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**Merchandising Director**, **Product Strategy Leader**
2 months ago
The **Merchandising Director** will be responsible for developing and executing three-year merchandising business strategies to maximize brand growth, sales, and profits across multiple product categories. This role will identify new product and category opportunities and collaborate with cross-functional teams to ensure cohesive product stories, cross-channel launches, and business goals are met.
Key Responsibilities- Develop and communicate the long-term strategic direction for multiple divisions, inspiring the team to develop business plans and identify new opportunities.
- Review and approve category strategies to ensure current trends are capitalized upon throughout the department.
- Review and approve strategic plans to explore new business opportunities, product mix to ensure all collections have a cohesive look and meet standards, final samples, financial strategy, purchase plans, annual and seasonal financial plans to maximize sales and profits, and seasonal assortment plans to ensure product is appropriate for the brand.
- Work closely with visual merchandising to plan floor layouts and management strategy.
- Review markdown strategies.
- Develop staffing and succession plans, interview candidates, and approve division's final candidates.
- Determine workload for staff, recommend effective processes and procedures to improve workflow and results.
- Provide direction and clarify objectives, evaluate and appraise performance.
- Mentor, educate, and develop staff.
- Lead and facilitate divisional meetings across functions and distribution channels.
- Present concepts to senior leadership, collaborate and seek feedback on ideas and products.
- Regularly shop competitors to stay abreast of trends, travel as needed to identify emerging themes and new inspirations.
- Lead and participate in key company strategic initiatives and steering committees.
- Bachelor's Degree in Merchandising or related field (preferred).
- Minimum of 8 years of Buying/Product/Category Management experience.
- 5+ years planning and inventory management in a retail company.
- Experience running OTB and developing strategies.
- Strong forecasting, financial, and analytical skills.
- Proven track record of setting strategies and driving top-line and bottom-line results.
- Minimum of five years prior experience and proven success in leading and inspiring a team.
- High level of proficiency in MS Office suite to include Word, Excel, PowerPoint, and Outlook.
- High level of proficiency in working with ERP system.
- Proven ability to develop strong cross-functional relationships.
- Outstanding problem-solving, interpersonal, and communication skills.
- Strong organizational skills with excellent attention to detail and ability to juggle multiple priorities.
- Thrives in a high-energy and fast-paced environment, with the ability to be flexible and react to rapidly changing business needs and priorities.
