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The Merchandising team at River Island play a key role in realising the commercial opportunities created by our unique product across all our channels. This is achieved by developing and implementing the multichannel planning and trading strategy for a multiproduct department. The Merchandiser has direct impact on the product offer by channel to fulfil all customer requirements and deliver their department strategy, sales and profit plans. Working closely with their buying counterparts, the Merchandiser ensures that department margin targets are achieved and grows market share whilst maintaining our sustainability commitments. A River Island Merchandiser must successfully drive the performance of the merchandising team.
Job Responsibility:
Develops the department and category strategy for a multiproduct area
Grows sales and profit through successful planning and trading across all channels
Through analysis of current and past performance alongside market data, formulate all opportunities to drive the business across all channels
Creates a forward strategy with the Buyer to deliver company brand briefs and operating plans
Proposes adjustments to immediate and longer-term financial plans, OTB and on order to optimise margin and sales, driving the trading performance of the department by channel
Delivers an option framework to ensure a balanced range by channel
Controls stocks within planned levels and works within agreed markdown targets
Accountable for commitment review by size, maximising sales through availability
Plans sourcing strategies that reduce costs and grows margin with consideration of all external factors, incorporating an understanding of sustainable practices in sourcing and production ensuring the buying team are supported in this to deliver on our sustainability commitments
Strong management of the department critical path with the buyer to ensure timely delivery of product
Plans and delivers the distribution strategy of stock to all channels
Identifies all wholesale opportunities and looks for all opportunities to drive performance
Using all available sources including regular store visits, industry news, sales and margin history, comp shops, identifies risks and opportunities, proposing actions to positively impact performance
Builds cross divisional working relationships and external networks to develop broad perspective and identify future opportunities
Challenges all company working practices where appropriate to improve ways of working
Alongside the Buyer, propose initiatives and acts on opportunities to drive sales and margin, including new product trial strategies
Grows talent within the merchandising team and identify readiness for next role, providing learning opportunities, coaching and mentoring in a timely way to enable everyone to realise their individual potential
Manage a team effectively, setting the direction and objectives to be achieved for your department, ensuring the team is aligned and working towards those objectives, and driving for a high-performance team, providing timely feedback and support to enable each person to work to the best of their abilities, and opportunities for learning and stretch as appropriate within the team
Requirements:
Previous experience as a Merchandiser, or established Junior Merchandiser
Experience in an omni-channel business is highly desirable
Track record of delivering and exceeding sales and margin targets is essential
Track record of identifying and delivering on new product opportunities
Track record of driving strong team and individual performance and engagement
Very strong verbal and numerical reasoning skills
Very strong communication skills
Very strong analytical skills
Very strong attention to detail and accuracy
Skilled at presenting new ideas, flexing style and approach to gain buy-in
Very strong people management, coaching, mentoring and development skills
Very strong interpersonal and collaboration skills, emotional intelligence and self-management
Highly organised, good prioritisation skills
Disciplined and conscientious, results oriented
Tenacious, resilient and adaptable to change
Change advocate with a curious, continuous learning mindset
Forward-thinking, innovative
Passion for the RI brand and customer
Nice to have:
Experience in an omni-channel business is highly desirable
What we offer:
Generous 50% staff discount
Bargain staff shop on site
Discounts, benefits, financial advice, wellbeing solutions through the Retail Trust