JOB DESCRIPTION

POSITION

ASSISTANT MERCHANDISING MANAGER (K-COS)

DEPARTMENT

MERCHANDISING DEPARTMENT

REPORT TO

MERCHANDISING DIRECTOR

PRIMARY OBJECTIVE

The Assistant Merchandising Manager will be working closely with the Merchandising Director.

The incumbent will be responsible for the buying of a portfolio of cosmetic brands with main focus on Korean cosmetics.  

JOB DUTIES & RESPONSIBILITIES

1. Performance assessment:

- Monitor/analyzes performance from diverse perspectives: sales, category mix, customer mix,

   market trend, etc.

- Provides in-depth report to management

2. Category management:

- Planning of category/ brand layout based upon performance analysis

- Brand listing and de-listing

- New-brand development through market research

- Private brand development

3. Terms and conditions:

- Involves in negotiating terms and conditions of each brand with HQ buyer

- Gross margin, rebate, no. of BA’s, CAPEX, etc.

4. Budgeting and Ordering:

- Sales forecasting by category>brand>SKU level

- Budgeting and ordering by SKU level on monthly basis which should be confirmed

   by HQ buyer for central buying

5. Price management:

- Manage retail price of each item at the competitive level 

- Monitoring and adjusting retail price of each SKU

- Executes price research regularly and provides report if needed

6. Communication:

- With brand for planning and execution of in-store marketing promotion,

    first / exclusive product development, etc.

- Communicate with other operation teams for merchandising excellence

- Communicate with marketing team for sales promotion, on-line sales improvement, etc.

- Communicate with logistics for timely flow of inventory

KEY REQUIREMENTS & COMPETENCIES

- Minimum 5 years of work experience related to Merchandising,

   preferably in a FMCG or retail environment, prior experience in Travel Retail is a plus.

   Position will be filled commensurate with experience.

- Degree in Business or equivalent

- Self-starter with strong business acumen and result-oriented

- Outgoing, dependable, pro-active and team player with can-do attitude

- Good organizing, time management skills

- Good customer service focus to internal and external customers

- Good communication and interpersonal skills, able to interact with all levels

- Good Knowledge in SAP is a plus

- Able to speak Korean language