Merchandiser

Description:

This role is responsible for analysing merchandise sales and planning a store’s inventory accordingly. To review and execute an allocation plan & adapt it to what’s yielded by the sales. Complete ownership for Stock Consolidation, Stock Replenishment & creating Range plans to maximise profit of the Brand/Collection and building and driving Merchandising best Practices. The role is also key to driving cross functionality across key departments

Principle Accountabilities:

Stock Consolidation: Complete ownership to have right stock in right time and in right place.

Stock Replenishment: Complete ownership to monitor the Sales & Stock performance and ensure timely Replenishment to achieve Sales Targets.

Placing Replen Order: Ensure to place timely orders considering the lead time (from order placement to stock arriving in stores) and to avoid NOOS situation.

Reports: Prepare regular reports to analyse Sales & Stock performance & action plan accordingly (including Sellout performance, actuals vs Targets, etc.) and review with Planning Manager.

Communications: Constantly communicating with cross functions (Logistics, DC & QC, Finance, IT) & Product Team to ensure all teams are aligned with regards to stock arriving in store on time.

Range Architecture Planning: Prepare analysis & review with Planning Manger to maintain right balance of Sales & Stock mix by Brand/Collection by market.

Price Architecture – Prepare analysis & support Planning Manager in reviewing with Product, Retail & Finance team during selection / deselection of product by Brand by collections (taking into account our Discounts & Budgeted Margins).

MD strategy: Support Planning Manager to prepare markdown strategy by collection to set Full price, Markdown and Promotional Activity margins.

Inventory Management: Prepare summarized Inventory by Age Analysis for our further review and analysis with Planning Manager.

Qualifications and Education:

University degree in business, ideally with Business/Commerce and sales focus or equivalent professional experience

Experience

Merchandising – Stock Assortment, Consolidation, Replenishment

Experience: 3- 4 years

Core Competencies

· Work with ownership

· Advanced skills in MS Office (advance in Excel with formulas, Power Pivots, data management)

· Fluent in English

· Advanced knowledge of Retail Management Systems

· Strong analytical skills

· Structured, organised and process orientated