Logo of Huzzle

Home

Matches

Explore

Manage

Merchandising Planner

image

Universal Music Group

27d ago

  • Job
    Full-time
    Mid & Senior Level
  • Sales & Business Development
    Marketing
  • London
  • Quick Apply

AI generated summary

  • You need extensive merchandising experience, strong analytical and organizational skills, proficiency in Excel, knowledge of forecasting, and the ability to collaborate across teams under pressure.
  • You will plan product ranges, analyze sales trends, manage stock, recommend merchandising strategies, oversee marketing calendars, and communicate inventory needs with key stakeholders.

Requirements

  • Extensive experience within a merchandising role, preferably within the fashion industry
  • Strong analytical and numerical skills
  • Strong organizational skills, with ability to successfully prioritize and manage multiple accountabilities simultaneously
  • Experience with forecasting & demand planning across a high volume of styles & SKUs
  • Highly proficient within Microsoft Excel pivot tables, vlookups
  • Good decision making skills
  • Ability to work well under pressure & manage multiple projects/tasks with competing deadlines
  • Excellent written and verbal communication and presentation skills
  • BQ and Looker studio experience desirable
  • Ability to work within and across multiple cross functional teams, collaborating with a range of commercial and commerce stakeholders
  • Ability to maintain confidentiality
  • Strongly proactive - advising labels on buys, replen and promo in a timely fashion to maximise sales
  • Ability to interact with outside partners and executive management

Responsibilities

  • You will work closely with our Brand Managers & label Ecomm Product Managers to plan & buy product ranges, manage stock levels & budgets
  • Analyse our collection ranges looking for trends to forecast out sales, daily unit cadence, stock cover, top up opportunities and profit margins on sales history & growth opportunities
  • Delve into product KPI’s; clicks, conversion, days online, sell through and PLP position
  • Communicating with our Store Managers with recommendations for merchandising of stores where we have recently topped up products or if products have high stock & had minimal visibility
  • Support development of our labels a marketing and promotion calendar and manage planning lifecycle of products
  • Manage the evergreen merchandising strategy for specific artist stores and collections
  • Price & SWOT analysis across product types
  • Factory and supplier visits with the N1C production team
  • Competitor analysis around; product set, price and promotion
  • Communicate inventory needs with Senior Director of Ecommerce, label, brand management, supply chain and production teams to plan against upcoming product lines and marketing
  • Initiate buy - gaining financial approval and processing with in-house creative & production team. Communicate incoming buys and timelines to key stakeholders for each store

FAQs

What is the main responsibility of a Merchandising Planner at Universal Music Group?

The main responsibility is to oversee the merchandise product strategy, including forecasting, replenishing, and suggested promotional activities for merchandise collections across the UMG roster.

What kind of experience is required for the Merchandising Planner position?

Extensive experience within a merchandising role is required, preferably within the fashion industry.

What analytical tools are expected to be used in this role?

The role requires proficiency in Microsoft Excel, including pivot tables and vlookups, as well as familiarity with tools like BQ and Looker Studio being desirable.

Is the role collaborative in nature?

Yes, the role involves working closely with various teams, including Brand Managers, label Ecom Product Managers, and other cross-functional stakeholders.

What skills are considered essential for this position?

Essential skills include strong analytical and numerical abilities, organizational skills, decision-making skills, and excellent written and verbal communication.

Are there any specific software or platforms that the Merchandising Planner should be experienced with?

Experience with Microsoft Excel, and familiarity with BQ and Looker Studio is desirable.

What types of forecasts will the Merchandising Planner be involved in?

The Merchandising Planner will forecast sales, daily unit cadence, stock cover, top-up opportunities, and profit margins based on sales history and growth opportunities.

How does Universal Music Group support diversity and inclusion?

Universal Music Group is committed to embracing diversity of thought and ensuring no applicant or employee receives less favorable treatment based on various attributes. They make adjustments to recruitment and workplaces to be fully inclusive.

What are some benefits offered to employees?

Benefits include a Group Personal Pension Scheme, Private Medical Insurance, 25 paid days of annual leave, an interest-free season ticket loan, holiday purchase schemes, and subsidized gym memberships, among others.

Will the job description change over time?

Yes, the job description is meant to be indicative and may evolve due to the dynamic nature of the business environment.

image

Universal Music Group

We are Universal Music Group, the world’s leading music company.

Entertainment & Media
Industry
5001-10,000
Employees
1934
Founded Year

Mission & Purpose

Universal Music Group (UMG) is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content in more than 60 countries. Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. Universal Music Group's labels include A&M Records, Astralwerks, Blue Note Records, Capitol Christian Music Group, Capitol Records, Capitol Records Nashville, Caroline, Decca, Def Jam Recordings, Deutsche Grammophon, Disa, Emarcy, EMI Records Nashville, Fonovisa, Geffen Records, Harvest, Interscope Records, Island Records, Machete Music, MCA Nashville, Mercury Nashville, Mercury Records, Motown Records, Polydor Records, Republic Records, Universal Music Latino, Verve Label Group, Virgin Records, Virgin EMI Records, as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. UMG's catalog is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). UMG also includes Universal Music Publishing Group, one of the industry's premier music publishing operations worldwide and Bravado, the leading provider of consumer, lifestyle and branding services to recording artists and entertainment brands around the world. Universal Music Group is a Vivendi company.