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Introduction:

Our client is the largest fashion in footwear is expanding seeking for hiring for Merchandising

Responsibilities:

Planning & Distribution

• Develop seasonal category estimates in cooperation with retail based on sales potential
• Provide 12 weeks production planning to manufacturing as per process and norms
• Ensure that total number of articles in the category to be in line with the approved limit
• Adopt best practices of stock management and implement necessary actions
• Implement required actions to ensure aging stock is within the norms of the company to ensure aging stock is within the norms of the company

 

Open to Buy

• The Budget Planning for the new season as per Company indication
• Decide on the concepts to be highlighted in the approaching season
• As per the control figures decided by the Company, the budget is to be allocated to the concepts
• Plan for the articles in the concepts and the quantity
• Month-wise buying plan based on the sales pattern
• Constant revision in the Plan based on the sales pattern

 

Order Placements: Based on Monthly OTB and FWC Objective

• To place orders from Contract suppliers to supplement the collection
• To place orders from Import suppliers to increase the margin in each concept taking into consideration the concept is not able to develop locally at the same cost

 

Sales Monitoring

To ensure that the sales of the category in different regions and in different classification of Stores:

• Constant review of the concepts in the category
• Constant review of the category in the four regions in order to supplement sales with optimum stock
• Providing more substitutes for bestselling concepts to capture market
• Constantly reviewing the performance of new articles across the stores

 

Stock Management

• Constant reviewing the depth of the articles in Stores
• To increase and decrease the number of stores based on the selling potential
• Eliminate the slow sellers and defective lines by interesting promotions and price reduction
• Constantly mark the discontinued lines and pass the information to the store level so as to ensure a faster clearance of the same
• Maintain an updated sample stock of the current lines with the updated sales record of all articles
• Continue follow-up of the articles performance, increasing procurement of those with high sales out rate, stopping those slow movers, but immediately replace production, other alternative

 

New Stores Opening

• To involve in new stores plan to ensure right space allocated to the categories
• To work out the Merchandise Plan for the Store
• Provide special supplies for the Store to ensure good business
• To monitor the performance of the category in the new Store for minimum one year
• To ensure that Stores receive the products they request on a timely and correct basis

 

Market Research

• Keeping track of the emerging trends and prices in the market
• Prepare seasonal trend board, story board and paper collections
• Keeping in touch with the District Managers, Store Managers and Customers
• Analyze the emerging buying habits
• Visit competitors and suppliers

Requirements:

Diploma / Degree in any relevant certification

2-5 years and above of relevant experience in Fashion Merchandising 

Strong analytical and interpersonal skills with a flair for fashion

Communications skills with internal and external parties

Independent & able to work in a fast-paced environment