
Merchandising Assistant for Branded Apparel
2 weeks ago
JOB TITLE :
Merchandising Assistant for Branded Apparel (Lacoste)
RANK : Rank & File
OVERVIEW :
Merchandising Assistant who can manage a group or category of products for our company.
Responsible for the negotiating and overall promotion of a product category to maximize consumer appeal.
Relationships with vendors and product range management will also be part of your duties.
RESPONSIBILITIES AND DUTIES:
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Develop category and subcategory strategies: brand & product assortment, manage margin, pricing competitiveness, sales and promotions, while driving sales and profit margin.
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Achieve sales target, discount limits and total inventory turn for the assigned merchandise category.
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To maintain effective merchandise planning: including expanding product assortment, new brands suggestion, and seasonal/exclusive merchandise.
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Keep updated on industry development with an ability to analyze past data and forecast market trends.
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Drive overall sales volumes by ensuring standard margin, pricing competitiveness, and stock availability/forecast of key brands within the category.
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Negotiate on price promotion, seasonal mark-down, merchandise support (GWP, discount, exclusive) with suppliers.
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Work in close partnership with Marketing Team: to enhance product visibility, improve sale performance by brand through product selection and campaigns; while ensure adequate stock level, margin and bottom line target.
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Work in close partnership with Operation and Supply Chain to ensure cost-effective delivery and customer satisfaction.
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Create monthly purchasing plan in alignment with sale target and marketing promotion.
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Weekly & Monthly Merchandising reports on the KPIs, business performance.
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Take ownership of new initiatives to improve user experience on website.
EDUCATION : Graduate of a 4 year Business Course
WORK EXPERIENCE : With a least 2 -3 years of similar work experience in a retail industry
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