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.