Head of Merchandising

2 weeks ago

Makati City, National Capital Region, Philippines Triumph International Full time

Brand Vacancy title Head of Buying and Merchandising - Philippines Ref 20582 Function Sales Asia City Manila Salary Competitive Closing date 06/07/2024 Description

Triumph is one of the world's largest intimate apparel companies. It enjoys a presence in over 80 countries with the core brands Triumph and sloggi. Globally, the company serves 20,000 wholesale customers and sells its products in more than 2,300 controlled points of sale as well as via several own online shops. The Triumph Group is a member of the amfori Business Social Compliance Initiative (amfori BSCI).

Learn more about Triumph on:

Our Product Management Department in Makati City, Philippines is looking for a

HEAD OF BUYING & MERCHANDISING

PURPOSE OF THE JOB

The Head of Buying and Merchandising is responsible for managing the sales budgets and forecasts for intimate apparel brands. Her job involves overseeing the product portfolio, building brand equity, selecting merchandise for the market, and increasing market share by commercializing consumer insights across all consumer touchpoints.

GENERAL DUTIES AND RESPONSIBILITIES

Drive Sales and Margins:
1. Leads her team to establish product strategies to achieve targets in terms of BQ (Billing Quantity), NS (Net sales), SPM (Sales Profit Margin) and GMIR (Gross Margin Inventory Return)
2. Manage and expand product portfolio based on market growth strategies and regional brand merchandising guidelines.
3. Work with the sales team to drive product/concept launches.
4. Work with the Demand Planning team to ensure stock sufficiency of products.
5. Work with the Marketing and VM team based on launch plans.
6. Collaborate with the Head of Demand to establish and achieve sales budgets and forecasts for Triumph and sloggi brands based on historical data and growth considerations, as outlined in the approved MTP and Commercial plan.
7. Stay current on new brands and trends. Monitor competitors for pricing and product launches.
8. Develop effective promotional campaigns that increase sales while maintaining profitability.

Master data management and system integration for various IT issues and projects
1. Consolidate and verify all data from the team for sales budgeting and stock management. Coordinate between data management and demand planning team.
2. Ensure accurate and precise business analysis and reports to all related parties.

Optimize Product Assortment/Range & New Product Development
1. Optimize product assortments across key touch points to acquire and retain targeted consumers at highest SPM%, NS, & BQ possible and ensure enough range/styles to meet business objectives.
2. Identify current gaps in product assortment.
3. Define coherent price structure and strategies for all assortments.
4. Gather feedback regularly and systematically from SEs and SAs on new product selections & improvements on current products.

Inventory Management
1. Actively manage PLC to keep brand inventory within target SOH.
2. Plan and execute promotions to drive sell-through rates.

Administration and Reports
1. Ensure on-time submission of all reports to the Regional Office and share locally with concerned teams.
2. Follow through the timely administration to ensure the Business Central (BC) system captures the right information (e.g. listing, new material creations, promotion price off, PLC assignment)
3. Be actively involved in the preparation of the budget.
4. Provide regular new product/running products information to the sales, and training team.

Regional Meetings
1. Attend and participate actively in regional meetings to ensure local market interest is well-presented.
2. Ensure new launch feedback is given to the Regional Office for future reference and development.
Leadership
3. Coach and supervise the work of direct report(s) and advance their growth and learning.
Others
4. Any other ad-hoc reports, initiatives, and projects assigned.

Your Responsibilities:

Your ideal profile:

  • 10 years' professional work experience in the field of Product Management, Assortment Planning and Buying Merchandising in Fashion Retail/ Apparel, inclusive of 3 years leadership/ management experience.
  • Proven track record in Buying for Retail channel and experienced in handling large number of SKUs.
  • Excellent interpersonal & communication skills in English and Tagalog.
  • College graduate preferably in Business Management, Marketing, Industrial or its equivalent
  • IT proficiency, strong in excel and knowledge in powerpoint
  • Organized, disciplined, detailed capabilities, responsible, with leadership qualities and a team player.

We offer:

You will never walk alone

As a family owned business with more than 135 years of experience, Triumph embraces diversity throughout our global organization. Currently, our offices are present in over 40 countries across Europe and Asia having many international teams collaborate together every day. Guiding our corporate behaviors are respect and value for our employees, but also Collaboration as one of our key Corporate Competencies, being a core part of our every day working environment.

Make a Difference, together

The future belongs to our children. At Triumph, we want to be proud of our commitment to building a sustainable society and protecting the environment, and we work everyday to ensure our products are manufactured in an sustainable way. This is our vision: We want to be a company that is characterized by responsible leadership and consideration for future generations and that cares for the legacy that we leave behind to our children.

Putting People at the center

At Triumph we are committed to our employees, they represent the foundation for our success. This means that as a company, we are driven to offer great career opportunities in a dynamic fast-paced organization. Our HR function across the globe strives to support our employees in their development, through our Triumph Learning Academy

We continuously strive to recruit new talent, offering them one of the textile industry's most international working environments, excellent conditions and great development opportunities in a company still owned and managed by the founding families. Our headquarters employs people from more than 30 nationalities and as a European company, we are present in many key markets in Europe, like Germany, Italy, France and growing in Eastern Europe. We are proud to have become one of the leading players in Asia very early on, in countries like Japan, China and Singapore, as well as being an employer that people aspire to work for. As a company serving women, we fundamentally believe in gender equality and diversity. Women make up more than 50% of our company's workforce. In the last years, we have had a specific and successful drive to increase the number of women in management.

Triumph is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, colour, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status, or disability.

If you are seeking a great opportunity to develop your career, please send us your CV in English by clicking on Apply.

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