The Merchandise Manager will support the Brand Manager in different aspects of the product development. It will monitor the merchandise performance to achieve sales margin and inventory level.
MAJOR ACCOUNTABILITIES:
Buying and Product Range DevelopmentOTB ManagementInventory ManagementReporting and quantitative analytics
SPECIFIC DUTIES & RESPONSIBILITIES:
1. Buying and product range development
Mo
nitor market and co
nsumer trends to identify opportunities for potential merchandise investments.Analyze current merchandise mix for each store ba
sed on their needs and merchandise capacity.Prepare costing and recommended retail price.
2. OTB Planning and monitoring
Will handle OTBs (Open to buy) plans for selec
ted brands.Update OTB mo
nthly to ensure that each brand performance is performing well and is on track.
3. Inventory Management
Mo
nitor incoming deliveries for brands.Mo
nitors sell thru of merchandise per brand and per category.Implement mo
nthly markdown cadence for ageing items.Mo
nitors MOH (month’s on-hand) levels.Coordinates intra and inter-co
ncept store transfers and pulloutsEnsure that all merchandise investments and campaigns are properly pushed throughout the season.
4. Reporting and quantitative analytics
Quantitative reports for brands and key campaign articlesMo
nthly updates on OTBMonthly/quarterly/semi-annual reports for brand principals
5. Principal/Internal Support Functions
Liaises with Principal (Brand, Products, Marketing, Competition, etc.)Act as OIC when Brand Manager is not available
QUALIFICATION:
College graduate preferably in Business Management or any related field.Must have experience in retail merchandising including buying, pricing, and inventory management.Trainings, Seminars, and/or Certification from Fashion School an advantage.Must be sports enthusiast
Planet Sports Inc. spearheaded Planet Sports, The Athlete’s Foot, Sports Warehouse, New Balance Store, Rookie USA, Arena, Pro Touch and Intersport, in the Philippines maintaining over 100 retail stores nationwide. It is also the official distributor for New Balance, Arena, Pro Touch and Haddad Brands.HistoryEstablished on November 20, 1999, Planet Sports Inc. is the leading sports and lifestyle retailer in the Philippines. A joint venture between New Golden Heritage Corp. of Singapore and ASG Holdings with sister companies located in Thailand, Indonesia, India & Vietnam.Product & ServicesHigh Quality Branded Apparel and Footwear.MissionTo inspire more passion for life through our best branded sports and lifestyle products and excellent serviceVisionTo be the No. 1 preferred sports and lifestyle retailer in the Philippines.