Job Summary
The Assistant Manager, Buyer & Merchandiser is responsible for planning, sourcing, and managing product assortments that drive sales, profitability, and market relevance. This role oversees end-to-end product lifecycle from supplier coordination and forecasting to pricing, stock management, and product launch execution, ensuring Nove (M) Sdn Bhd remains competitive and aligned with brand standards.
*Note: Shortlisted candidates will be notified via WhatsApp to schedule a face-to-face interview.
Responsibility:
1.Product Planning & Assortment
- Develop and execute product range strategies based on market trends, business goals, and seasonal needs.
- Identify product opportunities, key hero SKUs, and gaps to strengthen company portfolio.
2.Buying & Supplier Management
- Lead negotiations with suppliers, principals, and distributors on pricing, MOQs, lead times, and trading terms.
- Manage purchase orders, shipment timelines, and replenishment plans to ensure consistent stock availability.
- Build and maintain strong relationships with principals like Shokz and other brand partners.
3.Inventory & Forecasting
- Develop accurate sales forecasts and stock planning with data-driven analysis.
- Monitor inventory levels; initiate replenishment, clearance, or promotional strategies where needed.
- Work with warehouse/operations to ensure inventory accuracy and healthy stock turns.
4.Pricing & Profitability
- Set retail prices and margin structures aligned with market competitiveness and brand positioning.
- Analyse cost, shipping, and currency factors to maintain healthy profitability.
- Support the creation of bundles, promotions, and limited-time offers based on sales performance.
5.Market, Competitor & Trend Analysis
- Conduct ongoing research on industry trends, competitor pricing, assortment strategy, and consumer behaviour.
- Provide insights to management for product positioning, launch timing, and category expansion.
6.Cross-Functional Collaboration
- Work closely with Marketing on product launches, campaigns, hero-product focus, and brand asset utilisation.
- Align with Sales team on product availability, pricing policies, and dealer requirements.
- Provide product training and information to customer service, retail partners, and internal teams.
7.Reporting & Performance Tracking
- Prepare weekly/monthly reports on product performance, sell-through, inventory health, and forecast accuracy.
- Identify underperforming SKUs and recommend actionable solutions (e.g., markdowns, marketing push, bundle strategy).
Requirement:
- Bachelor's degree in Business, Marketing, Supply Chain, or related field.
- 35 years of experience in merchandising, buying, or category management (consumer electronics experience is a plus).
- Strong analytical and negotiation skills.
- Proactive, detail-oriented, and able to manage multiple timelines.
- Proficient in Excel, forecasting tools, and inventory management systems.
Key Competencies
- Strong commercial acumen
- Supplier and stakeholder management
- Data-driven decision making
- Understanding of retail & e-commerce operations
- Trend awareness (tech, lifestyle, consumer electronics)
