Merchandise Planning & Analytics Senior Analyst
Job Description
Established in 1970, Browns Fashion began with an iconic boutique at the heart of London. The brand was acquired by Farfetch in 2015, and today operates its flagship Browns Brook Street store, in Mayfair. and the online commerce www.brownsfashion.com
LONDON
Our London office is located in Old Street, London’s tech hub, and is home to a wide range of teams. Our open space is ideal for collaborative work and sharing ideas. We also have a large outdoor terrace, which is the perfect spot to have a team lunch or host events.
THE ROLE
The role sits in the Browns Pricing & Commercial team within the Merchandising function and is responsible for effectively managing pricing & commercial strategies across all channels aligned to the business goals. The pricing & commercial strategy is critical to contributing to overall group financial targets and we are looking for an analytical & commercially minded candidate with strong attention to detail who can work cross-functionally to manage effective trading and profit targets.
The Pricing & Commercial Analyst will use data to identify, drive and execute pricing & commercial strategies in order to maximise profitability, support business performance and effectively manage sell thru and Browns inventory position. The Pricing & Commercial Analyst should lead and continually seek to optimise pricing & commercial processes with the aim of developing effective and strategic models and ways of working that support achieving our targets. The ideal candidate will be analytical, commercially minded, comfortable working with large data sets and being led by data. The candidate should enjoy working both autonomously and cross functionally to support the strategy set out by the Pricing & Commercial Manager.
WHAT YOU'LL DO
Analytics
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Pre-season: Analysing the prior season’s trade, identifying areas of success and opportunities as lessons learned for the next season, to share with the brand/boutique to support their seasonal planning and secure optimal supply for the Farfetch customer.
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In-season: analyse brand’s trade at a region, category, customer, product level to provide action-driven performance insights to identify opportunities for maximising sales.
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Support Farfetch commercial trade meetings by supplying relevant insights and updates on brand and category performance.
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Develop dashboards and automated reports (working with our BI team) to keep track of sales and stock performances at different levels (brand, category, regions..)
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Support strategic initiatives such as our next day delivery program, guiding brands on the right products for the program.
Planning
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Support the Business Plan process: you will provide annual forecasts and stretch levers to reach and exceed sales targets, using excel models and other analytical techniques. Your forecasts will also support internal financial planning and budgeting processes.
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Develop tracking tools to be able to understand our sales position vs projection and influence dedicated actions to be taken accordingly.
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Provide recommendations for OTB planning for specific brand partners and boutiques
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Monitor stock to make sure is in line to reach targets and unlock constraints
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Provide ideal assortment sizes and quality for key initiatives such as exclusive capsules, next day delivery and other strategic initiatives, incorporating unconstrained demand, pricing scenarios and channel dynamics.
WHO YOU ARE
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Experience working in merchandise Seasonal Demand & Supply Planning and Analytics or Consulting, ideally in the industry.
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You have great understanding and knowledge of the fashion and luxury industry.
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Excellent planning, analytics, organisational and quantitative problem-solving skills and strong attention to detail.
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Experience in forecasting sales using excel modelling techniques.
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Strategic thinker with an emphasis on operational and commercial excellence, with a focus on actionable insights.
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You have a flexible, approachable attitude with good problem-solving skills
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Comfortable dealing with ambiguity and scoping work focus
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Comfortable working to deadlines in a fast-paced environment
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You have excellent verbal and written communication skills, translating complex analytical findings into presentable formats for cross functional sharing (e.g powerful powerpoint slides).
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You have technical skills for processing and analysing large amounts of data e.g Advanced Excel (required) and SQL (preferred but not essential), experience with a BI Platform for data extraction and visualisation e.g. Power BI, Looker or similar, experience with Powerpoint
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Pride in quality of work and collaborative mindset.
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Understanding that the ‘how’ you work is just as important!
REWARDS & BENEFITS
• Employee Pension Scheme
• Flexible Benefits Program
• Health Insurance & Critical Illness cover
• Flexible work environment (3 days a week in office, 2 days WFH)
EQUAL OPPORTUNITIES STATEMENT & SCAM DISCLAIMER
• EQUAL OPPORTUNITIES STATEMENT- Farfetch is an equal opportunities employer ensuring that all applicants are treated equally and fairly throughout our recruitment process. We are determined that no applicant experiences discrimination on the basis of sex, race, ethnicity, religion or belief, disability, age, gender identity, ancestry, sexual orientation, veteran status, marriage and civil partnership, pregnancy and maternity, or any other basis prohibited by applicable law.
• SCAM DISCLAIMER- It has come to our attention that there may be fraudulent activities involving individuals or organizations falsely claiming to represent Farfetch in order to attract candidates to a SCAM. Please be aware that Farfetch does not conduct recruitment processes through messaging apps or any unofficial communication channels, other than our official careers website. Additionally, Farfetch will never ask candidates for any form of payment during the recruitment process.
Requirements
Department: Farfetch - Commercial
Team: Trading