Merchandising Executive

1. Assortment Planning and Buying Collaboration:
Work closely with the buying team to develop a comprehensive assortment plan for the footwear category, taking into account market trends and customer preferences.
Collaborate on supplier negotiations, terms, and conditions to secure favorable pricing and timely deliveries.
Provide input on product selection based on market insights and historical data.
Implement cost-saving initiatives, seeking cost-saving opportunities without compromising quality. Conduct regular price negotiations and renegotiations with suppliers.

2. Inventory Management and Front liners/Outlet Support:
Implement effective inventory management strategies to optimize stock levels across all outlets.
Conduct regular store visits to assess inventory levels, identify slow-moving products, and recommend corrective actions.
Coordinate with outlets to ensure timely restocking, and collaborate with the distribution team to streamline the supply chain.

3. Operational Efficiency:
Work closely with the operations team to ensure smooth execution of merchandising plans in all outlets.
Provide support in implementing standardized visual merchandising practices to enhance the customer shopping experience.
Address operational challenges and implement solutions to improve efficiency.

4. Data Analysis and Reporting:
Analyze sales data, inventory turnover, and other relevant metrics to provide actionable insights.
Prepare regular reports on key performance indicators and collaborate with cross-functional teams to drive improvements.
Utilize data to identify opportunities for sales growth and inventory optimization.
Forecast demand and ensure sufficient stock levels. Analyze historical sales data and market trends to make informed inventory decisions.
Responsible for category sales, margin, income, stocks and market shares.

5. Collaboration with Marketing and Promotions:
Collaborate with the marketing team to align promotional strategies with merchandising plans.
Support the planning and execution of marketing campaigns and product launches.
Provide input on promotional calendar and pricing strategies.

6. Training and Communication:
Conduct training sessions for store staff on product knowledge and merchandising guidelines.
Maintain open communication channels with store managers to address concerns and gather feedback.
Facilitate communication between the merchandising and buying teams for effective collaboration.