Merchandising Assistant

Primer Group of Companies; Manila; On-site; PHP 334,800 - 558,000; Full time

Job summary

A leading retail company in Manila is looking for a Merchandising Supervisor (Brand) to manage merchandise strategies aimed at enhancing profitability and sales through effective inventory management. The ideal candidate should possess a Bachelor's Degree in a relevant field, have at least three years of experience in merchandising, and be willing to work on a flexible schedule. Key responsibilities include supplier negotiation, product training, and sales performance monitoring.

Qualifications

• At least three (3) years of experience in merchandising, marketing, and retail business.
• Willing to work full-time on a flexible on-site schedule.

Responsibilities

• Formulates and monitors OTB plan as approved by Merchandising Manager.
• Monitors sell-through and takes action to maximize sales and profit.
• Communicates with suppliers regarding product offerings and pricing.
• Trains and develops junior merchandising team members.

Skills

Merchandising strategies

Inventory management

Supplier negotiation

Product knowledge

Team training and coaching

Education

Bachelor’s Degree in Business Management, Entrepreneurship, Marketing, or related course

Job description

Overview

The Merchandising Supervisor (Brand) maintains a commercially balanced and evolving merchandise program; aims to achieve profitability and hastened merchandise movement through effective buying and inventory management.

Responsibilities

• Formulates and monitors OTB plan as approved by Merchandising Manager.
• Supports Merchandising Manager in setting directions through proactive feedback on the effectiveness of previous and current merchandise strategies as well as identification of focus, growth, and exit areas.
• Puts together a commercially balanced product range reflective of agreed business plans, market positioning and customer profile which may include e.g., SMU, Online exclusives.
• Communicates and negotiates with suppliers regarding samples, orders, FOB prices, MOQs and brand building support among others.
• Prepares line plan and works with Channel Merchandiser on distribution strategies and applicable revisions once orders have arrived.
• Monitors sell through at brand level of products and proactively takes action to ensure maximum sales and profit is achieved.
• Monitors and assesses correctness of current product mix and makes appropriate actions to maximize bestsellers, minimize risks and identify gaps in the market.
• Monitors inventory levels and aging and takes action to bring them to profitable levels.
• Discusses and coordinates with Brand Person on promotions to improve product sell-through.
• Implements discounting and depletion strategies that are timely and maximizes profit both online and offline.
• Handles participation in merchandising initiated sale events and/annual bodega sale.
• Coordinates with Account Executives on inquiries, orders, stocks and reports relating to corporate orders.
• Reviews any other pertinent documents and forms related to the department and its staff (i.e. Price List, Remittance Advice, Request for Payments, etc.).
• Builds on product knowledge and category expertise through familiarization with competitor and complement brands’ product ranges, pricing and positioning.
• Conducts regular store visits and validates flow of merchandise strategy from back-end to front-end and considers appropriate actions to improve.
• Attends trade exhibits and meetings with principals/suppliers as assigned.
• Builds on customer, market and competitor intelligence; establishing similarities and differences in doors per grading band, size or area.
• Works closely with the Merchandise Head on workload of the merchandise team and recommends necessary prioritization.
• Trains, coaches and develops more junior members of merchandising team thus improving their competencies and increasing overall team productivity.
• Develops and conducts product training for door staff and Merchandising Assistant.

Qualifications

• Bachelor’s Degree in Business Management, Entrepreneurship, Marketing, or any related course.
• At least three (3) years work experience in merchandising, marketing, and retail business.
• Willing to work full-time on a flexible on-site schedule in Malate, Manila.