Purpose & Overall Relevance for the Organization:
Execute effective and accurate products investment to achieve the assigned brand or channel financial target (NS, profitability, ST% and inventory)
- Develop category strategy and execute seasonal buying accordingly
- Right product, right time, right place (trend research, market survey, store assortment, size optimization)
- Play a key role to share product information and knowledge within retail teams (in-season management, store operations and store managers)
Pre-Season Merchandise Planning
- Manage the Open-To-Buy by category according to buying strategy, financial target, and historical analysis
- Conduct historical analysis and prepare pre-season buying guideline
- Work closely with BU & AP Category Planning to understand marketing concept (reason to buy) and product knowledge on seasonal or quarterly basis
- Width planning: Collaborate with AP Assortment Planning when building assortment plan (in width) by channel, store format as well as store grading, consider SKU plan with option turn analysis
- Communication with AP (Brand Center Overlap, Take%, Compliance% management )
- Depth planning: Lead development of the right assortment by channel or store format and determine appropriate order depth
- Plan and execute Retail forecast as considering demand and inventory
- Follow GTM process and quarterly trade meeting for entire Retail channels
- Gather sales trends, market insight or requirements to provide them to BU or AP teams
Process and In-Season merchandising management
- Manage handover process to In-season team for trading (initial dispatch to replenishment)
- Analyse in season performance tracking reports
- Track repeat or Spot plan on Speed articles (Naver out of stock)
Post-Season Review
- Prepare and conduct analysis and documentation for post-season review
- Perform seasonal deep dive analysis to develop action steps for next season
People management
- Manage, coach and support team members
Key Relationships:
- BU & AP functions
- Global Retail Merchandising
- Demand planning
- Supply Chain (Purchasing)
Knowledge, Skills and Abilities:
- Team managing skills
- Advanced skills in MS Office
- Fluent in English
- Advanced understanding of Retail Management systems
- Strong analytical skills
- Structured, organised and process orientated
- Attention to detail as error in analysis will have crucial impact to business
- Ability to work effectively within a team environment and under pressure
- Strong sense of Sports & fashion trends
Requisite Education and Experience / Minimum Qualifications:
- University degree and/or commercial training in the area of Finance, Accounting, Economics, Marketing or Sales are preferred.
- Merchandising experience: 5-6 years
- Management Experience preferred