Merchandising Manager (Cheras)

Merchandising Manager [Merchandiser | High Brand Retail Shop] Cheras~

Responsibilities:

• Merchandise OTB planning & buying
• Negotiate product cost to ensure competitive product cost.
• Follow up with supplier ensure the merchandise delivery on time by monthly basis
• Project future buys by analyze past sales data and sell through rates.
• Planning on forecast order and sales forecast periodically
• Determine the retail price to ensure optimum sales & profits level
• Monitor stock movement and consider markdowns, promotions, price changes or clear outs in order to maximize profit and to ensure optimal sell through rates.
• Control stocks flow including ensuring quality and timely stock arrival.
• Monitor and managing stock allocations to outlets and interpret sales forecast.
• Merchandiser planning for all new stock arrival to stores based on their sales volume, specific market need, location, spending power and seasonal buying pattern
• Manage inventory levels by planning new buying and replenishment.
• Monitor aged stocks and moved to clearance category
• Ensure optimal amount of merchandise mix in stores prior to product launch and sell out to achieve set sales target
• Analyze sales performance including preparing reports and presentations in order to maximize sales opportunity
• Monitor and review product margin and do adjustment to maximize revenue

Requirements:

• For Merchandising, 2 key criteria, has to have experience in planning open-to-buy (OTB) budget and experience in buying bags and accessories.
• Thus, most likely has to be from fashion industry.

Whatapps: +60 14-641 0717