Exempt jobs are responsible for managing profit and loss for assigned merchandise assortment(s). The Merchandise Manager assists with the development and execution of strategic merchandise plans to maximize product sales and manages profit and loss for each merchandise assignment. Ensures that merchandise plans are aligned and compliment overall Merchandising business plans and strategies. Gathers industry trade data, customer, competitor, market, financial, and operational data, translating that information into executable market intelligence reporting. Analyzes overall product demand forecasting future merchandise demand and product need. Evaluates vendor capabilities and selects those best suited to compliment the company’s merchandising strategies, developing and growing business relationships with suppliers/vendors. Recommends changes in procurement processes to improve service, quality, and/or reduce costs. Creates executable inventory plans and vets opportunities for new business. Evaluates vendor reliability and develops new supply sources where vendors/suppliers are no longer competitive. Improves or increases merchandise assortments and executes merchandising plans that are profitable by managing quality, sourcing, and delivery. Assists in defining product and distribution standards for assigned merchandise assortment(s) and assesses the capabilities of suppliers/partners to meet those standards. Monitors supplier performance and reconciles quality and/or fulfillment concerns to ensure quality standards are consistently met. Gathers information for product quotations, examines bids, negotiates product costs, and awards contracts to supplier/partners. Monitors associated merchandising costs, performance schedules, and cope of assigned contracts/subcontracts to ensure customers are getting the best quality at the best value. Collaborates with management to address all profit and loss issues. Collaborates with various cross-functional teams in support of the execution of merchandising strategies. Follows prescribed legal guidelines and requirements. Performs other job-related duties as assigned.
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Job Type
Full-time
Career Level
Manager