Planning & Forecasting
Assist with buying planning i.e. budget splits, size curves and ongoing planning of merchandise and forecasting of line/category sales, subsequently accountable for sales / GP margin achievement.
Buying Merchandising
Provide buyers with merchandising plans for range reviews including in-season buys.
With the range selection and grading from the buyers, enter the orders using the right depth/size curve for each style in each door based on historical sales and buyers’ recommendations.
Assess store execution of merchandising plans, recommend optimum space management options (where applicable) based on store trends/category sales performance.
Communicate to concerned departments and stores the merchandising plans.
Constantly follow up with Logistics on stock deliveries/movement in order to respect the merchandising plans.
Supplier Management
Support customer service on the coordination with Brands to receive item Master files, convert them into Beside format & upload into the system.
Support customer service on receiving supplier confirmation, update into the system & inform Line specialist on the same.
Support customer service on reconciling supplier information on Sizes/Size codes/Descriptions/Pre-packs/Minimum & Colors.
Support customer service on sharing and transmitting Sales reports internally and to suppliers.
Stock Management
Support the Retail Merchandiser on maximizing full price sell-through by conducting regular stock consolidations between stores.
Support the Retail Merchandiser on outlining & monitoring promotions/offers in the system.
Define & monitor carry-over items in the system in coordination with the head of B&M.
Support the Retail Merchandiser in planning in-season and end-of-seasons product markdowns in coordination with head of B&M, Retail Ops, and VMs.
Support the Retail Merchandiser on ensuring accurate and timely execution of pricing changes and markdowns.
Manage/maintain stock files accuracy.
Manage/maintain Licenses product tariff files accuracy.
Continuous Improvement
Pro-actively utilize software/systems and identify areas of improvement for further buying efficiency.
Develop with experience to take over buying responsibilities.