Merchandising Manager On Mizzen International Seddiqi Holding Dubai

Job Detail

Job ID 36096
Career Level Senior
Experience 5-9 Years
Gender Male Female

Job Description

We are looking for a Merchandising Manager who will be responsible for defining the right assortment for our DTC channel (online and offline) as well as maximizing margins through inventory management & price alignment with brands, executing overall brand strategy, as well as partnering and maintaining key internal and external relationships.

Key Responsibilities of Merchandising Manager

General Management

Executes overall brand inventory and product strategy & plans for On. Needs to be an expert in the specific categories and in the sportswear industry that On competes in.
Reports and analyses business performance by category sales, sell-out, gross margin and turnover and translates insights into key selling points, or category opportunities.

Relationship Management

Coordinates with Brand principals, Logistics, Marketing, Finance, IT and Retail for merchandise cycle.
Manages the relationship and liaises with Brand Principals on matters relating to product launches, marketing campaigns, forthcoming offerings, and events in conjunction with Retail, Marketing and E-Commerce.

Brand Management

Monitors and reports market trends and competitors’ activities to identify opportunities.
Visits stores regularly and understand key issues with brands – gather information on sales results, competitive practices, product availability or replenishment challenges or other relevant data which may impact business performance. Recommends remedial actions accordingly.
Coordinates regular meetings with Area Managers, Brand Team, Distribution team, and Store Managers to share insights arising from market dynamics and brands performance.
Works closely with the Brand team to analyze and report sales related data for products within his brand portfolio and provides insights into capitalizing on sales opportunities.
Ensures proper assortment planning and budgeting for On.

Inventory Management

Manages product portfolio based on demand trends to minimize unnecessary product proliferation.
Monitors and forecasts inventory levels across the brands and locations and ensures proper allocation of merchandise based on sales trends and demand.
Properly manages inventory, stock turnover, terminal stock, expired stock, and stock movement.
Proposes and identifies list of products for buy backs in cases of overstocking & submit to GM.
Prepares and produces seasonal Buy Analysis to direct ranging and ranking decisions during market i.e. Sell-Thru
Analyses product category and identifies regional nuances and opportunities for growth
Defines discount strategies on markdowns, promotions, and sample sale at style level
Develops and is responsible for managing the OTB budgets
Studies productivity of products and categories for effective buys and replenishments
Follows up on stock adjustments to ensure stock health in POS with focus on stock discrepancies, POSM, testers and samples
Ensures all packaging requirements for brands is fulfilled for both retail and E-commerce

Marketing

Reviews marketing plans to ensure alignment with inventory
Strategize and formulate actions to drive trade in underperforming product categories

Stakeholders Management

Oversees the distribution channels (Duty Free, department stores, wholesale accounts or online platforms) to ensure timely orders, replenishment, and presence alongside the supply chain executive.
Works closely with corporate sales department to provide the right support to complete sales.

People & Leadership

Provide direction and supervision to the Brand Coordinator, and overseeing constant skill development
Ensure effective communication between team to ensure everyone understands their roles, responsibilities, and KPIs.
Provide guidance, support, and ensure there is a positive and motivating environment, challenging team members to meet set targets.
Conduct appraisal analysis to identify team members with potential and eligibility to develop further.
Ensure underperforming members are notified and provide guidance and support on how they must improve, and if deemed necessary corrective action can be taken.
Regularly, following a defined structured process, monitor staff’s performance and provide feedback and support if necessary.

In order to be successful in this role, Merchandising Manager should have

Bachelor Degree or equivalent in International Business/ Marketing / Mass Communication.
5-8 years job related experience
Familiar with different forms of affiliated marketing, social networking and digital marketing platforms.
Extensive knowledge of fashion trends & styles and local media scene.
Knowledge in the marketing of fashion or Sports segment.

Merchandising Specialist On, Mizzen Seddiqi Holding Dubai