Poundstretcher is one of the UK’s leading discount retailers with a network of over 300 stores.
PRIMARY OBJECTIVES
Optimise the profitability of a designated product area.
Developing a commercial liaison across all interfaces with the Merchandising function within the business
BUDGET PREPARATION
Prepare seasonal buying plans through thorough analysis of historical data and understanding of future trends / activities.
Set and agree core KPI’s with the Buyer in terms of sales, stock intake phasing, margin, stockturn, markdown and terminal stock etc.
RANGE PLANNING
Translate agreed KPI’s (as above) into a range framework in conjunction with the Buyer
Working with the Buyer to develop commercial ranges within this framework
Establish initial stock intake plans and stock covers within this framework
SELECTION / SIGN OFF
Ensure final ranges as selected meets the targets outlined as above
Jointly with the Buyer to deliver range within the critical path
INTAKE
Plan and control the initial product intake phasing
Plan and control mailer / event availability
STOCK CONTROL
Ensure product delivery is in line with the stock distribution strategy (e.g. sufficient outer cartons to meet allocation requirements)
Facilitate stock delivery to plan through close liaison with Allocation / DC / Stores.
TRADING / IN SEASON MONITORING
Maximise opportunities & minimise risks of the performance of the area by monitoring actual performance versus plan and taking remedial action as necessary.
Intake, despatch, DC & Store stock levels
Accurate forecasting of markdown spend
Terminal stock forecasts
Completion and maintenance of corporate core data / forecasting and statistical tools
COMMERCIAL ACUMEN
Maintain a full and working knowledge of the product, supply chain, competitors and wider retail market to maximise the performance of the product area.
PERSON ATRIBUTES
Commercial awareness (ideally of Poundstretcher’s product and customer profile)
Self motivated and can cope with multiple tasks retaining high level of accuracy
Able to find and extract data and develop a full understanding and awareness of business systems relative to fulfilling the role
Good communication and interpersonal skill with ability to display self confidence and initiative
