Merchandiser (Beauty)

Are you ready to embark on an exciting journey in the world of fashion and e-commerce Namshi, the leading online multi-brand fashion and beauty platform in the Middle East, is looking for talented planners/merchandisers to join our dynamic #NamFam. We are a community built around young people who are making waves in the region. They're changing the future, and we're right next to them every step of the way. If you're passionate, innovative, and eager to be a part of a company whose mission is to be the region's favorite closet, then Namshi is the place for you. Discover your potential with us and help us redefine the way people shop online and ignite a new generation of personal expression through style. Let's move together! Location: Dubai, UAE **Key responsibilities:** **Forecasting & Planning** - Review and analyze sales trends, research demand drivers, develop statistical planning models, and implement & review results. - Create a rolling 12-month forecast plan on a monthly basis to build up future stock levels. - Calculate the stock requirement based on the forecast and manage purchases accordingly. - Plan & monitor replenishment across territories by establishing replenishment parameters. - Monitor aging stock level and build a liquidating strategy with the Buying team. - Collaborate with the Buying and relevant business leads to resolve out-of-stock or stock shortage situations. **Inventory Stock Optimization** - Maintain optimum category inventory levels at Concept/Territory considering sale requirements and working capital constraints. - Ensure no instances of category stock outs occur due to any discrepancies in merchandise planning. **Stock Coordination** - Supervise stock transfers and reconciliation. - Ensure processes are in place and track adherence for all stock movements with suppliers & warehouse. **Merchandise Planning & Replenishment** - Track and drive category P&Ls to monitor top line and profitability goals. - Analyze sales trends and product life cycles to identify and prioritize opportunities. - Work closely with Buying teams to identify bestsellers and maximize product sales. - Prepare and maintain department/category merchandise MIS analytics based on actual sales, forecasts, inventory checks, forthcoming events, replenishment needs, etc. **Margin & Pricing Optimization** - Develop a comprehensive pricing/discount strategy and roadmap to maximize sell-through by working closely with the buying teams. - Maintain Price Sheets and suggest category-wise pricing based on sales aging & margin. - Collaborate with relevant teams to propose and finalize suitable promotion strategies while monitoring competitor efforts to drive in-season trade. **Performance Tracking** - Keep a constant update on department tracking to budgets and use this in line with the shipment plan to ensure product availability. - Run week/month-end reports to discuss performance against target sales. **What you'll need:** - Bachelor's degree in Business, Economics, Mathematics, Engineering, or Statistics. - Minimum of 5-7 years of relevant experience in demand planning and forecasting in a multi-branded environment in an E-commerce company. - Strong knowledge of Fashion Buying within an E-commerce organization. - Core demand planning and forecasting experience and data modeling. - Management of P&L. - Advanced level of Excel is mandatory. - Strong mathematical and statistical knowledge. - Analytical Thinking. - Accountability/Ownership. - Strong problem-solving skills. - Highly motivated self-starter. The ideal candidate will excel in a fast-paced, multi-tasked, high-pressure environment with a strong passion for delivering results. A successful history of working in teams solving challenging topics and willingness to roll up sleeves to get the job done are essential qualities at Namshi. If you resonate with our values and are ready to embrace this incredible journey, we welcome you to join us at Namshi!,