Senior Supply Pricing Manager

Farfetch

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Job Details

Job title

Senior Supply Pricing Manager, Farfetch

Location

London, United Kingdom

Level

Senior Manager

Function

Strategy & Strategic Planning

Posted

Contract

Full-time, Salary Unspecified

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Job Description

About the Department:

With us, you’ll work at the creative, cutting-edge of fashion. You’ll be part of a new innovative team to spot trends and source the most desired supply through curated boutiques and exceptional luxury brands. Our Commercial team consists of Planning & Analytics, Brand Partnerships, Business Development, Account Management, Strategy, Visual Merchandising, and Category Management. Currently a team of 50+ in total, we have grown extensively over the last 3 years and collaborate with almost every team across the business. From building the initial relationships with our brands and boutiques to making sure that all of our products look beautiful on our site; our team is responsible for optimizing all of Farfetch Group’s supply and the strategy behind it.  

The Role:

You will be responsible for the design and delivery of an integrated and centralized Commission & Incentives Model that is fully optimized to maximize stock growth in the most productive way for Farfetch while continuing to bolster our fashion positioning and balance partner motivations. 

This is a highly cross-functional, high impact role with lots of visibility. It will require coordination across multiple stakeholders across the business including C-level management, product, business development, account management, legal, finance, analytics and data science. 

We are looking for someone with big ideas, who loves solving complex problems in an analytically rigorous way.  The role will suit someone who is looking for an exciting growth opportunity in a fast-paced environment and who wants to make an immediate impact.  

This person will bring a heavy quantitative skill set to the team (the “science”) but also be comfortable working with and embracing, the “art” from our fashion and trend focused teams.     

What you'll do:   

  • Design and deliver the supply pricing strategy and roadmap for Farfetch to meet corporate growth objectives, collaborating with and gaining buy-in from key stakeholders where necessary  
  • Manage and enhance Farfetch’s pricing structures, capabilities, algorithms and policies based on insights from internal and external sources including, but not limited to, supply & demand balance, brand markups and product desirability
  • Work with FP&A and Commercial team stakeholders to carefully manage our “take rate”, ensuring the full costs of different incentives are considered in a holistic manner.   
  • Provide frameworks and recommendations, organize and guide internal and external research to guide/support pricing decisions. Research and track competitor pricing
  • Develop materials and liaise with Farfetch boutique and brand partners to produce clear and persuasive materials around adoption
  • Define and develop various Pricing & Sales Analytics dashboards/reports for standard and ad hoc report requests   
  • Manage a team of pricing analysts, recruiting and retaining world-class analytics talentDesign and deliver the supply pricing strategy and roadmap for Farfetch to meet corporate growth objectives, collaborating with and gaining buy-in from key stakeholders where necessary  
  • Manage and enhance Farfetch’s pricing structures, capabilities, algorithms and policies based on insights from internal and external sources including, but not limited to, supply & demand balance, brand markups and product desirability
  • Work with FP&A and Commercial team stakeholders to carefully manage our “take rate”, ensuring the full costs of different incentives are considered in a holistic manner.   
  • Provide frameworks and recommendations, organize and guide internal and external research to guide/support pricing decisions. Research and track competitor pricing
  • Develop materials and liaise with Farfetch boutique and brand partners to produce clear and persuasive materials around adoption
  • Define and develop various Pricing & Sales Analytics dashboards / reports for standard and ad hoc report requests   
  • Manage a team of pricing analysts, recruiting and retaining world class analytics talent

The Ideal Candidate

Who you are:

  • Extensive experience within consulting or luxury retail planning/forecasting (preferably both). MBA is a plus
  • Excellent planning and organisational skills
  • Ability to influence change in senior stakeholders
  • Exceptional analytical and quantitative problem-solving skills, preferably specific to Pricing
  • Enjoy working in a fast-paced environment, comfortable with (occasional) ambiguity
  • Strategic thinker with an emphasis on operational and commercial excellence
  • You have technical skills for processing and analysing large amounts of data:
    • Excel (required)
    • SQL, R, Matlab (preferred) 
    • Looker (preferred)
  • Project management/planning experience, preferably in retail/digital
  • Experience in growing, running and leading a successful team
  • Understanding of fashion and luxury is a bonus
  • Appreciation that the ‘how’ you work is just as important!

We can’t wait to receive your application. But before you send it to us, here are some helpful tips to make sure your application is as strong as it can be.

  • Have you set out why this role is a good match for your career aspirations and that you have the skills and experience required? We want you to be as clear about your future ambitions as we are and whilst we encourage people to learn, develop and grow, you will need to hit the ground running.
  • Have you checked spelling and grammar? We have high standards and you don’t want to miss out because of something as easily correctable as a typo.

We are committed to equality of opportunity for all employees. Applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage, and civil partnerships.

About Us

Farfetch is the leading global technology platform for the luxury fashion industry. Founded in 2007 by José Neves for the love of fashion, and launched in 2008, Farfetch began as an e-commerce marketplace for luxury boutiques around the world. Today the Farfetch marketplace connects customers in 190 countries with items from more than 48 countries and over 1,000 of the world's best boutiques and brands, delivering a truly unique shopping experience and access to the most extensive selection of luxury on a single platform. Through its business units, which also include Store of The Future, Farfetch Black & White Solutions, Browns, and Stadium Goods, Farfetch continues to invest in innovation and develop key technologies, business solutions, and services for the luxury fashion industry.