Merchandising Associate
Full-time AssociateJob Overview
Objective
Responsible to assist the Merchandising Manager to ensure business objectives and merchandising support administrative functions . You are responsible to support the Merchandising team to ensure the right product, in the right place, time, quantity and price.
Key Responsibiliteis:
- Vendor/ Supplier management support - Build strong relationships with category-specific vendors/ suppliers assigned.
- Generate periodic Sales Reports and analyse consumer buying patterns, market trends, sales report, store growth and ranking reports.
- Regularly monitor stock ordering status and inventory level.
- Update retail pricing and planogram. Ensure that pricing is correct and send to the relevant department (Operations / VM department).
- Prepare and process purchase orders.
- Review product pricing and profit margins, sales report and sales analysis.
- Maintain effective communication with suppliers and various departments.
- Inventory management support - review aging/ slow moving products.
- Update promotion list and communicate to Operations/VM department as and when there are changes.
- Prepare presentations and reports for management meeting.
- Submit damage goods report to supplier for claims.
- Support the Merchandising team in negotiations with brands on promotions and other issues.
- Schedule meetings with vendors to address business needs.
- Maintain suppliers' information, terms and conditions.
- Performs other related or ad hoc tasks as instructed by immediate superior.
Requirements
- Bachelor’s degree in Business, Marketing, or related field.
- Prior experience in merchandising or retail buying will be advantage but not mandatory as training will be provided.
- Strong analytical skills with an ability to interpret sales data using MS Excel.
- Excellent communication skills to work effectively with diverse teams.
- Proficiency in Microsoft Office Suite, especially Excel and PowerPoint.
Benefits
- We offer attractive salary packages that commensurate with relevant work experience
- Annual Leave from 14 days to 18 days
- Medical Outpatient insurance coverage
- Group Hospitalization and Surgery insurance coverage
- Group Dental insurance coverage
- Performance bonuses subject to company's and individual's performances
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