Merchandising Manager

Location: Penang

Job Descriptions:

• Merchandising Strategy: Develop and implement merchandising strategies to optimize sales and profitability. This includes assortment planning, pricing strategies, and promotional activities.
• Product Selection and Purchasing: Source and select products that align with the company’s brand and target market. Negotiate with suppliers to secure favorable terms and pricing.
• Inventory Management: Monitor inventory levels and ensure adequate stock levels to meet customer demand while minimizing excess inventory. Implement inventory control measures to optimize stock turnover and minimize carrying costs.
• Market Analysis: Conduct market research and analysis to identify emerging trends, customer preferences, and competitive landscape. Use insights to inform merchandising decisions and product offerings.
• Promotional Activities: Plan and execute promotional campaigns to drive product awareness and sales. Collaborate with marketing and sales teams to develop effective marketing collateral and promotional strategies.
• Visual Merchandising: Work closely with the visual merchandising team to create visually appealing product displays and store layouts that enhance the customer shopping experience.
• Vendor Management: Build and maintain strong relationships with vendors and suppliers. Negotiate terms, resolve disputes, and ensure compliance with contractual agreements.
• Performance Analysis: Track and analyze sales performance, market trends, and key performance indicators (KPIs). Use data insights to identify areas for improvement and make data-driven decisions.
• Cross-functional Collaboration: Collaborate with cross-functional teams, including marketing, sales, operations, and finance, to ensure alignment and integration of merchandising strategies with overall business objectives.

Job Requirements:

• Bachelor’s degree in business administration, marketing, merchandising, or related field.
• Proven experience in merchandising, product management, or retail buying, preferably in a similar industry.
• Strong analytical skills with the ability to interpret data and market trends.
• Excellent communication and negotiation skills.
• Strategic thinker with a customer-centric mindset.
• Able to travel outstation when required.

Others Information:

For those who have what it takes, please send in resume to:
Recruitment Consultant : Ms Yean
Email : yean@brightprospect.com.my