PURPOSE & OVERALL RELEVANCE FOR THE ORGANISATION:
This role requires a deep understanding of the kids' market, current trends in sportswear, and consumer preferences. The ideal candidate will lead a team to create compelling product assortments that resonate with young athletes and their parents, driving sales and enhancing brand loyalty.
KEY RESPONSIBILITIES:
Assortment Planning & Merchandising Strategy
- Develop and manage assortment plans tailored to franchise store clusters, ensuring alignment with company targets and customer demand.
- Participate in the Go-To-Market (GTM) process, representing the franchise perspective and providing insights on product selection, range optimization, and market trends.
- Collaborate with BU, and Sales teams to ensure cohesive product strategies.
- Implement new product/category introductions with a structured rollout plan.
Order & Inventory Management
- Execute just-in-time purchasing for pre-selected products, optimizing stock levels to meet sales forecasts.
- Develop and manage purchase plans that align with Open-to-Buy (OTB) budgets and company financial goals.
- Monitor and improve stock turnover rates while minimizing excess inventory.
- Track order fulfillment and follow up to ensure timely product availability.
Sales & Performance Analysis
- Analyze sell-through rates for key products, identifying trends and recommending actions to improve performance.
- Prepare sales forecasts and translate insights into actionable strategies for franchise stores.
- Conduct regular business reviews to assess product performance and adjust merchandising strategies accordingly.
Cross-Functional Collaboration
- Partner with Franchise Operations and Visual Merchandising teams to ensure smooth product launches and in-store execution.
- Serve as the key liaison between BU and Sales teams to align on product strategies.
Team Development & Leadership
- Identify training needs and contribute to the development of team members.
- Conduct performance evaluations and provide coaching to enhance team effectiveness.
Success Metrics:
- Increased ATV (Average Transaction Value), UPT (Units Per Transaction), and conversion rates.
- Improved inventory turnover and reduced excess stock.
- Effective implementation of new product/category strategies.
- High accuracy in sales forecasting and demand planning.
Key Relationships:
- GCA local management team
- BU, CCS
- Brand Marketing Kids Team
- Franchise Operations Team
- Account Sales
Knowledge, Skills & Abilities (KSAs)
Leadership & Business Management
- Strong business acumen, with the ability to manage processes, projects, and drive operational efficiency.
- Results-driven mindset, with a focus on achieving key performance targets.
- Financial literacy, including budgeting, forecasting, and profitability analysis.
- Capability to develop long-term strategies that align with business objectives and respond to market changes
People & Performance Management
- Proven ability to lead, develop, and coach teams to high performance.
- Strong organizational and people management skills, with experience in setting performance frameworks.
- Ability to influence stakeholders and drive cross-functional collaboration.
- Ability to mentor and develop team members, enhancing their skills and fostering professional growth within the company.
Analytical & Decision-Making Skills
- Excellent analytical and problem-solving abilities to interpret sales data and optimize merchandising strategies.
- Strong decision-making skills, balancing data insights with business priorities.
- Ability to identify trends and translate them into actionable business strategies.
Communication & Collaboration
- Exceptional verbal and written communication skills in English and Mandarin.
- Ability to present complex data clearly and influence key stakeholders.
Minimum Qualifications & Experience
- 8+ years of experience in retail merchandising, buying, or sales, with at least 3 years in a supervisory/leadership role.
- University degree (Business, Retail Management, Fashion Merchandising, or related field).
- Strong fashion sensibility and understanding of consumer trends.
- Advanced proficiency in MS Office (Excel, PowerPoint, etc.) for data analysis and reporting.
- Bilingual fluency in English & Mandarin (written and spoken).