Responsible for executing the merchandising objectives for a class/subclass of merchandise. This includes, assisting the merchant with creating and maintaining vendor relationships, marketing products, developing product line strategies and reporting financial results. The Associate Merchant assists with making buying decisions for the assigned category and negotiates terms with suppliers to drive item selection and pricing.
Key Responsibilities
30% Supplier Relationship Management: Assists Merchant with influencing the supplier management strategy to support overall department strategy and works to improve all aspect of supplier relationship. May serve as a key contributor on various other key projects.
30%Financial Planning & Management: Assists Merchant with Implementing the financial strategy/ cost structure for a category and sets pricing. May set pricing and strategy for class/subclass.
20% Merchandising Execution: Assists Merchant with developing merchandising strategy to understand key business drivers (e.g. historical performance, industry/ competitive landscape, consumer segmentation) May serve as a key contributor on various key projects within a business function.
20% Assortment Selection: Assists Merchant with executing the business review of category/ categories on a regular basis; determining changes to product mix to better optimize assortment and drive innovation.
Direct Manager/Direct Reports
Typically reports to Senior Merchant or Merchant
No direct responsibility for supervising others.
Travel Requirements
Typically requires overnight travel 5% to 20% of the time.
Physical Requirements
Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.
Working Conditions
Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.
Minimum Qualifications
Must be eighteen years of age or older.
Must be legally permitted to work in the United States.
Preferred Qualifications
Bachelor's degree, preferably in business or related field of study
Proven experience in merchandising execution, visual presentation, inventory management, channel management, and supplier management.
Proven proficiency in both a brick and mortar and online retail environment
Experience managing a large number of vendors simultaneously
Comprehensive understanding of relevant products to make purchasing decisions
Experience with managing regional and national suppliers. Ability to manage sales typically in excess of $400M. Experience managing a business (financial, operational, process, people, technology etc).
Minimum Education
The knowledge, skills and abilities typically acquired through the completion of a high school diploma and/or GED.
Preferred Education
No additional education
Minimum Years Of Work Experience
4
Preferred Years Of Work Experience
No additional years of experience
Minimum Leadership Experience
None
Preferred Leadership Experience
None
Certifications
None
Competencies
Advanced understanding of internal and environmental sales drivers
Merchandising and retail planning expertise
Strong analytical skills
Expert communication and negotiation skills
Project execution skills. ability to negotiate pricing terms
Ability and willingness to work in a highly cross-functional environment
Proficient with Microsoft Office, Specialized with Excel
Ability to work independently
Seniority level
Entry level
Employment type
Full-time
Job function
Sales and Business Development
Industries
Retail
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