Merchandising Manager (Cheras)

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• Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
• 21/10/2022

Company: Agensi Pekerjaan the Supreme HR Advisory Sdn Bhd

Type: Full time

Category: Retail Sales

Job Description

Responsibilities:

• Merchandise OTB planning & buying
• Negotiate product cost to ensure competitive product cost.
• Follow up with supplier to ensure the merchandise delivery on time by monthly basis.
• Project future buys by analyzing past sales data and sell-through rates.
• Planning on forecast order and sales forecast periodically.
• Determine the retail price to ensure optimum sales & profits level.
• Monitor stock movement and consider markdowns, promotions, price changes or clear outs in order to maximize profit and ensure optimal sell-through rates.
• Control stock flow including ensuring quality and timely stock arrival.
• Monitor and manage stock allocations to outlets and interpret sales forecasts.
• Merchandiser planning for all new stock arrivals to stores based on their sales volume, specific market needs, location, spending power, and seasonal buying patterns.
• Manage inventory levels by planning new buying and replenishment.
• Monitor aged stocks and move to clearance category.
• Ensure optimal amount of merchandise mix in stores prior to product launch and sell out to achieve set sales targets.
• Analyze sales performance including preparing reports and presentations in order to maximize sales opportunity.
• Monitor and review product margin and make adjustments to maximize revenue.

Requirements:

• For Merchandising, 2 key criteria: must have experience in planning open-to-buy (OTB) budget and experience in buying bags and accessories.
• Thus, most likely must be from the fashion industry.

Agensi Pekerjaan the Supreme HR Advisory Sdn Bhd