Senior Specialist, FO Trading, Retail
Purpose & Overall Relevance for the Organization:
Achieve our financial objectives through the strategic trading of products across our retail stores and ensure seamless execution at the store level. Optimize inventory management and maximize key financial targets (i.e. net sales, profitability, sell-through and inventory) by leveraging a deep understanding of the complete merchandising process (planning, buying, and trading).
Key Responsibilities:
Strategic Product Trading: Develop and execute effective and accurate product trading strategies across our stores to achieve financial targets, including net sales, discount rates, margin, sell-through, and inventory efficiency.
Optimize Inventory & Sell-Through: Proactively manage inventory levels, track demand and coverage, and adjust assortments/deliveries to maximize sell-through and minimize liquidation.
Manage Product Lifecycle & Pricing: Implement lifecycle strategies, including smart pricing and markdowns, to optimize profitability.
Analyze Performance, Generate Insights, and Report: Regularly review product-level and store-level performance data, identify key trends and insights, develop and present comprehensive reports on trading performance, and recommend actionable strategies for continuous improvement.
Collaborate & Communicate: Partner with planning, buying, VM and store teams, maintaining close communication with store and key stakeholders for efficient trading.
Support Business Growth & Efficiency: Identify opportunities and risks, support marketing activities, and contribute to process improvements in trading.
Process Improvement: Identify and implement improvements to trading processes and tools to enhance efficiency and accuracy.
Key Relationships:
All retail functions (esp. Buying, Sales, VM, Retail Operations)
Retail stores
Supply Chain, Demand Planning, Marketing Operations, Omni Channel Marketing, IT
Knowledge Skills and Abilities:
Good business acumen and analysis skills
Interpersonal and communication skills (for both internal and external)
Advanced skills in MS Office
Ability to work effectively and efficiently as a team under pressure
Result oriented. Prioritizing and completing tasks in order of importance
High execution ability and self-management
Fluent in English
Strong sense of sport & fashion trends
Requisite Education and Experience / Minimum Qualifications:
University degree or adequate education
Minimum 3 years of work experience in retail merchandising, buying, product or retail sales related field.
AT ADIDAS WE HAVE A WINNING CULTURE. BUT TO WIN, PHYSICAL POWER IS NOT ENOUGH. JUST LIKE ATHLETES OUR EMPLOYEES NEED MENTAL STRENGTH IN THEIR GAME. WE FOSTER THE ATHLETE¡¯S MINDSET THROUGH A SET OF BEHAVIORS THAT WE WANT TO ENABLE AND DEVELOP IN OUR PEOPLE AND THAT ARE AT THE CORE OF OUR UNIQUE COMPANY CULTURE: THIS IS HOW WE WIN WHILE PLAYING FAIR.
COURAGE: Speak up when you see an opportunity; step up when you see a need..
OWNERSHIP: Pick up the ball. Be proactive, take responsibility and follow-through.
INNOVATION: Elevate to win. Be curious, test and learn new and better ways of doing things.
TEAMPLAY: Win together. Work collaboratively and cultivate a shared mindset.
INTEGRITY: Play by the rules. Hold yourself and others accountable to our company¡¯s standards.
RESPECT: Value all players. Display empathy, be inclusive and show dignity to all.
adidas celebrates diversity, supports inclusiveness and encourages individual expression in our workplace. We do not tolerate the harassment or discrimination toward any of our applicants or employees. We are an Equal Opportunity Employer.