Merchandise Analyst

1 week ago


Dubai, United Arab Emirates Danube Group Full time

Merchandise Analyst

osition Overview:
Key Responsibilities:

- **Data Analysis**:

- Analyze sales data, inventory levels, and market trends to forecast demand and optimize stock levels.
- Prepare detailed sales reports, highlighting key metrics such as sales performance, profit margins, and inventory turnover.
- **Inventory Management**:

- Monitor and manage inventory to ensure the right products are available at the right time, minimizing overstock and stockouts.
- **Product Assortment**:

- Assist in developing product assortments by analyzing past performance and predicting future trends.
- **Vendor Relations**:

- Collaborate with vendors to ensure timely delivery of products and negotiate favorable terms.
- **Pricing Strategy**:

- Analyze pricing data and competitor pricing to develop effective pricing strategies that maximize profitability.
- **Promotion Planning**:

- Work with marketing teams to plan and evaluate promotions, sales events, and discounts to drive sales.
- **Market Research**:

- Conduct market research to stay informed about industry trends, competitor activities, and consumer preferences.
- **Category Management**:

- Assist in managing product categories, ensuring a balanced and profitable assortment.
- **Reporting and Communication**:

- Communicate findings and recommendations to senior management and other stakeholders through presentations and reports.
- **Process Improvement**:

- Identify opportunities for process improvements in merchandising operations and implement solutions.
- **Cross-Functional Collaboration**:

- Work closely with other departments such as marketing, sales, finance, and supply chain to align merchandising strategies with overall business objectives.
- **Software Utilization**:

- Utilize merchandising software and tools to track performance and generate insights.
- **Budget Management**:

- Assist in managing the merchandising budget, ensuring that spending aligns with business goals.
- **Customer Insights**:

- Analyze customer feedback and buying patterns to inform merchandising decisions and improve customer satisfaction.

Qualifications:

- Bachelor's degree in Business, Marketing, Finance, or a related field.
- Proven experience in merchandise analysis, retail management, or a related role.
- Strong analytical skills with proficiency in data analysis tools and software (e.g., Excel, Tableau).
- Excellent communication and presentation skills.
- Ability to work collaboratively in a cross-functional team environment.
- Detail-oriented with strong organizational and problem-solving skills.
- Understanding of retail market trends and consumer behavior.
- Ability to manage multiple tasks and meet deadlines in a fast-paced environment.

Pay: AED3,500.00 - AED4,500.00 per month


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