Merchandise Manager

Newtrends International Corporation; Metro Manila; On-site; PHP 600,000 - 900,000; Full time

Job summary

Newtrends International Corporation seeks an experienced merchandiser/planner to lead demand forecasting across channels and markets, ensuring accurate projections and reduced inventory risk.

You will develop merchandising strategies, analyze market trends, collaborate with cross-functional teams, negotiate with suppliers, and drive product launches with effective visuals and promotions, while managing a high-performing team in the Philippines.

Qualifications

• Bachelor's degree in business administration, industrial engineer, or a related field.
• With at least 7 years of related experience for the role.
• Proven experience in merchandising, product management, or retail buying, preferably in the retail industry in the Philippines.
• Strong analytical skills with the ability to interpret data, analyze trends, and make data-driven decisions.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and build relationships with suppliers and vendors.
• Strategic mindset with a focus on driving business results and achieving financial targets.
• Leadership capabilities with experience in leading and developing high-performing teams.

Responsibilities

• Develop and implement demand forecasting models to predict product demand across channels and markets.
• Collaborate with sales, marketing, and finance to incorporate promotional activities and seasonal variations into forecasts.
• Monitor inventory levels and performance to identify imbalances and recommend corrective actions.
• Develop and execute merchandising strategies aligned with objectives, brand, and customer preferences.
• Negotiate terms with vendors and suppliers to optimize pricing and product exclusivity.
• Partner with marketing on product launches, promotions, and visual merchandising to boost sales.

Skills

Analytical thinking

Leadership

Cross-functional collaboration

Communication

Education

Bachelor's degree in business administration or related field

Tools

Microsoft Excel

PowerPoint

Job description

Develop and implement demand forecasting models to accurately predict product demand across various channels and markets.

Analyze historical sales data, market trends, and other relevant factors to enhance forecast accuracy and minimize inventory risks.

Collaborate with sales, marketing, and finance teams to incorporate promotional activities, seasonal variations, and market dynamics into demand forecasts.

Monitor inventory levels and performance metrics to identify potential demand-supply imbalances and proactively recommend corrective actions.

Merchandising Strategy:

Develop and execute merchandising strategies that align with company objectives, brand positioning, and customer preferences.

Conduct regular market research and competitor analysis to identify emerging trends, customer demands, and opportunities for product assortment optimization.

Work closely with vendors and suppliers to negotiate favorable terms, pricing, and product exclusivity agreements.

Collaborate with the marketing team to develop effective product launch plans, promotions, and visual merchandising strategies to drive sales and enhance brand visibility.

Inventory Management:

Optimize inventory levels and assortments to maximize sales, minimize stockouts, and reduce excess inventory holding costs.

Implement inventory replenishment strategies, including order optimization, allocation, and allocation to ensure product availability while minimizing carrying costs.

Monitor inventory aging and clearance strategies to minimize obsolescence and maximize profitability.

People Management:

• Lead, coach, and mentor a team of merchandisers/planners providing guidance and support to ensure high performance and professional growth.
• Foster a collaborative and results-driven work environment that promotes teamwork, innovation, and continuous improvement.
• Provide training and development opportunities to enhance the skills and capabilities of the merchandising team.

Qualifications:

• Bachelor's degree in business administration, industrial engineer, or a related field.
• With atleast 7 years of related experience for the role.
• Proven experience in merchandising, product management, or retail buying, preferably in the retail industry in the Philippines.
• Strong analytical skills with the ability to interpret data, analyze trends, and make data-driven decisions.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and build relationships with suppliers and vendors.
• Strategic mindset with a focus on driving business results and achieving financial targets.
• Leadership capabilities with experience in leading and developing high-performing teams.
• Proficiency in Microsoft Excel, PowerPoint, and other relevant software applications.