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Merchandising Manager
2 weeks ago
Duties & Responsibilities:
Key Responsibilities:
Merchandise Planning & Strategy:
- Develop and implement merchandising strategies to align with company goals and market trends.
- Analyze sales data, market trends, and customer behavior to identify opportunities and make informed decisions.
- Forecast sales and inventory needs to ensure adequate stock levels.
- Determine product assortments, pricing strategies, and promotional activities.
Inventory Management:
Manage inventory levels to minimize stockouts and overstocking.
- Monitor inventory performance and make adjustments as needed.
- Work with suppliers to ensure timely and cost-effective delivery of products.
Vendor Management:
Establish and maintain strong relationships with vendors and suppliers.
- Negotiate pricing, terms, and delivery schedules.
- Evaluate new vendors and products.
Store Execution:
Ensure products are displayed effectively and attractively in stores.
- Monitor store inventory and make adjustments as needed.
- Work with store personnel to ensure proper execution of merchandising plans.
Sales Performance:
Collaborate with sales teams to achieve revenue goals.
- Analyze sales data and identify areas for improvement.
- Implement strategies to drive sales and increase profitability.
Qualifications & Requirements:
- Proven 5-10 years experience in merchandising or similar field;
- Familiarity with luxury watch or high-end brand (retail fashion & accessories) industry, a plus;
- Experience in SM consignment and other department stores;
- Strong analytical and strategic thinking skills with the ability to interpret sales data and customer insights;
- Excellent communication and leadership abilities;
- Ability to work collaboratively in a fast-paced environment;
- Excellent visual and creative flair, with a keen eye for design and an understanding of current retail trends;
- Skillful in developing and implementing effective merchandising strategies;
- Knowledge of market trends and principles;
- No buying/purchasing required;
- Adept in MS Office tools (Excel, Word, PowerPoint, Outlook);
- Bachelor's degree in Marketing, Business Administration, or related discipline;
- Must be residing in Manila or willing to be assigned at Binondo Manila;
- Can start immediately.