Merchandising Executive

Summary

Join Love, Bonito, Southeast Asia's leading womenswear brand, as a Merchandiser and play a pivotal role in driving retail success. You will develop and execute merchandising strategies, analyze market trends and consumer behavior, and collaborate with cross-functional teams. Responsibilities include product selection, inventory management, visual merchandising, promotions, and performance analysis. The ideal candidate possesses 1-2 years of merchandising experience, strong analytical skills, excellent communication, and a strategic mindset. Love, Bonito offers flexible work arrangements, comprehensive corporate insurance, learning and development opportunities, and various employee perks.

Requirements

• 1-2 years proven experience in merchandising roles within the retail industry
• Proficiency in Microsoft Excel and Google Sheets
• Strong analytical skills and attention to detail with the ability to interpret data and trends to make informed merchandising decisions
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams
• Strategic mindset with a focus on driving results and achieving business objectives
• Flexibility to work extended hours during peak seasons or special events
• A passion for retail and a keen understanding of consumer preferences and market dynamics
• Bachelor's degree in Merchandising, Marketing, Business Administration, or related field. Diploma holders with relevant experience are also welcome to apply

Responsibilities

• Develop strategic merchandising plans to achieve sales targets and enhance customer satisfaction
• Analyze market trends, consumer behavior, and competitive landscape to identify opportunities for product assortment optimization
• Work closely with the buying team to select the right mix of merchandise that aligns with the company's brand image and target market
• Conduct store visits and competitor analysis to understand market positioning
• Oversee inventory levels and product replenishment to minimize stockouts and excess inventory
• Utilize data analytics and forecasting techniques to optimize inventory turnover and reduce carrying costs
• Collaborate with the visual merchandising team to create appealing product displays and store layouts that drive customer engagement and sales
• Ensure that merchandising standards are consistently maintained across all retail locations
• Develop promotional strategies and pricing policies to stimulate sales and maximize profitability
• Monitor the performance of promotions and pricing initiatives and make adjustments as needed to achieve desired outcomes
• Partner with cross-functional teams including marketing, retail, and operations to execute merchandising initiatives effectively
• Communicate merchandising priorities and strategies to internal stakeholders and ensure alignment with overall business objectives
• Track and analyze key performance indicators (KPIs) such as sales, margin, and inventory turnover and sell-through rates
• Generate reports and insights to evaluate the effectiveness of merchandising strategies and identify areas for improvement

Benefits

• Work from anywhere! Remote work according to HQ operating hours
• Comprehensive corporate insurance (Fully covered visits at our panel clinics, Dental coverage, Maternity reimbursement)
• Learning and development (i.e. subscription plans to best-in-class resources, personal development fund etc)
• Dedicated leadership training for those of managerial responsibilities
• Friday pm off for learning
• Generous staff discount off LB products
• Corporate partnerships with a variety of companies
• Welcome to #TeamLB swag and store gift cards (get your LB work outfit on us!)
• Employee driven peer-to-peer recognition platform to honour and celebrate everyday achievements
• Internal Referral programme