Senior Merchandiser

Position Objective

This role supports the Brand Manager in developing product and assortment strategies that align with or surpass financial targets. It involves coordinating merchandise allocation and delivery to retail locations within the region, aiding in financial planning before and during the season, managing open-to-buy budgets and new store financials, and maintaining balanced inventory with timely replenishment and transfers among stores.

Key Responsibilities

• Contribute to merchandise planning for the category by leveraging insights from product mix analysis, past sales data, and anticipated trends from the brand.
• Analyze store-specific reports to evaluate stock levels, sales composition, and inventory classified by store tier.
• Oversee in-season inventory management including stock balancing, markdown administration, and aligning stock levels with sales performance.
• Strategize merchandise mix tailored per store, manage initial product allocations and maintain reserve stock based on pre-distribution plans.
• Collaborate with senior merchandising staff to finalize seasonal assortment plans and size distribution.
• Keep abreast of competitor product lines, pricing strategies, and innovations.
• Ensure compliance with stock ageing standards and maintain stock turnover rates according to company policy.
• Lead margin negotiations, manage orders, distribute stock appropriately, and select products fitting market needs.
• Analyze best and slow moving items regularly and implement necessary actions to optimize inventory.
• Track actual sales against projections, monitor inventory levels, anticipate events, and manage store replenishment efficiently on a daily basis.
• Conduct store visits and competitive analysis in partnership with the Brand Manager, sharing insights with the brand team.