Job Description: We are looking for a talented and driven Merchandiser to join our team. The ideal candidate will have a keen eye for fashion trends, excellent negotiation skills, and a strong understanding of the retail market. As a Merchandiser, you will be responsible for selecting and purchasing quality products for our brand, ensuring that our inventory aligns with market trends and customer preferences.
Key Responsibilities:
Product Selection:
- Research and identify current and future fashion trends.
- Select and purchase products that align with the brand's image and customer preferences.
- Maintain a balanced product mix and assortment.
Supplier Management:
- Establish and maintain strong relationships with suppliers.
- Negotiate favorable terms, prices, and delivery schedules with suppliers.
- Evaluate and select new suppliers based on quality, reliability, and cost-effectiveness.
Inventory Management:
- Monitor and manage inventory levels to ensure adequate stock without overstocking.
- Analyze sales data to make informed purchasing decisions.
- Coordinate with the sales and marketing teams to plan and execute promotions and markdowns.
Merchandising:
- Develop and implement merchandising strategies to maximize sales and profitability.
- Collaborate with visual merchandising teams to create appealing in-store and online displays.
- Analyze market and competitor trends to inform merchandising decisions.
Budget Management:
- Develop and manage the buying budget.
- Monitor and control expenditures to meet financial targets.
- Prepare and present financial reports on buying activities and performance.
Customer Insights:
- Gather and analyze customer feedback and preferences.
- Utilize customer insights to inform buying decisions and improve product offerings.
- Conduct regular market research to stay ahead of industry trends.
Qualifications:
- Bachelor's degree in Fashion Merchandising, Business, or a related field.
- 3+ years of experience in buying or merchandising, preferably in the fashion industry.
- Strong understanding of retail buying and merchandising principles.
- Excellent negotiation and communication skills.
- Proficiency in using merchandising and inventory management software.
- Ability to analyze sales data and market trends.
- Strong organizational and time management skills.
- Passion for fashion and a keen eye for trends.