Merchandising Planner - London, N1C 4AG
Merchandising Planner - London, N1C 4AG, United Kingdom
The A Side: A Day in The Life
UMUK value e-Commerce as a key foundational channel to connect artists and fans. This is a fast-paced role overseeing our merchandise product strategy across the UMG roster. You will be principal merchandiser to help with forecasting, replenishing & suggested promo activity for our merchandise collections across our central and frontline labels and merchandise division.
The business unit manages design & ideation of merchandise and manages a portfolio of ecommerce stores whilst providing a broad scope of services across eCommerce, Tour, VIP, Fan Clubs and Retail.
You will work across the Direct to Consumer (D2C) roster and work closely with the Head of Planning as well as our label CFTS, brand Management, creative, Production and operations. This role is a vital part of the eCommerce growth strategy and will oversee a full merchandise strategy including product trends, analytics, and individual store forecasts.
The B Side: Skills & Experience
You will work closely with our Brand Managers & label Ecomm Product Managers to plan & buy product ranges, manage stock levels & budgets
Analyse our collection ranges looking for trends to forecast out sales, daily unit cadence, stock cover, top up opportunities and profit margins on sales history & growth opportunities
Delve into product KPI’s; clicks, conversion, days online, sell through and PLP position
Communicating with our Store Managers with recommendations for merchandising of stores where we have recently topped up products or if products have high stock & had minimal visibility
Support development of our labels a marketing and promotion calendar and manage planning lifecycle of products
Manage the evergreen merchandising strategy for specific artist stores and collections
Price & SWOT analysis across product types
Factory and supplier visits with the N1C production team
Competitor analysis around; product set, price and promotion
Communicate inventory needs with Senior Director of Ecommerce, label, brand management, supply chain and production teams to plan against upcoming product lines and marketing
Initiate buy - gaining financial approval and processing with in-house creative & production team. Communicate incoming buys and timelines to key stakeholders for each store
Person Specification
Extensive experience within a merchandising role, preferably within the fashion industry
Strong analytical and numerical skills
Strong organizational skills, with ability to successfully prioritize and manage multiple accountabilities simultaneously
Experience with forecasting & demand planning across a high volume of styles & SKUs
Highly proficient within Microsoft Excel pivot tables, vlookups
Good decision making skills
Ability to work well under pressure & manage multiple projects/tasks with competing deadlines
Excellent written and verbal communication and presentation skills
BQ and Looker studio experience desirable
Ability to work within and across multiple cross functional teams, collaborating with a range of commercial and commerce stakeholders
Ability to maintain confidentiality
Strongly proactive - advising labels on buys, replen and promo in a timely fashion to maximise sales
Ability to interact with outside partners and executive management
About UMG UK
We are Universal Music Group UK – the UK’s leading music-based entertainment company. We exist to shape culture through the power of artistry. We help UK artists produce, distribute and promote the most critically acclaimed and commercially successful music to inspire and entertain fans at home and around the world.
Bonus Tracks: Your Benefits
Group Personal Pension Scheme (between 3% and 9%)
Private Medical Insurance
25 paid days of annual leave
Interest Free Season Ticket Loan
Holiday Purchase scheme
Dental and Travel Insurance options
Cycle to Work Scheme
Salary Sacrifice Cars
Subsidised Gym Membership
Employee Discounts (Reward Gateway)
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