Merchandising Manager

myNEWS HOLDINGS BERHAD; Petaling Jaya; On-site; MYR 60,000 - 90,000; Full time

Job summary

myNEWS HOLDINGS BERHAD is seeking an energetic retail buyer to join our Malaysia team. You will select and develop profitable new product lines, manage supplier relationships, and drive cost reductions across the supply chain.

The role requires strong negotiation, account management with large branded suppliers, and a solid grasp of profit and loss. You will lead marketing efforts and analyze market trends to identify opportunities.

Qualifications

• Retail buying experience with relevant product category.
• Account management with large branded suppliers.
• Strong negotiation skills and experience with income and promotional support from suppliers.
• Understanding of Profit and Loss management.
• Engaging and influential communication.
• Excellent analytical skills and ability to use data to drive business decisions.

Responsibilities

• Selecting and developing profitable new product lines.
• Managing relationship with suppliers and negotiating the reductions of goods sold cost.
• Overall effectiveness of supply chain and cost management.
• Leading and developing marketing plans.
• Keep abreast of the current market trends, customer requirements and competitor activity to identify market opportunities.
• Conducting range reviews and undertaking continuous improvement of the product offer through effective range analysis.
• Creating effective relationships with outlet staff through regular telephone communication and visits.

Skills

Retail buying

Account management

Negotiation

Profit and Loss

Communication

Analytics / data-driven

Job description

Duties & Responsibilities

• Selecting and developing profitable new product lines.
• Managing relationship with suppliers and negotiating the reductions of goods sold cost.
• Overall effectiveness of supply chain and cost management.
• Leading and developing marketing plans.
• Keep abreast of the current market trends, customer requirements and competitor activity to identify market opportunities.
• Conducting range reviews and undertaking continuous improvement of the product offer through effective range analysis.
• Creating effective relationships with outlet staff through regular telephone communication and visits.

Job Requirements

• Retail buying experience with relevant product category.
• Account management skills and experience of working with large branded suppliers.
• Strong negotiation skills and experience of negotiating income and promotional support from Suppliers.
• Understanding of Profit and Loss management.
• Engaging and influential communication.
• Exceptional analytical skills and ability to use data to drive business decisions.

myNEWS Holding Berhad currently has over 400 retail stores in Malaysia. We are the market leader in press and convenience retailing, specializing in convenience items such as tobacco, reload services, beverages, snacks, confectioneries and printed media. Our outlets are located at easily accessible locations in popular shopping malls, hypermarkets, hospitals, office complexes, hotels and transportation hubs.

Since its inception in 1997, we continuously strive to offer quality products and services. We constantly evolve our stores and offerings for an easy and efficient shopping experience. We operate under brands such as myNEWS.com, newsplus, MAGBIT, THE FRONT PAGE, as well as WHSmith, which is operated under our equal joint venture with WHSmith Travel, one of UK’s leading retailers. What’s more, we are also involved in the operation of WHSmith news and book retailing stores in airports throughout Malaysia, and run a food and beverage outlet named Bison Café. In addition, we have food processing centre which producing fresh food products and selling in our outlets.

In view of our rapid growth and aggressive expansion plans, we are looking for energetic, enthusiastic and service oriented individuals to join us.