Jr. Merchandiser

Details of the offer

Responsibilities: Responsible for the formulation of merchandising strategies and attainment of sales/margin goals at the least inventoryEnsure maximize sales potential and profit through manipulating product mix, pricing, margins, coloring, sizing, store distribution and delivery phasing considering historical performance, current brand direction and trends in the marketCommunicate and negotiate with suppliers regarding samples, orders, FOB prices, MOQs and brand building support among othersPrepare order worksheet (new items / re-order / corporate order) and coordinate with brand and store merchandisers and operations for sampling and buyingMonitor sell through of products and proactively take action to ensure maximum sales and profit is achievedMonitor and assess correctness of current products and make appropriate actions to maximize bestsellers, minimize risks and identify gaps in the marketMonitor inventory levels and aging and take action to bring them to profitable levelsSupport the Division Head in setting directions through proactive feedback on effectiveness of previous and current merchandise strategies as well as identification of focus, growth and exit areasBuild on product knowledge and category expertise through familiarization with competitor and complement brands' product ranges, pricing and positioning.Periodically visit the warehouse to check on defective products and recommends appropriate action to be taken to Division HeadOther tasks as assigned Qualifications: Has at least 2-3 years relevant experience in merchandising, preferably in retail industryHas advanced knowledge in budget, financial statements, strategic marketing and trend forecastingWith excellent skills in Merchandise ManagementExcellent written and verbal communication skillsAnalytical, creative and good in MathHas excellent negotiation skillsAmenable to work beyond working hoursAmenable to travel locally and internationally when the need arises


Nominal Salary: To be agreed

Source: Grabsjobs_Co

Job Function:

Requirements

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