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Merchandise Executive

2 months ago

Dubai, Dubai, United Arab Emirates BFL Group Full time
Job Summary

We are seeking a highly skilled Merchandise Executive to join our team at BFL Group. As a key member of our organization, you will be responsible for analyzing sales data, inventory turnover rates, and market trends to inform business decisions.

Key Responsibilities
  1. Data Analysis and Reporting

Utilize advanced analytical techniques to examine merchandise sales data, inventory turnover rates, and market trends. Generate comprehensive reports and dashboards to communicate key findings to stakeholders, ensuring data-driven decision making across the organization.

Forecasting and Planning

Develop accurate forecasts for merchandise demand based on historical sales data, seasonality, and market trends. Collaborate closely with inventory management teams to ensure optimal stock levels are maintained, minimizing stockouts and overstocking.

Assortment Optimization

Analyze product performance metrics to identify high-performing and underperforming items. Make informed recommendations for adjusting product assortment to maximize sales and profitability, aligning with the company's strategic objectives.

Pricing Analysis and Strategy

Monitor the pricing strategies of competitors and evaluate their impact on sales performance. Conduct in-depth pricing analysis to determine optimal pricing strategies for merchandise offerings, ensuring competitiveness and profitability.

Promotional Effectiveness and Analysis

Assess the effectiveness of promotional campaigns on merchandise sales. Analyze promotional data to identify trends and opportunities for optimization, informing future marketing strategies.

Cross-Functional Collaboration

Work closely with inbound, inventory, and HO planning teams to align strategies and objectives. Provide data-driven insights to support decision-making across departments, fostering a culture of collaboration and data-driven decision making.

Continuous Improvement

Identify opportunities for process improvement and automation to enhance efficiency and accuracy in merchandise analysis and reporting. Implement changes to optimize business processes, ensuring the organization remains competitive and agile.

Requirements
  • 3+ years of ECOM Merchandising experience in a similar industry (Fashion / Footwear) with a good understanding of product.
  • Knowledge on ECOM Merchandising tools & platforms is an advantage.
  • Sound knowledge of MS Excel & moderate knowledge in other MS Office applications.
  • Excellent communication skills in English. Written and verbal, with the ability to clearly communicate and express oneself.
  • Strong Team player with ability to multi-task & work under pressure to meet deadlines with minimum supervision.
  • Organizing skills with the ability to prioritize work and exercise independent judgment, wisdom, common sense and initiative.