Support Merchant in all facets of a multi-departmental business, along with developing and owning the merchandising strategies for a specific department.
FUNCTIONAL RESPONSIBILITIES: Brand:
Track and experience Sydney's attitude and lifestyle.
Sales and Margin:
Partner with Merchant and senior management to manage and analyze business in order to increase sales and profitability and minimize risk and markdowns.
Where applicable; negotiate costs; build and manage time and action calendar for all adopted styles. Attend weekly T&A meetings to review with appropriate Cross-Functional Teams.
Work with teams to conduct seasonal Hindsight review.
Work with Planners and Merchant teams to build 6-month financial plans.
Conduct and lead roll-up meetings where you assign APS's and retails to product. Attend Merchant team post roll-up meeting. Provide appropriate feedback.
Partner with Planners and Merchant teams in the Monthly Business Review (MBR) process.
Manage on-order and receipts to ensure timely delivery and projected inventory and density levels.
Analyze the business and assist the Merchant in all financial areas.
Partner with the Merchant in all strategic planning aspects of the department.
Collaborate with the Merchant on vendor resource, calendar and costing strategies to facilitate production planning.
In collaboration with production, (if applicable), build and maintain vendor relationships with a strategic approach related to business needs, financial plans and projections to deliver quality product
Identify partner/market vendors for development/production. Adhere to strategies that support the vendor structure.
Where applicable, manage fabric commits with vendors. If you have production -- manage in partnership with them
Collaborate with the Merchant in driving the overall direction and performance of a merchandising category or department.
Partner with Merchant to analyze business in order to increase sales and profitability and minimize risk and markdowns
Partner with Merchant in development of assortment strategy for department based on categories of business, price point, fabrication/yarn and vendors
Communicate daily with Vendors to discuss life cycle of garment development, from design detail and trim detail, to final execution.
Stay abreast of Sydney's lifestyle, needs, and the evolution of, through regular and frequent trips to market and stores.
Bring appropriate FL selling reports and samples, along with trend swipe.
Conduct product reviews with Cross-Functional Teams as well as line adopt
Ensure the vision of the product is reflective of the strategies and needs of the business.
Partner with Creative Merchandise Manager and Visual to provide product knowledge for stores.
Manage departmental on-order.
Develop styles in system; create and generate purchase orders.
Track daily receipts and communicate with vendor to ensure timely receipts.
Build an awareness of priorities and requirements of cross-functional team members.
Some travel as needed for store visits
4-Year College Degree Preferred
2-4 years related work experience in Brand Development and Merchandising
Broad-based business acumen with potential to grow to Merchant level
Understanding of vertically integrated retail operations
Strong analytical and strategic thinking skills
Fashion sense to envision and interpret fashion trends
Ability to innovate change through visionary thinking and strategic management
Strong presentation, communication, negotiating and influencing skills
Successful track record for business growth and bottom line results
Understands the competition, target customer, and Brand-specific fashion trends
May assume full responsibility for merchandise category or department to deliver or exceed volume and profit goals