Merchandise Manager
6 days ago
**Responsibilities**:
- Develop and implement a comprehensive merchandise strategy for alcohol products, considering market trends, customer preferences, and business objectives.
- Collaborate with suppliers and negotiate favorable terms, pricing, and promotional opportunities to ensure a diverse and competitive product assortment.
- Conduct market research and analysis to identify emerging trends, customer demands, and competitor activities in the alcohol industry.
- Monitor sales performance, inventory levels, and profitability of alcohol products, making data-driven recommendations for assortment optimization and pricing strategies.
- Work closely with the sales and marketing teams to develop effective promotional campaigns, product launches, and pricing strategies to drive sales and increase market share.
- Manage the product lifecycle, including new product introductions, product discontinuations, and inventory liquidation, ensuring timely and accurate execution.
- Analyze and interpret sales data, market research, and customer feedback to make informed decisions regarding product assortment, pricing, and promotional activities.
- Collaborate with the operations team to ensure efficient and accurate inventory management, including forecasting, replenishment, and monitoring stock levels to prevent out-of-stock or overstock situations.
- Monitor compliance with legal and regulatory requirements related to the sale and promotion of alcoholic beverages, ensuring adherence to licensing, labeling, and age verification guidelines.
- Stay up to date with industry developments, including changes in regulations, consumer preferences, and emerging brands, and incorporate relevant insights into merchandise strategies.
**Qualifications**:
- Bachelor's degree in business, marketing, or a related field. A specialization in hospitality or alcohol management is desirable.
- Proven experience (5+ years) in merchandise management, category management, or a related role within the alcohol industry.
- In-depth knowledge of the alcohol industry, including market trends, consumer preferences, and regulatory requirements.
- Strong analytical and data interpretation skills, with the ability to translate insights into actionable merchandise strategies.
- Excellent negotiation and supplier management skills, with a track record of building and maintaining successful vendor relationships.
- Strategic mindset with the ability to develop and execute merchandise plans aligned with business objectives.
- Strong project management skills, with the ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously.
- Excellent communication and presentation skills, with the ability to influence and collaborate with cross-functional teams.
- Proficiency in using merchandising software, inventory management systems, and Microsoft Office Suite.
- Passion for the alcohol industry, including a solid understanding of different alcoholic beverage types, production methods, and serving recommendations.
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