As a Merchandising Manager, you will be responsible for developing and implementing merchandising strategies to maximize sales and profitability. You will collaborate with various departments such as buying, marketing, and sales to ensure that merchandise assortment, pricing, and promotions align with company objectives and customer needs. The role requires strong analytical skills, trend forecasting abilities, and a deep understanding of consumer behavior and market dynamics.Responsibilities:Merchandising Strategy Development: Develop comprehensive merchandising strategies aligned with company goals, market trends, and customer preferences.Assortment Planning: Work closely with buying teams to develop and maintain a balanced merchandise assortment that meets customer demands and sales targets.Inventory Management: Oversee inventory levels, stock turnover, and replenishment strategies to optimize stock availability and minimize excess inventory.Pricing Strategy: Analyze pricing trends, competitor pricing, and market dynamics to develop effective pricing strategies that drive sales and maintain competitiveness.Promotions and Markdowns: Plan and execute promotional events, markdowns, and clearance strategies to maximize sell-through and minimize excess inventory.Vendor Management: Build and maintain strong relationships with vendors and suppliers to ensure timely delivery, quality merchandise, and favorable terms.Visual Merchandising: Collaborate with visual merchandising teams to create compelling product displays that enhance the customer shopping experience and drive sales.Data Analysis and Reporting: Utilize sales data, market research, and customer insights to analyze performance, identify opportunities, and make data-driven decisions.Forecasting and Planning: Develop sales forecasts, budget plans, and seasonal merchandise plans to effectively manage inventory and meet sales targets.Cross-functional Collaboration: Work closely with marketing, sales, and operations teams to coordinate merchandising efforts and ensure alignment across all channels.