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Merchandise Manager

1 month ago

Kuala Lumpur, Malaysia Al-Ikhsan Sports Sdn Bhd Full time

Profit Maximization: Assist in preparation of budgets, sales and profit targets Monitor performance against plan, taking appropriate action to maximize sales and profit Identifying new business opportunities to grow sales and profit Deliver cost effective supply solutions and achieve maximum full price sales and planned margin Review, propose and implement mark-down activity to reduce terminal stock whilst analyzing action taken on mark-downs to max profit Range Building and Planning: In conjunction with the Buyer, agree a framework with Departmental Management within which a balanced, commercial and profitable range is built Evaluate market and customer information together with historical data and forward trends to develop the department's phased plans Present the range for review achieving senior management agreement Create a range plan to optimise the allocated space and maximise sales and profit density Manage product trialing activity with the Buyer Continuously monitor market activity, through regular competitor shop visits, gathering market intelligence from a wide variety of sources and Bhs store visits, in order to take appropriate commercial action Establish critical path for development and delivery of all product ranges Agree and deliver promotional and marketing plans, optimising sales and profit Develop and agree plans in partnership with the Buyer that achieve sales and profit targets and implement the agreed departmental strategy Inventory/Commitment Management Manage the intake of stock in line with agreed stock levels Plan availability schedule for new and continuity product Exploit use of ratio packs, identifying methods of replenishment which are more cost effective Plan initial allocation of product by grade, including presentation stocks Manage the development of new stock packages Quantification of 'Open to buy' with phased commitment to increase flexibility throughout the season Ensuring commitment is managed in line with Divisional needs Supplier Management Identify and regularly review potential suppliers and negotiate commercially viable contracts Build and maintain effective working relationships with suppliers Analyse Suppliers' delivery performance and, in conjunction with the Buyer, take appropriate actions Contribute to future supplier strategies Measure products' performance against agreed quality standards and take necessary action with suppliers Negotiate and manage the recovery of supplier contribution
Al-Ikhsan Sports Sdn Bhd is Malaysia's No. 1 sports retailer which is primarily involved in the retail of sports footwear, apparel and equipment. Al-Ikhsan Sports was established in 1993, now the business has grown tremendously and currently has over 125 stores located throughout Peninsular Malaysia. PURPOSE The core purpose of Al-Ikhsan Sports is to keep Malaysia fit and active by making sports affordable for all. MISSION Al-Ikhsan Sports mission is to dominate the sporting goods landscape by engaging deeper and creating strong ties over 20 million sports lovers of Malaysia.
Bachelor's or Equivalent