Assistant Merchandising Manager

Job Description

• Source for new products.
• Responsible for product categories allocation.
• Plan merchandise assortment considering category mix and range planning.
• Analyse product pricing strategies and their impact on sales and margins.
• Drive Gross Margin Improvements through negotiations with supplier.
• Liaise with suppliers on promotional activities and prompt delivery of stocks.
• Develop strategies to manage slow-moving products and optimize sell-through rates.
• Develop accurate sales and profit forecasts, and effectively manage budgets to support strategic business objectives.
• Ensure timely replenishment of best-selling items to meet customer demand.
• Manage inventory levels effectively by tracking stock movement, identifying potential stockouts, and optimizing inventory turnover.
• Collaboration with internal stakeholders across different departments to execute the promotion strategies in alignment with the product launches.
• Review and analyze sales reports to identify trends, identify areas for improvement, and develop and recommend strategic initiatives to enhance sales performance.
• Conduct market research to stay current with the market trend and competitor strategies.
• Conduct regular store visits to ensure that Company's merchandising standards are met.
• Plan and execute store promotions for renovations, openings, and closures, managing Back to School (BTS) orders for stores, and supporting offsite events, new store setups to ensure smooth retail operations.
• Assist in Events and Campaigns.
• Assist with merchandising related administrative duties.
• Perform any related duties assigned by the Reporting Officer as it deems fit.

Requirement

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