Sr Merchant - Lowes PRO Supply

Lowe's • Mooresville, NC

124d

About The Position

The position involves leading a team of Merchants and Associate Merchants, focusing on recruiting, selection, development, and performance management. The role is accountable for category margin and financial performance recovery, creating product assortments and competitive pricing strategies that align with Lowe's Pro Supply brand vision. The individual will develop innovative strategies and long-term roadmaps to improve product category performance, translating strategy into actionable tactics and driving execution. Responsibilities include executing merchandising strategy for assigned product groups, reviewing product line revisions, developing negotiation and assortment planning skills, and maintaining strong relationships with vendors. The role also involves partnering with the Buying team, acting as a liaison between Merchandising and Sales Management, monitoring product categories for performance, analyzing competitive pricing data, and maintaining industry expertise. Additionally, the position requires collaboration with the Marketing team on product packaging and promotions.

Requirements

• Bachelor's degree in Business, Merchandising or a related field.
• 5 years of directly related Merchandising experience.

Nice To Haves

• Experience managing P&L.
• Demonstrated experience in retail buying in a large/big box retailer.

Responsibilities

• Leads a team of Merchants and Associate Merchants with responsibility of recruiting, selection, development, and performance management.
• Accountable for category margin and financial performance recovery.
• Creates product assortments and competitive pricing strategies in assigned categories that align with Lowe's Pro Supply brand vision/strategy.
• Develops innovative strategies and long term roadmaps that improve product category performance and translates strategy into actionable tactics and drives execution.
• Executes merchandising strategy for assigned product groups that meets financial goals, including sales, gross margin dollar, and inventory turn for assigned segment of business.
• Reviews and recommends product line revisions including deletions.
• Develops Merchant and Associate Merchant skills in negotiation and assortment planning.
• Responsible for maintaining strong, effective relationships with vendors to drive innovation and product development.
• Partners with Buying team to select products and vendors; negotiate price, terms, service obligations, and promotional activity.
• Acts as liaison between Merchandising and Sales Management to control the flow of information on products.
• Continuously monitors product categories for sales and gross margin performance and competitiveness.
• Analyzes competitive pricing data and continually streamlines vendor base through consolidation.
• Maintains industry expertise to stay aware of new trends/business to optimize product category success.
• Attends industry and customer trade shows as well as supplier factory visits.
• Collaborates with Marketing team on visual representation and creative development for product packaging and promotions.

Benefits

• Exceptional benefits and opportunities to grow skills.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Building Material and Garden Equipment and Supplies Dealers
• Education Level: Bachelor's degree