Merchandising Lead

4 weeks ago

Ayala Alabang, National Capital Region, Philippines Sonak Corporation Full time

● 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

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