Senior Director of Merchandising, Furniture
Beyond, Inc.About the role
We Go Beyond:
At Bed Bath & Beyond, we believe that everyone should “Be You!”. Bed Bath & Beyond is a community that upholds a culture of understanding, acceptance, and respect. We believe a person’s individuality, traits, beliefs, and characteristics should be valued and embraced. Living by this ethos is essential to the success of our business. Our goal is to foster a more inclusive environment where every employee visibly demonstrates inclusive behaviors and respect for individuals.
ESSENTIAL JOB DUTIES
Develops and executes strategic merchandising plans to maximize product sales and achieve profitability goals. Ensures that individual merchandising plans align and compliment strategic business plans and corporate business strategies.
Develops merchandising category/sub-category assortment strategies within product portfolios and develops plans to achieve sales objectives. Ensures merchandising teams follow assigned plans.
Reviews merchandising performance and provides solution-oriented recommendations for improvements
Gathers and evaluates business/sales data to identify opportunities to expand markets and manage potential challenges to the successful achievement of merchandising KPIs.
Researches opportunities to expand product offerings by assessing strategic assortment gaps, sourcing new products and new partners, and collaborating with partners to develop new products.
Develops and designs pricing strategies based on market variances, competitor pricing, and various other related factors.
Develops strategic plans to assess and engage preferred partners for assigned merchandise categories. Manages strong external partner relationships to grow and achieve merchandising sales targets.
Evaluates operational costs of doing business with each suppliers/partner and updates/negotiates agreements for supplying merchandise based on partner performance and other relevant factors.
Implements partner sponsored sales/weekly deals/MAP promotions and site sales. Integrates partner promotions into merchandising marketing plans and schedules.
Functions as the intermediary between suppliers/partners and various internal groups to coordinate various business plans and strategies. Oversees collaboration with cross-functional and marketing channel teams to maintain focus on business goals and objectives and optimize spend/ROI.
Researches various product and suppliers/partners by attending trade shows, product demonstrations and markets updates. Integrates updates into appropriate merchandising strategies.
Develops and executes operational priorities for each merchandise category. Manages all operational requirements to maintain merchandising needs such as optimizing content, correcting attributes and SKUs, and updating MSRP, WISP, and MAP.
Follows prescribed legal guidelines and requirements.
Performs other job-related duties as assigned.
Required Skills and Experience:
10-12
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