Merchandising Manager
2 weeks ago
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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 DescriptionResponsibilities:
- 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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