Merchandising lead
Alabang Muntinlupa City, National Capital Region
Posted 2 days ago
- Company:
- Sonak Corporation
- Company Description:
- SONAK was established with a clear purpose in mind: to promote health and wellness, allowing our customers to experience the positive energy that sports and fashion brings. With over 50 years of experience, SONAK has emerged to be one of the big names in bringing premium sporting goods, footwear, apparel, and sports medicine brands in the country. We're moving in lightning speed with innovation and technology to reach more people across geographies. Working with SONAK means getting to know the company's number one driving force: our people. We love to unlock our employees' potentials, never settling for what you already know. If you're someone who shares the same "can-do" attitude, respect for others, dedication, and passion for excellence, this opportunity could be a great fit for you!
- Contract Type:
- Full Time
- Experience Required:
- 1 year
- Education Level:
- Bachelor’s Degree
- Number of vacancies:
- 1
Job Description
· Responsible for the formulation of merchandising strategies and attainment of sales/margin goals at the least inventory
· Ensure maximize sales potential and profit through manipulating product mix, pricing, margins, coloring, sizing, store distribution and delivery phasing considering historical performance, current brand direction and trends in the market
· Communicate and negotiate with suppliers regarding samples, orders, FOB prices, MOQs and brand building support among others
· Prepare order worksheet (new items / re-order / corporate order) and coordinate with brand and store merchandisers and operations for sampling and buying
· Monitor sell through of products and proactively take action to ensure maximum sales and profit is achieved
· Monitor and assess correctness of current products and make appropriate actions to maximize bestsellers, minimize risks and identify gaps in the market
· Monitor inventory levels and aging and take action to bring them to profitable levels
· Support the Division Head in setting directions through proactive feedback on effectiveness of previous and current merchandise strategies as well as identification of focus, growth and exit areas
· Build on product knowledge and category expertise through familiarization with competitor and complement brands’ product ranges, pricing and positioning.
· Periodically visit the warehouse to check on defective products and recommends appropriate action to be taken to Division Head
· Other tasks as assigned