Head of Merchandise Strategy

2 weeks ago

New York, New York, United States Mejuri Full time

About Mejuri: Mejuri is a pioneering fine jewelry brand that is reshaping the concept of luxury to align with modern values. Founded by Noura Sakkijha, a third-generation jeweler, Mejuri focuses on empowering women to make jewelry purchases for themselves, breaking away from traditional marketing norms.

Position Overview: We are seeking a Director of Merchandising Planning who is a strategic thinker with a strong business acumen. This role requires a data-driven, analytical self-starter who thrives in a collaborative environment. The successful candidate will report to the head of planning and will play a crucial role in aligning product assortment and inventory strategies with Mejuri's financial objectives.

Key Responsibilities:

  • Formulate merchandise financial strategies that enhance product category performance, profitability, and inventory management.
  • Oversee forecasting for both existing and new product launches, as well as for new retail locations.
  • Act as the primary contact for weekly sales analytics, tailoring reports for senior management and cross-functional teams.
  • Conduct performance evaluations across the organization to assess the success of sales, profitability, and inventory plans.
  • Manage the open-to-buy (OTB) process to budget inventory purchases effectively.
  • Support the buy review process with insightful forecasting and analysis, including inventory investment and margin considerations.
  • Provide ad-hoc analytical support regarding sales, gross margin, and inventory performance, offering actionable insights and recommendations.
  • Assist the merchandising team in developing product assortments, pricing strategies, and lifecycle management.
  • Contribute to the development of systems and tools that enhance the merchandising planning function.
  • Lead and mentor a small team of demand and merchandise planners.

Qualifications:

  • Minimum of 5 years of experience in a retail setting, with roles in planning, buying, or retail analysis.
  • Proven leadership capabilities, including team management and collaboration with executive leadership.
  • Experience in a dynamic retail environment characterized by rapid growth and frequent new store openings.
  • Strong background in retail operations, including forecasting, promotions, margin planning, and inventory productivity.
  • Exceptional communication and presentation skills, with the ability to convey complex information clearly.
  • Demonstrated success in assortment and inventory planning to optimize retail performance.
  • Strategic mindset with the ability to identify opportunities and influence senior leaders.
  • Strong organizational skills and attention to detail, with effective problem-solving abilities.
  • Advanced proficiency in Excel and familiarity with data/business intelligence tools.

Benefits:

  • Generous vacation policy, including personal days and religious observance days.
  • Flexible hybrid work model for corporate roles.
  • Comprehensive medical and dental benefits, including mental health support.
  • Parental leave salary top-up and personalized return-to-work plans.
  • Performance reviews and a generous employee discount.

Salary: Salary will be commensurate with experience, with a transparent range provided during the hiring process.

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