28 Nov 2017
12 Dec 2017
Contract Type
Full Time

About Us

Established in 1981, Poundstretcher is the UK’s leading variety discount retailer for quality food, toiletries, garden essentials and home-ware brands. With over 400 stores nationwide, Poundstretcher stocks a huge selection of great value products at competitive prices, including kitchenware, bedding, bathroom products, furniture, electric goods, children’s toys and even pet care products within the brands “Pet Hut” section.

Primary Objective

Optimise the profitability of a designated product area. Developing a commercial liaison across all interfaces with the Merchandising function within the business

Main Responsibilities

Budget preparation

·Prepare seasonal buying plans through thorough analysis of historical data and understanding of future trends / activities.

·Set and agree core KPI’s with the Buyer in terms of sales, stock intake phasing, margin, stock turn, markdown and terminal stock etc. In conjunction with Merchandising Controller

Range planning

·Translate agreed KPI’s (as above) into a range framework in conjunction with the Buyer

·Working with the Buyer to develop commercial ranges within this framework

·Establish initial stock intake plans and stock covers within this framework

Selection / sign off

·Ensure final ranges as selected meets the targets outlined as above

·Jointly with the Buyer to deliver range within the critical path


·Plan and control the initial product intake phasing

·Plan and control mailer / event availability

Stock control

·Ensure product delivery is in line with the stock distribution strategy (e.g. sufficient outer/inner cartons to meet allocation requirements)

·Facilitate stock delivery to plan through close liaison with Allocation / DC / Stores.

Trading / In season monitoring

·Maximise opportunities & minimise risks of the performance of the area by monitoring actual performance versus plan and taking remedial action as necessary.

·Maintain effective control of; open to Buy management Intake, despatch, DC & Store stock levels, accurate forecasting of markdown spend, terminal stock forecasts.

·Completion and maintenance of corporate core data / forecasting and statistical tools

Analysis / Data

·Provide ad hoc analysis in respect of all aspects of the above

·Maintain comprehensive data records for immediate and future analysis

Commercial Acumen

·Maintain a full and working knowledge of the product, supply chain, competitors and wider retail market to maximise the performance of the product area.


·Close working relationship with Buying / QA teams.

·Regular contact with Allocation team / Distribution Centre.

·Regular store visits with members of the Operations Management team and liaison with all store focussed departments

·Develop close working relationships with all product related departments to encourage co-operation and achievement of the KPI’s.

Skills and Qualifications

·Ideally a graduate

·Good numerical and analytical ability

·Commercial awareness and market intelligence


·Can cope with multiple tasks retaining high level of accuracy

·Able to find and extract data and develop a full understanding and awareness of business systems relative to fulfilling the role.

·Good communication and interpersonal skills

·Displays self-confidence and initiative

·Demonstrates effective team working skills

·Hardworking and flexible attitude to work


·Takes a proactive approach to learning not reliant only upon company training opportunities.

Experience within a similar role is essential.

Personal Attributes

·Able to communicate effectively with all levels.

·Inquisitive nature.

·Good Interpersonal skills.

·To be proactive.

·Attention to detail and accuracy.

·Flexible attitude to work.

·Flexible hours including weekend/evening working.

·Strong customer focus and commercial awareness.

·Highly self motivated.

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