Brand Merchandise Planning & Product Selection:
•Prepare annual plans for the brand and provide inputs to concept GM/CEO to assist creation of overall merchandising budget for concept
•Study merchandise requirements for the assigned brand based on actual sales, sales forecasts, company order parameters, inventory checks, forthcoming events, replenishment needs etc
•Monitor creation of merchandise plan for the brand based on insights gained from merchandise analytics, customer preference, historical trends and future outlook
•Discuss and decide the merchandise plan (pricing, promotion, assortment etc.) for the brand with Merchandise and planning department
•Ensure effective in-season management across territories (stock balancing, markdown management, stock analysis, stock vs sales performance)
•Order & Principal Management
•Acquire NEW brands to add to my existing portfolio to maximize market share
•Maintain relationships with all principals and co-strategize a long term plan for the business
•Review the financial and credit services agreement with the principal in order to maximize profits and positively contribute to healthy cash-flow
•Monitor orders based on the buying plan and follow-up to ensure merchandise delivery
•Category and Brand Standards
•Understand the brand standards (retail operations, staff, customer service, product specifics, visual merchandising)
•Obtain brand manuals and ensure implementation of the retail and customer service standards to result in customer satisfaction in the stores
•Conduct a yearly training for sales team to ensure highest levels of qualification, resulting in individual promotion and team recognition
•Plan and develop the visual merchandising calendar for the brands
•Ensure all brands are displayed during the season with the proper displaying tools
•Purchasing the display stands, Mannequins & all other display tools
•Market & Competition Research
•Selling to new customers in the market by approaching retailers & Competitors shops
•SWOT Analysis
•Visiting competitors to know their product range and pricing and also check for any fake items available in the market
•Research and look at new channels for brand outlets
•Research in the latest trends in products, brands, styles, designs etc
•Marketing
•Plan marketing programs for brands
•Ensure campaigns, promotions, special offers (Ramadan), marketing communications are implemented according to seasonal requirements
•Creating modification packages that are attractive to the customers and also boost sales of units and accessories
•Ensure all these activities are carried out in a cost-effective way
•Preparing the list of products which supposed to be posted on Souq.com & Our Ecommerce website
•Promoting our products through our Accessories trailer Box on event locations
•Category Growth & Profitability
•Develop the new brand launch strategy (across territories) in consultation with the principals.
•Control costs within budgetary guidelines with respect to the OTB’s (Open to Buy)
•Maximize productivity in stores through effective deployment of resources (Trainings)
•Ensure complete sell through as per brand product, style and assortment plans (basic safety, gears, modification etc.)
•Collect feedback from Territory on Brand acceptance and customer expectations
•Ensure adherence to financial plan in all key areas - sales, markdowns, margin & average inventory etc
May, 2014
Nov, 2017 Mebar Auto Repairing
- Company industry:
- Automotive Dealership & Distributor
- Job role:
-
Sales
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