Senior Merchandise Manager: Kitchen, Housewares & Decor
Bed Bath & Beyond, Inc. · Utah, United States · Yesterday
MarketingFull-time
About the role
Exempt position responsible for managing profit and loss for assigned merchandise assortment(s).
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 align and complement overall Merchandising business plans and strategies.
- Gathers industry trade data from various sources, including trade shows, along with customer, competitor, market, financial, and operational data. Translates that information into executable and effective 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 complement the company’s merchandising strategies. Develops and grows business relationships with suppliers/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 receive 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.
Requirements
- 5-8 years of Merchandising experience in Lifestyle classifications with 3+ years of management experience.
- Proficiency 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 communication skills, with the ability to professionally interact with suppliers and employees at all levels of the company.
- Excellent time management and decision-making skills, with the ability to prioritize and organize tasks and projects.
- Ability to manage multiple projects simultaneously with competing deadlines, work independently, and be proactive.
- Strong attention to detail and ability to work effectively and collaboratively across various departments to meet goals and deadlines.
- Highly developed and creative problem-solving and project management skills.
For managers or above:
- Ability to influence people across the organization.
- Experience coaching reports to grow a high-performance team.
- Experience hiring and leading diverse teams.
Qualifications
- Graduation from an accredited institution with a bachelor’s degree in Business, Marketing, Merchandising, Economics, or a related field (or equivalent experience).
- Preferred: SQL skills.
- Preferred: Graduate degree in Merchandising, Supply Chain, Business, Economics, or a related field.
Physical Requirements
- Ability to sit and/or stand for long periods at a time.
- May be required to lift up to 25 pounds occasionally.
- Bending, stooping, and reaching are also frequently required.
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).
Benefits vary based on position, tenure, location, and employee election.