1. Sales & Profit
Forecast profits and sales, and optimising the sales volume and profitability of designated product areas.
Plan budgets and present sales plan to achieve company budget.
Plan stock levels/control TOD.
2.Drive 4Ps
Competitor survey to setting competive retail price. Follow company price range for each category.
Develop and maintain assortment plan: key items, translating the assortment strategy into plans that project the inventory required.
Develop and execute the historical analysis and forecast inputs to ensure item plans and financial plans are aligned.
Building POG to adapt customer's behavior/ highlight differentiation point/ most effective for sale.
Monitor slow moving items and taking action to reduce prices or set promotions as necessary.
3.Supplier management
Involved in planning, sourcing and recommending suitable merchandise from local and overseas suppliers.
Ensure suppliers have the capability and capacity to provide product in line with agreed timescales and quality standards.
Build and maintain excellent relationship and network with suppliers.
Coordinate with Supplier Management Department to:
· Review of purchase contracts for products.
· Critically analyze performance reports of suppliers, in term of technical capabilities, conformance to quality and delivery, and price competitiveness.
· Perform supplier audits when necessary to ensure conformance to company policies and directives.
4.Build relation with others teams
Work with Marketing team to building promotion on catelogue.
Work with ommi channel team to promote product on online channel.
Work with Supplier Management team to ensure product listing ontime.
Work with Operation team to ensure product display correct location/ correct POG/ ensure stock on selling floor.
Maintain effective internal communications channel particularly with other Merchandise team, operations, sales & marketing, logistic and other functions within the organization.
Support PB team to develop PB product..
5.Develop category
'Re-assess article performance on a regular basis to identify and deal with any old stock.
Proactively evaluate and act on results of promotional activity to implement any key learning’s.
Develop a range assortment that delivers Competitive Advantage in the Vietnamese Market.
Full responsibility in the development and implementation of Private Brand Strategy within the Category.