Ensure adherence to visual standards as per brands/company requirements
Improve stock turns for respective brands
Prepare seasonal OTB
Increase footfall conversion into stores through adequate offering and promotional and marketing tools
Negotiate best terms and conditions with suppliers
Build and maintain relationships with key personnel of licensees, suppliers, etc
Source new brands and present new ranges to Commercial Manager to complete and complement existing brands mix.
Supervisory Activities
Ensure proper allocation of merchandise based on sales trends and demand
Analyze every aspect of bestsellers (for example, the bestselling items, price points products, colors or styles) and ensure that bestsellers reach their full potential;
Monitor slow sellers and take actions as necessary;
Plan for withdrawal and redistribution of merchandise from/to stores & warehouses
Plan promotional programs as per seasonal calendar
Ensure that visual standards are communicated and implemented across stores directly or through visual merchandiser/retail coordinators
Visits stores regularly and understand key issues with brands from sales team
Establish direct contact with customers during store visits to gain feedback on brand performance, gaps in assortment and merchandise, customer services, etc
Communicate issues to other departments and plan course of action
Ensure regular training is provided to team members
Evaluate and motivate brands related staff
Execution Activities
Prepare seasonal buy budget
Prepare OTB (Assortments, Product Mix)
Participate in setting sales targets for the brands
Meet with suppliers in order to negotiate cost prices, place seasonal orders, order stock, agree timescales and delivery dates, and complete the necessary paperwork
Design the pricing strategy based on pre-defined markups and market study
Approve on order confirmations, invoices, payments and shipments.
Monitor brand performance through analytical reports
Analyze weekly sales reports especially, Week to Date (WTD) and On Hand Stock levels from this year (TY) to last year (LY).
Monitor and manage Brands profitability by driving full price sales
Plan product ranges/themes and prepare sales and stock plans
Follow-up on new brands performance and profitability to assess success or failure and take necessary actions
Conduct regular visits to the stores to control the quality of retail standards and gather sales team feedback on customers reactions to the relative goods
Undertake sales forecasting and monitoring of inventory levels across the brands
Undertake stock transfers across locations based on sales reports and inputs from stores
Implement marketing, cross selling activities and media planning activities for advertising by coordinating with marketing and CRM Departments.
Undertake promotions across brands along with assistance from team members
Undertake competition store visits on a regular basis and communicate all aspects of competition including traffic, product innovations and performance, floor moves, price value, etc
Visit suppliers abroad, attend fashion fairs (for clothes, shoes & accessories) in order to follow-up on latest fashion trends and gather a fashion culture.
Provide inputs to team members for improving brand performance & undertaking brand rationalization/ evaluation
Undertake problem solving activities related to team members
Prepare a seasonal travel schedule and prepare related travel budget.
Coordination Activities
Coordinate with MIS department for proper processing of orders and data entry
Coordinate with Logistics supervisor to track merchandise ordered and prepare shipping schedule
Coordinate with marketing and CRM departments for execution of marketing and promotional activities
Coordinate with Visual Merchandise Coordinators & Retail Coordinators for execution of visual merchandising activities and changes in display for brands
Coordinate with International business manager to support operation in other countries
Coordinate with Sales team to understand customer preferences & buying behaviour
Coordinate with suppliers and external entities for assistance required to carry out role efficiently
Inform and update all related departments of all transactions or procedures that suppliers/brands affected or intended to execute (i.e.-defects, discounts, shipments, invoices, credits notes, change in contract terms, ownership, business conditions…)
Assist commercial manager and provide input related to brands.
Coordinate with the warehouses the Entry, pricing, distribution and re-distribution of goods.
Perform miscellaneous duties as required
Job Qualifications & Requirements
BS degree in Business Management, Marketing or any related field, Master degree in Fashion or any related field
4 to 7 years directly related to the job summary
Fashion Enthusiast
Have advance exposure to retailing practices, promotions and visual merchandising activities
Have exposure in merchandise planning and brand management
Have exposure to buying/ sales function in a large retail company
Have demonstrated good communication and negotiation skills
Possess Very strong analytical skills
Possess leadership skills
Highly flexible.
Possess Decision-making skills
Have the Ability to handle pressure and meet necessary deadlines.
Possess Team-working and interpersonal skills.
Possess Good organization skills and the ability to multitask.
Have the Ability to work in a fast-paced environment and achieve targets.