Merchandise Manager - Home Department

Do It Best • Chicago, IL

85d

About The Position

The Merchandise Manager - Home Department. Position locates and purchases products to be sold to our retailers and retail distribution centers. This includes developing, implementing and communicating retail distribution center and direct shipment programs, developing and maintaining departmental planograms, and profitably growing a business segment for True Value. Ultimately, the position of Merchandise Manager has a focus on vendors, products, promotions, and pricing. Assures assortment strategies are executed within the business end-to-end.

Requirements

• Four year degree in Marketing, Sales, or other business related field or strong background/experience in Retail, Sales, or Hardware
• Great technology skills including MS Office
• Prior buying experience (preferred)

Responsibilities

• Develop and submit promotional offers and programs based on sales data and strategies
• Negotiate with vendors to obtain most favorable prices, terms, programs, promotions and volume and growth rebates
• Analyze, implement and maintain costs, and suggested retail price in accordance with the company's established best practices
• Evaluate and introduce new products and product lines to retailers
• Review and implement warehouse and direct shipment product offerings to create the best product mix and overall offer for our retailer that will help them be competitive and profitable
• Set goals to achieve targets on sales, margins, turns, and service levels
• Develop strategic and competitive promotions for the annual Market (trade show) convention
• Evaluate vendor product performance for stocking purposes and direct shipment to our retailers to determine opportunities to grow and develop product mix
• Monitor competitor tactics and trends to capitalize on opportunities in the marketplace
• Collaborate with other Departments (e.g., Finance, Logistics, Marketing & Advertising, Market Planning, Retail Performance, etc.) to troubleshoot and resolve retailer or vendor issues; as well as to effectively execute Department projects
• Travel for Markets twice per year; as well as any retailer visits, vendor visits, and trade shows as needed
• Set goals and key performance initiatives (KPIs) for the Associate Merchandise Manager(s)
• Manage and monitor inventory of the Department to meet both acceptable turns and service level
• Collaborate with Global Sourcing to develop the best possible products and programs.

What This Job Offers

• Job Type: Full-time
• Industry: Building Material and Garden Equipment and Supplies Dealers
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees