
Retail Product Planner
1 week ago
This is a challenging and rewarding opportunity to oversee the merchandising function within an organization. As a Merchandise Manager, you will be responsible for developing and implementing merchandising strategies that drive sales growth and profitability. Your expertise will be essential in building strong relationships with suppliers, negotiating contracts, and ensuring timely availability of merchandise.
Key Responsibilities:
- Develop and implement merchandising plans in alignment with business objectives.
- Analyze sales trends and forecast future product demand to inform purchasing decisions.
- Collaborate with buying and design teams to select and procure merchandise.
Product Sourcing and Management:
- Identify and develop strategic vendor partnerships to secure high-quality products.
- Negotiate pricing, delivery schedules, and contracts with vendors.
- Monitor product performance and adjust purchasing decisions accordingly.
Inventory Management:
- Develop and maintain accurate inventory records to ensure optimal stock levels.
- Implement efficient inventory management systems to minimize waste and excess stock.
Performance Analysis:
- Track and analyze sales data to identify opportunities for growth and improvement.
- Report on key metrics such as turnover, sell-through rates, and gross margin.
Team Collaboration:
- Collaborate with cross-functional teams to achieve business objectives.
- Communicate effectively with stakeholders to ensure successful project outcomes.
Qualifications:
- Bachelor's degree in Business Administration, Marketing, Fashion Merchandising, or related field.
- Minimum 2-5 years of experience in merchandising, buying, or retail management.
- Proven analytical and problem-solving skills.
- Excellent negotiation and communication skills.
- Proficiency in MS Excel and merchandising/planning software (e.g., SAP, Oracle, or similar).
- Knowledge of retail math, inventory management, and market trends.],
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