Essential Functions:
• Leads a team of Merchants and Associate Merchants with responsibility of recruiting, selection, development, and performance management.
• Accountable for category margin and financial performance recovery.
• Creates product assortments and competitive pricing strategies in assigned categories that align with Lowe’s Pro Supply brand vision/strategy.
• Develops innovative strategies and long term roadmaps that improve product category performance and translates strategy into actionable tactics and drives execution.
• Executes merchandising strategy for assigned product groups that meets financial goals, including sales, gross margin dollar, and inventory turn for assigned segment of business.
• Reviews and recommend product line revisions including deletions.
• Develops Merchant and Associate Merchant skills in negotiation and assortment planning.
• Responsible for maintaining strong, effective relationships with vendors to drive innovation and product development.
• Partners with Buying team to select products and vendors; negotiate price, terms, service obligations, and promotional activity.
• Acts as liaison between Merchandising and Sales Management to control the flow of information on products.
• Continuously monitors product categories for sales and gross margin performance and competitiveness.
• Analyzes competitive pricing data and continually streamline vendor base through consolidation.
• Maintains industry expertise to stay aware of new trends/business to optimize product category success.
• Attends industry and customer trade shows as well as supplier factory visits.
• Collaborates with Marketing team on visual representation and creative development for product packaging and promotions.
Requirements:
• Bachelor's degree Business, Merchandising or a related field
• 5 years of directly related Merchandising experience
Preferences:
• Experience managing P&L
• Demonstrated experience in retail buying in a large/big box retailer
Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.
Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.
