Senior Merchandising Executive

2 weeks ago

Fort Worth, Texas, United States Tandy Leather Factory Inc Full time
POSITION OVERVIEW

We are in search of a Senior Merchandising Executive to become a vital part of our Product Management division. This senior-level merchant position plays a crucial role in defining the overall product assortment strategy, overseeing inventory management, and guiding the product lifecycle for a business characterized by a high volume of SKUs across various product categories and in-house production. This role presents significant opportunities for career advancement and professional development within our organization.

In this dynamic position, you will harmonize strategic foresight with practical execution, managing essential daily functions such as assortment planning, pricing strategies, promotional markdowns, purchasing plans, allocation strategies for stores, gross margin enhancement, and comprehensive inventory oversight. Your contributions to product innovation and business growth will be substantial, focusing on fulfilling consumer demands while distinguishing our brand in the marketplace.

We are looking for passionate individuals who are keen to learn, make a meaningful impact, and are driven to support our success as we continue to evolve and thrive in a competitive landscape.

WORK LOCATION

Fort Worth, Texas (minimum in-office presence of 3 days per week)

REPORTING STRUCTURE

Reports to SVP, Product Management & Commercial

KEY RESPONSIBILITIES
  • Establish product requirements by classification and hierarchy to align with corporate goals, managing the product assortment within a financial framework that meets or surpasses sales and margin objectives.
  • Oversee inventory levels based on open-to-buy metrics, inventory turnover rates, sales forecasts, and essential budgetary/financial indicators.
  • Collaborate to create and implement a thorough product development strategy, including competitive evaluations, in-depth consumer insights, and the identification of new product categories or segments to foster profitable growth.
  • Analyze key competitors and comprehend consumer perceptions of both Tandy and its rivals to devise a product strategy that meets consumer expectations and sets us apart.
  • Build and nurture relationships with current and prospective vendors/suppliers through effective communication, collaboration, and strategic planning.
  • Translate product strategies into actionable initiatives, working in partnership with cross-functional teams (marketing, store operations, etc.) to convey significant ideas, key investments, and in-store execution plans.
  • Exhibit leadership qualities, inspiring and mentoring team members at various levels, while effectively managing relationships across the organization.
  • Leverage a robust product development background with a proven history of success in direct importing, product expertise, sourcing, assortment optimization, retail planning, and supplier management.
ESSENTIAL QUALIFICATIONS
  • 10+ years of comprehensive merchandising experience.
  • Demonstrated success in product development, including direct importing of goods, sourcing, assortment optimization, retail planning, and supplier management.
  • Experience in a direct-to-consumer sector.
  • In-depth understanding of retail environments, with experience managing complex categories in an omni-channel context.
  • Expertise in maintaining inventory levels based on financial performance metrics.
  • Proven ability to align product requirements with corporate objectives and manage assortments within financial targets.
  • Innovative thinker, capable of synthesizing consumer insights, market trends, and competitive analysis to inform product decisions.
  • Exceptional written and verbal communication skills, with the capacity to engage effectively with both external and internal business partners.
  • High-energy, self-motivated individual with strong problem-solving abilities, adept at navigating ambiguous situations in a high-performance environment.
  • Demonstrated leadership skills, with the ability to manage, motivate, and mentor team members at all levels and maintain relationships across the organization.
  • Willingness to travel (both domestically and internationally), approximately 10% of the time.
  • Balanced creative and analytical thinking abilities.
  • Strong negotiation capabilities.
  • Proficiency in learning and utilizing internal systems.
EQUAL EMPLOYMENT OPPORTUNITY

Our Company is dedicated to equal employment opportunity in all facets of employment. We will not discriminate against employees or applicants for employment on any legally recognized basis including, but not limited to: veteran status, race, color, religion, sex, marital status, sexual orientation, national origin, physical and/or mental disability, age, creed, arrest records, genetic predisposition or carrier status, and/or participation in lawful activities outside the workplace.

ABOUT TANDY

Tandy Leather Factory, Inc., headquartered in Fort Worth, Texas, is a specialty retailer offering a wide range of products 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 extensive network of North American stores.

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