
Merchandising Executive
4 days ago
Department
- ** Merchandising**:
- Location
- ** Singapore**:
**Introduction**:
**Job Description**:
**Key Responsibilities**:
- Merchandise Strategy, Financial Planning and Analysis Responsibilities
- Manage sales & marketing plans with Merchandise Planning department
- Branding & Marketing Responsibilities, including online initiatives to achieve Omni channel budget
- Monthly sales, marketing, cost, traffic, acquisition reporting to EXCO
**General Responsibilities**
- Manage the merchandising function to meet concept unit goals for sales and profits and through the effective planning of the activities.
- To review effective merchandising & workflow process guidelines for implementation by the merchandising team. To achieve better WIP (work in progress) with all units.
- Oversee the profitability of various portfolios of the concept units. Identify profitable and non-profitable areas and review or expand variable business opportunities.
- To develop and sustain relationships with all suppliers.
- Ensure profit maximization by managing inventory reserves and damages.
- Reviews, analyses, and determines merchandise requirements.
- Oversee & drive Retail Management System upgrade, vendor management, solutions, UPC upload for online sales.
- Report on local & global Trends monthly.
- Develop and maintain open-to-buy, merchandise strategies, replenishment programs to achieve financial plans in partnership with Merchandising & Merchandising Planning department.
- Coordinates regular meetings with stores for the purpose of reviewing business trends, providing input and assistance on technical areas.
**Branding & Marketing Responsibilities**
- Establish marketing calendar and ensure effective usage of marketing dollar through right choice of platform for both Loyalty Management and non-Loyalty Management base.
- To give clear brief to visual and operations team to ensure it is correctly interpreted in all stores.
- To guide team/negotiate for and present through in-store animation of key launches/animations (at brands, vendor group, concept level).
- To differentiate, create visibility for the stores and in turn creates top-of-mind recall and position Tangs as a favourable destination for shoppers.
- To propose and evaluate new market opportunities based on International & Regional Consumer Trends.
- Any other duties which may be assigned by your immediate supervisor/manager from time to time
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