Job Description

POSITION OBJECTIVE

The position assists the Brand Manager to plan the product and assortment strategies that meets or exceeds financial goals
Coordinate all the activities related to allocation and delivery of merchandise to all the stores in the region
Assist in pre-season financial planning, in-season projections, open-to-buy management and new store budgets
Ensure balanced collection at stores, regular replenishment from warehouse and inter-store transfers

Key Responsibilities

Assist in merchandise plans for the category based on insights gained from merchandise mix, historical trends and future outlook projected by the brand
Analyze store profile based on reports, including weeks of stock, merchandise sales blend, inventory by store grade
Ensure effective in-season management (stock analysis and balancing, markdown management, stock vs. sale performance)
Plan merchandise mix for each store and complete initial product allocation to stores and reserve management based on pre-distribution
Finalize seasonal assortment plan and size run book in collaboration with Sr. Merchandiser
Monitor the product line, pricing and developments of competitor brands
Ensure the ageing standards are followed and the stock turns are maintained as per the company policy
Manage margin negotiations, orders, stock distribution and product selection
Monitor and analyze both, the best sellers and slow sellers and take appropriate actions
Keep a track of actual sales vs sales forecasts, inventory checks, forth coming events and address the replenishment needs of the stores on day-to-day basis
Perform regular store visits and competition analysis, in collaboration with the Brand Manager and communicate findings to the Brand

Senior Merchandiser