Senior Merchandise Manager: Living Room & Office Furniture
We Go Beyond: At Bed Bath & Beyond, we believe that everyone should “Be You!”. We uphold a culture of understanding, acceptance, and respect, valuing individuality, traits, beliefs, and characteristics. Living by this ethos is essential to our success, fostering a more inclusive environment where every employee demonstrates inclusive behaviors and respect for individuals. We are committed to strengthening the diversity of our teams by recruiting, developing, and retaining professionals from all backgrounds and classes, promoting diversity, equity, and inclusivity as integral to providing “dream homes for all.”
About the role
Exempt positions (job codes SSC1169 – 72) are 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 are aligned and complement overall Merchandising business plans and strategies.
- Gathers earnest and 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 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.
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.
- Highly developed and creative problem-solving and project management skills.
- Attention to detail and ability to work effectively and collaboratively across various departments to meet goals and deadlines.
Preferred Qualifications
- SQL skills.
- Graduate degree in Merchandising, Supply Chain, Business, Economics, or a related field.
Qualifications
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 based on the requirements above is required.
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).
- Additional benefits vary based on position, tenure, location, and employee election.
Who We Are
We’re a passionate group of collaborative problem solvers and creative innovators, working on cutting-edge technology. From building award-winning retail applications (with amazing AR functionality) to creating leading blockchain and machine learning technologies, each of us embodies a unique value and contributes a diverse perspective to the team.