Merchandise Manager at IO Furniture Ltd

 IO Furniture Ltd is Nigeria’s furniture market leader, consistent award winner and only company to win the best Made in Nigeria furniture award two years in a row. We proffer Interior Design and Furniture solutions for corporate, hospitality, real estate and residential projects.

Our strong brand is characterized by our excellent quality, functional and innovative design solutions. From our signature to our custom project designs we have managed to build a stellar reputation for excellence, quality, reliability and integrity.

Job Title: Merchandise Manager

Location: Lagos

Employment Type: Full Time

Job Description

The ideal candidate will be expected to 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.

 

Responsibilities

• 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
• 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.

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

Qualifications

Education:

A degree in Social Sciences or Business Administration.   

Experience

Minimum of 5years of demonstrable experience in a merchandising role

How to Apply

Interested Applicants should apply online at IO Furniture Ltd.

Good Luck!!!