Merchandising Supervisor

The Merchandising Supervisor maintains a commercially balanced and evolving merchandise program; aims to achieve profitability and hastened merchandise movement through effective buying and inventory management.

Responsibilities

Merchandise Planning and Buying

• Formulates and monitors OTB plan as approved by Merchandising Manager;
• Supports Merchandising Manager in setting directions through proactive feedback on the effectiveness of previous and current merchandise strategies as well as identification of focus, growth, and exit areas;
• Puts together a commercially balanced product range reflective of agreed business plans, market positioning and customer profile which may include e.g., SMU, Online exclusives;
• Communicates and negotiates with suppliers regarding samples, orders, FOB prices, MOQs and brand building support among others
• Prepares line plan and works with Channel Merchandiser on distribution strategies and applicable revisions once orders have arrived

Inventory Management

• Monitors sell through at brand level of products and proactively takes action to ensure maximum sales and profit is achieved
• Monitors and assesses correctness of current product mix and makes appropriate actions to maximize bestsellers, minimize risks and identify gaps in the market
• Monitors inventory levels and aging and takes action to bring them to profitable levels
• Discusses and coordinates with Brand Person on promotions to improve product sell-through
• Implements discounting and depletion strategies that are timely and maximizes profit both online and offline

Monitoring and Assessment

• Handles participation in merchandising initiated sale events and/annual bodega sale
• Coordinates with Account Executives on inquiries, orders, stocks and reports relating to corporate orders
• Reviews any other pertinent documents and forms related to the department and its staff (i.e. Price List, Remittance Advice, Request for Payments, etc.)
• Builds on product knowledge and category expertise through familiarization with competitor and complement brands’ product ranges, pricing and positioning
• Conducts regular store visits and validates flow of merchandise strategy from back-end to front-end and considers appropriate actions to improve
• Attends trade exhibits and meetings with principals/suppliers as assigned
• Builds on customer, market and competitor intelligence; establishing similarities and differences in doors per grading band, size or area

People Management

• Works closely with Merchandise Head on workload of merchandise team and recommends necessary prioritization
• Trains, coaches and develops more junior members of merchandising team thus improving their competencies and increasing overall team productivity
• Develops and conducts product training for door staff and Merchandising Assistant

Minimum Requirements/Qualifications

• Educational Background: Educational Background: Bachelor’s Degree in Business Management, Entrepreneurship, Marketing, or any related course
• Work Experience: At least 3 years work experience in merchandising, marketing, and retail business
• Certification or Licenses: Not Required

Preferred Requirements/Qualifications

• Oral and Written Communication
• Analytical Problem Solving
• Customer Focus
• Product Knowledge
• Time Management
• Organization
• Leadership
• Interpersonal Relationship
• Decision Making