Career Opportunity
Merchandising Assistant (12 month Student Placement/Internship)
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Company Description
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
To be eligible for this internship, you should either be needing a year in industry to complete your university or college degree, or you demonstrate a considerable interest in starting your career in the fashion and retail industry.
You must have the right to work in the UK and would need to provide it at the Assessment Day if successful in securing an interview.
Please ensure you include a cover letter as part of your application.
Essential Duties & Responsibilities
Operation/Financial
Update reports on a weekly, monthly, and ad hoc basis.
Attends and prepares for weekly trade meetings, over time being able to formulate and deliver a trade message independently.
Provides accurate data to support analysis such as size as: size or colour performance.
Owns the departments line cards, which are style level forecasting documents in excel. Forecasting sales units and the inventory. To ensure it is never out of stock.
Systematically updates seasonal recodes which are the styles we carry from one season to the next.
Owns department stock delivery schedule and communicates updates including early deliveries or delays.
Assists with seasonal markdowns & communication to stores.
Track and monitor Distribution Center (DC) available inventory for the product group, maximizing sales to stock ratios and turn
Execute the release of initial product distributions and in season replenishment to stores
Monitor and ensure full size availability of best sellers, Continuity lines and seasonal products in stores to maximize sell through.
Commercial Awareness
Participate in regular store visits, collating store reports prior and assisting in creating follow up presentations.
To undertake competitor visits on a regular basis and feedback any relevant points.
Training and development
To adopt a positive and proactive approach to their own training and development as well as that of their peers.
Proactively promotes improvements to working practices and systems.
Participates in company initiatives as appropriate
Communications & Partnerships
Creates and maintains strong working relationships within cross-functional teams: Buying, Allocations, RLE (our website team) and the retail store teams.
Liaises with Assortment Planning and Buying partners to review and assist in the formation of the seasonal lessons learnt. Influencing future Buys, using analysis and historical data to ensure commercial decisions are made.
Communicate initial release and replenishment strategies within cross functional team
Participate in cross functional meetings, contributing input on distribution strategies
Experience, Skills & Knowledge
Commercial and Analytical.
Attention to detail.
Able to work on own initiative and be pro-active.
Able to demonstrates logical analysis and problem-solving skills.
Able to organize, prioritise tasks and manages time well in order to meet deadlines
Demonstrates good listening, written and oral communication skills, effectively and clearly communicates.
Able to build and maintain productive relationships within team environment.
Microsoft application skills, particularly Excel.
Show ability or aptitude in retail mathematics and able to learn technical applications quickly.
Able to demonstrate resilience and remain positive during challenging period
