Retail Merchandiser Job in Pracworld Hr Consultancy

Retail Merchandiser

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Job Summary
  • plan product ranges and prepare sales and stock plans in conjunction with buyers
  • liaise with buyers, analysts, stores, suppliers and distributors
  • maintain a comprehensive library of appropriate data
  • work closely with visual display staff and department heads to decide how goods should be displayed to maximise sales
  • produce layout plans for stores, sometimes called 'statements'
  • forecast profits and sales, and optimise the sales volume and profitability of designated product areas
  • plan budgets and present sales forecasts and figures for new ranges
  • control stock levels based on forecasts for the season
  • use specialist computer software, for example to handle sales statistics, produce sales projections and present spreadsheets and graphs
  • analyse every aspect of bestsellers (for example, the bestselling price points, colours or styles), ensuring that they reach their full potential
  • maintain awareness of competitors' performance
  • monitor slow sellers and take action to reduce prices or set promotions as necessary
  • gather information on customers' reactions to products
  • analyse the previous season's sales and report on the current season's lines
  • make financial presentations to senior managers
  • accompany buyers on visits to manufacturers to appreciate production processes
  • meet with suppliers and manage the distribution of stock, by negotiating cost prices, ordering stock, agreeing timescales and delivery dates and completing the necessary paperwork
  • identify production and supply difficulties and deal with any problems or delays as they arise
Experience Required :

2 to 5 Years

Vacancy :

2 - 4 Hires

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