Senior Merchandising Executive

Overview

The Senior Merchandiser / Merchandiser is responsible for ensuring that products appear in the store at the appropriate time as planned by the principal as well as the merchandising team and in correct quantities. This involves working closely with the merchandising team as well as other departments to accurately forecast sales trends, plan stock levels and monitor market trends. Senior Merchandiser also plays a key role within the organization for maximizing profitability. You are responsible to update and keep track of article movement, analyze sell thru and propose the next action plan, act according to the OTB plan, oversee delivery and distribution of stock and deal with the principal and communicate with operations for feedback. You are not only required to be hands-on with all matters involving merchandising planning, stock allocations & distribution, and coordinate with the Store Operations team and Visual Display team on seasonal launches. Key areas of responsibilities

Able to conceptualize the product categories ranges by seasonally or annually. Provide leadership for staff development to enable achievement of brand merchandising strategies & expansion plans and objectives. Keep track of the overall merchandise mix and sell-through. Have a strong knowledge of the brand’s past, present and future, especially when dealing with the principal and store manager. Analyze aspects of bestsellers and worst sellers, including categories, size, colour, and ensure that bestsellers reach their full potential by placing repeat orders in time, as well as offering similar products in the next buying cycle. Analyze ESS sales (like-for-like) against last year or previous sales in terms of categories, discount structures and quantities sold. Present season collection & trends to the store managers before each buy. Review with superiors before submitting orders to the principal; discount structure and all orders with cost / retail must be approved by a supervisor. Understand competition strategies, pricing, promotions, etc. Provide seasonal product training to the operations team. Manage principal relationships. Seniority level

Mid-Senior level Employment type

Full-time Job function

Business Development and Sales Industries : Retail

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