Assistant Merchandising Manager
Taipei, TPQ, TW
MAIN PURPOSE
Responsible for product marketing & merchandising related field:
• Work with superior and commercial team to define Maison product strategy and exercise sales forecast with strong alignment with Maison sales strategy as well as sales target.
• Ensure stores are always equipped with sufficient stock for maximized productivity and brand desirability.
• Coordinate with regional office and HQ supply chain for product support to sustain sales & event needs.
• Facilitate product, training, and competitors’ information to the team
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KEY RESPONSIBILITIES
Key Responsibility 1 - Product Marketing/Merchandising
Propose product strategy and be responsible for its implementation
- Marketing Strategy
- Develop marketing strategy/business plan based on HQ product offers, sales history, local commercial, CRM, Event, PR plans for all categories; including Jewelry, Watches, High Jewelry, HTI Watches.
- Monitor & analyze sales performance and HK warehouse & BTQ stock levels.
- Re-balance BTQ stock based on discussion with commercial team.
- Identify over-stock/slow movers/discontinued items to alert GM and commercial team, and/or propose action plans.
- Define and follow up on Boutique Typology and its Core Assortment
- Closely monitor sales performance, feedback and stock levels of newly launched product, and report to GM with relevant action plan to avoid overstock or loss on potential sales.
- Optimize product assortment and stock efficiency, at the same time, aligned with VM team when implement BTQ display/VM plan.
- Ensure Merchandising KPI achieved (sales forecast accuracy rate, stock cover months…etc.)
- Orders / Delivery
- Liaison with HQ, NEA and local logistic for product delivery, import/ export matters.
- Follow up orders of Watch / Jew / Acc: daily, weekly and monthly basis; Inquiry and special orders, as well as Back to Back orders.
- Product allocations : Ensure product allocation in-line with marketing strategy, commercial launch calendar, sales forecast, MDS & Assortment between retail and wholesales channels.
- CASS & Logistics Issues; Damaged products / boxes, packaging, certificates…etc.,
- Staff sales and staff purchase handling.
Key Responsibility 2 - Product Knowledge
- Obtain product information/knowledge from HQ.
- Share product information/knowledge and launch guidelines to Maison TW team.
- Support event and activations by gathering product list and information and sharing with commercial, CRM, PR/Event team at least 1 month in advance.
- Coordinate with trainer to prepare product training deck.
- Collect competitors’ product information as comparison to support SA selling ceremony.
Key Responsibility 3 - Pricing
- Follow up on price adjustments based on HQ’s instructions, and ensure local execution properly.
- Investigate contradiction whenever there is price adjustment, new price update/ new model being launched.
- Collect and compare with competitors’ price position, to strengthen SA’s confidence or propose to GM, NEA, HQ with a competitive pricing at local.
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REQUIREMENTS
- Minimum 5+ years’ work experience in retail or merchandising in fashion and/or luxury related industry.
- Familiar with product supply chain; inventory management, import and export process & regulations.
- Good sense of numbers and analytical skills.
- Communication/interpersonal skills, proactivity, operational and action oriented