Level 4 -
Helping bring products to market for retailer buying or merchandising teams.
Reference: OCC0683B
Status:
SOC 2020 sub unit groups:
ST0683:
Buying and merchandising assistant - Merchandising assistant
(Level 4)
Ocado, Steinhoff UK Ltd, Superdrug, Arcadia, M&S, Debenhams, JD Sports, John Lewis, Co-operative Group, Sainsburys, Mothercare, Travis Perkins
This occupation is typically found in the retail sector, across a range of different types of companies and employers such as those selling direct to the public/consumer and those selling to trade. It is also found across different types of retail operation, including those who trade from traditional stores, those who are exclusively on-line, and those who operate through a variety of channels.
Buying assistants will support new product selection and development and ensure that these new products are accurately added to the employer’s product portfolio in line with the supplier agreement. They will normally be responsible for the testing and delivery of product samples.
Merchandising assistants collate, distribute and analyse sales and performance reports, identifying trends, trading patterns and highlighting anomalies. They communicate and escalate findings appropriately, supported by a range of business solutions. They may also place supplier orders and maintain product availability across the business and for monitoring products to ensure on time delivery and availability to agreed locations.
Buying and merchandising assistants work collaboratively to contribute to the delivery of department/company sales and profit targets. They will normally report to a more senior member of the buying or merchandising team, this may vary with the size of the employer.
In this occupation, individuals would typically interact with a wide range of internal and external colleagues, including but not limited to, their wider buying and merchandising teams, designers, manufacturers, suppliers, distribution centres, stores, marketing, finance and IT departments. This is normally an office-based role, but may involve remote working, travel to stores, trade fairs, supplier meetings etc.
Ocado, Steinhoff UK Ltd, Superdrug, Arcadia, M&S, Debenhams, JD Sports, John Lewis, Co-operative Group, Sainsburys, Mothercare, Travis Perkins
Monitor the critical path to ensure products are delivered on time
Engage with internal and external functions (such as marketing, PR, distribution, suppliers, supply chain, stores, on-line, sales teams, design teams, product technologists, customers) to deliver product ranges that meet business KPIs and customer needs
Contribute to the continuous improvement of the buying and merchandising processes, responding to sector trends and new ways of working to drive sales and profit
Coach and mentor new colleagues to drive development
Develop and maintain a stakeholder network, to facilitate negotiations to maximise opportunities
Receive and resolve queries and questions from stakeholders (suppliers, designers, packagers, customers) regarding products, process, services, critical path deliverables etc
Manage suppliers and key stakeholders (distribution/warehousing and depots, branches/ stores, online) to ensure stock levels are kept within agreed targets/timelines
Place and manage orders for assigned products, in line with the agreed volume and specification
Assist in producing short to mid-term product range forecasts for intake and delivery
Use current and past data to identify opportunities to improve sales and profit performance, providing reforecasts of stock, delivery dates and cancellations to minimise/maximise financial impact. Provide weekly trading analysis
Assist in the creation of future range building by inputting financial targets and plans and data analysis
Provide orders and line level product forecasts to suppliers. Manage/maintain stock replenishment system to maximise availability and drive sales
This occupational progression map shows technical occupations that have transferable knowledge and skills.
In this map, the focused occupation is highlighted in yellow. The arrows indicate where transferable knowledge and skills exist between two occupations. This map shows some of the strongest progression links between the focused occupation and other occupations.
It is anticipated that individuals would be required to undertake further learning or training to progress to and from occupations. To find out more about an occupation featured in the progression map, including the learning options available, click the occupation.
Progression decisions have been reached by comparing the knowledge and skills statements between occupational standards, combined with individualised learner movement data.
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