• Maintain strong vendor relationships, negotiating pricing, terms, and delivery schedules to secure the best possible deals and ensure timely and efficient product procurement.
• Track inventory levels and product performance, employing data-driven insights to maintain ideal stock quantities and prevent inventory surplus and shortages.
• Execute periodic store surveys and market investigations to assess product positioning, analyze competitor initiatives, and gather valuable insights for enhancing the merchandise strategy.
• Nurture effective alliances with sales and marketing counterparts, conducting extensive market trend studies to ensure competitive product assortments that cater to evolving consumer preferences.
• Undertake regular store assessments and market appraisals to gauge product presentations, examine competitor maneuvers, and gather vital input for refining the merchandise plan.

Skills

• Excellent communication skills.
• Exceptional at fostering productive communication with suppliers, negotiating deals, and collaborating with cross-functional teams to align merchandising strategies with business goals.
• Exhibits a profound grasp of profit margins, inventory flow, and financial indicators, actively contributing to the formulation of profit-driven strategies and the overarching success of the business.
• Possesses strong multitasking abilities, efficiently managing concurrent initiatives, and skillfully discerning task priorities to drive sales productivity and refine product assortment strategies.
• Exhibits a detail-oriented mindset, overseeing meticulous inventory management, crafting visually striking product layouts, and ensuring unwavering brand compliance throughout the merchandising process.