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Why This Mission:
The ambition of WFJ inSEAAis toleap aheadandbuild comprehensiveWatches and FineJewelrycapabilities to drive brand and client growth, with a clear long-term ambition toestablishkey capabilities within each market.
Strengtheningour backbonesis keytoachieveourvisionaboveand thiscanonly be achievedbydevisingrightmerchandisingand stockstrategies in mid and longterm.In this role, youneed to be strategic,visionary,andexhibitstrong leadership in guiding SEAA markets development whilepossessingoperational skills to support SEAA markets as needed.Fromthis perspective, this role needs tocollaborateseamlessly withmarketsand global teams. This rolewillalsodrive continuedtransformationofour operating model with more sophisticatedprocessesand toolstoempowersustainablebusiness growth.
Impact You Can CreateInTheRole:
Reporting to theWatchesandFineJewelryDirector,SEAA, this role willlead the sales forecasts, stock management and supply chain processes of Watches and FineJewelry(WFJ) inSEAAand SG, working in close collaboration with markets and WFJ division (global team).
In alignment with the strategic vision to strengthen SEAA's Watches and Fine Jewellery business, this role willleverageSingapore's status as a pivotal luxury retail hub to drive and oversee the implementation of innovative retail and operational initiatives.
Therolewillestablishrobust operational frameworks and set performance standards that serve as models for adaptation across all SEAA markets.Itwill not only ensure the effective transfer and scaling of best practices but also promote seamless cross-market collaboration, thereby elevating retail standards and underpinning sustainable business growth for Watches and Fine Jewellery throughout the region.
BUSINESS STRATEGY
DriveSEAAmerchandising strategies,set product priorities, KPIsand contribute to the region'sstrategic plan
BuildSEAAsmid- and long-term sales projections, andestablishbudget management principles,assumptionsandguidelines
Drive WFJ operations transformation and manage all related business and supply chain changes inSEAA.Co-work with North Asia to lead regional and markets implementation of new supply chain models, systems, processes, and workflows
CommunicateSEAAWFJ vision to division (global team) - Supply Chain, Merchandising and Marketing - to ensure regional needs and priorities are integrated into global plans
Establish close relationships with markets management teams (Managing Directors and General Managers).Analyzeandprovidein-depth insights on local WFJ business strategies. Also, toidentifylocal talent gaps and co-build local merchandisingexpertise
Build cross-departmentsynergywith Regional Marketing, Retail and Learning, High-end,teams
Lead Merchandising community towards a more strategic and business-oriented culture
Monitor andanalyzeproduct performance and sales trendsto draw insights for further actions. Produceregionalbusiness reports
Monitor new product launches, and formulate necessary action plans to support the launches in partnership with other departments
Drive Merchandising projects and new initiatives forSEAAto always seize new business opportunities
Participate in global and regional projects, coordinate regional resources, conduct necessary tests, and providefeedbacks
Set parameters and clear governance on evaluatingeffectiveness of merchandisingandsupply chain processes
FORECASTS, PRODUCT ASSORTMENT & STOCK MANAGEMENT
Act as the advisor to Regional WFJ Director on business development opportunities related todemandplanning, assortment, and supply chain process enhancements
Act as the voice ofSEAAon regional and markets sales ambitions, orchestrationplansand needs
Liaise with division Supply Chain on production planning and replenishment plans toattainregional ambitions
Provide forecasting frameworks to markets to improve forecast accuracy and stock efficiency,validatedemand planning and assortment plans from markets
Develop regional and markets sales and stock simulations to prepare for sales fluctuations
Build product assortment strategies that are adapted toSEAAmarkets needs (WFJ and Fashion networks)
Define model stock guidelines to ensure the right level of presence for Watches and PreciousJewelryby distribution channels
Define andmonitorsalesand stock KPIs forSEAA(Forecast accuracy, stock coverage, overstock)
Mobilizeregional stockandoptimizeinventory level by formulating necessary action plans.Drive and supportmarkets on stockrebalancing.
Ensure Fashionsynergyby promoting Fashion's involvement in forecasts and orders for Fashion network
Work closely with sales administration team on managing regional operations-- placing, and tracking orders on products and sales tools e.g., packaging. Ensuretimelydeliveries to markets
PARTNERSHIP WITH FINANCE
Align withregional Finance on budget timeline, process, and governance to ensure synchronization
Formulate annual and quarter budgets.Align with Finance on sales projections during each budget cycle
Review and develop business reporting and finance monitoring tools
PARTNERSHIP WITH SUPPLY CHAIN AND OPERATIONS
BeSEAA'sWFJ supply chain referent and support local markets supply chain and operational processes
Develop new initiatives with operations team onoptimizingstock management and supply chain flows inSEAA
You areEnergisedby
Leadingand collaboratingwith diverse teams at all levels of organization (Finance, Supply Chain & Operations, Technology & Digital Service etc.)
Thinking innovatively ofdifferent waysto approach projects & challenges,leveraginginsights, data, and strategic planning
Being agile,flexibleand able to deal withambiguity
Leadingcourageously and able to challenge the status quo
Influencing critical topics andfacilitatingmeaningful conversations in a non-hierarchal way
Building and leading teams aligned with a shared vision
Working in a highly collaborative and matrixed environment
What You Will Bring
Strong understanding ofMerchandising preferably from luxury WatchesandJewelryBrands
Excellent business acumen and retail sensitivity
Strong entrepreneurship spirit,visionaryandperformance-minded
Strong analytic skills
Exceptional strategicmindsetand planningskills
Demonstrated experiencesas a people manager,performance-mindedand guiding teams through transformation
Passionforluxuryretail,WatchesandJewelry
Energy,enthusiasm,andpositivity
Multi-cultural sensitivity
Chanel is a French luxury fashion house that was founded by couturière Coco Chanel in 1910. It focuses on women's ready-to-wear clothes, luxury goods and accessories.
Job ID: 136325031