Payscale recently released research on the State of Remote Work in Bonuses are a beautiful thing. A base salary, also known as base pay, is the initial compensation If we learned anything from , is that the polls don't. An early career Merchandise Manager with years of experience earns an average total compensation includes tips, bonus, and overtime pay of R, based on 6 salaries.
A mid-career Merchandise Manager with years of experience earns an average total compensation of R, based on 11 salaries. An experienced …Read more. Merchandise managers work in retail environments and strive to provide products that are enticing to customers and ensure they are in stock. The goal is to increase sales and profits for the location, and it's also important to ensure that the merchandise is arranged in ways that are attractive to customers. Merchandise managers may have duties relating to training, coaching, and motivating employees.
These managers often have a payroll budget, so they must ensure that enough employees are …Read more. Software Streamlined solutions for every step of the compensation management journey. Insight Lab. Data Continuously updated compensation datasets from Payscale and our partners. Peer Data. Payscale Compensation Surveys. Services Flexible, customizable services and support for Payscale customers. Request a Demo.
Price a Job for Free. Guides team to increase knowledge of market trends, strengths and weaknesses in the industry and within competitive sets. Coach and lead the buying team to realize goals. Supervisory Responsibilities Develop and manage open-to-buy and bulk positions. More as determined by business necessity. Knowledge, relationships, and passion for fashion or footwear Strong leadership profile and experience.
Ability to plan, prepare and execute strategic business plans. Ability to develop effective processes and procedures that support business growth. Ability to collaborate effectively with all levels of management, build partnerships and direct teams. While not an absolute requirement, degrees can make job applicants more competitive. Merchandise managers need to keep track of trends.
They may attend conferences and trade shows, read trade magazines, follow pop culture, and use other tools to find out what kinds of products people are likely to buy and may demand in the future. Using this information, they decide what to order for the store and make decisions about timing and order quantity.
As products arrive, the merchandise manager arranges them in the most suitable way to increase sales, thinking about the layout of the entire store in the process. Directs team to develop product assortments that support the needs of the customer while achieving space efficiency.
Works with merchandisers and allocators to strengthen market and vendor relationships. Guides team to increased knowledge of market trends, strengths and weaknesses in the industry and within competitive sets. Analyzing performance against plans for both merchandise and Merchandisers. Evaluating product performance and developing necessary strategies. Responsible for assortment plans by gender, category and classification. Develop key item strategies and guidelines.
Develop seasonal merchandise strategies. Oversee the setup and maintenance of replenishment system. Develops processes and practices around pricing promotions and markdowns to meet sales and margin targets. Establishes pricing strategies by store type. Adjust strategies in-season where needed and provide appropriate and timely direction in order to react to customer and business needs. Coach and lead the buying team to realize goals.
Manage, coach and develop merchandise and allocations staff. Foster an environment that promotes personal development of merchandisers and allocators, high morale amongst team and personally focuses on the development of assistants to merchandise and allocations staff.
0コメント