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.