Merchandising Manager

2 weeks ago


Kuala Lumpur, Kuala Lumpur, Malaysia The Supreme HR Advisory Full time

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  • Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
  • 21/10/2022

Company: Agensi Pekerjaan the Supreme HR Advisory Sdn Bhd

Type: Full time

Category: Retail Sales

Job Description

Responsibilities:

  • Merchandise OTB planning & buying
  • Negotiate product cost to ensure competitive product cost.
  • Follow up with supplier to ensure the merchandise delivery on time by monthly basis.
  • Project future buys by analyzing 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 ensure optimal sell-through rates.
  • Control stock flow including ensuring quality and timely stock arrival.
  • Monitor and manage stock allocations to outlets and interpret sales forecasts.
  • Merchandiser planning for all new stock arrivals to stores based on their sales volume, specific market needs, location, spending power, and seasonal buying patterns.
  • Manage inventory levels by planning new buying and replenishment.
  • Monitor aged stocks and move to clearance category.
  • Ensure optimal amount of merchandise mix in stores prior to product launch and sell out to achieve set sales targets.
  • Analyze sales performance including preparing reports and presentations in order to maximize sales opportunity.
  • Monitor and review product margin and make adjustments to maximize revenue.

Requirements:

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

Agensi Pekerjaan the Supreme HR Advisory Sdn Bhd

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