Position Summary...The role designs, develops, and executes strategies for complex categories to achieve profit and loss deliverables and meet customer needs at unbeatable prices.
What you'll do...This role is accountable for all aspects of merchandise profit and loss management and category financial results. This includes short-term and long-term planning, as well as proactive/reactive management to ensure forecasts, sales, markdowns, coop collection, market share growth, gross profit, inventory targets/budgets, and pricing are met or exceeded. The role may also involve communicating and reporting results to relevant cross-functional partners, reviewing post-buy financial analysis, and identifying records of results for cross-functional review.
The role develops category strategies that align with the merchant framework and portfolio strategies/financials through the use and review of multiple data sources. Item level assortment analysis, assortment decisions, and needs analysis for priority sub-categories are required. Vendor optimization, SKU optimization, price ladders, private label/brand strategy, and development are also part of the role. Visiting stores to build category strategy and price ladders for priority sub-categories may be necessary. Proactive communication of strategies to leadership and cross-functional teams is expected.
Initiate, negotiate, and manage vendor agreements, costs, vendor allowances/terms, quality, and delivery terms to drive supplier performance. The role involves developing and maintaining vendor relationships and may include domestic and overseas vendors. All aspects of marketing for the category, including tab space planning based on historical analysis of results, item level planning, selection, placement forecasting, and execution for tabs and other media, are included. Accuracy proofing of final tabs or other media and developing exit strategies for tab inventory residue is also required.
This role is responsible for new item and promotional forecasts, identifying item deletes, managing and communicating markdowns/markups/price adjustments, and developing exit strategies. Preparing and leading all line reviews and delivering store-ready modulars and seasonal sets on time is necessary. Completing promotional planning activities, conducting modular walkthroughs with senior management from cross-functional areas, and creating store communication to ensure flawless execution at the store level are also part of the role. Additionally, the role involves associate engagement, development, and ensuring that associates have current development and succession plans in place. This includes providing coaching and direction to Category Team Analysts and/or Associate Merchants and/or Category Advisors, as well as mentoring other merchants as required.
The pay range for this position is $109,400.00 - $150,480.00. Pay will be determined based on relevant experience.
L'échelle salariale pour ce poste est de 109,400.00 à 150,480.00. La rémunération sera déterminée en fonction de l'expérience pertinente.
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Minimum Qualifications...Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.
Age - 16 or older
Preferred Qualifications...Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Primary Location...1940 Argentia Rd, Mississauga, ON L5N 1P9, Canada
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