Merchandiser (Buyer)

About the Job: Merchandising is about planning and developing a strategy to enable a company to sell a range of products that delivers sales and profit target . Main Tasks: Analyzing past sales figures /trends to anticipate future product needs. Devising a merchandise plan using the above techniques. Relaying the merchandise plan to the buyer who,in turn in decide on what products. styles , colors etc to purchase and from which suppliers, at what price. Devising a contract for the suppliers including quality control, accuracy and flexibility this is done throughout the season. Allocating certain amounts of stocks to each outlet throughout the season retailers are now trying to minimize stock holdings and commitment to allow for maximum flexibility. Once the products are all distributed and put on sale the merchandiser can monitor stock movement consider markdowns inter*branch transfers promotions or clear outs etc

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