Role purpose
The In-Season Trader plays a critical role within the supply chain, optimising sales, profitability and inventory levels throughout the season through real-time trading decisions. The role monitors sales performance, analyses market trends and collaborates with cross-functional teams to drive sales and maximise the commercial success of the product assortment.
Key duties and responsibilities
- Sales and Inventory Analysis: Monitor daily and weekly sales performance, inventory levels and sell-through rates across product categories, channels and locations. Analyse sales data, market trends and customer insights to identify opportunities and risks.
- Trading Strategy: Develop and execute an in-season trading strategy aligned with overall banner and business objectives. Collaborate with buying, planning and operations teams to adjust inventory levels and promotional activities.
- Inventory Management: Work closely with buying and planning teams to ensure optimal inventory levels across stores and e-commerce channels. Recommend replenishment, transfers and markdowns to minimise stockouts or excess inventory.
- Assortment Optimisation: Analyse the performance of individual products and categories. Recommend assortment adjustments, product substitutions or exit strategies to optimise sales and meet customer demand.
- Manage Inventory Intake: Work closely with supply chain administration to monitor and manage inventory intake from suppliers.
- Market and Competitor Analysis: Stay informed about market trends, competitor activities and customer preferences. Conduct regular competitor analysis to identify opportunities and respond to market changes.
- Cross-functional Collaboration: Work with buying, planning, marketing, logistics and retail operations teams to align trading strategies with overall business goals and drive cross-functional decision-making.
- Seasonal and Weekly Reporting: Prepare and present regular reports on sales performance, inventory metrics and promotional effectiveness. Provide actionable insights and recommendations to senior management and cross-functional teams.
- Continuous Improvement: Stay updated with industry best practices, new technologies and trading methodologies. Identify opportunities to improve trading processes, tools and systems.
KPIs
- Total sales and revenue growth
- GP
- Sell-through rate
- Markdown %
- Stock turnover
- Excess and terminal stock
- DIFOT
Core competencies, knowledge and experience
- Degree or diploma in business, marketing, fashion merchandising or a related field is a plus.
- 2 years of experience in fashion retail trading, planning or a similar role within the fashion industry.
- Strong knowledge of fashion trends and customer behaviour.
- Excellent analytical and numerical skills, with the ability to interpret data and trends.
- Proficiency in planning and inventory management systems. Knowledge of pricing tools and analytics software is a plus.
- Strong business acumen, understanding of retail operations and inventory management.
- Effective communication and interpersonal skills, with the ability to build relationships with cross-functional teams.
- Ability to work in a fast-paced, dynamic environment.
- Familiarity with retail planning, product lifecycle and fashion retail processes is a plus.
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