The Sr. Director, Inventory Replenishment, Merchandising, and Marketing is a member of the senior leadership team responsible for leading the marketing, merchandising and Inventory Replenishment functions of the organization. This role will manage a dynamic team of procurement professionals, merchandising product managers and creative services personnel to develop creative strategies and support continued growth.
Essential Responsibilities
- Lead marketing, merchandising and inventory replenishment programs nationally. Assess department structure and build to accommodate the needs of a growing business.
- Develop a creative direction and strategies to drive sales. Also ensure the translation of those strategies to the successful execution of marketing plans to achieve sales and inventory goals.
- Execute on key seasonal events, counter attack strategies, collateral, pricing and promotion strategies.
- Coordinate with Sales & Operations leaders to understand the needed tools to execute marketing plans.
- Recognize and surface competitive trends to target key industry and local market opportunities.
- Ensure the marketing team pursues innovative approaches to product selection, promotional strategies and pricing strategies.
- Identify and manage procurement risks to minimize negative impacts on organizational objectives while encouraging opportunity.
- Establish performance standards and evaluation processes to assess and report on procurement activity in terms of progress, results, customer satisfaction, value and cost.
- Budget management for categories under management and for procurement itself.
- Ensure the merchandising team proactively identifies new potential vendor relationships, maintains existing vendor relations, successfully negotiates profitable contracts, and holds vendors accountable to agreed service levels.
- Utilize financial reporting to understand specific levers that influence the P&L and ensure long-term financial goals are met.
- Manage the skills and competency development of staff, including training and development and knowledge management capabilities.
- Ensures alignment with Lowe’s merchandising and marketing strategies and executes opportunities to bring Lowe’s capabilities to MSH customers.
Minimum Qualifications
- Bachelor’s Degree or equivalent experience. MBA is preferred but not required
- 8 to 10 years of merchandising experience, wholesale distribution preferred
- 5 to 7 years P&L management and accountability for increasing revenue and driving profitability
- 5 years Experience with leading a team with an emphasis on development, accountability, and delivering business results
- Ability to travel frequently to manage staff at other locations and attend marketing functions, 15% travel requirement
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.
Pay Range: $151,200.00 - $252,100.00 annually 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.
