Merchandise Analyst

2 weeks ago

Manila, Philippines Primer Group of Companies Full time

Overview

The Merchandising Analyst (Supervisor) maintains a commercially balanced and evolving merchandise program; aims to achieve profitability and hastened merchandise movement through effective buying and inventory management.

Duties and Responsibilities
  • Merchandise Planning and Buying
    • Formulates and monitors OTB plan as approved by Merchandising Manager;
    • Supports Merchandising Manager in setting directions through proactive feedback on the effectiveness of previous and current merchandise strategies as well as identification of focus, growth, and exit areas;
    • Puts together a commercially balanced product range reflective of agreed business plans, market positioning and customer profile which may include e.g., SMU, Online exclusives;
    • Communicates and negotiates with suppliers regarding samples, orders, FOB prices, MOQs and brand building support among others.
    • Prepares line plan and works with Channel Merchandiser on distribution strategies and applicable revisions once orders have arrived.
  • Inventory Management
    • Monitors sell through at brand level of products and proactively takes action to ensure maximum sales and profit is achieved.
    • Monitors and assesses correctness of current product mix and makes appropriate actions to maximize bestsellers, minimize risks and identify gaps in the market.
    • Monitors inventory levels and aging and takes action to bring them to profitable levels.
    • Discusses and coordinates with Brand Person on promotions to improve product sell-through.
    • Implements discounting and depletion strategies that are timely and maximizes profit both online and offline.
  • Monitoring and Assessment
    • Handles participation in merchandising initiated sale events and/annual bodega sale.
    • Coordinates with Account Executives on inquiries, orders, stocks and reports relating to corporate orders.
    • Reviews any other pertinent documents and forms related to the department and its staff (i.e. Price List, Remittance Advice, Request for Payments, etc.).
    • Builds on product knowledge and category expertise through familiarization with competitor and complement brands’ product ranges, pricing and positioning.
    • Conducts regular store visits and validates flow of merchandise strategy from back-end to front-end and considers appropriate actions to improve.
    • Attends trade exhibits and meetings with principals/suppliers as assigned.
    • Builds on customer, market and competitor intelligence; establishing similarities and differences in doors per grading band, size or area.
  • People Management
    • Works closely with the Merchandise Head on workload of the merchandise team and recommends necessary prioritization.
    • Trains, coaches and develops more junior members of merchandising team thus improving their competencies and increasing overall team productivity.
    • Develops and conducts product training for door staff and Merchandising Assistant.
Job Qualifications
  • B achelor’s Degree in Business Management, Entrepreneurship, Marketing, or any related course.
  • At least 3 years work experience in merchandising, marketing, and retail business.
  • With knowledge in open-to-buy (OTB).
  • Willing to work full-time on a flexible on-site schedule in Malate, Manila.
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