Jr. Merchandiser

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 assignedQualifications:•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