
Merchandising Assistant
4 days ago
The Merchandising Associate performs buying and administrative functions in support of sales, and marketing objectives.
Duties and Responsibilities:
Merchandise Planning & Buying
- Setting up and maintenance of Seasonal Store Grading
- Review and maintenance of Cost to Fill
- Supports Merchandising Manager through reports and analysis of key metrics for door performance, stock movement and replenishment
Allocation & Replenishment
- Processes initial merchandise allocation for delivery to stores based on channel distribution plan provided by Merchandiser
- Analyzes performance by store by product, taking appropriate actions to ensure stock movement and replenishment results in improved sell through, inventory cover and aging by store
- Reviews stocks within the warehouse and branches and reallocates and consolidates product as necessary
- Monitors upcoming deliveries and ensures allocation plans are reflective of current demand and trends
- Ensures stores are supported by stock during full duration of promotional / marketing initiatives both by brand and mall
- Actions WMRs timely with consideration to store performance and door analysis
- Understands what products work where and providing feedback to Brand Merchandiser for reorders, changes in ordering patterns, growth areas
- Key contact point for stores regarding stock levels, consumer needs, and lost sales
- Creates SKU listing in online and OMNI Channels (PUS/BIU, PUS/BSU)
Inventory Management
- Performs stock balancing as necessary to ensure correct inventory level and product mix per door per category considering consumer profile, market demand and corresponding styles, pricing, and sizing
- Identifies growth or exit doors for brands / collections / products and implements stock increase or decrease to support strategy
- Monitors sell through of collections / products at store level, aging and Reg vs MD in doors and recommends strategies to bring KPIs to profitable levels
- Recommends to Brand/Merchandising slow-moving stocks needed to be moved
Monitoring & Assessment
- Ensures monitoring of KPIs IC, sell through, aging, Reg vs MD with door perspective for the BU / team cluster are done timely and accurately
- Compiles information for stock needing promotion and depletion
- Prepares channel / door related reports and provides the Channel Merchandising Head (or Merchandising Manager ) with KPI trends, geographical trading trends, analysis and insights for the BU / team cluster
- Identifies replenishment and distribution trends and common issues for the BU / team cluster and takes appropriate action to improve
Market Intelligence
- 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.
- Builds on customer, market and competitor intelligence; establishing similarities and differences in doors per grading band, size or area
Job Qualification
- Graduate of a Bachelor's Degree in Business Management, Entrepreneurship, Marketing, or any related course.
- Work Experience: At least 6 months to 1 year work experience in merchandising, marketing, and retail business
- Certification or Licenses: Not Required
- Fresh graduates are welcome to apply
Job Type: Full-time
Benefits:
- Flexible schedule
Work Location: In person
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