Merchandise Planning & Analytics Senior Analyst

at  Farfetch

FARFETCH exists for the love of fashion. Our mission is to be the global platform for luxury fashion, connecting creators, curators and consumers. We’re a positive platform for good, bringing together an incredible creative community made up by our people, our partners and our customers. This community is at the heart of our business success. We welcome differences, empower individuality and celebrate diverse skills and perspectives, creating an inclusive environment for everyone. We are FARFETCH for All.

EQUAL OPPORTUNITIES STATEMENT

• Farfetch is committed to being an inclusive workplace where diversity in all its forms is celebrated. We make employment decisions without regard to race, religious creed, color, age, sex, sexual orientation, gender, gender identity, gender expression, national origin, ancestry, marital status, medical condition as defined by state law, physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, genetic information or any other classification protected by applicable federal, state or local laws or ordinances. If you require special accommodation, please let us know.
  Before Applying
  Through your application, we want to understand the skills and experiences you have that make you the perfect fit for this role and for FARFETCH. We’re passionate about creating the conditions for Farfetchers to grow and develop but we’re also looking for people who can hit the ground running, so make sure to apply for a position where you feel you can thrive

THE ROLE

Within the Merchandising function the Merch Planning & Analytics team owns the planning and the analytics of some of the key supply partners on the marketplace. The goal is to maximise their business on Farfetch by simultaneously contributing to drive total platform topline sales.
Merch Planning & Analytics (MP&A) is involved in:
- End to end seasonal management of 3P channels on the marketplace.Pre-season analytics driving supply optimization on our key brands and boutiques.- Commercial business planning including annual forecasts, scenario modelling and stretch targets to grow the business.- In season monitoring and analysis of sales performance to forecast for external and internal trade purposes.
The team is working closely with other teams within commercial (Brand Partners, Area Managers, Business Development, Commercial Trading, Commercial Planning, Pricing) and with colleagues from BI, Marketing, Operations and catalogue management to build repeatable, scalable tools and processes and drive continual improvement.

WHAT YOU’LL DO

• With the support of your senior colleagues, you will work both on the analytics and on the planning side; within the Merch Planning & Analytics team you will:

On the Analytics side:

• Pre-season: Analysing the prior season’s trade, identifying areas of success and opportunities as lessons learned for the next season, to share with the brand/boutique to support their seasonal planning and secure optimal supply for the Farfetch customer.
• In-season: analyse brand’s trade at a region, category, customer, product level to provide action-driven performance insights to identify opportunities for maximising sales.
• Support Farfetch commercial trade meetings by supplying relevant insights and updates on brand and category performance.
• Develop dashboards and automated reports (working with our BI team) to keep track of sales and stock performances at different levels (brand, category, regions..)
• Initially this role will be focussed on supporting our boutique partnerships, with scope to support on brand partnerships in the future.

On the Planning side:

• Support the Business Plan process: you will provide annual forecasts and stretch levers to reach and exceed sales targets, using excel models and other analytical techniques. Your forecasts will also support internal financial planning and budgeting processes.
• Develop tracking tools to be able to understand our sales position vs projection and influence dedicated actions to be taken accordingly.
• Provide recommendations for OTB planning for specific brand partners and boutiques
• Monitor stock to make sure is in line to reach targets and unlock constraints