Merchandise Coordinator

Job Summary

Facilitates the effective management of M1 Concourse’s Merchandise and Retail efforts. Collaborates in merchandise design and selection. Analyzes sales data, customer feedback and market trends to assess the product performance. Monitors inventory turnover, tracks product demand and make informed purchasing decisions. Establishes relationships with suppliers, negotiates terms and maintains vendor agreements. Provides guidance, sets performance expectations and ensures the team members supporting merchandise operations work collaboratively and towards a common purpose. Provides general support with organizational events and productions. Collaborates with other team members to promote the organization’s operational effectiveness and general wellbeing. Represents M1 Concourse with the highest level of professionalism and decorum.

Job Responsibilities

• Analyzes sales data, customer feedback and market trends to assess the product performance.
• Collaborates in merchandise design and selection.
• Collaborates with the visual merchandising team to design and implement appealing displays and layouts that attract customers and drive sales.
• Conducts market research to identify potential new merchandise categories and opportunities.
• Conducts pricing analysis and adjusts pricing strategies based on market trends and customer preferences.
• Determines competitive pricing strategies that balance profitability and market positioning.
• Develops and executes merchandise strategies that align with the company's business objectives.
• Ensures merchandise is presented in an organized and visually appealing manner.
• Establishes and maintains strong relationships with suppliers.
• Establishes relationships with suppliers, negotiates terms and maintains vendor agreements.
• Identifies opportunities for expanding or adjusting the merchandise selection based on consumer demand.
• Implements efficient inventory control measures, including stock rotation and clearance strategies.
• Maintains optimal inventory levels while minimizing overstock or understock situations.
• Monitors inventory turnover, tracks product demand and make informed purchasing decisions.
• Monitors vendor performance, quality and delivery timelines.
• Negotiates favorable terms for product procurement.
• Provides guidance, sets performance expectations and ensures the team members supporting merchandise operations work collaboratively and towards a common purpose.
• Sources, evaluates and selects products or collections for the retail store or e-commerce platform.
• Stays informed about industry trends, consumer preferences and emerging products.
• All other duties as may be required and assigned.