Divisional Merchandising Manager directs and develops merchandising plans and operational systems to achieve financial objectives. Utilizes sales, research, and trend analytics to develop strategies for merchandise categories and optimize product assortments. Being a Divisional Merchandising Manager develops merchandise plans and pricing that support key strategic initiatives, launches, top sellers, seasonal campaigns, and trends. Partners across functions to manage vendor relationships, identify new vendors, and negotiate favorable contract terms. Additionally, Divisional Merchandising Manager requires a bachelor's degree in marketing, merchandising, business or other related field. Typically reports to top management. The Divisional Merchandising Manager manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Divisional Merchandising Manager typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Position Summary:
We are seeking a seasoned Strategic Sourcing Manager – Merchandising to join our procurement team. This pivotal role is responsible for developing and executing strategic sourcing strategies for merchandise categories to maximize value, minimize risks, and ensure quality and cost-effectiveness in our supply chain. The ideal candidate will bring a proactive approach to vendor management, contract negotiation, and supply chain optimization to support our business objectives.
Responsibilities:
1. Develop and implement effective procurement strategies for merchandise categories, aligning with the company's business goals and financial objectives.
2. Conduct market research and analysis to identify and onboard reliable suppliers and vendors, ensuring competitive pricing, quality, and delivery terms.
3. Negotiate contracts and terms with suppliers to achieve favorable conditions and cost savings while maintaining quality and service standards.
4. Collaborate with cross-functional teams, including merchandising, finance, and logistics, to negotiate ideal business terms that will maximize margin while focusing on working capital reduction.
5. Monitor supplier performance, conducting regular reviews and assessments to ensure compliance with contractual obligations and performance metrics.
6. Identify and mitigate risks within the supply chain, implementing contingency plans to address potential supply disruptions.
7. Stay abreast of industry trends, market conditions, and technological advancements to drive continuous improvement in procurement processes and strategies.
8. Drive sustainability and corporate social responsibility initiatives within the procurement process, promoting ethical sourcing and environmental stewardship.
Working Relationships:
External Vendors and Internal stakeholders across marketing, finance, IT, HR, etc
Minimum Education:
Bachelor’s degree in Business, Supply Chain Management, or related field
Preferred Education:
Master’s degree preferred
Minimum Experience:
Minimum of 5 years of experience in procurement or supply chain management, with a focus on merchandise categories.
Preferred Experience:
Licenses/Certifications:
Soft Skills:
Travel: Ability to travel independently 5%.
Hours & Conditions: Monday – Friday 8 hour day in office setting
Physical Requirements: Ability to maneuver and regularly lift and or move up to 10 pounds, frequently lift and/or move up to 25 pounds.
Clear All
0 Divisional Merchandising Manager jobs found in Worcester, MA area