Merchandiser

Primary Objective

• Optimise the profitability of a designated product area.
• Developing a commercial liaison across all interfaces with the Merchandising function within the business

Principal Accountabilities

Budget preparation

• Prepare seasonal buying plans through thorough analysis of historical data and understanding of future trends / activities.
• Set and agree core KPIs with the Buyer in terms of sales stock intake phasing margin stockturn markdown and terminal stock etc.

Range planning

• Translate agreed KPIs (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.
• Maintain effective control of;
• Open to Buy management
• 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

Analysis / Data

• Provide ad hoc analysis in respect of all aspects of the above
• Maintain comprehensive data records for immediate and future analysis

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.

Liaison

• Close working relationship with Buying / QA teams.
• Regular contact with Allocation team / Distribution Centre.
• Regular store visits and liaison with all store focussed departments
• Develop close working relationships with all product related departments to encourage co-operation and achievement of the KPIs.

Personal Attributes

• Commercial awareness (ideally of Poundstretchers product and customer profile)
• Self motivated
• 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 skills
• Displays self confidence and initiative
• Demonstrates effective team working skills
• Hardworking and flexible attitude to work
• Tenacious
• Good numerical and analytical ability
• Takes a proactive approach to learning not reliant only upon company training opportunities

Established in 1981 Poundstretcher is a leading variety discount retailer for quality food toiletries garden essentials andhome-warebrands.

Offering over 5000 products at some of the lowest prices on the high street Poundstretcher stores provide shoppers with an incredible selection of value for money items.

With over 400 stores nationwide across our brands Poundstretcher stocks a huge selection of great value products at competitive prices including cleaning supplies kitchenware bedding bathroom products furniture electric goods childrens toys and so much more. We even have a wide selection of pet care products within our Pet Hut section.

For money-conscious grocery shoppers Poundstretcher also offers great value prices on everyday big brand items such as food toiletries and household goods along with a great range of fantastic seasonal goods.

With Poundstretcher you can be confident that you are getting the best deals making your budget go further without sacrificing on quality or style.

Employing over 6000 people nationwide across the brands chain of outlets Poundstretcher aims to offer great customer service and a quality selection of products at all of our stores across the UK.