Friday, 28 February 2014

I've just been assigned two new, exciting tasks.

First, I'm taking responsibility for replenishing our international warehouses. The principle is logical enough: we look at last year's monthly sales and produce a prediction for this year; as we start to receive sales figures, we tweek our forecast; then we send the warehouses a certain number of month's stock, plus a certain percentage of cover. There's a bit of pressure: it can take several months for sea-freights to reach far-away warehouses, so it's important nothing is forgotten or under-forecasted.

The second new duty is reporting on the inventory mix in each of these warehouses. We want to make the inventory more reflective of sales. This involves grouping the stock on hand according to certain attributes (e.g. products that are a certain category, that are in a certain band of sales ranks) and calculating the value of each group. Then we compare our findings to our sales figures and highlight areas of concern. Wholesale teams on the ground will try to tackle these issues and, if my replenishment is good, the inventory will be truer to the business.

So new year, new challenges. I'll have to manage my time well, but it feels good to stretch my merchandising wings!

Weather-wise, my February has been pretty grim. Here's the sort of outfit it made me want to wear: grey with little a beam of sunshine yellow.

Next Two-Part Shoes £30, Sacai Luck Sweater £255, Twig Harry Blanket £98, Bronte Pinstripe Blanket £85, Twig Jessie Blanket £98, French Connection Distressed Jeans £89, Shiseido Luminizing Satin Eye Colour £23.50, Poppy King Vesuvius Liquid Lipstick £22 (soon to be available from Space NK), Nars Larger Than Life Eyeliner £19

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