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Merchandising and Product Strategy Executive

1 month ago

Subang Jaya, Selangor, Malaysia Hunters International Sdn Bhd Full time

About the Company

  • Hunters International Sdn Bhd is partnering with a fast-growing Korean convenience store chain to find a dynamic individual for a Merchandising Senior Manager role.

Job Responsibilities:

Product Strategy, Selection & Category Management
  • We are looking for someone to develop and execute merchandising strategies for all product categories, ensuring an optimal mix of high-demand, high-margin items.
  • The ideal candidate will analyse market trends, customer preferences, and sales data to curate the product range.
  • They must manage seasonal, promotional, and special event assortments in line with market demand.
  • Crafting seasonal plans by category and store to maximise profitability and enhance brand presence is also key.
  • Ensuring consistency of product availability across all stores is essential.
Supplier / Vendor Management
  • A strong relationship builder, the successful candidate will build and maintain relationships with suppliers/vendors.
  • Negotiating favourable terms, pricing, and promotional opportunities with suppliers is crucial.
  • Monitoring supplier performance and ensuring timely delivery of products is vital.
Inventory Management
  • The ideal candidate will oversee stock levels and manage inventory turnover to minimise waste and stockouts.
  • Collaborating with logistics and store operations to ensure efficient distribution of merchandise is necessary.
  • Implementing demand forecasting and replenishment strategies is also important.
Pricing & Profitability
  • We are seeking someone who can set pricing strategies that maximise sales and profit margins while remaining competitive in the market.
  • Monitoring the profitability of each category and making adjustments to pricing or product mix as needed is essential.
  • Managing promotional pricing and markdowns effectively is vital.
Sales & Performance Analysis
  • The successful candidate will analyse sales reports, market trends, and customer feedback to assess the effectiveness of product strategies.
  • Identifying underperforming products and categories and implementing corrective actions is necessary.
  • Providing regular performance updates to management is also important.
Store Presentation & Merchandising Standards
  • Working closely with store teams to ensure consistent merchandising displays and standards across all locations is essential.
  • Guiding store layout and product placement to enhance customer experience and increase sales is vital.
Team Management
  • The ideal candidate will lead and develop a team of merchandisers, providing guidance and training to ensure high performance.
  • Coordinating with other departments (e.g. marketing, store operations) to align merchandising efforts with business goals is necessary.
Compliance & Regulations
  • The successful candidate must ensure all merchandising activities comply with company policies, safety regulations, and legal standards.
  • Staying informed about relevant regulations, including product labelling, health, and safety requirements, is also essential.