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Merchandising Executive

2 weeks ago

Singapore SHOPPING BAG (S) PTE. LTD. Full time

**KEY RESPONSIBILITIES**:

- Provide administrative support for pricing, inventory, buying, merchandising, allocation, grouping, markdowns, credit control for confectionery and non-confectionery items or as per product category allocated
- Work closely with Brand / Merchandising Manager to select and purchase new merchandise
- Research and source for new products in line with retail concept
- Work closely with graphic designer on new existing products
- Negotiate for best cost with suppliers
- Coordinating necessary follow-up actions with suppliers on order confirmation, samples approval, shipments and actual receipts of all merchandise
- Monitor and manage the availability of stocks by ensuring that planned launch and replenishment dates are met
- Ensure all statutory requirements of products are met with likes of HAS, SFA as applicable
- Allocating and managing in-store stock levels to optimize distribution
- Monitor stock movement, consider markdowns, inter-branch transfers and promotions, etc.
- Weekly store visits and meetings with front-end staff to touch on product training Visual Merchandising, gather products feedbacks and to better understand customer needs and wants
- Evaluate market and customer information together with historical data, to identify new products / business opportunities to grow sales and profitability
- Create Purchase Orders, Sales Orders and Transfer Orders
- Participate actively in seasonal visual merchandising change, new store set-ups, etc.
- Build and maintain effective working relationships with suppliers
- Coordinate shipping schedules between suppliers and shipping department
- Attend trade shows and source for new brands / items, while necessary
- Other ad-hoc duties as and when assigned by Management

**JOB REQUIREMENTS**:

- Minimum Degree/ Diploma in Retail Management with 3 to 5 years relevant experience
- Proactive, self-driven and result oriented
- Able to work under pressure to meet targets and tight deadlines
- Resourceful, creative and able to think out of the box
- Good interpersonal and communication skills
- 5 days week / Able to start immediately or within short notice period