Senior Director, Product Development - Home Decor

Wal-Mart • Bentonville, AR

55d • Onsite

About The Position

Senior Director, Product Development - Home Decor This role is onsite in Bentonville, Arkansas. At Walmart, we help people save money so they can live better. This mission serves as the foundation for every decision we make to create the future of retail, from responsible sourcing to sustainability - and everything in between. What you'll do... As a Senior Director in Private Brands, you will lead a team of product development and sourcing managers that work across the merchandising organization to develop a cohesive customer strategy. You will manage essential performance metrics that promote profitable growth, develop robust partnerships with suppliers, and use vision and creativity to improve the customer experience through compelling assortments. You know your supplier and customer needs better than anyone else and are constantly thinking about what is next for your business. Your success requires leadership presence and ability to manage strategic plans. You'll use your skillset to work with suppliers at all levels and navigate interesting, complex challenges. You'll make an impact by... Provide direction for team by analyzing our goals and customer needs; communicate, building support for, and implementing business strategies, plans, and practices; analyze costs and forecasts and incorporating them into business plans; determine and support resource requirements; evaluate operational processes; identify and maximize improvement opportunities; promote a customer environment; and adapt and sponsor continuous learning. Lead the implementation of large, cross-organizational Private Brands projects that impact operational efficiency and customer experience. Communicate strategic plans by working with teams; gather knowledge from relevant sources; analyze the potential return on investment; develop assessments of essential opportunities; document project scopes; develop long-range plans and project timelines; and provide updates and progress reports to senior leaders. Oversee the development of product specifications and supplier agreement through the product lifecycle to ensure customer needs are met through new item development. Work with all partners to determine product needs, conducting industry benchmarking, resolve issues, and ensure understanding. Develop financial and cost reduction strategies and promote financial performance for a high-complexity portfolio by developing performance metrics based on overall strategic direction; direct the analysis of costs and affect; identify use opportunities to promote cost savings; provide guidance and creative solutions to leadership on plans to minimize cost and maximize sales growth; ensure category direction supports goals and will grow sales according to plan; review sales and direct changes; negotiate with suppliers to ensure sustainable solutions for the future and reduce costs; and communicate updates to senior leadership. Manage department goals and activities related to product strategies by overseeing research to gain insight into our customer needs; review data to determine impact to the business; refine processes for product delivery; aggregate research information to provide business intelligence; benchmark within the industry to identify trends and opportunities to grow profit and sales; and communicate protocols to United States teams and offshore sourcing teams and making recommendations to senior leaders on enhanced product offerings.Develop strategies to attract an accomplished and engaged workforce by diagnosing capability gaps; recruit, select, and develop talent; support mentorship, workforce development, and succession planning; and apply the capabilities of new and existing talent. Cultivate an environment where associates follow company standards of ethics by integrating these values into all practices; develop consequences for violations or non-compliance; and support the Open Door Policy. Develop our partnerships and networks to maximize goals by sponsoring and leading essential community outreach and involvement programs; engage partners in the development of appropriate plans ; and support associate efforts in these areas.

Requirements

• Bachelor's degree in Business Administration, Marketing, Design, or related field and 6 years' experience in design, merchandising, marketing, or related area OR 8 years' experience in design, merchandising, marketing, or related area.
• 2 years' supervisory experience.

Nice To Haves

• Financial Modeling and Analysis
• Microsoft Office
• Product Development
• Programming Language - VBA
• Project Management
• Statistical Programming Language - Structured Query Language (SQL)
• Masters
• Masters: Arts
• Lean Six Sigma Champion Certification - Certification
• Project Management - Project Management Professional - Certification

Responsibilities

• Provide direction for team by analyzing our goals and customer needs
• Communicate, building support for, and implementing business strategies, plans, and practices
• Analyze costs and forecasts and incorporating them into business plans
• Determine and support resource requirements
• Evaluate operational processes
• Identify and maximize improvement opportunities
• Promote a customer environment
• Adapt and sponsor continuous learning
• Lead the implementation of large, cross-organizational Private Brands projects that impact operational efficiency and customer experience
• Communicate strategic plans by working with teams
• Gather knowledge from relevant sources
• Analyze the potential return on investment
• Develop assessments of essential opportunities
• Document project scopes
• Develop long-range plans and project timelines
• Provide updates and progress reports to senior leaders
• Oversee the development of product specifications and supplier agreement through the product lifecycle to ensure customer needs are met through new item development
• Work with all partners to determine product needs, conducting industry benchmarking, resolve issues, and ensure understanding
• Develop financial and cost reduction strategies and promote financial performance for a high-complexity portfolio by developing performance metrics based on overall strategic direction
• Direct the analysis of costs and affect
• Identify use opportunities to promote cost savings
• Provide guidance and creative solutions to leadership on plans to minimize cost and maximize sales growth
• Ensure category direction supports goals and will grow sales according to plan
• Review sales and direct changes
• Negotiate with suppliers to ensure sustainable solutions for the future and reduce costs
• Communicate updates to senior leadership
• Manage department goals and activities related to product strategies by overseeing research to gain insight into our customer needs
• Review data to determine impact to the business
• Refine processes for product delivery
• Aggregate research information to provide business intelligence
• Benchmark within the industry to identify trends and opportunities to grow profit and sales
• Communicate protocols to United States teams and offshore sourcing teams and making recommendations to senior leaders on enhanced product offerings
• Develop strategies to attract an accomplished and engaged workforce by diagnosing capability gaps
• Recruit, select, and develop talent
• Support mentorship, workforce development, and succession planning
• Apply the capabilities of new and existing talent
• Cultivate an environment where associates follow company standards of ethics by integrating these values into all practices
• Develop consequences for violations or non-compliance
• Support the Open Door Policy
• Develop our partnerships and networks to maximize goals by sponsoring and leading essential community outreach and involvement programs
• Engage partners in the development of appropriate plans
• Support associate efforts in these areas

Benefits

• Beyond competitive pay, you can receive incentive awards for your performance.
• Other great perks include 401(k) match, stock purchase plan, paid maternity and parental leave, PTO, multiple health plans, and much more.
• Health benefits include medical, vision and dental coverage.
• Financial benefits include 401(k), stock purchase and company-paid life insurance.
• Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting.
• Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.
• You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes.
• Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Industry: General Merchandise Retailers
• Number of Employees: 5,001-10,000 employees