Senior Assistant Merchandise Manager, Beauty - DFS9112946 in Hong Kong at DFS

Date Posted: 5/2/2021

Job Snapshot

Job Description

The Senior Assistant Merchandise Manager has full merchandising accountabilities for a segment of business. This segment could be defined by brand or by division. Accountabilities include developing and executing a strategy for a segment of business in support of the overall category/department strategy; responsible for assortment and promotional planning; and developing pricing strategies. Working in conjunction with the MM, the Sr. Assistant is responsible for vendor relations, cost negotiation and product development.

Key Responsibilities:
Develop Category and Assortment Strategy
• Develops and communicates an inspired vision and strategy for a segment of a department business
• Formulates an assortment strategy that is consistent with overall business strategy
• Defines and leads the development and execution of the key business drivers (key brands, items and stores)
• Working with the MM, monitors the proper execution of the merchandise strategy at the division and location level; takes appropriate action when necessary
• Drives and executes the brands’ floor space planning and allocation for all key locations
• Works closely with the team partners specifically MM, Planner, Division Merchandise Manager and Distributor to ensure they are aligned with the merchandise strategy and executing appropriately
• Evaluates performance ongoing with MM, brand partners, planning, division and distribution merchandising team and take action as appropriate
• Works with the MM to determines seasonal transition strategies
• Works with the MM to determines appropriate promotional strategies
• Monitors performance on newly developed products, determines further opportunities based on results
• Interprets trends appropriate to Japanese, Chinese and local consumers
• Selects/deletes assortments as appropriate
• Working with the MM, develops brand exclusives, promotional and sampling strategies Financial
• Delivers sales, gross margin and turnover goals for assigned business segment
• Works closely with the MM, planning, division and distribution partners to develop and manage financial plans for the business segment People Development
• Encourages and supports the development of our talented people. Offers honest and constructive feedback to team members fostering individual development
• Develops and maintains a formal plan for self-development and career advancement Brand Management
• Identifies and develops emerging brands for the core customers
• Promotes a “win-win” approach with all key brand partners
• Maximizes key brands value proposition for our customers by working closely with brands and communicating strategic customer needs
• Develops assortment strategy for products that are exclusive to DFS or have limited distribution
• Drives decision-making and problem solving on brand partner issues Division Partner Relations
• Develops and maintains effective working partnership with divisions particularly Division Merchandise Managers and Distributors

Key Requirements:
• Minimum of 1 year of merchandising experience in a buying office
• International mobility, for career advancement opportunities, to San Francisco, Hawaii, Hong Kong, Singapore and other major Asia-Pacific cities
• Commitment of 3 – 5 years career development with DFS COMPETENCIES REQUIRED:
• Business Acumen
• Customer Focus
• Dealing with Ambiguity
• Interpersonal Savvy
• Problem solving
• Decision quality
• Presentation Skills