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Merchandise Planner (International Brand)
- Internship, onsite
- Company Confidentials
- Kuala Lumpur, Malaysia
RM 4,500 - RM 7,000 / month
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HQ based in Kuala Lumpur
Key Responsibilities:
- Develop and execute merchandise plans based on sales trends, historical data, and market analysis to meet financial targets.
- Forecast sales and inventory levels to ensure adequate stock is available without overstocking, optimizing inventory turnover.
- Collaborate with buyers and suppliers to create purchase orders, ensuring that product selection aligns with sales forecasts and customer demand.
- Analyze sales and inventory performance regularly to make recommendations for replenishment, markdowns, or adjustments in future forecasts.
- Monitor key performance indicators (KPIs) such as sell-through rates, inventory turnover, and stock-to-sales ratios.
- Assist in the preparation of seasonal and promotional merchandise plans to align with marketing and sales strategies.
- Work closely with supply chain teams to ensure timely and accurate delivery of merchandise and manage stock replenishment.
- Identify opportunities for improving product assortment, pricing strategies, and overall merchandise performance.
- Provide regular reports and presentations on merchandise performance to senior management and other stakeholders.
- Stay updated on market trends, competitor activities, and consumer preferences to adjust merchandise strategies as needed.
- Assist with the analysis of markdowns and promotions, ensuring they are in line with profitability goals.
- Support the overall merchandise planning process, including the development of assortment plans and new product launches.
Requirements:
- Bachelor's degree in Business, Retail Management, or a related field.
- Proven experience in merchandise planning, buying, or inventory management in a retail or e-commerce setting.
- Strong analytical skills, with the ability to interpret sales data, trends, and forecasting.
- Familiarity with merchandise planning software and advanced proficiency in Excel or similar data analysis tools.
- Strong understanding of retail operations, including inventory management and stock replenishment.
- Excellent communication and collaboration skills, with the ability to work cross-functionally with various teams.
Job Types: Full-time, Permanent
Pay: RM4,500.00 - RM7,000.00 per month
Benefits:
- Flexible schedule
- Health insurance
- Maternity leave
- Opportunities for promotion
- Professional development
Schedule:
- Fixed shift
Supplemental Pay:
- Performance bonus
- Yearly bonus
Work Location: In person