Overview
Merchandiser – Menswear Jobs in Dubai, United Arab Emirates at Namshi.com
Title: Merchandiser – Menswear
Company: Namshi.com
Location: Dubai, United Arab Emirates
Who are we?
Are you ready to embark on an exciting journey in the world of fashion and e-commerce? Namshi, the #1 online fashion destination in the Middle East, is looking for talented individuals like you to join our dynamic team. We are a community built around young people who are making waves in the region. They’re changing the future, and we’re right next to them every step of the way. If you’re passionate, innovative, and eager to be a part of a company whose mission is to be the region’s favorite closet, then Namshi is the place for you.
Discover your potential with us and help us redefine the way people shop online and ignite a new generation of personal expression through style. Let’s move together!
What you’ll do:
Own and lead category’s sales forecasting and demand management across GCC markets.
Report into the Senior Merchandiser or Category Head (depending on category)
Forecasting & Planning
Review and analyze sales trends. Research demand drivers. Develop statistical planning models and implement & review results
Create rolling 12 month forecast plan, on monthly basis to build up future stock levels
Based on forecast, calculate the stock requirement, and manage purchases accordingly
Plan & monitor replenishment across territories by establishing replenishment parameters
Monitoring aging stock level and building liquidating strategy with Buying team
Collaborate with the Buying and relevant business leads to resolve out of stock or stock shortage situations
Inventory Stock Optimization
Ensure optimum category inventory levels are maintained at Concept/Territory keeping in mind sale requirements as well as working capital constraints
Ensure that no instances of category stock outs occur on account of any discrepancy on part of merchandise planning
Stock Coordination
Supervise stock transfers and reconciliation
Ensure processes in place as well as track adherence for all stock movement with suppliers & warehouse
Merchandise Planning & Replenishment
Track and drive category P&Ls to monitor top line and profitability goals
Analyze sales trends and product life cycles, use data to identify and prioritize opportunities
Work closely with Buying teams to identify bestsellers and iterate best sellers to maximize the product sales
Prepare and maintain department/category merchandise MIS analytics based on actual sales, sales forecasts, company order parameters, inventory checks, forthcoming events, replenishment needs etc
Margin & Pricing Optimization
Devise a comprehensive pricing/ discount strategy and roadmap to maximize sell through by working closely with the buying teams
Maintenance of Price Sheets and suggesting category wise pricing basis sales aging & margin
Custodian of day-to-day Price/Margin of the products
Collaborate with relevant teams to propose and finalize suitable promotion strategies while continually monitoring competitor efforts, to drive in season trade, provide inputs for promotional activity
Performance Tracking
Keep a constant update on how the department is tracking to budgets and use this in line with the shipment plan to make sure product is dropping when you need it
Run week/month end report to discuss performance against target sales
What you’ll need:
Bachelor degree in Business, Economics, Mathematics, Engineering or Statistics
Minimum of 5-7 years of…
