Buying & Merchandising Planning Associate, PFS

Ralph Lauren
Sydney, Australia
22 Jun 2022
24 Aug 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
This is an exciting new opportunity to join the Ralph Lauren family as an Assistant Buyer! We are searching for two experienced fashion merchandisers to join either our Womenswear or Childrenswear department on a permanent full-time basis. The objective of this role is to manage a fashion category to maximize commercial opportunities through the effective management of inventory, driving sales through improved availability and forecasting and reducing mark down and maximizing profit.

Essential Duties & Responsibilities

* Provide weekly summary of key performance indicators within department of responsibility and the wider business, relating to sales, stock, profit, markdown and market insights.
* · Key contact for all analysis relating to department of responsibility and the wider business.
* · Maintain Weekly Stock Sales and Intake forecasts at store level.
* · Give strategic inputs in store allocation, replenishments and manage inventory levels.
* · Key contact for stores on any inventory availability queries and pricing queries.
* · Provide analysis and summary of Markdown and Promotional activity.
* · Effective management of current markdown, promotional and aged inventory.
* · Do frequent store visits to gain understanding on customers and provide feedback on range performance.
* · Take active part in assisting with in-store product training and collating material for product knowledge and styling guide.
* · Collaborate with cross functional teams to improve seasonal performance and drive best practices.
* · Conduct detailed ad-hoc analysis when required on specific products/product groups
* · Provide historical analysis to develop Seasonal planning forecasts for departments of responsibility, create in-depth post season analysis on quarterly basis.
* · Investigate as to how the sale of product or of the store can be increase.
* · Any other ad hoc duties as reasonably requested

Experience, Skills & Knowledge

* Minimum 3 years specific experience in fashion retail merchandising preferably Womenswear or Childrenswear.
* · Advanced planning and analytical skills, including computer skills (Specifically excel)
* · Good judgement and decision-making skills
* · Confidence in suggesting calculated risks
* · Strong customer awareness and understanding
* · Passionate about product, strong market and brand awareness
* · Professional with excellent communication skills
* · Exceptionally organized, methodical and efficient.
* · Time keeping & ability to meet stringent deadlines

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