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Merchandising Manager

4 months ago

Seri Kembangan, Malaysia Asia Career Full time

__
- Strategically plan and forecast future product demands in accordance with financial objectives, determining optimal purchasing quantities, frequency, and distribution spread for each brand subcategory.
- Establish Recommended Consumer Price and Targeted Initial & Maintain Product Margins to maximize revenue and profitability.
- Collaborate with the Procurement Department to procure products meeting planned needs, obtaining feedback on product cost, fabric, and quality.
- Evaluate in-season performance and recommend adjustments to achieve sales, margin, and turnover objectives.
- Ensure appropriate stocking of products in stores to optimize sales potential while minimizing lost sale opportunities.
- Analyze product performance using system-generated reports, proposing stock movement, replenishment, consolidation, promotions, or markdowns as required.
- Obtain feedback from retail personnel on customer reactions to new product launches post-release, and compare results with previous season's launches.
- Review product performance reports with inter-departmental members to drive continuous improvement initiatives.
- Maintain close communication with the warehouse to ensure efficient stock allocation and movement.

**Requirements**:

- Minimum of two years' experience in a buying/merchandising role within the retail industry, preferably in fashion retail.
- Excellent analytical skills and meticulous attention to detail.
- Proficiency in Excel and adeptness in analytical techniques.
- Ability to work independently with mínimal supervision and meet stringent deadlines.

**Job Types**: Full-time, Permanent

**Salary**: RM5,000.00 - RM10,000.00 per month

**Benefits**:

- Professional development

**Experience**:

- Merchandising: 2 years (preferred)
- Fashion & Retail: 2 years (preferred)