Assistant Manager, Retail Merchandising

2 weeks ago

Singapore Under Armour Full time

**Position Summary**:
The Assistant Manager, Retail Merchandising supports the organisation's merchandising strategies and plans across South APAC (Singapore, Malaysia, Thailand, Hong Kong & Australia - approx. 74 POS). He/she is also responsible for directing category management and product assortments, as well as budget forecasting for the merchandising function. In this role, he/she is the key interface for Range Assortment Planning and Management across own retail stores across SAPAC.

**Essential Duties & Responsibilities**:

- Supports the organization’s merchandising strategies and plans for South APAC assigned markets
- Directs category management and product assortment as well as budget forecasting
Participate in the seasonal buy for retail brand houses according to assigned OTB budget; analyzing and reporting of past seasonal performance of assigned category and market including material count efficiency, product sales mix, rate of sales and sizing performance, etc.
- Work with Retail Operations team on optimizing the seasonal buy for the retail channel in close collaboration with Merchandising.
- Optimize stock allocation and product flow amongst the store network to reduce lost sales
- Prepare sales forecasts, and monthly margin and sell through analysis by category and determining OTB Budget
- Manage the product lifecycle across channels in coordination with the Retail and Wholesale Directors
- Conduct detailed sales, sell through, inventory and margin analysis to drive merchandising plans and boost sales
- Prepare the promotion strategy and promotion calendar with close partnership with Retail and Marketing teams
- Ideate and strategize appropriate action plans with cross-functional partners to maximize sales and inventory productivity, including making recommendations on promotions to manage inventory and capitalize on key consumer moments
- Establish Key Performance Indicators (KPIs) to evaluate category management and product assortment
- Provide half yearly price benchmark analysis across the sports industry to share about commercial insights and upcoming trends

**Qualifications (Knowledge, Skills & Abilities)**:

- Demonstrated delivery of sales targets, budget development and tracking, and demand forecasting
- Strong business and operational background with overall P&L management experience
- Demonstrated understanding of budgetary & financial concepts
- Logically thinking, good at analytics and proficient with Excel (pivot table and vlookup) required
- Focus on financial success with ability to formulate strategies based on market needs and the Company goals
- Excellent communication, negotiation and creative thinking skills

**Education And / Or Experience**:

- Bachelor’s degree in a Merchandising, Business Management and/or equivalent related field of education
- 3-5 years of merchandising related experience with regional exposure will be added advantage

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