Job Description

Merchandise Planning and Analysis

• Conduct trend analysis to inform buying decisions.
• Study and analyze past season sell-through data to determine optimal purchase quantities.
• Calculate and manage Open-to-Buy (OTB) budgets.
• Analyze sales performance, inventory levels, and stock turnover rates.
• Prepare and present comprehensive sales and stock reports to management.

Product Management

• Create and maintain accurate product master data (pricing, descriptions, images) for both offline and online channels.
• Manage product lifecycle, including pricing, promotions, and end-of-life decisions.
• Coordinate product promotions (price adjustments, marketing materials).
• Manage product launches and promotions across all sales channels.

Inventory Management

• Monitor inventory levels and optimize stock allocation.
• Conduct regular stock checks and reconciliations.
• Manage product returns, damages, and write-offs.
• Implement markdown strategies for slow-moving inventory.

System Management

• Utilize POS system (Xilnex) to create promotions and manage product information.
• Manage product listings and updates on e-commerce platform (Shopify).
• Ensure data accuracy and integrity across all systems.

Vendor Management

• Serve as the primary contact for the principal regarding merchandise and shipment-related matters.
• Coordinate with vendors on product development, sourcing, and delivery.
• Request visual merchandising guidelines, product USP materials, and other marketing support from the principal.

Administrative Tasks

• Prepare various reports and analysis as required.
• Coordinate with finance department on OTB, aging, and royalty fee updates.
• Liaise with IT department on system-related issues.

Key performance indicators (KPIs)

• Achievement of sales targets and inventory turnover goals
• Gross margin optimization
• Effective inventory management
• Effective markdown management
• Stock-to-sales ratio management
• Strong vendor relationships
• Accurate and timely reporting

Required Skills/Experiences

• Strong analytical skills and proficiency in Excel (pivot tables, V-lookup, margin/landing cost calculations)
• Understanding on how to measure online sales performance (e.g., conversion rate, average order value)
• Experience in merchandise planning, buying, and inventory management
• Knowledge of fashion trends and consumer behavior
• Excellent communication and interpersonal skills
• Proficiency in POS systems (Xilnex) and e-commerce platforms (Shopify), or the similar systems/platforms
• Ability to work independently and meet deadlines
• Strong attention to detail and organizational skills
• Minimum 3-5 years of experience in the fashion retail industry

Company profileParkson4.0\xc2\xb7Retail & Consumer Products1,001-5,000 employeesPARKSON CORPORATION SDN. BHD. is the retailing arm of Lion Group. Established in 1987, PARKSON is a homegrown Malaysian success story, operating one of the largest retail chains in Malaysia. Currently PARKSON has 37 operating stores in Peninsular Malaysia and Sabah Sarawak.PARKSON CORPORATION SDN. BHD. is the retailing arm of Lion Group. Established in 1987, PARKSON is a homegrown Malaysian success story, operating one of the largest retail chains in Malaysia. Currently PARKSON has 37 operating stores in Peninsular Malaysia and Sabah Sarawak.Perks and benefitsPerformance bonusCareer development programmeAttractive medical benefitsStaff purchase discountEmployee bonding programmeCompany informationRegistration No.1142403-V

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