Merchandising Strategic Planning Manager

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

Job summary

A leading duty-free retailer in Singapore is seeking a strategic planner to enhance merchandising and pricing strategies. The role involves collaboration with leadership and cross-functional teams, leveraging data-driven insights to drive profitability. Candidates should possess business-level proficiency in Korean and English, with a strong background in merchandising, market analysis, and strategic planning. This position offers an exciting opportunity to influence category performance at a globally recognized duty-free operation.

Qualifications

• Proven experience in merchandising, price analysis, or business planning.
• Strong understanding of data analysis to inform strategic decisions.
• Demonstrable strategic thinking skills to develop effective strategies.

Responsibilities

• Lead development of merchandising strategic plans.
• Conduct product pricing market analysis.
• Collaborate with senior management for informed decision-making.
• Identify opportunities to enhance business outcomes.

Skills

Business-level proficiency in Korean

Market research

Data analysis

Strategic thinking

Communication skills

Microsoft PowerPoint

Microsoft Excel

Power BI

Education

Bachelor's or Master's degree in Business

Job description

Company Overview / Employee Value Proposition

LOTTE Duty Free was founded in 1980 and it has been ranked number one in the Korean duty-free industry for more than 45 years. LOTTE Duty Free is operating overseas duty free operations in various countries including Australia, Guam, Japan, South Korea, New Zealand and Vietnam and we had landed in Singapore in 2020. LOTTE Duty Free is now in Singapore Changi Airport operating 18 stores across 4 terminals.

LinkedIn: https://www.linkedin.com/company/lotte-tr-singapore

Job Summary

You will collaborate with leadership, business stakeholders, and cross-functional teams to translate strategic initiatives into tactical actions that enhance merchandising and pricing strategies. Reporting to senior management, you will drive category performance and profitability through data-driven analysis and strategic planning.

Responsibilities

• Lead the development and execution of merchandising strategic plans to improve category performance and profitability
• Conduct periodic product pricing market analysis to ensure compliance with landlord requirements and benchmark against competitor pricing and promotions
• Design and implement regular pricing and promotional mechanics, ensuring accurate and timely execution by merchandising and operations teams
• Collaborate with senior management to gather and analyze merchandising and pricing data to support informed decision-making
• Identify issues and opportunities proactively, delivering value-added insights and leading strategic initiatives to enhance business outcomes
• Facilitate cross-functional engagement by creating context, consolidating alignment, and preparing business reports, analyses, assessments, and presentations for local stakeholders and HQ teams in South Korea
• Support senior management in strategic planning initiatives, business reviews, and implementation activities by organizing and partnering with business stakeholders to align merchandising and business strategies
• Manage ad-hoc assignments and projects as directed by senior management

Required competencies and certifications

• Business-level proficiency in spoken and written Korean and English to translate, draft, prepare, and present reports to HQ Management Teams in South Korea (required for effective communication with HQ)
• Proven experience in merchandising, price analysis, or business planning functions demonstrating ability to analyze and influence business outcomes
• Strong understanding of market research and data analysis to inform strategic decisions
• Solid knowledge of business fundamentals and management principles to support strategic planning
• Demonstrable strategic thinking skills to develop and implement effective merchandising and pricing strategies
• Analytical mindset with problem-solving aptitude to identify and resolve business challenges
• Excellent communication and presentation skills to engage stakeholders and convey insights clearly
• Intermediate proficiency in Microsoft PowerPoint, Excel, and Power BI to create reports and presentations

Preferred qualifications

• Bachelor's, Master's, or equivalent degree in Business or related discipline