Responsibilities
1.Stock Management & Distribution
- Manage product distribution based on defined store cluster, partner with merchandising on all product categories. Ensuring distribution meets the launch plan/ event plan especially on new product launches with optimum stock level.
- Manage and monitor all necessary inventory adjustment, stock transfer and stock rebalancing on weekly basis.
- Set KPI (Availability rate, ST, Week of Stock Holding) to ensure optimum stock holding of China and stores basing on store cluster and sales trend.
- Generate weekly and monthly reports to monitor and communicate the KPI with retail, merchandising and stores.
- Manage stock reception from HQ, liaise with merchandising and logistics on stock distribution
-Define target stock holding by SKU on items under -1+1 program, monitor actual sales trend vs. target to update TSL.
- Conduct 'Stock building' before each peak traffic period.
- Coordinate with HQ on needs and visibility.
2.New Product Management
- Determine in collaboration with Merchandising the assortment plan and the launch needs for the new products, liaise and follow up with HQ on distribution plan.
- Partner with merchandising, distribute and manage stock level on weekly basis including TSL set-up, rebalancing, allocations based on sales trend to maximize ST.
- Gives visibility to merchandising, retail team on the new products (reporting)
Sales Forecast/ Demand Planning on All Product Categories
- Review permanent/ seasonal items stock holding on regular basis anticipating demand based on historical data, sales trends, merchandising vision, advertising campaigns, store feedback, store opening. Request/ feedback to HQ and merchandising on all stock level concern.
- Partner with merchandising on the reordering of seasonal items basing on sales trend, ST and business needs.
3.Pricing
- Liaise with Finance and review pricing file before the launch of new season to ensure coherent of pricing (new SKU vs. existing).
- Partner with merchandising on new product pricing strategy.
- Manage mark down price list and coordinate with Finance.
4.Mark Down Management
- Lead MD process with Merchandising Team including network strategy, stock review, rebalancing, price list management.
With aim to maximize ST, profitability and smooth transition with the launch of new seasons
5.Buy Back & Barderie
- Liaise with Finance and logistics to review buy back proposal by HQ, based on stock holding and profitability.
- Manage and liaise with HQ on barderie stock allocation, planning and distribution.
6.End of Life/ Stock Depletion Plan Management
- Partner with Merchandising on end of life/ product going to be discontinued stock reviews: stock level, action plans, rebalancing.
Relevant Experience
- 10 years progressive supply chain management or merchandising/ planning in retail
- Experience in finance/ retail is a plus
Relevant Knowledge, Skills, Abilities
- Good interpersonal communication skills, open to deal with different cultures.
- Good leadership and management skills. Able to deal with ambiguity.
- Strong quantitative analytical skills.
- Proficient in MS Office (especially Access & Excel). Able to manage new system.
- Strong process management skills.
- Strong verbal and written communication skills, able to work across functional areas and levels of the organization.
- Highly adaptable and flexible to accept new ideas, people and procedures.