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Buyer

2 months ago

Lewisville, United States ARTERIORS Home Full time

The Merchant is responsible for the profitable growth and optimization of assigned product categories. They will have primary responsibility for introducing new products into the marketplace and managing products through their entire life cycle to achieve key business objectives.


Key Roles and Responsibilities:

  • Develop and maintain a comprehensive 24-month new product schedule based on market analysis and customer understanding
  • Incorporate customer needs, price positioning, competitive benchmarking, sales and profit goals, product design trends and sourcing capabilities required to meet current and projected product objectives.
  • Collaborate with design and product development teams to ensure that product development goals for design, costs and timeline objectives are met.
  • Understand and optimize the different needs of each distribution channel
  • Coordinate new product availability with market launch.
  • Develop pricing strategies to maximize profitability while maintaining competitive positioning.
  • Ensure product lines are managed strategically throughout the product lifecycle, maximizing SKU productivity while achieving sales and margin goals.
  • Monitor and analyze sales data and trends to identify opportunities for growth, optimization and phase-out
  • Produce and maintain sales forecasts
  • Own product buying decisions and manage Open-to-Buy to achieve product mix, sales, inventory levels and margin objectives.
  • Assist in developing and presenting product training programs.


Qualifications:

  • 6+ years of experience in Merchandising
  • Results oriented and self-motivated with a strong sense of urgency
  • Strong time management abilities, including planning and prioritizing workloads
  • Effective strategic planning, both for the short-term and long-term
  • Thorough understanding of merchandising trends and industry best practices
  • Exceptional ability to analyze data, recognize and quantify trends
  • Creative and innovative thinking
  • A proven track record of achieving excellent results with merchandising strategies and promotional activity
  • Product knowledge, understands advantages and disadvantages of each product
  • Ability to run and manage the open to buy and have a thorough knowledge of inventory/open to buy
  • Excellent interpersonal skills, Strong verbal and written communications skills
  • Ability to multi-task, collaborate and lead cross-functional teams
  • Advanced proficiency in MS Word, Excel, Outlook, and PowerPoint
  • You thrive in a fast paced, entrepreneurial environment and are a self-motivated, confident, energetic and creative individual