Sharaf Retail
Sharaf Retail is seeking a dynamic and experienced Merchandising Manager to join their fast paced fast fashion retail team in Near Chilis Rest, Garhoud, Dubai, UAE. Candidate will be responsible for driving the merchandising strategy and maximizing sales and profitability for their product lines. Candidate will work closely with cross functional teams including buying, planning, and marketing to ensure that their merchandise assortment meets customer demands and aligns with company objectives. This is a Senior level full time job. And salary can range between 10000-25000 AED/month.
Responsibilities of Merchandising Manager
- Develop and implement strategic merchandise plans that align with company goals and seasonal trends.
- Analyze sales data, market trends, and customer insights to identify opportunities and risks in the market.
- Collaborate with the buying team to create balanced and appealing product assortments that cater to target customer demographics.
- Manage the product lifecycle from concept to execution, ensuring timely delivery and inventory management.
- Forecast and plan inventory levels based on sales projections and historical data.
- Optimize inventory turnover, markdowns, and sell-through rates to maximize profitability.
- Build and maintain strong relationships with vendors and suppliers to negotiate pricing, terms, and product quality.
- Continuously evaluate vendor performance and identify new sourcing opportunities.
- Develop promotional strategies and campaigns to drive sales and traffic both online and in-store.
- Coordinate with marketing and visual merchandising teams to ensure effective execution of promotional initiatives.
- Monitor competitor activities and industry trends to capitalize on market opportunities and mitigate risks.
- Conduct regular store visits and gather feedback to assess product performance and customer preferences.
- Set and manage merchandise budgets, ensuring alignment with financial targets and profitability goals.
- Analyze sales reports and financial data to measure performance and make data-driven decisions.
- Lead and mentor a team of merchandising assistants and coordinators, providing guidance and support in achieving departmental objectives.
- Foster a collaborative and results-driven work environment focused on innovation and continuous improvement.
Requirements for Role of Merchandising Manager
- Bachelor’s degree in Merchandising, Business Administration, or a related field (Master’s degree preferred).
- 2+ years experience as a Merchandising Manager or in a similar role within the fast fashion or retail industry.
Skills And Knowledge Desired
- Strong understanding of retail math, inventory planning, and product lifecycle management.
- Excellent analytical skills with the ability to interpret sales performance data and market trends.
- Strategic thinker with a creative mindset and a passion for fashion and consumer trends.
- Exceptional communication and negotiation skills with the ability to build and maintain effective relationships.
- Proficiency in merchandising software and Microsoft Office Suite (Excel, PowerPoint, Word).
