• Maintain strong vendor relationships, negotiating pricing, terms, and delivery schedules to secure the best possible deals and ensure timely and efficient product procurement.
• Formulate effective merchandise plans in line with company goals, integrating market insights to boost revenue and maximize profits.
• Oversee inventory levels and product efficacy, leveraging data-driven insights to manage optimal stock levels and prevent both surplus and scarcity.
• Nurture effective alliances with sales and marketing counterparts, conducting extensive market trend studies to ensure competitive product assortments that cater to evolving consumer preferences.
• Develop and maintain strong vendor associations, bargaining for competitive pricing, favorable terms, and punctual deliveries to ensure smooth procurement processes and cost efficiency.

Skills

• Excellent communication skills.
• Capable of managing multiple projects concurrently, adeptly handling competing deadlines, and prioritizing tasks to maximize sales and optimize the product mix.
• Possesses excellent interpersonal skills, enabling effective communication with suppliers, adept negotiation, and seamless collaboration across diverse business units for cohesive merchandising operations.
• Possesses a profound business insight into profit analysis, inventory optimization, and financial benchmarks, actively participating in the development of robust strategies that foster business growth and sustainable profitability.
• Shows a strong business acumen, with a comprehensive understanding of profit analysis, inventory management principles, and financial performance indicators, actively contributing to the development of impactful strategies that drive sustained business growth and profitability.