As our merchandiser, you will be at the forefront of discovering white space, shaping market trends, informing assortments for product-market fit, and maximizing product sell-through.
About FutureStitch: FutureStitch is a leading global textile and technology company. Known for making advanced performance socks, knit shoes, and sleeves, and better known for its large impact in industrial ecological progress and social change. FutureStitch is part of a new generation of companies addressing the needs of people and planet through better product, increased responsibility, and thoughtful ingenuity. Learn more about some of the work we are doing here: https://youtu.be/cSyVK6ZrU-0
Key Characteristics:
Discernment - Eye for quality, style and detail. Able to recognize and appreciate well-crafted products and innovative designs.
Detail Oriented - Keen attention to detail.
Entrepreneurial - Passion for learning and for continuous improvement. Sets initiatives and assumes tolerable levels of risk without constant direction or leadership.
Roles:
Research competition, and marketplace strategies to identify trends, category performance, competitive threats and opportunities to support business decisions.
Analyze business regularly to identify opportunities, provide recommendations on a line architecture to support key business decisions and maximize sales, profitability and inventory and mitigate risk.
Research and analyze system data to create valuable reports, dashboards, and actionable insights including sales, SKU count, efficiency, margin and channel alignment.
Merchandise product assortments according to brand metrics on a seasonal basis
Create visually engaging product assortments taking data and trend into account
Oversee the creation and maintenance of the master line sheet. Ensure accuracy and completeness of the line sheet by regularly updating product information to maintain product line.
Take ownership of the costing process, working closely with suppliers/our factory to ensure product pricing aligns with budgetary constraints and profitability targets
Objectives:
Q2 2024 - Assessment of current margin & profitability models with our current brands
Q3 2024 - Assortment Planning for at least one of our brands SPSU26 seasons
Q4 2024 - End of year assortment performance assessment across all brands
Q1 2025 - Market analysis and assortment planning for at least one of our brands
KPIs:
Margin & Profitability
Assortment Performance
Market & Competitor Analysis
Experience, Skills:
Strength in analyzing data or information - can identify the underlying principles, reasons, or facts of information by breaking down information or data into separate parts in a clear and concise manner
2-4 year's Experience in merchandising
Proven ability to meet deadlines and handle shifting priorities
Requirements
Expert in Microsoft Excel and data analysis. Proficiency in Microsoft Office
Ability to work with confidential information of a privately held company
Ability to work and communicate well with all levels of staff and management