Buying product (50%):
Lead development of pre- season strategies and approve seasonal sales and inventory plans that supports brand objectives and customer financial sales and margin targets
Assist with pre- booking (ranking styles and suggesting estimated units to book in advance of market)
To plan revenue, gross margin amount and unit forecast on an annual basis
Responsible for capturing visuals of landed lines by market at adoption and archiving them
Independently capture and apply deep understanding of market competitors (target consumer, market positioning, and markdown activities) to drive improved performance across all planning responsibilities, from strategy to in- season management
To strategize, develop, and manage long range buying financial plans that support the company’s buying financial targets and brand strategies
Help identify both shared and individual market needs
Sales, Stock, Inventory monitoring (40%):
Regularly reviewing performance indicators, such as sales and discount levels;
Stock management control. Develop requirements and evaluation standards
Partner with marketing and visual merchandising to communicate seasonal direction for a given season
Visit and analyze stores to improve investment and flow strategies based on inventory levels, stock capacity, visual layout and other key components analysis and preparation of competitive market trend information and customer feedback
Recommend suggested retail pricing for franchise and wholesale customers down to the style level for assigned categories; ensure the margin targets are achieved
Analysis and preparation of sales reports
Support in developing short and long term inventory plan
Assist with training the sales team to present and sell products during market week
Work with visual to create effective store presentations
Responsible for capturing visuals of landed lines by market at adoption and archiving them
Support (10%):
Support Brand Manager in request.
