JOB DESCRIPTION
Support merchandising functions for Retail. The role is responsible for contributing to sales and stocks strategy, as well as partnering and maintaining key relationships with principals for stocks in order to maximizes sales and profitability.
- Developing excel reporting structure and process of updating to ensure efficient and timely execution for the team on weekly, monthly and yearly basis.
- Assist superior with budget, margin and sales planning and forecasting by brand, store, category and country.
- Inventory management, forecasting stock position to ensure stock on bestsellers is maintained at an optimal level.
- End of season sales and performance analysis to drive seasonal strategies.
- Exit strategy of product proposal to superior, planning execution and tracking on promotion and end of season markdown events.
- Manage data integrity, ensuring it is accurate and in line with the system and website.
- Assist with regular competitor and market analysis. Reviewing online and in store competition in terms of brands, pricing, visual representation and product mix.
- Collaborate with logistics, planning, ecomm, retail operations, retail brand marketing,visual merchandising, finance, and all relevant departments in order for a seamless merchandising process flow.
- Liaising with suppliers on order deliveries, and invoicing, ensuring these match with the original order placed and highlighting any discrepancies to brand and/or superior relevant departments.
- Manage delivery of stock alongside supply chain logistics team and brands for direct deliveries within agreed timelines.
- Ensuring that purchase orders are created and all system data is maintained accurately.
- Maintain pricing in line with brand and business guidelines accurately for each GCC region country.
- Maintain daily an accurate order table and delivery report in line with the confirmed supplier order for all brands
- Adhoc analysis as and when required.
- Ensuring all orders planned are delivered to stores in a timely manner for launch.
- Monitors and analyses product performance by brand,category, store sales, sell-out, gross margin and turnover and translates insights into key selling points, or category opportunities on a weekly, monthly and quarterly basis.
- Ensures effective inventory management on stock balancing, stock analysis, stock vs sales performance to ensure stock on bestsellers and inventory at stores and online is maintained at an optimal level.
- Attend brand meetings with vendors/suppliers in order to align on merchandising operational flow, sales and inventory data and review of the brand for the business.
- Weekly review on products for consolidation and transfers, replenishment and allocations to support sales.
- Co-ordinate with buyers on new store’s stock builds and prepares and sends orders for new stores before opening date.
- Orderbook update and maintenance on received product information and ensuring accuracy on updates.
People Management
- Works with Manager to Define goals and key performance indicators for each member of the team and ensures effective implementation of the GMG’s performance management process.
- Drives a culture of feedback and coaching in the Business Unit by providing feedback on an ongoing basis, identifying development needs and coaching the employees on the areas of improvement.
- Takes ownership of his/her own learning agenda by identifying development needs in consultation with the manager and agreeing on the individual development plan.
- Keeps abreast of professional developments, new techniques and current issues through continued education and professional growth.
- Drive teamwork mindset between buying & merchandising team.
JOB REQUIREMENT
- Experienced with Business Management or equivalent.
- Degree/Diploma in relevant fields.
- Retail background.
- A minimum of 3 - 5 years Merchandising Experience.
- Written and spoken English is essential.
Additional Skills
- Advanced Excel level.
- MS Office and tools.
- Analytical skills.
Internal Interactions
- Buying Team.
- Store Operations.
- Marketing Department.
- Visual Merchandising function.
- Supply Chain.
- Planning Team.
- Retail Brand Marketing.
- Ecomm Department.
External Interactions
