Senior Executive - Retail Merchandising (Men`s Footwear)

Job Description

Title: Senior Executive - Retail Merchandising (Men`s Footwear)

Company Name: Vibrant (Concern of US Bangla Group)

Vacancy: 02

Age: At least 25 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 4 years
• The applicants should have experience in the following business area(s): Leather goods/ Footwear/ Tannery, Group of Companies

• Bachelor of Science (BSc) in Leather Engineering

• At least 4 years
• The applicants should have experience in the following business area(s): Leather goods/ Footwear/ Tannery, Group of Companies

• Age At least 25 years

• Strong understanding of footwear products, construction, materials, costing, and retail merchandising.

• Strong analytical and commercial decision-making skills.

• Advanced MS Excel skills including Pivot Table, VLOOKUP/XLOOKUP, data analysis, and reporting.

• Strong negotiation, supplier management, and communication skills.

• Good understanding of OTB, buying, assortment planning, inventory management, sell-through, and margin management.

• Strong market research and trend analysis capability.

• Good understanding of retail and visual merchandising principles.

• Strong coordination and follow-up skills with internal and external stakeholders.

• Ability to work under pressure and meet buying, production, and product launch deadlines.

The Senior Executive – Retail Merchandising (Men’s Footwear) will be responsible for developing and managing the Men’s Footwear category for the retail business, with a strong focus on market trends, product assortment, sourcing, buying, costing, margin, inventory, supplier management, and sales performance.

The role will manage sourcing from own manufacturing, local suppliers, and overseas/import suppliers and ensure timely availability of the right products at the right price, quality, quantity, and season.

Key Responsibilities

Product & Category Development

• Develop the Men’s Footwear product range and assortment based on market demand, customer preferences, fashion trends, price points, and brand positioning.
• Identify market gaps and opportunities for new product development.
• Coordinate with Product Development, Design, QC, and suppliers for product development and commercialization.
• Monitor market trends, competitors, fashion, materials, colors, and construction techniques to strengthen the category.

Buying & Merchandise Planning

• Prepare category-wise buying plans, OTB (Open to Buy), and seasonal/monthly budgets.
• Plan and execute buying according to business targets, brand strategy, sales forecast, and inventory requirements.
• Manage assortment, quantity, size ratio, price range, and product mix.
• Identify best sellers for repeat orders and slow-moving products for corrective/marketing actions.
• Ensure timely availability and distribution of finished goods across retail outlets.

Sourcing & Supplier Management

• Source finished footwear from own factory, local suppliers, and overseas/import suppliers.
• Identify and evaluate potential suppliers based on quality, price, capacity, lead time, and reliability.
• Negotiate cost, MOQ, lead time, payment terms, and commercial conditions while maintaining target margins.
• Monitor supplier performance and ensure timely production and delivery.
• Follow up closely on outsourcing, production, shipment, receiving, and QC issues.

Costing & Commercial Management

• Analyze product costing and ensure achievement of target cost and margin.
• Coordinate with Accounts & Finance, Costing, Audit, Supply Chain, and Commercial teams for buying and commercial activities.
• Prepare and manage required RIMS PO, VAT PO, Supplier PO, and other relevant purchase documents.
• Review OTB, budget utilization, purchase value, margin, and category profitability.

Inventory & Retail Distribution

• Monitor stock position, sell-through, aging, and inventory turnover.
• Ensure proper distribution of finished goods across retail selling points.
• Recommend shop-to-shop inter-transfer and stock regrouping based on sales performance and stock requirements.
• Coordinate replenishment and repeat orders for high-performing products.
• Identify aged and slow-moving inventory and coordinate appropriate marketing or liquidation actions.

Quality & Production Follow-up

• Coordinate with QC for inspection planning and product quality issues.
• Ensure products meet approved samples, specifications, quality standards, and workmanship requirements.
• Follow up on production and QC issues with suppliers and relevant internal teams.
• Support resolution of quality, delivery, and specification-related issues before product acceptance.

Marketing & Category Support

• Select appropriate finished goods for marketing campaigns, promotions, seasonal activities, and special offers.
• Coordinate with Marketing and Retail teams for product launches and promotional activities.
• Support category-level initiatives to improve sales, margin, product visibility, and inventory movement.

Reporting & Analysis

• Prepare and analyze sales, buying, OTB, stock, sell-through, margin, supplier performance, and category performance reports.
• Use data to make informed decisions on buying, replenishment, pricing, assortment, and inventory.
• Prepare regular management reports and highlight key business risks and opportunities.
• Ensure execution of merchandising activities according to the Merchandising Calendar.

• T/A,Weekly 2 holidays,Mobile bill
• Lunch Facilities: Full Subsidize
• Salary Review: Yearly
• Festival Bonus: 2