Epicareer Might not Working Properly
Learn More
A

Merchandising Manager - Retail Industry

RM 5,000 - RM 7,000 / Per Mon

Apply on

Availability Status

This job is expected to be in high demand and may close soon. We’ll remove this job ad once it's closed.


Original
Simplified

Job Description:

  • Strategically plan and forecast future product demands in accordance with financial objectives, determining optimal purchasing quantities, frequency, and distribution spread for each brand subcategory.
  • Establish Recommended Consumer Price and Targeted Initial & Maintain Product Margins to maximize revenue and profitability.
  • Collaborate with the Procurement Department to procure products meeting planned needs, obtaining feedback on product cost, fabric, and quality.
  • Evaluate in-season performance and recommend adjustments to achieve sales, margin, and turnover objectives.
  • Ensure appropriate stocking of products in stores to optimize sales potential while minimizing lost sale opportunities.
  • Analyze product performance using system-generated reports, proposing stock movement, replenishment, consolidation, promotions, or markdowns as required.
  • Obtain feedback from retail personnel on customer reactions to new product launches post-release, and compare results with previous season's launches.
  • Review product performance reports with inter-departmental members to drive continuous improvement initiatives.
  • Maintain close communication with the warehouse to ensure efficient stock allocation and movement.

Requirements:

  • Minimum of two years' experience in a buying/merchandising role within the retail industry, preferably in fashion retail.
  • Excellent analytical skills and meticulous attention to detail.
  • Proficiency in Excel and adeptness in analytical techniques.
  • Ability to work independently with minimal supervision and meet stringent deadlines.

Job Types: Full-time, Permanent

Pay: RM5,000.00 - RM7,000.00 per month

Benefits:

  • Professional development

Experience:

  • Merchandising: 2 years (Preferred)
  • Fashion & Retail: 2 years (Preferred)