Merchandising Manager
3 days ago
**Job Summary**:
Responsible in ensuring inventory supply level meet demand and developing strategies to increase sales.
**Responsibilities**:
**Sales forecasting and stock planning.**
- Work with the finance team and PICs of the sales channel to develop sales forecasts.
- Stock level planning to achieve annual and monthly sales forecast
- Work with the finance and production team to create an OTB plan & projection
- Mapping of sales/OTB calendar against design/ product calendar (moving forward, recommend for design/ product calendar to be created based on sales/ OTB calendar
- Monitor and track actual sales vs forecasted sales
- Analyzing product performance and set cadences for product performance
- Create inbound tracker and tracking of inbound vs planned
- Create tacker and tracking of overstock/understock
**Assortment planning.**
- Create assortment & range planning (internal + external) tool
- Set replenishment metrics and create tracking tool
- Work with the fashion and production team to conduct market research, competitor analysis, and review past lessons in order to give insights for range planning
- Suggest pricing for all categories which is competitive and meets margin target and create template for price brand recommendation
**Sales performance review.**
- Conduct periodic sales performance review with relevant departments
- Create retrospective of lessons learnt (Best/ worst performing) and ensure it is communicated and aligned with relevant departments
- Analyzing sales performance and set cadences for sales performance
**Plans for launches.**
- Plan for seasonal and newness launches
- Suggest timing that will help to drive a satisfactory sell-through rate
**Markdown planning**
- Analyse sell-through rate and competitor’s markdown strategy to come up with mechanics for sales and promotions
- Work with the marketing and sales team to ensure all relevant parties are informed and aligned
- Measure effectiveness of markdown and compile lessons for future reference.
- Flag products of markdowns and set markdown metrics (permanent & temporary)
**Job and skill requirement**:
- Bachelor’s Degree in any field
- A minimum of 4-5 year’s experience in Fashion & Merchandising or in any similar role
- Fluent in English (written and spoken)
- NAV and reports tools
- Critical thinker and analytical problem solver
Pay: RM12,000.00 - RM14,000.00 per month
Application Question(s):
- How many experience do you have in Sales forecasting and stock planning?
**Education**:
- Bachelor's (preferred)
**Experience**:
- Merchandising: 4 years (required)
Work Location: In person
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