Job Description
The Merchandising Officer shall take accountability for driving sales and profitability of the store through strategic merchandising effort.
Duties And Responsibilities
- Responsible for the timely preparation and submission of the annual merchandising budget to the Store General Manager.
- Ensures that all merchandising/buying activities are within the approved purchase budget.
- Accountable for proper selection and control of merchandise inventory and ensures that these are in accordance to the local market requirements .
- Support stock requirements of the store through effective and efficient allocation of new items and/or replenishment of fast selling lines.
- Accountable for establishing inventory targets and analyzing/ maintaining the desired stock covered at all times.
- Respond to any stock related issues (e.g., Pricing, Quality , Availability and etc) and takes the appropriate action to rectify such issues.
- Establish a clear pricing architecture for every product category .
- Ensure that store team members maintain a thorough product knowledge at all times
- Proactively resolves any supplier related issues and communicate the same to the Store General Manager.
- Awareness of Market trends and utilize information to expand/improve product portfolio of the store.
- Conduct regular store visit independently and contribute action plans that will improve store performance.
- Consistently strive to move the visual look of the store forward.
Qualifications
- Bachelors Degree in Business Administration major in Accounting, Economics, Finance or any other business related courses.
- At least Three (3) years of merchandising experience in a department store or any retail set up preferably in Home Furniture/ Appliances.
- Must have at least 2 years supervisory of officer level experience.
- Computer literate, familiar in database and inventory control software
- Has eyes for details and with good communication skills.