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Senior Merchandiser
3 months ago
Our client is looking for a Senior Merchandiser to join their team in the Fashion & Footwear department. The ideal candidate will play a crucial role in assisting the Brand Manager with planning and executing product and assortment strategies that meet or exceed financial goals. This role requires a dynamic individual who can effectively manage merchandise allocation, financial planning, and in-season projections while ensuring optimal product assortment and stock levels across all stores.
Responsibilities:- Assist in the development and execution of merchandise plans based on category insights, historical trends, and future outlooks.
- Analyze store profiles, including stock levels, sales blend, and inventory by store grade.
- Ensure effective in-season management, including stock analysis, balancing, markdown management, and stock vs. sales performance.
- Plan and execute merchandise mix for each store, including initial product allocation and reserve management.
- Collaborate with the Brand Manager to finalize seasonal assortment plans and size run books.
- Monitor product line pricing and track competitor brand developments.
- Ensure adherence to ageing standards and maintain stock turns as per company policy.
- Manage margin negotiations, orders, stock distribution, and product selection.
- Analyze sales data to identify best-sellers and slow-movers, taking appropriate actions to optimize inventory.
- Conduct regular store visits and competitor analysis, providing feedback and recommendations to the Brand Manager.
- Address store replenishment needs on a day-to-day basis, ensuring optimal stock levels.
- Strong analytical skills with the ability to interpret sales and inventory data.
- Excellent communication and negotiation skills.
- Proficient in financial planning and budget management.
- In-depth understanding of retail merchandising processes and practices.
- Ability to work collaboratively with cross-functional teams.
- Strong attention to detail and organizational skills.
- Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.
- Proven track record in managing product assortments, inventory control, and financial planning.
- Experience in the fashion or footwear industry is highly desirable.
- Proficiency in merchandise management software and tools.
- Bachelors degree in Retail Management, Business Administration, or a related field.
- Minimum of 5 years of experience in retail merchandising, with at least 2 years in a senior role.