About The Position

At Bed Bath & Beyond, we believe that everyone should “Be You!”. We are a community that upholds a culture of understanding, acceptance, and respect, valuing and embracing individuality, traits, beliefs, and characteristics. Our goal is to foster a more inclusive environment where every employee visibly demonstrates inclusive behaviors and respect for individuals. Overstock.com is committed to strengthening the diversity of teams by recruiting, developing, and retaining professionals from all backgrounds and classes. We promote diversity, equity, and inclusivity as an integral component in our continuing objective to provide “dream homes for all”. This Exempt job is responsible for managing profit and loss for assigned merchandise assortment(s).

Requirements

  • 5-8 years of Merchandising experience in Lifestyle classifications.
  • 3+ years of management experience.
  • Proficient with Microsoft Office applications (Word, Excel, and PowerPoint).
  • Proven ability to collaborate with others to understand and complete project goals.
  • Excellent interpersonal, verbal, and written communications skills and ability to professionally interact with suppliers and employees at all levels of the company.
  • Excellent time management and decision-making skills and ability to prioritize and organize tasks and projects.
  • Ability to manage multiple projects simultaneously with competing deadlines, work independently, and be proactive.
  • Ability to pay attention to detail and work effectively and collaboratively across various departments to meet goals and deadlines.
  • Highly developed and creative problem-solving and project management skills.
  • Graduation from an accredited institution with a bachelor’s degree in Business, Marketing, Merchandising, Economics or a related field or any combination of education and/or experience.

Nice To Haves

  • SQL skills
  • Graduate degree in Merchandising, Supply Chain, Business, Economics, or a related field.

Responsibilities

  • 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 from various sources, including trade shows, customer, competitor, market, financial, and operational data, and translates that information into executable market intelligence reporting.
  • Analyzes overall product demand forecasting future merchandise demand and product need.
  • Evaluates vendor capabilities as merchandise suppliers and selects those best suited to compliment the company’s merchandising strategies.
  • Develops and grows business relationships with supplier/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.
  • Monitors associated merchandising costs, performance schedules, and scope 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.
  • Collaborates with Marketing to create promotional/campaign calendars and provides insights for campaigns.
  • Follows prescribed legal guidelines and requirements.
  • Performs other job-related duties as assigned.
  • Ability to influence people across the organization.
  • Ability to coach your reports to grow a high-performance team.
  • Experience hiring and leading diverse teams.

Benefits

  • 401k (6% match)
  • Flexible Schedules
  • Tuition Reimbursement
  • Leadership Development Program
  • Mentorship Program
  • Employee Resource Groups (LatinX, Black Employee Network, LGBTQIA+, Women’s Network, Women In Tech)
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