Job Description

Duties & Responsibilities

Budgeting & Buying

• Planning of financial Buy Budgets and Range Plan with Merchandising Director per season according to the projected sales targets, sell through and unit level by product category and supplier.
• Plan size scales and provide option prior to Buy (Pre-buy).
• To select and procure merchandise assortment that is consistent with the brand(s) image and to maintain accurate records.
• Set retail prices per product to achieve budgeted margin.
• Ensure the Purchase Order is accurate and timely for each season.
• Communicate with suppliers on amendments and adjustments to the Buy and ensure accurate deliveries.
• Communicate closely with warehouse to supply stock to the shopfloor and ensure various categories of product are delivered together especially the crucial units for each season.
• To work with Marcom Team to plan seasonal launches and marketing activities.

Brand Analysis

• To recommend the brand strategies to the Management.
• To analyse sales and inventory data to determine consumer preferences to ensure right products are procured to optimize opportunities.
• Visit markets for better understanding as well as research new concepts and business opportunities.
• To assist in negotiation for contractual minimums, merchandising split and overall budgets with principal.
• Monitor stock levels by category and product to identify the fast / slow moving items and work with the Retail Operations on action plan such as price changes / re-merchandising / cancellations or re-orders.
  

Operational

• Assist in marketing events in the areas of selection of outfit and to provide necessary support during the events.
• Communicate with Visual Merchandising on the seasonal theme in order to translate into in-store visual display.
  

Product Training

• To ensure comprehensive Product Knowledge training is conducted to all sales staff via range presentation and visual records of each season.
  

Others To undertake ad-hoc projects assigned by the management of the company.


Requirements

• Bachelor’s degree in Marketing, Business, Retail Merchandising or any related field
• Minimum 3 years’ merchandising/buying experience in related fashion business
• MS Office expertise, especially Excel and Words
• Strong leadership qualities and team-oriented
• Solid organizational and communication skills
• Numerically sensitive and sound business acumen
• Travelling in a short notice
• Thrive in a fast-paced, distribution environment