Senior Merchandising Manager

2 weeks ago

Fort Worth, Texas, United States Tandy Leather Factory Full time
Job Title: Senior Merchant

Job Summary:

We are seeking a highly skilled Senior Merchant to join our Product Management team. As a key member of our team, you will be responsible for developing and executing product strategies that drive business growth and profitability.

Main Responsibilities:

  • Define product needs by classification/hierarchy to align with company objectives and manage the product assortment within a financial framework that meets or exceeds sales and margin plans.
  • Maintain inventory levels based on open-to-buy, inventory turn, sales plans, and key budget/financial metrics.
  • Create and execute an overarching product development approach that includes competitive assessment, a deep understanding of consumers and their end uses, and identifying new product categories or segments for profitable growth.
  • Source, buy, and successfully launch products into retail stores in collaboration with new and existing vendors and the R&D manager.
  • Drive growth and inventory management with the Commercial Sales division based on quick-turn/high-volume orders.
  • Collaborate with cross-functional teams (marketing, store operations, etc.) to communicate big ideas, key investments, strategies, and execution plans for stores.
  • Understand the competitive set, including pricing and key messaging, and use this knowledge to drive retail execution.
  • Translate product strategies into action plans and execute them to achieve division and department goals.
  • Build relationships with vendors/suppliers through effective communication, collaboration, and planning.
  • Monitor and track sales and sell-through weekly, reporting key findings and action plans during business reviews with management. Identify how current trends will impact future results and adjust as needed.
  • Maintain up-to-date knowledge of market trends.
  • Demonstrate a commitment to quality by reporting and reacting to returns data and customer feedback.
  • Manage purchase orders with the direct report of a purchasing assistant, ensuring on-time delivery and system accuracy.

Essential Qualifications:

  • 5-7+ years of general merchandising experience
  • Deep knowledge of retail landscapes managing complex categories within an omni-channel environment
  • Experience in maintaining inventory levels based on financial metrics
  • Demonstrated success in product development, sourcing, and supplier management
  • Proven ability to align product needs with company objectives and manage assortments within financial targets
  • Innovative thinker who synthesizes consumer insights, trends and competitive analysis to make informed product decisions
  • High energy, self-starter with the ability to manage quick turnaround situations demonstrating problem-solving skills, the ability to work within the grey in a high-performance environment
  • Possesses the ability to manage up, down and across with results
  • Strong leadership and mentorship skills, managing direct reports and delegating effectively
  • Balanced creative and analytical thinking
  • Strong negotiation and communication skills
  • Ability to learn and utilize in-house systems

About Tandy Leather Factory:

Tandy Leather Factory, Inc., headquartered in Fort Worth, Texas, is a specialty retailer of a broad product line including leather, leatherworking tools, buckles and adornments, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. Tandy Leather distributes its products through its 106 North American stores located in 40 US states and 6 Canadian provinces, and one International store located in Spain.

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