Merchandising Lead

Job Description

· Responsible for the formulation of merchandising strategies and attainment of sales/margin goals at the least inventory

· Ensure 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 market

· Communicate and negotiate with suppliers regarding samples, orders, FOB prices, MOQs and brand building support among others

· Prepare order worksheet (new items / re-order / corporate order) and coordinate with brand and store merchandisers and operations for sampling and buying

· Monitor sell through of products and proactively take action to ensure maximum sales and profit is achieved

· Monitor and assess correctness of current products and make appropriate actions to maximize bestsellers, minimize risks and identify gaps in the market

· Monitor inventory levels and aging and take action to bring them to profitable levels

· Support 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 areas

· Build 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 Head

· Other tasks as assigned