
Senior Merchandise Manager
8 hours ago
This role plays a pivotal part in shaping our buying and merchandising strategy, ensuring seamless execution across all departments.
Key Responsibilities:- Manage merchandise procurement and coordinate with vendors to meet designated departmental needs.
- Source high-quality products at cost-effective prices for respective brands.
- Collaborate with the merchandising team to ensure timely delivery of assigned purchase orders.
- Identify emerging product opportunities through customer need research and technological trend analysis.
- Develop pricing strategies for various product lines in conjunction with the marketing department and management.
- Secure the right product at the right time to meet customer requirements.
- Pursue optimal sourcing channels and explore new opportunities.
- Support negotiation efforts and work with the supply base to achieve best costs and margins.
- Partner with designers on style development, design research trips, fabric advice, and informing best sellers for future styles.
- Work closely with merchandising on stock management, style options, quantities, promotions, and markdowns.
- Maintain awareness of competitors' activities through market research, understanding trends, forecasting, and color, fabric preferences.
- Develop promotional plans, review and adjust season plans, and weekly plans.
- Identify and develop vendors.
- Secure range merchandise through effective negotiation.
- Collaborate with marketing and design to create visual merchandising promotions aligned with themes and product launches.
- Ensure timely delivery of samples by vendors.
- Establish quality standards for merchandise with QA.
- Reconcile store plans and adjust departmental financial plans.
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