1. Category Management
- Research, analyze and evaluate the market to identify customer’s needs and product/range opportunities.
- Visit relevant Trade & Lotte Sample Shows, if any
- Fully responsible for managing, developing and implementing category in charge as a Business Unit.
- Strategy and customize to satisfy Customer Needs
- Work with Marketing and Stores to develop and maintain the Pricing Strategy for the Category
- Keep up to date with Market Trends and deliver innovation and excitement to the range
- Maintain effective internal communications channel particularly with other Merchandiser Senior Managers, Category MD Teams, operations, sales & marketing, logistic and other functions within the organization.
- Ensure clear communication and understanding to Operations of any action taken that impacts on the Customer or Stores
2. Merchandising Management
- Definition of yearly targets in terms of sales, gross profits and later incomes for category in charge
- Achieve agreed targets and profits including Sales, Cash Margin, Statistical Margin, Later Income, Old Stock, Potential Old Stock, Stock
- Rotation, Stock Day’s, Own Brand Share, Core Customer Share, Stock Correction & Availability
- Effectively manage the performance of products in terms of price, inventory, promotion, products assortment, quality of products, planning and allocation…
- Co-operate with Supply Chain to identify the most effective/cost efficient means of delivering product to the store
- Ensure that the Pricing Strategy is fully in place and understood by Suppliers
3. Employee Management
4. Reporting
- Reporting to Merchandise Director all relating issues in the job and the team in charge
- Preparing weekly and monthly reports on duties in charge to the Merchandise Director and/ or General Director
- Doing other reports as requested by the General Director or Head Quarter in Korea
