Merchandise Planning: Develop and implement merchandise planning strategies, including assortment planning, inventory management, and product allocation across different sales channels.
Trend Analysis: Conduct market research, analyze industry trends, and identify consumer preferences to stay ahead of market demands and make informed merchandising decisions.
Product Selection and Development: Source, select, and develop product offerings in line with customer preferences, market trends, and business objectives. Collaborate with suppliers and designers to create and curate a compelling product assortment.
Pricing and Profitability: Set pricing strategies based on market dynamics, competitive analysis, and margin targets. Monitor and optimize pricing to maximize profitability while remaining competitive.
Inventory Management: Monitor inventory levels, analyze sell-through rates, and implement inventory replenishment strategies to ensure optimal stock availability and minimize overstock or stockouts.ÿ
