Senior Merchandiser

Description:

 The position assists the Brand Manager to plan the product and assortment strategies that meets or exceeds financial goals

· Coordinate all the activities related to allocation and delivery of merchandise to all the stores in the region

• Assist in pre-season financial planning, in-season projections, open-to-buy management and new store budgets

· Ensure balanced collection at stores, regular replenishment from warehouse and inter-store transfers

Key responsibility

· Assist in merchandise plans for the category based on insights gained from merchandise mix, historical trends and future outlook projected by the brand

· Analyze store profile based on reports, including weeks of stock, merchandise sales blend, inventory by store grade

· Ensure effective in-season management (stock analysis and balancing, markdown management, stock vs. sale performance)

· Plan merchandise mix for each store and complete initial product allocation to stores and reserve management based on pre-distribution

· Finalize seasonal assortment plan and size run book in collaboration with Sr. Merchandiser

· Monitor the product line, pricing and developments of competitor brands

· Ensure the ageing standards are followed and the stock turns are maintained as per the company policy

· Manage margin negotiations, orders, stock distribution and product selection

· Monitor and analyze both, the best sellers and slow sellers and take appropriate actions

· Keep a track of actual sales vs sales forecasts, inventory checks, forth coming events and address the replenishment needs of the stores on day-to-day basis

· Perform regular store visits and competition analysis, in collaboration with the Brand Manager and communicate findings to the Brand