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Title
Text copied to clipboard!Merchandising Manager
Description
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We are looking for a highly organized and detail-oriented Merchandising Manager to oversee our company's merchandising operations. The Merchandising Manager will be responsible for planning and developing merchandising strategies, analyzing sales figures, customer reactions, and market trends to anticipate product needs. They will also collaborate with buyers, suppliers, distributors, and analysts to negotiate prices, quantities, and time-scales. The ideal candidate will have a strong understanding of customer behavior, excellent negotiation skills, and the ability to forecast sales and set profit margins. They will also have a keen eye for product selection, placement, and pricing strategies.
Responsibilities
Text copied to clipboard!- Develop and implement merchandising plans.
- Negotiate with vendors and suppliers.
- Analyze sales figures and market trends.
- Forecast future product needs.
- Set prices and profit margins.
- Collaborate with other departments to ensure product availability.
- Monitor inventory levels and sales.
- Manage product displays and promotional activities.
- Train and supervise merchandising staff.
- Evaluate supplier performance and ensure compliance with contractual obligations.
Requirements
Text copied to clipboard!- Bachelor's degree in Business, Marketing, or related field.
- Proven experience as a Merchandising Manager or similar role.
- Strong understanding of customer behavior and market dynamics.
- Excellent negotiation and networking skills.
- Proficiency in MS Office and retail management software.
- Strong analytical and decision-making skills.
- Excellent communication and leadership abilities.
- Ability to forecast sales and set profit margins.
- Detail-oriented and able to multitask.
- Ability to work in a fast-paced environment.
Potential interview questions
Text copied to clipboard!- How do you analyze sales figures and market trends?
- Can you describe a time when you successfully negotiated with a vendor or supplier?
- How do you forecast future product needs?
- Can you describe a successful merchandising strategy you implemented in the past?
- How do you handle underperforming products or suppliers?