Job Description
Responsibilities
- Responsible for Maintaining data in various merchandising systems
- Accountable for reviewing stock-to-sale ratio for assigned categories.
- Accountable for coordinating merchandise flow-through from warehouse to respective stores.
- Responsible for analyzing performance reports for assigned categories.
- Assist in executing business cycle & product cycle commercial campaigns
- Accountable for product transfers and recalls.
- Responsible for tracking must-have assortment for assigned categories
Supplier Management and Negotiation:
- Identify and establish relationships with new suppliers, negotiating favorable terms and conditions to maximize profitability.
- Regularly assess supplier performance based on quality, reliability, pricing, and delivery timelines.
- Analyze supplier data and trends to identify cost-saving opportunities and improve overall supply chain efficiency.
Inventory Management:
- Utilize data analytics to forecast demand, optimize inventory levels, and minimize stockouts or excess inventory.
- Collaborate with the Inventory Planning team to ensure accurate inventory replenishment, timely markdowns, and effective inventory turnover.
- Analyze historical sales data to identify slow-moving products and implement strategies to mitigate stock-related risks.
Pricing and Promotions:
- Analyze pricing strategies and competitor pricing data to determine optimal pricing for different product categories.
Requirements
- Bachelor's Degree in Business Administration, or a related field.
- 5 - 7 years work experience.
- Proven experience as a Data analyst focusing on data analytics using EXCEL, and PIVOT.
- Strong analytical skills and proficiency in data analysis tools and techniques.
- In-depth knowledge of fashion trends, consumer behavior, and the retail industry.
- Excellent negotiation, communication, and interpersonal skills.
- Ability to work in a fast-paced environment, prioritize tasks, and meet deadlines-proficiency in using inventory management systems and Microsoft Excel.
- By combining your fashion expertise with data analytics knowledge, you will contribute to the company's success in staying ahead of industry trends, meeting customer expectations, and driving revenue growth.