Bizgram Asia Pte Ltd – Retail Merchandiser

Retail Merchandiser

Entry Level / Junior Executive, Experienced / Senior Executive

Others / General Work

Bugis, Vivocity, Singapore

Typical work activities
These vary depending on the company and the particular retail sector, but will typically include:
planning product ranges and preparing sales and stock plans in conjunction with buyers;
liaising with buyers, analysts, stores, suppliers and distributors;
maintaining a comprehensive library of appropriate data;
working closely with visual display staff and department heads to decide how goods should be displayed to maximise customer interest and sales;
producing layout plans for stores, sometimes called 'statements';
forecasting profits and sales, and optimising the sales volume and profitability of designated product areas;
planning budgets and presenting sales forecasts and figures for new ranges;
controlling stock levels based on forecasts for the season;
using specialist computer software, for example to handle sales statistics, produce sales projections and present spreadsheets and graphs;
analysing every aspect of bestsellers (for example, the bestselling price points, colours or styles) and ensuring that bestsellers reach their full potential;
maintaining awareness of competitors' performance;
monitoring slow sellers and taking action to reduce prices or set promotions as necessary;
gathering information on customers' reactions to products;
analysing previous season's sales and reporting on the current season's lines;
making financial presentations to senior managers;
accompanying buyers on visits to manufacturers to appreciate production processes;
meeting with suppliers and managing the distribution of stock, by negotiating cost prices, ordering stock, agreeing timescales and delivery dates, and completing the necessary paperwork;
identifying production and supply difficulties and dealing with any problems or delays as they arise;
managing, training and supervising junior staff.