Merchandising Specialist

Location: Ho Chi Minh City, Vietnam
Job Type: Permanent
Salary Negotiable
Specialization: Merchandiser (MD) / Buyer
Sub Specialization:
Contact: Thu Tran Dinh Anh
Reference: JO-1901-409456

Purpose and Objective of this position:
Responsible for assisting the Merchandising Manager in developing and managing the category/department strategy, vendor relations, private and exclusive product development, retail price management, promotional planning and achievement of the financial objectives.

Essential Job Duties and Responsibilities:
Category responsibilities may include:

  • Beauty - Cosmetics and Fragrances
  • Liquor, Tobacco, Wine
  • Local Destinations - Food/Candy, Souvenirs, and Ready-to-Wear
  • Boutiques - brand specific
  • Fashion - brand specific
  • Responsible for specific category/department product assortments using market trend analysis information as well as managing sales, margins, and mix.
  • Develop and grow specific private label strategy to maximize profit margins and ROI.
  • Manage the proper execution of the Beauty and luxury brand merchandise strategy. Work closely with the corporate team in Korea to ensure strategy alignment and appropriate execution.
  • Business partner that works closely with the store operations team and other departments to drive overall category/department profitability.

Key areas of responsibility include:

  • Assisting in contract negotiations
  • Category specific inventory management
  • Mix management
  • Category specific sales planning and forecasting, including Open-to-Buy.
  • Gross margin/gross margin dollar planning including seasonal clearance and exit strategy for non- performing brands
  • Promotional planning
  • Vendor relations
  • Supply chain management
  • Partner with Support teams (Human Resources, Finance, Logistics, and IT) and ensure compliance to company policies/procedures, including reports and requested information.
  • Adhere to all policies/procedures in compliance with Vietnam Customs rules and regulations.