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Merchandising Managers

Descriptions & Duties

  • Merchandising Managers plan, organise, direct and control sourcing, purchasing and buying activities. To review market and sales analysis to determine local and/or overseas market requirements. To manage purchasing activities in sourcing, negotiating price, terms and condition of suppliers' contract. Approves purchase orders.

Generic Competencies

Physical Abilities

Physical abilities

  • Physical strength
  • Eye hand coordination / precision / dexterity

 

Importance:1 (Max:5) 

Skill is rarely required

 

Technology Skills

Technology skills

  • Computer literacy
  • Application of technology

 

Importance:3 (Max:5) 

Skill is basically required

 

Cognitive Abilities

Cognitive abilities

  • Creativity
  • Visualisation
  • Logical thinking

 

Importance:3 (Max:5) 

Skill is basically required

 

Comprehension And Expression

Comprehension and expression skills

  • Reading comprehension
  • Oral / written expression

 

Importance:5 (Max:5) 

Skill is required all the time

 

Social Skills

Social skills

  • Communication
  • Negotiation
  • Persuasion

 

Importance:5 (Max:5) 

Skill is required all the time

 

Organisation And Execution Skills

Organisation and execution skills

  • Planning
  • Organising
  • Judgement
  • Decision making

 

Importance:5 (Max:5) 

Skill is required all the time

 

Problem Solving Skills

Problem solving skills

  • Ability to solve simple and complex problems effectively and efficiently

 

Importance:5 (Max:5) 

Skill is required all the time

 

Management Skills

Management skills

  • Leadership
  • Management of finance / time / people / other resources

 

Importance:5 (Max:5) 

Skill is required all the time

 

Trade Specific Competencies

Analytical Ability

Merchandising Managers must be able to objectively assess opportunities.

Merchandising Knowledge and Skills

Merchandising Managers must be able to adjust to customer changing needs with industry knowledge of promotional tactics, advertising mediums, and social media.

General Requirements

Academic qualification

  • A recognised bachelor's degree in merchandising or equivalent

Experience

  • 6 to 10 years of relevant work experience

Career Path & Salary

Private Sector

Monthly Salary $15,000-$20,000

Monthly Salary $20,000-$30,000

Monthly Salary $30,000-$50,000

Monthly Salary $50,000-$80,000

Related Education & Training

Work Environment

  • Merchandising Managers normally work in office with occasional business trips to follow up with the matters in production and price negotiation

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