Space NK
Merchandiser - Fragrance & Market Leaders
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If you love beauty, you’re in the right place. As the ultimate curator of over 100 of the most in-demand, highly innovative and boundary-pushing beauty brands, we are the go-to destination for worldwide beauty discovery. Together through our neighbourhood stores, online presence and loyalty scheme, Space NK has built a flourishing community in which to discover beauty. The customer is at the heart of everything we do, and we will always endeavour to offer everything they need to help them explore, experiment, and enjoy our brands.
Merchandiser - Fragrance & Market Leaders
The Merchandiser is responsible for the planning and trading of the department, to deliver sales and stock targets for their area of responsibility, maximising sales, and profit, whilst minimising markdown risk.
Key Skills and Areas of Responsibility:
- Trading levers
- OTB management
- Promotions/markdowns
- Brand relationships
- Team leadership
OTB/Trading:
- Weekly management OTB to ensure intake flow into the business is in line with forecast requirement to drive sales and minimise markdown, proposing actions to mitigate risk and maximise opportunity
- In charge of the weekly order management process, reviewing stock requirements for the department for both replenishment of core and newness.
- Develop and nurture strong working relationship with Brands to maximise sales opportunities and negotiation of RTVs, product swaps etc.
- Accountable for maintaining brand and department availability targets in line with business goals.
- Weekly trade analysis, providing summaries of key performance indicators within departments of responsibility to the B&M team and the wider business, relating to key metrics.
- Being a key contact for marketing/events and executing all deadlines with the support of the wider team
- Ability to challenge and innovate processes and new ways of working.
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Planning:
- Work collaboratively with buying team drive sales and profitability and be aligned on category strategy and execution plan
- Set up and manage department WSSI and report back risks and opportunities to Merch Manager
- Plan and implement replenishment forecasting to drive out accurate orders which align with top line business sales/ stock targets
- Produce lessons learnt analysis to feed into the development of the department strategy.
- Providing brands with long term stock forecasts to guarantee fulfilment of orders.
Promotions:
- Accountable for the overall Markdown and Promotional Management of the Department, to minimise markdown and accelerate sell through whilst protecting margin.
- Working with Trading, Retail, Buying and Marketing departments to deliver the promotional calendar, events and ensuring stock levels support such activity.
Relationships:
- Develop and build strong relationships with cross functional partners internally and with external brands, with monthly touch points.
- Management and development of an Assistant Merchandiser and Merchandise Admin Assistant.
Qualifications, Knowledge and Experience:
Would suit an established Merchandiser with approx. 2 years experience in a similar role. Experience managing luxury and beauty brands is not essential but will be highly regarded. Advanced Excel skills required.
Competencies and Personal Attributes:
- Excellent communication skills and proven experience managing multiple stakeholder groups.
- Analytical with a high level of accuracy and attention to detail, and ability to interpret large datasets and identify key messages within.
- Adaptable, willing to take on new challenges and driven to continually improve.
- Able to handle a fast paced workplace and prioritise as required.
- Strong leadership qualities.
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Please note that only successful candidates will be contacted. All applicants must have the right to live and work in the UK.
If you want to find out more about us, what it is like to work for us, all about our benefits, and our pledges on Diversity, Inclusion and Belonging, please visit our website.
Space NK are an equal opportunities employer.
How We Will Use Your Information
We will use the information you provide to us with your job application to help us process your application for the specific job you have applied for. If you apply speculatively, we will process your application for the job/relevant business area that you detail within your email.
Please note that our current system does not use an automated filtering system.
All applications made via the website, through a third-party website or in-store will be kept on file for a period of 12 months.
This information will be retained and used to assess your suitability to similar positions that may arise in the future, or if the initial vacancy becomes live again during the 12-month period. If you would prefer us to not hold your information on file/ you wish to be ‘forgotten’ if you are not offered a position with Space NK, please email your ‘right to be forgotten’ to our recruitment email address with RIGHT TO BE FORGOTTEN as the title of the email. We will always inform you when we have deleted your application details, otherwise we will treat your application as consent to us holding this information.
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