Merchandising Manager

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

Interested By University

University Percentage (%)
National University 19.96%
BGMEA University of Fashion & Technology (BUFT) 4.37%
Jagannath University 4.18%
Primeasia University 3.61%
Southeast University 2.85%
University of Dhaka 2.85%
2.85%
University of Chittagong 2.47%
Daffodil International University (DIU) 2.09%
BGMEA University of Fashion & Technology 1.52%

Interested By Age Range

Age Range Percentage (%)
20-30 4.18%
31-35 18.63%
36-40 21.29%
40+ 50.95%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 2.50%
20K-30K 1.92%
30K-40K 0.58%
40K-50K 1.34%
50K+ 93.67%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 5.51%
0.1 - 1 years 2.85%
1.1 - 3 years 4.75%
3.1 - 5 years 2.85%
5+ years 84.03%

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