JOB DESCRIPTION
Trader - Kids Wear
Position/ Title : Trader
Function : B & M
Grade : MM5
Reports to : Category Manager
No. of Reportees : None
Location : Service Office
Purpose (The reason why the job exists) :
The essential purpose of this job is to manage the stock and intake of each option within a department throughout its life, ensuring that availability is maintained at all times and in accordance with the assortment plan and to execute agreed actions to maximize the sales and profitability of each option at minimum risk.
Functions :
Strategic Planning :
- To contribute to the development of the divisional Buying and Merchandising strategy and to work within this strategy at all times.
Option Management :
- To contribute to the development of option plans and to maintain the library of option sales trends.
- To work with the Buyer to track progress against the agreed critical path for each option.
- By liaison with, and through influencing suppliers, to progress the availability of product in line with agreed dates and to ensure that contracted intake is re-phased in line with changes to requirements.
- To monitor weekly sales, stock and intake for each individual option within a department and to ensure that future projections are realistic and in line with stock availability.
- Ensure that option level breaking stocks meet plan, and sales are maximized, by pro-actively making fully researched recommendations to the merchandiser and buyer in terms of proposed cancellation, re-buy and re-pricing activity.
- To ensure that agreed re-buys and cancellations are acted upon and to make the appropriate changes to the stock file.
- To ensure that the SKU stock of each option matches its selling ratio and size balancing takes place for repeat buys and flow lines.
- To execute price changes and to raise contracts and purchase orders as necessary.
Supplier Management :
- Produce a regular report of Supplier availability performance, including details of action taken to date, and to suggest ways of improving poor performers.
General :
- To ensure that the buyer is promptly informed of all issues concerning departmental performance.
- To assist the buyer in the preparation of all performance analysis.
- To act as the deputy to the buyer in their absence wherever appropriate.
- To understand the interests of both internal and external customers at all times and to act in their interests at all times.
- As a key member of the team to contribute to, and fully participate in, all regular reviews and presentations.
- To contribute to the development of merchandising processes and best practices.
- To ensure that the agreed personal development plans is achieved.
Competencies / Skills Required Soft Skills required : Analytical skills, numerical reasoning, effective presentation skills, sound financial perspective
System skills required : Excel, PowerPoint, SAP/JDA/MMS / NIFT/Pearl Academy/MBA (Marketing/Finance), any graduate with 2 years experience in Fashion, fair knowledge of Excel.
Preferred Industry : Retail
It Like Retail Merchandiser, stock planning/ managing goods from warehouse to stores. handling multiple stores.
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