Brand
Vacancy title
Buying and Merchandising Manager
Ref
19688
Function
Brand Merchandising
City
Shanghai
Salary
Competitive
Closing date
31/12/2021
Description

Triumph is one of the world’s largest intimate apparel companies. It enjoys a presence in over 120 countries with the core brands Triumph® and sloggi®. Globally, the company serves 40,000 wholesale customers and sells its products in 4,050 controlled points of sale as well as via several own online shops. The Triumph Group is a member of the Business Social Compliance Initiative (BSCI).

 

Learn more about Triumph on:

www.triumph.com

www.linkedin.com/company/triumph-international/

 

 

Our Merchandising Department at the Shanghai Office in Shanghai China is looking immediately for a highly motivated

  

                                                      Buying and Merchandising Manager (working 100%)

PURPOSE OF THE JOB

The Buyign and Merchandising Manager is to support China Head of Buy and Merchandising in responsible for initiating and executing strategies of Product assortment, Pricing, Place and Promotion to satisfy different consumer needs so as to drive a collaborated strategy across functions to achieve commercial Target.

The role serves as the liaison between Sales Management, Marketing and VM, and Demand planning/Inventory management; Prepare quality seasonal assortment plan at pre-season planning stage; Build and monitor consistent assortment KPI; Closely work with Regional Brand Merchandising function and Regional Buying function to implement Asia strategic brand plan and deliver best –in-class sub-brand and concept launch; Drive a standardized assortment planning process and build a proactive assortment control mechanism to maximize total product efficiency. Facilitate Integrated Commercial Calendar (ICC) and Monthly Commercial Driver with sales promotion scheme designed to cope with Retail momentum.

The ultimate goal is to build a strategic assortment management that embody brand vision and attain country financial goal (i.e. Revenue, Volume and Gross Margin).

Roles & Responsibilities:  

  • Leader of Buying and Merchandising with two subordinate buying managers to cover 2 channels.
  • Work closely with HQ Brand team and internal cross functional team on a regular, formalized basis to develop and ensure the unity and appropriateness of Merchandise vision and strategy.
  • Work closely with China Marketing team on Commercial Calendar Development and Plan to guarantee an effective and solid go-to-market process synergy of both Product plan and Market plan to hook up with retail buzz in the lingerie market.
  • Manage styles to the plan, ensuring that each item STR growth and that the assortment is properly balanced and invested. Keep an appropriate balance of segments, product line, price tier, color, etc. and regular communication with HQ team to voice out China’s product requirements.
  • Key liaison with HQ team on competitor insights sharing for major lingerie players, based on the fruits generated from buying team’s market visit and field survey.
  • Ad hoc merchandising projects from HQ Brand team, eg. focus group, top20 plan, and etc.
  • Guidance to channel buying managers on product plan download and make sure of the directional consistence in assortment and buy.
    • OTB Plan and Pricing Strategy Identification
    • Buying Plan and Order/Reorder placing
    • Product Planning, Allocation and Forecasting
    • Product Transfer, Replenishment and Stock Control
    • Performance Analysis and STR tracking
    • Product information development and Product master database
    • Merchandise Incentive Program initiating
    • Returned Merchandise Standard and Process identifying
    • Market report and competitors report   

Your ideal profile:

  • Communication skills, relationship management and empathy
  • High degree of integrity and loyalty
  • Good business acumen of retail industry
  • Leadership capability of a medium-sized team
  • Minimum 5 years of experience in merchandising, buying in retail industry
  • Strong sensitivity to fashion and lingerie market trends
  • Strong understanding of retail math, different types and uses of data, distillation of key insights, and (predictive) analytics – including a strong ability to turn this into strategic actions
  • Degree holder in Marketing & Sales focused, Business or related disciplines
  • Fluency in both written and spoken English and Mandarin
  • Proficient in MS Office application (Strong in Excel & PowerPoint) with strong professional presentation skills

We offer an opportunity in a fast paced organization which gives those looking for a challenge the possibility to grow with the company and shape the future.

We are a family owned company with strong values, operating at a global level with key markets in Germany, Japan and China - where our iconic brands, Sloggi and Triumph, continue to delight our consumers.

Triumph Group is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status, or disability. 

If you are seeking a great opportunity to develop your career, please send us your application letter and CV in English, diplomas and expected salary range by clicking on Apply.