Position Overview:

We are seeking a detail-oriented and analytical Merchandise Analyst to join our team. The ideal candidate will play a critical role in optimizing our product assortments, managing inventory levels, and driving sales through data-driven insights. This position requires a strong understanding of market trends, excellent analytical skills, and the ability to work collaboratively with various departments.

Key Responsibilities:

Data Analysis:

Analyze sales data, inventory levels, and market trends to forecast demand and optimize stock levels.

Prepare detailed sales reports, highlighting key metrics such as sales performance, profit margins, and inventory turnover.

Inventory Management:

Monitor and manage inventory to ensure the right products are available at the right time, minimizing overstock and stockouts.

Product Assortment:

Assist in developing product assortments by analyzing past performance and predicting future trends.

Vendor Relations:

Collaborate with vendors to ensure timely delivery of products and negotiate favorable terms.

Pricing Strategy:

Analyze pricing data and competitor pricing to develop effective pricing strategies that maximize profitability.

Promotion Planning:

Work with marketing teams to plan and evaluate promotions, sales events, and discounts to drive sales.

Market Research:

Conduct market research to stay informed about industry trends, competitor activities, and consumer preferences.

Category Management:

Assist in managing product categories, ensuring a balanced and profitable assortment.

Reporting and Communication:

Communicate findings and recommendations to senior management and other stakeholders through presentations and reports.

Process Improvement:

Identify opportunities for process improvements in merchandising operations and implement solutions.

Cross-Functional Collaboration:

Work closely with other departments such as marketing, sales, finance, and supply chain to align merchandising strategies with overall business objectives.

Software Utilization:

Utilize merchandising software and tools to track performance and generate insights.

Budget Management:

Assist in managing the merchandising budget, ensuring that spending aligns with business goals.

Customer Insights:

Analyze customer feedback and buying patterns to inform merchandising decisions and improve customer satisfaction.

Qualifications:

· Bachelor's degree in Business, Marketing, Finance, or a related field.

· Proven experience in merchandise analysis, retail management, or a related role.

· Strong analytical skills with proficiency in data analysis tools and software (e.g., Excel, Tableau).

· Excellent communication and presentation skills.

· Ability to work collaboratively in a cross-functional team environment.

· Detail-oriented with strong organizational and problem-solving skills.

· Understanding of retail market trends and consumer behavior.

· Ability to manage multiple tasks and meet deadlines in a fast-paced environment.