1. Preparing annual and quarterly budgets, and presenting them to the relevant stakeholders.
2. Manage merchandising operation and develops and executes merchandising plan to deliver volume and profit goals
3.
Develops effective merchandising plans for categories and location, utilizing data representing customer insights, consumer trends, buying patterns, sales and inventory metrics, forecasting and competitive landscape.
4. Tracking inventory movement and systematically introducing promotions, sales, price changes, etc.
5. Identifying trends and monitoring supply and demand.
6. Collaborating with the marketing department to brainstorm new projects, campaigns, and business ideas.
7. Interpreting sales reports and providing guidance on how to improve figures and customer engagement.
8. Managing assortment mix in line with category strategy, revenues, and gross margin target as well as inventory levels
9. Forecasting, price setting, and negotiating quantities with buyers, suppliers, and distributors
10. Ensuring product selection is aligned with market trends.
11. Analyzing product performance & sell-through tracking on a monthly/seasonal basis
12. Overseeing the planning and implementation of merchandising strategies.
13. Coaches and Mentors merchandising staff to produce product assortments, allocation saleability analysis that reflect branding, buying trend, and demand.
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