Senior Manager Franchise Buying, Originals
PURPOSE & OVERALL RELEVANCE FOR THE ORGANISATION:
This role is to lead responsible category in terms of managing merchandising planning, buying in determining store clusters, article selection, article depth, and timely providing sales analysis, trading/fashion trend recommendation to support the business.
KEY RESPONSIBILITIES:
Pre-Season Buying Planning:
· To develop buy plan per channel, per store cluster according to buying strategy, top down financial target, and deeply understanding of fashion trend and consumer.
· Conduct historical analysis in terms of buying structure and provide proposals for pre-season buying structures for each channels at cluster and store level.
· Based on existing analysis model to provide detailed analysis on the article level to identify key drivers for top selling articles, as well as slow moving articles.
· Develop each channel, and store cluster proposal and distribution plan.
· Monitor buying quantity vs. budget; reconcile buy plan to merchandise plan.
Assortment Planning:
· Create assortment plans by channel/store clusters based on GCA RA, local needs & C/C calendar
· Create detailed product & store segmentation/cluster by Product segment & store segmentation
· Develop assortment seasonal strategy, according to segmentation, local needs and sell-out data for Monobrand stores
· Create and Recompile a clear merchandising strategy at a store cluster level
· Integrate with BC and RM into c/c campaign planning with right mandatory package to build up at cluster level
In-Season Buying Execution:
· Work closely with other function team to monitor ST% and product performance by channel, region and store format, to have quick actions based on performance.
· Lead in the process to provide ongoing product and category performance and quantitative analysis.
· Provide analysis to develop mark down strategy and support markdown and clearance process.
· Maintain & Monitor compliance of pre-season buy as well as planning calendar
Post-Season Review:
· Provide analysis and documentation for post-season review.
· Provide seasonal deep dive analysis for customers.
· Partner with X-function team to develop action steps for next season.
Systems and Processes
Manage with Retail Business Planning and I.T. on all retail database accuracy and on-time KPIs report delivery.
Training
· Participate in systems training.
· Participate in Products seasonal presentation and technology training as well as merchandising training.
People Management
· Manage daily work assignment of team.
· Lead team in daily performance.
· Coach team members & newcomers to improve merchandising knowledge.
KPI
- Sell-Through %
- Store inventory level and stock turn
- Consumer satisfaction KPI’s
- Article ranking vs. Best Seller hit rate
KNOWLEDGE, SKILLS AND ABILITIES:
- Solid Data analyzing know how, with x- cross functional experience
- Product Management or Merchandising experience
- Excellent interpersonal/communication skills (internal & external)
- People management skills
- Team player
- High influencing skill
- Practical, reactive
- Results oriented
- High execution ability and self-management
REQUISITE EDUCATION, EXPERIENCE AND OTHER SKILL
- University advanced degree
- Minimum 8 years’ experience in merchandising planning / buying function, has eam management experience.
- Sensitive to fashion industry
- Great understanding of retail business
- Effective partnering, communication, and influencing skills (written and orally) –someone who can proactively communicate analysis/methodologies with functional partners and influence them to rethink and change their existing practices
- Rigorous business analysis - understanding and interpreting data; putting data/analysis/tools in a structured, easy-to-use format; and making recommendations that team can act upon
- Prefer very good Excel modeling skills and ability to develop useful models/tools that can be rolled out to merchandising and retail teams
- Excellence presentation and PPT skills
- Strong PC skills
IT
Excel – excellent
PowerPoint – advanced
Outlook – advanced
PowerPoint- advanced
Language Skills
English: Advanced
Local Language: Fluent
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