Head of Merchandise Strategy

1 week ago

New York, New York, United States Mejuri Full time
Director of Merchandise Planning

Mejuri is on the lookout for a Director of Merchandise Planning. The ideal candidate is a financially astute, customer-focused, data-driven, and analytical self-starter who thrives on collaboration and aims for excellence in our rapidly expanding brand.

Reporting to the head of planning, this proactive and visionary individual will ensure that product assortments and inventory strategies align with customer expectations and Mejuri's financial objectives. This role serves as a vital partner to senior management and merchandising teams by delivering data-driven insights, overseeing inventory management, and planning product financials to enhance overall business performance.

This position is perfect for someone with experience in a dynamic, high-growth retail setting with frequent store openings, who is comfortable collaborating across various levels and is eager to contribute meaningful work within a small, agile team while witnessing the real-time impact of their efforts.

Key Responsibilities:
  • Craft merchandise financial strategies that optimize sales, margins, and inventory across product categories.
  • Lead forecasting efforts for both carryover and new product launches, as well as new store openings.
  • Serve as the primary contact for weekly sales reporting, creating tailored reports for senior leadership and various teams including merchandising, finance, supply chain, retail sales, and digital.
  • Conduct performance analyses that measure the success of sales, margins, and inventory plans.
  • Oversee the open-to-buy (OTB) process, budgeting for inventory purchases of both carryover and new products.
  • Support the buy review process with forecasting and analysis, including estimates for halo and cannibalization, required inventory investments, and margin considerations.
  • Act as the go-to resource for ad-hoc and diagnostic analyses of sales, gross margin, and inventory performance, communicating insights and recommendations.
  • Provide analytical support to the merchandising team in developing product assortments, pricing strategies, lifecycle management, and discontinuation plans.
  • Assist in the development of systems and tools to enhance the merchandising planning function.
  • Lead and mentor a small team of demand and merchandise planners.
Qualifications:
  • Experience: 5+ years in a retail environment, including roles as a planner, buyer, or retail business analyst.
  • Proven leadership experience, managing teams and collaborating with executive leaders.
  • Experience in a high-growth retail environment with frequent new store openings.
  • Strong retail experience and business acumen, including forecasting, promotions, margin planning, and inventory productivity metrics.
  • Exceptional verbal and written communication skills, with the ability to present complex information in a clear and compelling manner.
  • Demonstrated success in assortment and inventory planning to optimize retail stores for maximum conversion rates.
  • Strategic thinker who identifies opportunities and recommends actionable strategies to influence senior leaders.
  • High level of creative conceptual ability, with a strong product sense and experience in driving product assortments and investment strategies.
  • Excellent time management, attention to detail, problem-solving, interpersonal, and organizational skills, with a focus on effective communication across functional groups.
  • Advanced proficiency in Excel and data/business intelligence tools.
Benefits at Mejuri:
  • A minimum of three weeks vacation, plus personal days and three religious observance days.
  • A hybrid work model for all corporate roles.
  • 'Mejuri Passport' which allows eligible employees to work in different locations for one month per year.
  • Comprehensive medical and dental benefits, including mental health coverage, and generous personal and sick days for full-time employees. Bereavement leave is also offered, including support for miscarriage and stillbirth.
  • Parental leave salary top-up of up to 80%, along with a personalized return-to-work transition and accommodation plan for full-time employees.
  • Semi-annual performance reviews.
  • A generous product discount.

Please note that these benefits apply to full-time employees.

Salary:

Mejuri values pay transparency and recognizes its importance in the hiring process. Salary will be commensurate with experience, with a range between $152K-198K.


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