Merchandise Sourcing Specialist
3 weeks ago
About us
Prouds Jewellers is the largest specialty jewellery retail chain in Australia, comprising iconic brands - Prouds The Jewellers, Angus & Coote and Goldmark. We operate over 460 privately owned and operated stores employing around 4,000 team members nationwide.
We are recognised by our customers for providing quality, service, value and style; and to our Team Members, we are known for creating an enjoyable and supportive working culture.
Job DescriptionThis Merchandise Sourcing Specialist role is pivotal in shaping the success of our organisation. As a key member of our buying team, you will be responsible for managing merchandise assortment across our Sterling Silver Ladies range, ensuring our offerings align with business objectives and resonate with our customers.
Your expertise will guide the selection of promotional products, driving strategies that maximise profitability and enhance our brand presence. Collaborating with internal marketing and operational teams, you'll implement initiatives that support our retail goals and elevate the customer experience.
To succeed in this role, you will need to be a strategic thinker with a passion for market trends and a flair for negotiation. If you're ready to make a significant impact and contribute to our continued success, we want to hear from you.
Key Responsibilities:- Proactively manage and develop product ranges that align with company strategy, considering pricing, packaging, and market trends.
- Create and execute short- and long-term pricing strategies to meet financial objectives for each division.
- Work with the Marketing Department on packaging and display materials and contribute to marketing plans.
- Source merchandise that enhances competitive positioning.
- Conduct regular analysis of sales, margins, and stock levels to achieve financial targets and identify improvement opportunities.
- Stay informed on competitor activity and market trends to ensure product competitiveness and effective pricing.
- Build and maintain relationships with suppliers to secure favourable terms, pricing, and product exclusivity.
- Oversee promotional product offerings including catalogue assortments in alignment with marketing strategies to maximise profitability.
- Help to develop training materials and provide guidance on product knowledge and merchandising to store teams.
We offer a salary of approximately $80,000 - $110,000 per annum based on location and experience. This is a fantastic opportunity to work with the largest jewellery retailer in Australia.
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