Merchandising Manager Seddiqi Holding Dubai
Full time @Ahmed Seddiqi & Sons posted 1 month ago in Retail Shortlist Email JobJob Detail
-
Job ID 22855
-
Career Level Senior
-
Experience 5-9 Years
-
Gender Male Female
Job Description
Merchandising Manager On Mizzen International at Seddiqi Holding will be responsible for defining the right assortment for their 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. This is a Senior level full time job. And salary can range between 15000-30000 AED/month.
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
What you will do more
- 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.
Requirements for Role of Merchandising Manager
- Bachelor Degree or equivalent in International Business/ Marketing / Mass Communication.
- 5-8 years job related experience.
Skills And Knowledge Desired
- 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.
Other jobs you may like
-
Integration Architect Jumbo Group Dubai
- @ Jumbo Group
- Dubai Central Service Centre - Jebel Ali Jebel Ali Industrial Area No.2, P O Box 3426, Dubai, AE