Vice President of Merchandising
|Employment Type:||Full Time|
|Description:||Directs the merchandising and buying functions to optimize sustained business growth in revenue and profit; develops, analyzes, prepares, interprets, and communicates|
key merchandise information. Responsible for the development, communication and implementation of product strategy for the organization.
Develops merchandising strategies across all categories that align strategically with the companys objectives, brand strategies and overall merchandise strategy.
Manages category business planning, assortment decisions, merchandising, sales promotion, price position, gross profit management, and GMROI.
Develop/train Category Managers; manage team and increase internal talent to support company growth.
Develop and enhance the Companys vendor relationships and work with category managers to maximize those relationships.
Aligns merchandising standards and processes to support seasonal planning for the marketing and selling channels.
Manage international sourcing/global sourcing: Identify and execute strategy to leverage international sourcing.
Continuously looks for alternate sources for products to optimize business performance.
Purchasing/ Inventory Control
Holds primary responsibility for all inventory levels, performance, controls and accuracy.
Ensure that merchandise and inventory plans are consistent with business unit sales plans.
Works closely with marketing and selling units to ensure service level goals are met.
Responsible for programs and compliance of all local, state and federal laws including customs.
Ensures vendor agreements and compliance are meeting company policy.
Oversees the product development department.
Ensures the financial performance of the proprietary products meet the strategic objectives of the organization.
Provides leadership and direction for staff and develops the strategy to position the division capable of meeting the seasonal planning and growth needs of the organization.
|Qualifications:|| Bachelors degree in Business, engineering or related field. MBA preferred.|
10+ years of management experience in inventory control and merchandising
Proven experience/success in international sourcing/global sourcing.
Proprietary product/R&D experience.
Thorough understanding of Category Management; success in executing best practices.
Proven success in employee growth/ development, training, and talent planning.
Excellent analytical, mathematical, computer and organizational skills required.
Strong negotiation skills
Strong customer orientation
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