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Strategic Merchandise Manager

1 month ago

Subang Jaya, Selangor, Malaysia Hunters International Sdn Bhd Full time
About the Opportunity

Hunters International Sdn Bhd, a leading Korean convenience store chain, seeks an accomplished Merchandising, Senior Manager to spearhead their retail strategy.

Key Responsibilities:
  • Product Strategy & Category Management
    • Develop and execute merchandising strategies for all product categories to optimize sales and profitability.
    • Analyse market trends, customer preferences, and sales data to curate the product range.
    • Manage seasonal, promotional, and special event assortments in line with market demand.
    • Craft seasonal plans by category and store to maximise profitability and enhance brand presence.
    • Ensure consistency of product availability across all stores.
  • Supplier / Vendor Management
    • Build and maintain strong relationships with suppliers / vendors.
    • Negotiate favourable terms, pricing, and promotional opportunities with suppliers.
    • Monitor supplier performance and ensure timely delivery of products.
  • Inventory Management
    • Oversee stock levels and manage inventory turnover to minimise waste and stockouts.
    • Collaborate with logistics and store operations to ensure efficient distribution of merchandise.
    • Implement demand forecasting and replenishment strategies.
  • Pricing & Profitability
    • Set pricing strategies that maximise sales and profit margins while remaining competitive in the market.
    • Monitor the profitability of each category and make adjustments to pricing or product mix as needed.
    • Manage promotional pricing and markdowns effectively.
  • Sales & Performance Analysis
    • Analyse sales reports, market trends, and customer feedback to assess the effectiveness of product strategies.
    • Identify underperforming products and categories and implement corrective actions.
    • Provide regular performance updates to management.
  • Store Presentation & Merchandising Standards
    • Work closely with store teams to ensure consistent merchandising displays and standards across all locations.
    • Guide store layout and product placement to enhance customer experience and increase sales.
  • Team Management
    • Lead and develop a team of merchandisers, providing guidance and training to ensure high performance.
    • Coordinate with other departments (e.g., marketing, store operations) to align merchandising efforts with business goals.
  • Compliance & Regulations
    • Ensure all merchandising activities comply with company policies, safety regulations, and legal standards.
    • Stay informed about relevant regulations, including product labelling, health, and safety requirements.
Requirements:
  • Bachelor's degree in Business, Marketing, Retail Management, or a related field.
  • Minimum of 8 years of experience in merchandising, retail management, or a related role, preferably within the convenience store or retail industry.
  • Strong analytical skills with the ability to interpret sales data and market trends.
  • Excellent negotiation and communication skills.
  • Ability to manage multiple projects and deadlines in a fast-paced environment.
  • Leadership and team management experience.
  • Proficiency in inventory management systems and MS Office (Excel, Word, PowerPoint).
Remuneration:

RM 8000 - RM 10,000 per month.