing with any problems or delays as they arise.
•Managing, training and supervising junior staff.
Requirements
•Strong analytical and numerical skills to work out budgets and understand sales figures.
•The ability to work under pressure in a dynamic environment and to quickly identify problems and recommend solutions.
•Sound decision-making skills and the ability to plan and prioritise.
•Excellent communication and negotiation skills.
•The capability to work well as part of a team and to build and maintain effective working relationships with a range of people.
•Strong commercial acumen and the ability to understand what will appeal to customers.
•Computer literacy
•Creative flair
•Self-confidence
Retail Merchandiser Recruitment Agency in London, Retail Recruitment Agency in London