Job Description
Title: Merchandising Manager
Company Name: A Reputed Garments Industries in Adamjee EPZ
Vacancy: 02
Age: 35 to 45 years
Location: Narayanganj
Experience:
∎ At least 12 years
Published: 25 Sep 2024
Requirements:
Additional Requirements:
∎ Age 35 to 45 years
∎ 12+ years of experience in merchandising, product management, or a related field, with progressive responsibility.
∎ Strong understanding of retail and consumer trends.
∎ Proficiency in data analysis and using analytics tools.Excellent communication and negotiation skills.
∎ Leadership abilities with a track record of leading successful merchandising initiatives.
∎ Attention to detail and a proactive approach to problem-solving.
∎ 12+ years of experience in merchandising, product management, or a related field, with progressive responsibility.
∎ Strong understanding of retail and consumer trends.
∎ Proficiency in data analysis and using analytics tools.Excellent communication and negotiation skills.
∎ Leadership abilities with a track record of leading successful merchandising initiatives.
∎ Attention to detail and a proactive approach to problem-solving.
Responsibilities & Context:
∎ Develop and execute merchandising strategies in alignment with the company's overall business objectives and target market. Analyze market trends, customer preferences, and competitors to identify opportunities and potential risks.
∎ Collaborate with the product development team and suppliers to curate a compelling product assortment that meets customer needs and preferences. Conduct regular market research and gather feedback to adjust product offerings accordingly.
∎ Determine appropriate pricing strategies to optimize sales and profitability. Monitor and analyze product performance to ensure products achieve target margins and financial goals.
∎ Forecast demand and manage inventory levels to avoid stockouts and overstock situations. Work with the supply chain team to ensure timely replenishment and efficient inventory turnover.
∎ Build and maintain strong relationships with suppliers and negotiate favorable terms and conditions. Collaborate with suppliers to ensure timely product delivery and address any quality or sourcing issues.
∎ Plan and execute sales promotions and markdown strategies to drive sales and clear slow-moving inventory. Monitor the effectiveness of promotions and make data-driven decisions to improve future campaigns.
∎ Work closely with the marketing team to develop effective product marketing and promotional plans. Collaborate with the sales team to understand customer feedback and market demands.
∎ Utilize sales data and analytics to identify trends, opportunities, and areas for improvement. Generate regular reports on product performance, sales, and inventory metrics.
∎ Develop and manage the merchandising budget, ensuring cost-effective strategies are implemented.
∎ Provide guidance, mentorship, and support to merchandising team members. Foster a collaborative and results-driven work environment.
∎ Any other relevant responsibilities assigned by the Management.
∎ This position will be responsible for:
∎ Develop and execute merchandising strategies in alignment with the company's overall business objectives and target market. Analyze market trends, customer preferences, and competitors to identify opportunities and potential risks.
∎ Collaborate with the product development team and suppliers to curate a compelling product assortment that meets customer needs and preferences. Conduct regular market research and gather feedback to adjust product offerings accordingly.
∎ Determine appropriate pricing strategies to optimize sales and profitability. Monitor and analyze product performance to ensure products achieve target margins and financial goals.
∎ Forecast demand and manage inventory levels to avoid stockouts and overstock situations. Work with the supply chain team to ensure timely replenishment and efficient inventory turnover.
∎ Build and maintain strong relationships with suppliers and negotiate favorable terms and conditions. Collaborate with suppliers to ensure timely product delivery and address any quality or sourcing issues.
∎ Plan and execute sales promotions and markdown strategies to drive sales and clear slow-moving inventory. Monitor the effectiveness of promotions and make data-driven decisions to improve future campaigns.
∎ Work closely with the marketing team to develop effective product marketing and promotional plans. Collaborate with the sales team to understand customer feedback and market demands.
∎ Utilize sales data and analytics to identify trends, opportunities, and areas for improvement. Generate regular reports on product performance, sales, and inventory metrics.
∎ Develop and manage the merchandising budget, ensuring cost-effective strategies are implemented.
∎ Provide guidance, mentorship, and support to merchandising team members. Foster a collaborative and results-driven work environment.
∎ Any other relevant responsibilities assigned by the Management.
Skills & Expertise:
Compensation & Other Benefits:
∎ Mobile bill, Provident fund, Gratuity
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ As per company policy.
Workplace:
∎ Work at office
Employment Status: Full Time
Gender:
∎ Only Male
Job Location: Narayanganj
Company Information:
∎ A Reputed Garments Industries in Adamjee EPZ
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 24 Oct 2024
Category: Garments/Textile