Objective:
Support the Buying Team in merchandise planning, allocation, and inventory management to ensure the right products reach the right stores at the right time. This role is crucial in optimizing stock levels, improving sell-through rates, and aligning inventory strategies with business goals.
Key Responsibilities:
Stock Allocation & Inventory Management
- Analyze sales data and stock levels to determine store inventory needs.
- Execute allocation plans based on store performance, product demand, and seasonal trends.
- Monitor and adjust inventory distribution to maximize sell-through and minimize overstock.
- Develop stock exit strategies, ensuring smooth markdown and delisting processes.
Buying & Product Planning Support
- Assist in range planning and product selection, providing data-driven insights.
- Maintain detailed records of product performance, helping the team refine future buys.
- Support buyers in quarterly buying trips, contributing to assortment planning.
Retail & Merchandising Coordination
- Work closely with store teams to ensure product availability aligns with promotions and key sales periods.
- Collaborate with Visual Merchandising to enhance in-store product presentation.
- Conduct store visits to assess stock performance and identify improvement opportunities.
Logistics & Cross-Functional Communication
- Ensure timely dispatch and store replenishments by coordinating with the warehouse team.
- Communicate with Yishion Singapore's team in China to align on stock movements.
Requirements:
- Minimum 2 years of experience in merchandising, inventory planning, or a related role.
- Strong analytical skills with proficiency in Excel (Pivot Tables, VLOOKUP, etc.).
- Ability to interpret sales data and market trends for effective inventory management.
- Detail-oriented with strong coordination and communication skills.
- Experience in fashion retail is a plus.
What We Offer:
- Competitive salary and benefits.
- Hands-on experience in merchandise planning and inventory optimization.
- Career development opportunities within a fast-paced retail environment.
