- To plan and forecast future product demands in line with meeting financial objectives, and to determine purchasing quantities, frequency of purchases and distribution spread for each brand subcategories.
- Set Recommended Consumer Price, and Targeted Initial & Maintain Product Margins for optimal / targeted revenue and profitability generation.
- To coordinate with Procurement Department for the purchasing of products to meet planned products needs, to receive feedback on sourcing of product cost, fabric and quality.
- Review in-season performance and recommend in-season adjustments to achieve sales, margin, and turnover goals.
- Ensure the products appear in the right store at the appropriate time and in sufficient units to maximize sales potential while minimizing lost sale opportunities.
- Monitor and analyse product performance through system-generated reports, and make recommendations on stock movement, replenishment, consolidation, promotions or markdowns whenever necessary.
- Gather information from retail personnel on customers reaction towards new products after each launch and compare results with previous season's launches.
- To review product performance reports among inter-departmental members to strive for continuous improvement.
- Liaising closely with warehouse to ensure stock allocation and movement is successfully executed.
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- Minimum of two years work experience in a buying/merchandising function in the retail industry, preferably in fashion retail.
- Exceptional analytical and strong attention to detail, yet also a pro-active individual with a can-do attitude.
- Outstanding organisational skills and experience in effectively coordinating projects across multiple departments / functions against deliverables.
- Demonstrate strong entrepreneurial drive who is a self-starter that takes initiative, fast learner, resourceful, and willing to get hands dirty to achieve results and goals.
- Advance level of excel skill.
- Able to work independently with minimum supervision and meeting tight datelines.
[Apply now at https://my.hiredly.com/jobs/jobs-malaysia-poney-garments-sdn-bhd-job-merchandising-executive]
