Merchandise Category Planner

ASOS.com Ltd, City of Westminster

Merchandise Category Planner

Salary Not Specified

ASOS.com Ltd, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted today, 3 Oct | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 744623f546554ddbb5b8906e600602ef

Full Job Description

As a Merchandise Planner you will be a product category specialist reporting to the Head of Merchandise Planning. You will operate the day to day planning and trading of key categories through careful management of budgets and OTB (open to buy) and supporting the Head of Merchandise Planning in distributing these across the business units. You will work collaboratively with the product teams to agree appropriate levels of budget allocation pre-season, and continually analyse performance to identify opportunities and risk, making recommendations to the business to drive sales and margin. What You'll Be Doing 1. Strategic thinking

  • Delivering against existing strategy by executing deliverables against key milestones:
  • Proposing and managing product category budgets across business units, producing clear budget targets on time with regular review periods
  • Through strategic planning and trading of the category performance, managing intake and OTB allocation to deliver the stock requirements to the business.
  • Providing guidance to product teams of width and depth requirements to meet satisfy customer demand.
  • Providing targets for full price, promotion and markdown to product and channel teams at product category level
  • Providing and interpreting performance analysis and propose actions to capitalise on opportunity and mitigate risk to sales
  • Support the head of merchandise planning in aligning on approach to category and end use management and the delivery of analysis and budget guidance to the product and channel teams
  • 2. Business knowledge
  • Understanding of the business to accomplish team objectives and contribute to department / exec area vision:
  • Delivering in-season trading through recommendations to re-allocate budgets based on customer demand to optimise stock health and increase sales and margin.
  • Using expertise of supply chain and lead times to ensure ASOS remains agile and flexible to changing customer demands through considered allocation of budgets.
  • Incorporating the requirements of channel teams into the product category plans to ensure product requirements at a local level are met.
  • Using analytical data to support decision making and analyse trading patterns and make recommendations for action to be taken to unexpected sales reactions and gaps in budgets
  • 3. Leadership
  • Supporting the Head of Merchandise Planning to make strategic and trading decisions in a fast-paced environment:
  • Providing day to day guidance and council to the Merchandise Analysists to deliver department objectives and support their development.
  • Building strong cross-functional relationships that enable trust and buy-in from product and channel teams
  • 4. Problem solving
  • Analysing facts to make judgements and uses skills and expertise to formulate a detailed action plan:
  • Pre-season & in-season product category plans
  • Commitment, OTB and intake planning
  • Width & Depth guidance
  • Pricing analysis and recommendations
  • Price status planning
  • 5. Impact
  • Providing Head of Merchandise Planning with support in influencing the wider commercial function through guidance and recommendations
  • Revenue and profitability would be a key measure of success
  • Providing analysis and visibility of the end to end performance KPIs at product category level