Senior Executive, Merchandising (Beauty)

Responsibilities:

Merchandising Planning and Analysis, Online & Beauty Services

• Manage the merchandising function to meet concept unit goals for sales and profits and through the effective planning of the activities.

• To review effective merchandising & workflow process guidelines for implementation by the merchandising team. To achieve better WIP (work in progress) with all units.

• Oversee the profitability of various portfolios of the concept units. Identify profitable and non-profitable areas and review or expand variable business opportunities.

• To develop and sustain relationships with all suppliers.

• Ensure profit maximization by managing inventory reserves and damages.

• Reviews, analyses, and determines merchandise requirements.

• Oversee & drive Retail Management System upgrade, vendor management, solutions, UPC upload for online sales.

• Report on local & global Beauty Trends monthly.

• Develop and maintain open-to-buy, merchandise strategies, replenishment programs to achieve financial plans in partnership with Merchandising & Merchandising Planning department.

• Coordinates regular meetings with stores for the purpose of reviewing business trends, providing input and assistance on technical areas.

Branding & Marketing Responsibilities

• Establish marketing calendar and ensure effective usage of marketing dollar through right choice of platform for both Loyalty Management and non-Loyalty Management base.

• To give clear brief to visual and operations team to ensure it is correctly interpreted in all stores.

• To guide team/negotiate for and present through in-store animation of key launches/animations (at brands, vendor group, concept level). This seeks to differentiate, create visibility for the stores and in turn creates top-of-mind recall and position Tangs as a favourable Beauty destination for shoppers.

• To propose and evaluate new market opportunities based on International & Regional Consumer Trends.

• Bring new market brands to stores and tangs.com with exclusive market rights

People Management

• Collaborate transparently and proactively with cross-functional teams including Merchandising, Operations, Store Design, Marketing Communications (Marcom), Loyalty Management, and Digital departments to ensure alignment and execution of merchandising strategies

• Provide leadership that promotes teamwork and drives productivity

• Any other duties which may be assigned by your immediate supervisor/manager from time to time

Requirements:

• Degree or Diploma in Business, Retail Management, Merchandising, or a related discipline.

• Minimum 5 years of relevant experience in merchandising, retail planning, or category management, preferably in beauty or retail.

• Strong commercial and analytical skills, with experience in sales, profitability, inventory management, and merchandise planning.

• Good knowledge of merchandise strategies.

• Experience in supplier management, negotiation, and brand development.

• Strong communication, negotiation, and stakeholder management skills.