Pre-season Financial & Strategic Planning
Manage the development of annual, seasonal, monthly and weekly merchandise plans
alongside the Category Manager
Develop pre-season intake plans and recommend purchase/investment quantities and
develop accurate receipt flow forecasts whilst managing target sell through
Reconcile top-down and bottoms-up brand plans to department category plans and
forecasts
Ensure bottom-up budgets fit into plan by price level, category & brand
Communicate comprehensive department financial and product strategies to buying team
for necessary execution.
Range/Assortment Planning
Produce detailed seasonal analysis reports at the end of each season.
ACTIVELY participate in assortment development and review, providing data and analysis to
support decision-making
Undertake comprehensive size analysis for department by product type, ensure that key
finding are implemented for the forth coming seasons buys
In-Season Trading
Analyze historic performance and planned strategies to identify areas of opportunity or
risk
Collaborate on best strategies to address product liabilities and develop action plans to
liquidate in a timely and profitable manner
Analyze & monitor key department measures against business plan periodically
(departmental booked units & value, sales, sales contribution, margin & turnover).
Monitor conversion and views to make sure product is correctly positioned on site
Present the departments performance in weekly trade meetings and highlight any concerns
on category or brand performance to the Category Manager
Analyze sales of dead or aging stock & work with the buying team to manage this
inventory with the supplier. Think outside of the box & provide budget scenarios to encourage
collaboration
Have a clear plan, strategy and direction for own portfolio on a monthly basis and be ready
to report on progress ad hoc, as well as monthly.