Assistant Retail Merchandising Manager
Lacoste
Posted on 2024-09-02
Not Specified
6 year(s) work experience
Job Highlight
Job Description
Job Responsibilities
Merchandising & Buying
- Manage assortment plan across all product categories and seasons
- Develop and execute effective buying strategies that align with our business objectives
- Develop and implement merchandising plans, including product assortment, allocation, and pricing strategies
- Manage Open-to-Buy (OTB) and assortment plan across all product categories and seasons
Inventory Control
- Monitor inventory levels and manage auto replenishment system, ensuring optimal stock availability while minimizing excess inventory
- Develop and implement inventory management strategies to minimize out-of-stock or overstock situations
- Facilitate stock transfers, consolidation and replenishment to ensure efficient allocation of inventory and meet demand requirements
Retail & Training
- Conduct regular store visits and market research to assess product performance, gather customer feedback, and identify opportunities for improvement or new product introductions
- Analyze product performance, reviewing sell-through rates and customer feedback to inform future buying decisions and merchandising strategies
- Provide product training to retail staff, ensuring they are knowledgeable and equipped to effectively promote and sell products
Others
- Collaborate with retail to develop and implement promotional strategies to drive traffic, increase sales, and clear excess inventory in outlet
- Conduct market research and analysis to identify emerging trends, customer preferences, and competitor activities to inform buying decisions
- Conduct pricing analysis and establish competitive pricing strategies to drive sales
Job Requirements
- Degree holder in relevant study;
- 6+ years of relevant experience in brands and multinational companies;
- Experience in developing and executing buying strategies, implementing merchandising plans, and managing inventory
- Strong understanding of retail merchandising principles, including product assortment, allocation, and pricing strategies
- Excellent analytical skills to interpret data, identify patterns and trends, and make data-driven buying and merchandising decisions
- Keen attention to detail to ensure accurate product assortment, allocation, pricing, and promotional strategies
- Good presentation & communication skills
- Fluent in English and Chinese (Cantonese & Mandarin)
- Proficient in MS PowerPoint, Word and Excel
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Job Function | |
Work Location | Not Specified |
Education |
Degree
|
Skills | Sales / Communication / Microsoft Word / Microsoft Excel / Microsoft PowerPoint |
Spoken Language | Fluent Cantonese / Fluent English / Fluent Mandarin |
Employment Type | Full Time |
Industry | Wholesale / Retail |
About company
Lacoste
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