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Merint LLC

Dubai

On-site

AED 60,000 - 120,000

Full time

30+ days ago

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Job summary

An established industry player is seeking a skilled Merchandise Manager to lead purchasing activities and optimize stock levels. This role involves analyzing market trends, negotiating with suppliers, and ensuring effective product training for staff. The ideal candidate will demonstrate strong leadership abilities, guiding a team towards achieving set goals while maintaining profitable supplier relationships. If you have a passion for retail and a knack for strategic planning, this opportunity is perfect for you to make a significant impact in a dynamic environment.

Qualifications

  • Strong leadership skills with a focus on team development.
  • Excellent negotiation and analytical skills for market trends.

Responsibilities

  • Plan merchandise selection based on customer demand and trends.
  • Negotiate with suppliers and manage brand training for staff.

Skills

Market Awareness
Negotiation Skills
Leadership
Analytical Skills

Education

Bachelor's Degree in Business or related field

Job description

Job Responsibilities:
  1. Plan and select the range, type, quality, and quantity of merchandise according to customer demand, trends, store policies, and set prices and sell-through targets in conjunction with the Division Merchandise Manager / GMM to ensure they are in line with the budget.
  2. Carry out purchasing activities in line with the brand purchase plans.
  3. Keep abreast of market trends and awareness of competitor activities.
  4. Maintain profitable relationships with existing suppliers/principals and monitor the adherence to the contract terms.
  5. Monitor the stock levels in the stores; coordinate with the planning team to maintain optimal stock levels in line with consumer demand.
  6. Support the promotional activities in the store and ensure the merchandise is available in time and in the right quantities. Receive and analyze reports on the activities and provide recommendations to the DMM when required.
  7. Support PR and Marketing teams by guiding and validating the selection of products to be included in planned campaigns.
  8. Negotiate with suppliers on the provision of training for the concerned product. Manage the brand training of staff in the area to ensure that product knowledge is up to date and that all staff are knowledgeable on new products/trends. Prepare regular trends training and deliver to the business units.
  9. Review buying feedback reports and monitor sales performance on a weekly basis against set targets and provide recommendations to DMM as to buying strategy for a respective brand.
  10. Prepare periodic reports both for the business and as requested by principals analyzing the sale turnover and consumer trends per product to arrive at a proposal to maintain/liquidate/dispose of the stocks in conjunction with Planning and/or continue/discontinue product lines.
  11. Conduct regular store visits in all markets to review brand performance and competitor activities.

People Management Roles and Responsibilities:

  1. Provide leadership and direction to subordinates towards the achievement of goals and objectives.
  2. Guide and motivate subordinates to enhance performance and produce quality work, and ensure that they are continuously developed for higher-level roles.
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