Responsibilities:
· Formulates merchandising strategies and oversees successful execution of all tactical site merchandising plans that will help to attain or exceed company revenue and profitability goals.
· Utilizes weekly/monthly reporting data to identify opportunities to improve sales and category performance.
· Ensures 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.
· Monitors and ensures resolvent of order issues by working closely with customer service and warehouse teams.
· Maintains accuracy of product details on website and strategizes plans to maximize bestsellers, minimizes risks and identifies gaps in the market.
· Sources/develops new brands that are in line with the website positioning.
· Ensures healthy inventory levels and aging products and take action to bring them to profitable levels.
· Sets directions through proactive feedback on effectiveness of previous and current merchandise strategies as well as identification of focus, growth and exit areas.
· Builds on product knowledge and category expertise through familiarization with competitor and complement brands' product ranges, pricing and positioning.
· Leads business performance reviews with marketing team to share learnings and insights.
· Prepares product costing for approval on campaigns or other requirements.
· Sets up promotions and manages upload of products on website.
· Identify and support in resolving website technical issues with external vendors.
· Other tasks as assigned.
Requirements:
· Bachelor's degree in Business Administration, Marketing, E-commerce, or related field.
· At least three (3) to four (4) years relevant experience in merchandising, preferably in retail industry.
· Has advanced knowledge in budget, financial statements, strategic marketing and trend forecasting.
· With excellent skills in Merchandising Management.
· Analytical, creative and good in Mathematics.
· Has excellent negotiation skills.
· Amendable to work beyond working hours.
· Amendable to travel locally and internationally when the need arises.