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Merchandiser - Sports
3 months ago
Are you ready to embark on an exciting journey in the world of fashion and e-commerce? Namshi, the #1 online fashion destination in the Middle East, is looking for talented individuals like you to join our dynamic team. We are a community built around young people who are making waves in the region. They’re changing the future, and we’re right next to them every step of the way. If you're passionate, innovative, and eager to be a part of a company whose mission is to be the region’s favorite closet, then Namshi is the place for you.
Discover your potential with us and help us redefine the way people shop online and ignite a new generation of personal expression through style. Let's move together
What you'll do:Own and lead category’s sales forecasting and demand management across GCC markets.Report into the Senior Merchandiser or Category Head (depending on category)
Forecasting & PlanningReview and analyze sales trends. Research demand drivers. Develop statistical planning models and implement & review resultsCreate rolling 12 month forecast plan, on monthly basis to build up future stock levelsBased on forecast, calculate the stock requirement, and manage purchases accordinglyPlan & monitor replenishment across territories by establishing replenishment parametersMonitoring aging stock level and building liquidating strategy with Buying teamCollaborate with the Buying and relevant business leads to resolve out of stock or stock shortage situations
Inventory Stock OptimizationEnsure optimum category inventory levels are maintained at Concept/Territory keeping in mind sale requirements as well as working capital constraintsEnsure that no instances of category stock outs occur on account of any discrepancy on part of merchandise planning
Stock CoordinationSupervise stock transfers and reconciliationEnsure processes in place as well as track adherence for all stock movement with suppliers & warehouse
Merchandise Planning & ReplenishmentTrack and drive category P&Ls to monitor top line and profitability goalsAnalyze sales trends and product life cycles, use data to identify and prioritize opportunitiesWork closely with Buying teams to identify bestsellers and iterate best sellers to maximize the product salesPrepare and maintain department/category merchandise MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forthcoming events, replenishment needs etc
Margin & Pricing OptimizationDevise a comprehensive pricing/ discount strategy and roadmap to maximize sell through by working closely with the buying teamsMaintenance of Price Sheets and suggesting category wise pricing basis sales aging & marginCustodian of day-to-day Price/Margin of the productsCollaborate with relevant teams to propose and finalize suitable promotion strategies while continually monitoring competitor efforts, to drive in season trade, provide inputs for promotional activity
Performance TrackingKeep a constant update on how the department is tracking to budgets and use this in line with the shipment plan to make sure product is dropping when you need itRun week/month end report to discuss performance against target sales
What you'll need:
Bachelor degree in Business, Economics, Mathematics, Engineering or StatisticsMinimum of 5-7 years of relevant experience in demand planning and forecasting in a multi-branded environment in an Ecommerce companyGood Knowledge of Fashion Buying within an Ecom organizationCore Demand planning and forecasting experience and data modelingManagement of P&LAdvanced level of Excel is mandatoryStrong mathematical and statistical knowledgeAnalytical ThinkingAccountability/OwnershipStrong problem solving skillsHighly motivated self-starter
Who will excel?The ideal candidate will be comfortable in a fast-paced, multi-tasked, high-pressure environment with a strong passion for delivering results. A candidate who has a successful history of working in teams solving challenging topics and is willing to roll up their sleeves to get the job done. At Namshi/noon, we have the courage to pursue what seems impossible. We work hard to get things done. We go to great lengths to ensure that the experience is stellar but above all, we are grateful for the opportunities we have. If you feel the above values resonate with you – you will enjoy this incredible journey with us
**Due to the high volume of applications received, please note that only candidates who have been selected for further consideration will be contacted***
