Senior Merchandiser
Posted 1 day 2 hours ago by Better Placed Ltd - A Sunday Times Top 10 Employer!
Permanent
Not Specified
Other
Manchester, United Kingdom
Job Description
- Senior Merchandiser
- Ecommerce Retail - lifestyle products (premium)
- Greater Manchester
- Hybrid: 3/2
- £45,000 - £55,000 + Package
We're thrilled to continue our partnership with this innovative eCommerce retailer known for their strong brand standing and commitment to creativity.
This is a brilliant opportunity to join a forward-thinking team as a Senior Merchandiser and play a key role in driving the next phase of growth.
They hold an great reputation in the market for fostering an environment that encourages innovation and creative freedom. With a focus also on individual progression and personal growth.
Following a successful re-brand and proven growth, they are looking to expand their team with some impressive hires and this is next priority for them.
Responsibilities:
- Identify, evaluate, and establish relationships with suppliers for both drop shipping and stock purchases.
- Negotiate favourable terms, including pricing, payment terms, and delivery schedules.
- Work with suppliers on their stock positions to keep our best sellers in stock for us and to negotiate on slow moving lines.
- Support Inventory Planning and Management
- Own the departmental budget by setting and monitoring sales, margin, and profit targets.
- Track and analyse sales and inventory metrics to identify top-performing products and opportunities for improvement.
- Report on and analyse weekly sales reports, reporting back to the business on trends, key lines and stock movement to inform the marketing strategy.
- Develop and implement effective merchandising plans, including product range selection, pricing, and promotions to meet commercial goals.
- Research market trends, competitor offerings, and customer preferences to curate a competitive and appealing product assortment.
- Evaluate the profitability and demand potential of products to align with business goals.
- Regularly update the product portfolio to reflect seasonal trends and customer demand.
- Analyse cost structures to maintain competitive pricing while maximizing profit margins.
- Conduct regular market analyses to adjust product pricing in response to competition and trends.