The
Merchandising Manager ensures that the defined merchandise mix is upheld consistent with store concept and monitors flow of merchandise in terms of inventory supply, space allocation, image, display and shelf life among others.
- Duties and Responsibilities
- Merchandise Planning & Buying
Formulates overall sales and product plan for the unit per category ensuring set targets are align with SBU targets- Reviews and approves OTB/purchase budgets and guides merchandising team in formulating the detailed plans for the brands/products per category.
Analyzes product performance, presents evaluation results to Management and recommends effective resolutions for issues- Monitor inventory levels and undertake appropriate measures to ensure that inventory coverage is within mandated levels.
Discusses and coordinates with marketing department on promotions to improve product sell-through
- Discusses and coordinates with brand person on expanding network of distribution for products
Attends trade exhibits and meetings with principals/suppliers as assigned.
- Analyzes current market trends, consumer behavior, competitor product and pricing schemes through market visit, intelligence data and field reports from staff.
Trains new staff and evaluates their performances
- Initiates staff meeting with the Merchandising Team to address concerns, communicate expectations, formulate strategies and assess the progress and timeliness of ongoing programs. (People Management)
Monitors the compliance of staff to company policies.- Manages the operations of the merchandising department
Approves all Purchase Orders ensuring that purchases fall within the set budgets and styles ordered and their prices are suitable for the local market- Approves Price List prepared by ensuring that GM goals are met
Monthly review of sales & inventory performance per brand.
- Clearance of defective/obsolete items
Reconciliation of merchandising initiated sale event sites- Damage and shortage claims from suppliers
MBA or Bachelor's Degree in Business Management, Entrepreneurship, Marketing, or any related course.
At least 5 years work experience in merchandising, marketing, and retail business;
- At least 2 years in a managerial capacity
Oral and Written Communication Time Management
Leadership- Interpersonal Relationship
Analytical and Problem Solving
Financial Analysis- Computer Proficiency (MS Applications, etc.)
- Licenses or Certification
_(if applicable)_
Job Type: Full-time
Schedule:
* Flextime