Merchandising Buyer (Retail)

We are looking for a passionate and commercially driven Merchandising Buyer to manage product selection, purchasing, inventory planning, and demand forecasting for our retail business. You will play a key role in identifying market trends, optimizing stock investment, and driving product performance across our retail network.

This role requires strong analytical skills, commercial awareness, inventory planning knowledge, and the ability to balance customer demand with business profitability.

Key Responsibilities

• Plan and manage product assortment, purchasing strategies, and inventory levels to support sales targets and business growth.
• Develop demand forecasts using sales trends, historical data, seasonality, and market insights to ensure optimal stock availability.
• Manage and monitor the Open-to-Buy (OTB) budget to ensure effective inventory investment and healthy stock flow.
• Analyze sales performance, inventory movement, stock turnover, and sell-through rates to drive informed buying decisions.
• Source, evaluate, and negotiate with suppliers and brand principals on pricing, product range, promotions, and commercial terms.
• Monitor market trends, competitor activities, and customer preferences to identify growth opportunities and product gaps.
• Coordinate seasonal buying plans, new product launches, and promotional activities with Marketing and Retail Operations teams.
• Ensure timely replenishment and maintain balanced inventory levels across all retail outlets.
• Work closely with suppliers and internal stakeholders to manage delivery timelines, product availability, and merchandising support materials.
• Prepare sales forecasts, buying plans, inventory reports, and product performance analysis for management review.
• Support pricing strategies and recommend actions to improve profitability, stock efficiency, and category performance.
• Maintain accurate product data, purchase records, and inventory information within the ERP/system platform.

Requirements

• Diploma/Degree in Business, Merchandising, Retail Management, Marketing, Supply Chain, or related field.
• Minimum 3–5 years of experience in merchandising, buying, demand planning, or retail category management.
• Strong knowledge of inventory planning, demand forecasting, and Open-to-Buy (OTB) management.
• Strong analytical, negotiation, and commercial decision-making skills.
• Good understanding of retail operations, consumer trends, and product lifecycle management.
• Proficient in Microsoft Excel and ERP/inventory management systems.
• Strong communication and stakeholder management skills.
• Able to work in a fast-paced retail environment and manage multiple priorities effectively.
• Experience in eyewear, fashion, beauty, lifestyle, or FMCG retail industry is an added advantage.

Perks & Benefits

• Regular team activities
• Medical insurance
• Personal leave
• Personal development opportunities
• Dental insurance