Merchandiser - MFP

Internal use only – Grade E

About us.

We are The Very Group and we’re here to help families get more out of life. We know that our customers work hard for their families and have a lot to balance in their busy lives. That’s why we combine amazing brands and products with flexible payment options on Very.co.uk to help them say yes to the things they love. We’re just as passionate about helping our people get more out of life too; building careers with real growth, a sense of purpose, belonging and wellbeing.

About the role

Responsible for commercial merchandising activities across planning, trading and execution of tasks related to the product lifecycle and commercial planning. Actions have a direct impact on maximising customer satisfaction, sales and profitability through effective commercial and inventory management to achieve overall business objectives and targets.

Key Responsibilities

• Develop and manage Merchandise Financial Plan to support strategic objectives and commercial budgets.
• Construct annual commercial budgets to deliver business objectives.
• Ensure effective stock flow through the business for your department of accountability, by robust planning.
• Create stock profile for your relevant department to support strategic and commercial objective, whilst managing availability targets.
• Manage effective pricing approach throughout the product lifecycle to ensure volume and margin maintained, whilst stocks managed, aligning to the trading plan.
• Manage and optimise the critical path to effectively fulfil merchandise plans.
• Optimise product lifecycle including replenishment with utilisation of the Forecasting application.
• Continual review and improvement of end to end processes and technical scope to deliver consistent best practice and efficiencies throughout.
• Working in collaboration with logistics, operations and sourcing, establish opportunity to increase speed to market. · Identify opportunity within the P&L to reduce cost.
• Leverage data to best inform strategic business insights and relevant application.

Essential knowledge and skills

• Strong commercial acumen
• In depth experience in MFP process and software
• Product knowledge
• Good interpretation and presentation of data delivering insight
• People leadership
• Change Management
• Sustained customer focus
• 3rd Party Business Relationships
• Proven track record of achieving targets
• Highly motivated and willing to self learn
• Attention to detail and accuracy on all aspects of the role are essential

Some of our benefits

• Flexible, hybrid working model
• Inclusive culture and environment, check out our Glassdoor reviews
• £1000 flexible benefits allowance to suit your needs
• 30 days holiday + bank holidays
• Udemy learning access
• Bonus potential (performance and business-related)
• Up to 25% discount on Very.co.uk

• Matched pension up to 6%
• More benefits can be found on our career site

How to apply

Please note that the talent acquisition team are managing this vacancy directly, and if successful in securing this role, you will be required to undertake a credit, CIFAS, Right to Work checks and if a specific requirement of your role a DBS (criminal records) check. Should your application progress we require you to let the team know if there is anything you need to disclose in relation to any of these checks prior to them being undertaken, including any unspent criminal convictions.  

What happens next?

Our talent acquisition team will be in touch if you’re successful so keep an eye on your emails! We’ll arrange a short call to learn more about you, as well as answer any questions you have. If it feels like we’re a good match, we’ll share your CV with the hiring manager to review. Our interview process is tailored to each role and can be in-person or held remotely.

You can expect a one stage interview process after meeting the TA team,

First stage – A one-hour face to face interview with the team.

As an inclusive employer please do let us know if you require any reasonable adjustments.

If you'd like to know more about our interviews, you can find out here.

 Equal opportunities

We’re an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.