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