Job Descriptions
Purchasing & Operations
- OTB (Open to Buy)
- Forecast and plan buy
- Review Sales, Inventory, Profit and OTB Budgets vs actual performance to evaluate the achievability of budget using the OTB tool.
- Identifying risks and opportunities to present to the management and share with store leaders
- Review stores benchmark by analyzing historical sales, purchase index, SKU efficiency, and specific store needs as well as strategy planning
- Liaise with marketing team to plan opportunity promotional sales
- Liaise with business development team to suggest product placement and product mix on layout and planogram
Inventory Management
- Analyzing sales data, trends, customer demands and liaison with category manager to create inventory forecasts
- Monitoring inventory levels to ensure that they remain within healthy shelf life
- Tracking shelf life of goods under category of care, updating expiry date wherever applicable
- Managing of inventory under category of care to prevent shrinkage or aged stocks
- Coordinating with suppliers or third party distributors to ensure timely delivery of stocks
- Following SOPs to handle damaged goods or depletion of short shelf life items
- Tracking of shipments to ensure orders placed are all in and checking of invoices & shipping documents where all information are tally
Analysis
- Analyze categories to identify areas of product gaps and business opportunities to enhance competitive positioning
- Analyze market and industry trends to keep products and services in line with changing market conditions and consumer trends
- Managing of timelines & stakeholders for each new product development project
- Sales Data Analysis - Analysis of sales figures and patterns to identify trends & gaps for optimization of sales
Job requirements
- Candidate must possess at least a Bachelor's Degree, Post Graduate Diploma, Professional Degree in related field.
- 2 - 3 years of working experience in the retail industry merchandising, Experience in FMCG is a bonus
- Pro-active self-starter with strategic and analytical thinking skills and presentation skills
- Team player who co-operates well and thrives in a very competitive and fast paced environment.
- Excellent communication & strong business sense and acumen
- Effective Planning & Organization Skills/ Ability to lead
- Entrepreneurial Skills: trendspotting, innovative, good business judgment and acumen.
