Assistant Buyer

Ralph Lauren
London, United Kingdom
12 May 2022
05 Jul 2022
Company Description
Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands. At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.

Position Overview
Support the Buying Team / Buying Manager with administrative support to establish the optimum commercial assortment for the Omni channel region, whilst maximizing the financial plan and respecting the category/brand objectives and direction.

Essential Duties & Responsibilities
Key Accountabilities · Collate information to assist in creating the pre-season financial category plan and translate this into a commercial line to support the strategy of the brand. · Effectively support the team in all merchandising activities like assortment definition, selection, development and review. · Help to develop seasonal product assortments in line with required KPI targets (Sales, SKU's, productivity and product trends) · Provide any base work & system setup needed for assortment definition, item definition , pricing and projections at country/store/style level · Define "line-card" of needed units by location/style/sku considering historical analysis, regional insights, market trends, business opportunities plus financial targets. · Create P.O.'s by location for efficient inventory & allocation processing · Setup Availability of Inventory in Market and manage re-buys as necessary. · Track inbound receipts and determine ship mode decisions as necessary. · Monitor allocation & Shipments of merchandise to Wholesale customers. · Support regional teams and business units to minimize challenges and maximize business opportunities. · Regularly evaluate open orderbook to identify gaps in coverage and maximize programs, communicating and updating field and internal partners regularly. · Prepare effective Sell Sheets and presentations for all new product launches to maximize revenue opportunity and channel/distribution coverage objectives. · Help analyze brand/category performance via regular reporting. · Continuously partner with other departments such as sales, supply chain, visual merchandizing and marketing to leverage processes, maximize sales, profit, inventory ownership and elevate overall brand representation. · Work effectively and efficiently within the team and with all interfaces within the company/licensee partners. · Ensuring accurate and timely line and calendar management for each season. · Execute any ad hoc duties as required by the lead

Experience, Skills & Knowledge
· Fluency in English & additional languages is a plus · Understanding of either merchandising, category management or marketing · Operations and project management experience skills
* High proficiency in Excel and PowerPoint
* User level experience in SAP PTP & OTC modules
* Strong organizational and analytical skills
* Able to work on own initiative and to be pro-active
* Strong communicational skills, both verbal and written

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