Merchandising Associate

LOTTE Travel Retail Singapore; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A travel retail company in Singapore is seeking a Merchandising Assistant to support the Merchandising Manager. Responsibilities include vendor management, inventory monitoring, sales report analysis, and assisting in pricing updates. Ideal candidates will have a Bachelor's degree in Business or Marketing and strong analytical skills. Training will be provided for those new to merchandising. Employee benefits include attractive salary packages and medical coverage.

Benefits

Attractive salary packages

Annual leave from 14 to 18 days

Medical outpatient insurance coverage

Group hospitalization and surgery insurance

Group dental insurance

Performance bonuses

Qualifications

• Bachelor’s degree in Business, Marketing, or related field.
• Strong analytical skills to interpret sales data using MS Excel.
• Excellent communication skills to work effectively with diverse teams.

Responsibilities

• Assist the Merchandising Manager to meet business objectives.
• Support vendor/supplier management and building strong relationships.
• Monitor stock ordering status and inventory levels.
• Prepare and process purchase orders and sales reports.

Skills

Analytical skills

Communication skills

Proficiency in Microsoft Office Suite

Education

Bachelor’s degree in Business, Marketing, or related field

Tools

MS Excel

PowerPoint

Job description

Objective

Responsible to assist the Merchandising Manager to ensure business objectives and merchandising support administrative functions. You are responsible to support the Merchandising team to ensure the right product, in the right place, time, quantity and price.

Key Responsibiliteis

1. Vendor/ Supplier management support - Build strong relationships with category-specific vendors/ suppliers assigned.
2. Generate periodic Sales Reports and analyse consumer buying patterns, market trends, sales report, store growth and ranking reports.
3. Regularly monitor stock ordering status and inventory level.
4. Update retail pricing and planogram. Ensure that pricing is correct and send to the relevant department (Operations / VM department).
5. Prepare and process purchase orders.
6. Review product pricing and profit margins, sales report and sales analysis.
7. Maintain effective communication with suppliers and various departments.
8. Inventory management support - review aging/ slow moving products.
9. Update promotion list and communicate to Operations/VM department as and when there are changes.
10. Prepare presentations and reports for management meeting.
11. Submit damage goods report to supplier for claims.
12. Support the Merchandising team in negotiations with brands on promotions and other issues.
13. Schedule meetings with vendors to address business needs.
14. Maintain suppliers' information, terms and conditions.
15. Performs other related or ad hoc tasks as instructed by immediate superior.

Qualifications

• Bachelor’s degree in Business, Marketing, or related field.
• Prior experience in merchandising or retail buying will be advantage but not mandatory as training will be provided.
• Strong analytical skills with an ability to interpret sales data using MS Excel.
• Excellent communication skills to work effectively with diverse teams.
• Proficiency in Microsoft Office Suite, especially Excel and PowerPoint.

Benefits

• We offer attractive salary packages that commensurate with relevant work experience
• Annual Leave from 14 days to 18 days
• Medical Outpatient insurance coverage
• Group Hospitalization and Surgery insurance coverage
• Group Dental insurance coverage
• Performance bonuses subject to company's and individual's performances