Theeb
Theeb
Merchandising Manager
Employment Type:Full Time
Remote Job:No
Monthly Salary:8,000 – 11,999 AED
Minimum Work Experience:2-5 Years
Minimum Education Level:N/A
Listed By:Employer
Company Size:1-10 Employees
Career Level:Mid-level
Gender:Any
Language:English , Arabic
Company Name:Confidential
Description:
Dubai-based beauty company looking for Merchandising Manager to manage inventory and net margins of a range of departments through ideal ordering for a desired stock cover (within OTB) and healthy net margins through controlled markdowns. Arabic language highly beneficial.
RESPONSBILITIES:
• Maintain and update OTB (Open-To-Buy) and order for new and core, within the OTB.
• Forecast sales of core lines based on historical sales, new stores, trends and place reorders accordingly.
• Forecast and place orders for New Launches and work on Initial Allocation / Model Stock.
• Compare Planned Sales versus Actual sales and take necessary corrective steps to maintain brand stock cover at the lowest level possible.
• Monitor and Analyze Best Sellers/ Worst Sellers and New Launches.
• Propose Promotions / Markdowns to achieve planned Margins and analyze the results.
• Approve POs and be informed on Orders / Delivery and other product related issues. (Delays, quality etc.)
• Ensure the inventory is healthy via Cycle / Full count.
• Visit stores and warehouse to check stock integrity on the system.
• Regular analysis of the brand on various aspects and reports for the business.
• Coordinate with the Warehouse. (On allocation status, revising model stocks etc.)
• Joint visits to the stores with buyers, Assistant Merchandise and Retail team on regular basis.
• Support all automation initiatives of the organization (ERP, Systems etc.)
• Undertakes special projects / studies, to improve system, work flow and overall growth of the business.
• Arrive, execute and lead on policies and procedures related to merchandising with other support groups.
• Work with Internal Audit to ensure stock data is accurate
• Develop brand KPI’s with your Manager and deliver the agreed result.
• Manages team and drives meetings in the absence of MP Manager.
• Cross functional working with VM to obtain optimum range by store class.
• Actively suggest discontinuations of poor selling SKU’s and works with buying to suggest replacements.
SKILLS:
• Excellent numeric, logical and analytical skills.
• Very enthusiastic and able to engage in any challenge.
• Has an excellent team working skills with the ability to initiate.
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