Furniture & Interior Design Accessories Merchandiser at IO Furniture Limited

IO Furniture Limited is a full-service interior design and manufacturing company characterized by our uncompromising quality and innovative design solutions. With innovation, functionality, and style at the heart and soul of our company, we deliver perfection consistently.

We are recruiting to fill the position below:

Job Title: Furniture & Interior Design Accessories Merchandiser

Location: Lagos

Job Summary

• Efficiently manage all buying decisions for products while liaising with stakeholders and suppliers to maximize resources i.e. much money should be spent, how many lines should be bought, and in what quantities.
• Strategically set prices to maximize profits and manage the performance of ranges, planning promotions and mark-up/downs as necessary.

Task Complexities

• Planning product ranges and preparing sales and stock plans in conjunction with buyers
• Liaising with all buyers and suppliers
• Maintaining a comprehensive library of IO inventory data
• Working closely with customer service team to decide how products should be displayed to maximize sales
• Forecasting profits and sales, and optimizing the sales volume and profitability of designated product areas
• Planning budgets and presenting sales forecasts and figures for any new ranges
• Controlling stock levels based on forecasts for
• Analyzing every aspect of bestsellers (for example, the bestselling price points, colors or styles) and ensuring that they reach their full potential
• Compiling and analyzing competitors’ performance for management decision
• Monitoring slow sellers and taking action to reduce prices or set promotions as necessary
• Gathering information on customers’ reactions to products- Customer feedback
• Analyzing the previous season’s sales and reporting on the current season’s lines
• Accompanying buyers on visits where applicable to manufacturers locations
• Meeting with suppliers and managing the distribution of stock, by negotiating cost prices, ordering stock, agreeing timescales and delivery dates and completing the necessary paperwork.

Qualifications
Education:

• A degree in Social Sciences or Business Administration.

Experience:

• Minimum of 5 years of demonstrable experience in a merchandising role.

Key Job Attributes:

• Strong analytical and numerical skills to work out budgets and understand sales figures
• Attention to details and being meticulous
• Ability to work under pressure in a dynamic environment and to quickly identify problems and recommend solutions
• Sound decision-making skills and the ability to plan and prioritize
• Excellent communication and negotiation skills
• Capability to work well as part of a team and to build and maintain effective working relationships with a range of people
• Strong commercial acumen and the ability develop strong value propositions consistent with Customer needs
• Computer literacy
• Creativity
• Self-confidence
• Sound knowledge of the company’s product range.

Application Closing Date
31st August, 2020.