Requirements
The Senior Merchandiser will assist the Brand Manager in planning product and assortment strategies, coordinating merchandise allocation and delivery, and managing in-season projections and open-to-buy. Key responsibilities include analyzing store profiles, managing stock levels, planning merchandise mix and size runs, monitoring competitor activities, and ensuring stock turns are maintained. The role also involves tracking sales forecasts, managing replenishment needs, and conducting store visits and competition analysis.
Description
POSITION OBJECTIVE The position assists the Brand Manager to plan the product and assortment strategies that meets or exceeds financial goals Coordinate all the activities related to allocation and delivery of merchandise to all the stores in the region Assist in pre-season financial planning, in-season projections, open-to-buy management and new store budgets Ensure balanced collection at stores, regular replenishment from warehouse and inter-store transfersKey Responsibilities Assist in merchandise plans for the category based on insights gained from merchandise mix, historical trends and future outlook projected by the brand Analyze store profile based on reports, including weeks of stock, merchandise sales blend, inventory by store grade Ensure effective in-season management (stock analysis and balancing, markdown management, stock vs. sale performance) Plan merchandise mix for each store and complete initial product allocation to stores and reserve management based on pre-distribution Finalize seasonal assortment plan and size run book in collaboration with Sr. Merchandiser Monitor the product line, pricing and developments of competitor brands Ensure the ageing standards are followed and the stock turns are maintained as per the company policy Manage margin negotiations, orders, stock distribution and product selection Monitor and analyze both, the best sellers and slow sellers and take appropriate actions Keep a track of actual sales vs sales forecasts, inventory checks, forth coming events and address the replenishment needs of the stores on day-to-day basis Perform regular store visits and competition analysis, in collaboration with the Brand Manager and communicate findings to the Brand