Jr. Merchandiser

2 weeks ago

Paranaque City, Calabarzon, Philippines Sonak Corporation Full time

Responsibilities:

  • 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

Qualifications:

  • Has at least 2-3 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 Merchandise Management
  • Excellent written and verbal communication skills
  • Analytical, creative and good in Math
  • Has excellent negotiation skills
  • Amenable to work beyond working hours
  • Amenable to travel locally and internationally when the need arises

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