Reference Code:  105061

Assistant Merchandising Manager

Taipei, TPQ, TW

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Since 1874, Piaget has been committed to bringing the spirit of Luxury to life thanks to a constant quest for creativity, an unlimited innovation and a respect for excellence. All this being possible thanks to a fully integrated Manufacture mastering watchmaking and high jewelry know-how.
Piaget excels in everything that is rare, precious and exceptional.
Always do better than necessary: the Piaget founder’s motto still remains the guiding principle for all our colleagues across the world who, every day, make Piaget grow with passion.

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