Lead Merchandise Strategist
13 hours ago
We are seeking a highly skilled Lead Merchandise Strategist to join our team at Sonak Corporation. This is an exciting opportunity for a talented professional to drive sales and profit growth through effective merchandise management.
Job DescriptionThe successful candidate will be responsible for developing and implementing merchandising strategies that maximize sales and profit across various product lines. Key responsibilities include:
- Formulating and executing merchandising plans that meet or exceed sales/margin goals while minimizing inventory levels.
- Collaborating with suppliers to negotiate optimal pricing, terms, and conditions that support business objectives.
- Providing proactive feedback to the Division Head on the effectiveness of previous and current merchandise strategies, identifying areas for improvement and opportunities for growth.
- Maintaining up-to-date knowledge of market trends, competitor activity, and customer preferences to inform strategic decisions.
- Performing regular warehouse visits to ensure defective products are addressed promptly.
To succeed in this role, you will need:
- A minimum of 2-3 years' experience in merchandising, preferably in the retail industry.
- Advanced knowledge of budgeting, financial statements, strategic marketing, and trend forecasting.
- Excellent written and verbal communication skills, with the ability to build strong relationships with internal stakeholders and external partners.
- An analytical mindset, combined with creative problem-solving skills and attention to detail.
- Strong negotiation skills, with the ability to secure favorable terms and conditions with suppliers.
- Flexibility to work beyond standard working hours and willingness to travel locally and internationally as needed.
In return for your expertise and dedication, we offer a competitive salary package, including:
$85,000 - $105,000 per annum, depending on experience.
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