Plan stock/intake requirements to meet the budgeted sales. Manage the range building and/or selection/buying process of ranges. Maintain gross profit on purchases and/or net profit on sales in line with overall Business expectations.
Responsibilities:
Responsibilities:
- Manage Business planning & ongoing planning of merchandise & forecasting of sales, subsequently accountable for sales / margin measurement.
- Decide product procurement through host brand range reviews or direct negotiation, including in season buys.
- Assess store execution of merchandising plans, recommend optimum space management options (where applicable) based on store trends / category sales performance.
- Recommend retail pricing levels, decide sale lines & mark down percentage strategy
- Develop relationships with internal/ external contacts, and assess appropriate & critical information.
- Identify /plan promotional events, & deliver in consultation with Operations & VM`s
- Coach & monitor performance of merchandise team within brand. Supervise their activities, maintaining brand & latest fashion trend awareness.
- Pro-actively utilize available software/ systems & identify improvements / requirements for further action.
- Manage / maintain stock file accuracy with a focus on auditable elements.
- Team management
- Negotiation
- Analytical
- Willingness & ability to travel
- Proficient in IT especially Excel
- 2-3 years merchandising experience
- Merchandising systems
- English essential, Arabic preferred
- Retail business and commerciality
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