Senior Merchandising Executive

Ms. Read (M) Sdn Bhd; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A renowned company in the retail sector is seeking a Merchandising Executive to manage inventory, budget, and cross-functional collaboration. The ideal candidate will leverage their strategic marketing and analytical skills to enhance product distribution across various channels, ensuring optimal sales performance. This role offers a dynamic work environment where your contributions will directly impact brand visibility and revenue growth.

Qualifications

• Experience in strategic marketing and forecasting.
• Proficiency in Microsoft Excel (PIVOT tables, VLOOKUP).
• Ability to manage budgets and analyze data trends.

Responsibilities

• Responsible for budgeting, performance, and inventory management.
• Collaborate with various teams to optimize inventory and sales.
• Prepare weekly analysis and monitor departmental KPIs.

Skills

Intermediate skills in Microsoft Excel

Strategic marketing goal creation

Customer focus

Communication

Multitasking in fast-paced environment

Forecasting emerging trends

Tools

Microsoft Excel

Microsoft Office suite

Inventory-tracking software

Job description

You will have a borderless mindset with the opportunity to impact women across the globe. Your role is responsible for planning, developing, and implementing commercial strategies that reflect the objective and priorities of the Group, while collaborating closely with cross-functional stakeholders to ensure delivery of brand values to the omnichannel end consumer. Your role’s focus is to ensure that products appear in the right store, or on the right channel, at the appropriate time and in the correct quantities.

ROLE & RESPONSIBILITIES:

Budget, Performance, and Inventory Management

• Responsible for the translation of financial goals into OTB plan (revenue, margin, discount, inventory) based on insights learned from business analysis

• Act as the financial owner & risk-assessor of all markdown strategies; lead and drive all sale events

• Collaborate with retail and digital teams in fine-tuning distribution plans for achievement of base inventory & stock cover goals; plan necessary actions to optimize inventory efficiency

• Manage the distribution of stock, liaising between Business Intelligence, Marketing Intelligence, Operations, stores, suppliers, and franchisees. Control stock levels based on forecasts for the season. Be the Owner of Seasonal Buy Review, elaborating Pre-Buy assumptions vs. post-buy actuals, suggest and lead continuous improvement plan

• Analyse data on revenue, margin, and new launches performance; initiate strategies in response to sales trends to improve profitability

Support to Commercial Functions (across channels):

• Support product team in defining seasonal assortment range plans & assortment productivity goals

• Drive data driven culture in Operations team by partnering with data team on improving data accessibility

• Monitor department KPIs on a weekly basis (i.e. sell-through rate, discount rate, revenue target, stock cover)

• Lead the team to prepare weekly analysis to identify the Operations team’s current standing and recommend measures that should be taken

• Seasonal review on buying accuracy with the Buying team, identify the strengths and weaknesses of the buys and suggest areas of improvement

• Provide proactive support to all teams across planning, performance review and during online and offline sale events

• Work closely with the visual merchandising team to decide how goods should be displayed to maximise customer interest and sales

QUALIFICATIONS/REQUIREMENTS:

• Intermediate skills in Microsoft Excel with experience in creating PIVOT tables, VLOOKUP, and formulas
• Experience in strategic marketing goal creation and implementation based on needs and demand
• Working knowledge of client relationships along with marketing promotions, customer focus and territory management
• Demonstrated ability to create a daily competitive analysis and distribute reports on a weekly basis
• Experience in product knowledge with a fine attention to detail while taking the initiative to promote innovative ideas to the team
• Thorough understanding of organizational reputation and merchandise enhancement prospects
• Required knowledge of Microsoft Office suite and other inventory-tracking software
• Must be an outstanding communicator with the ability to multitask in a fast-paced sales environment
• Capability to forecast emerging trends and make creative decisions to promote smooth progression of retail relationships

Unlock job insights

Salary match Number of applicants Skills match

Your application will include the following questions:

Which of the following statements best describes your right to work in Malaysia? What's your expected monthly basic salary? Which of the following Microsoft Office products are you experienced with? Which of the following types of qualifications do you have? How many years' experience do you have as a Merchandising Executive? Do you have experience in a sales role? How many years' experience do you have with forecasting for businesses? Have you worked in a role where you were responsible for budget management & forecasting?

What can I earn as a Merchandising Executive