The Division Merchandise Manager is responsible for driving category profitability, sales growth, and inventory productivity across assigned merchandise divisions. The role leads merchandise planning, assortment management, pricing and markdown strategies, vendor coordination, and inventory optimization to achieve sales and EBIT targets. This position analyzes market trends, customer demand, and product performance to ensure a competitive merchandise mix while minimizing aging inventory, stock losses, and markdown exposure.
Key Responsibilities
- Develop and execute merchandise plans, assortment strategies, and category initiatives to achieve division sales, gross margin, and EBIT targets.
- Analyze inventory performance, stock aging, sell-through rates, and product movement to implement markdowns, replenishment plans, and inventory disposition strategies.
- Conduct market research, competitor benchmarking, and product sourcing activities to identify new merchandise opportunities, improve assortment gaps, and maximize profitability.
- Monitor pricing, promotions, and category performance through sales and inventory analytics, providing recommendations to improve turnover, margins, and overall business results.
- Lead merchandise teams and coordinate with Store Operations, Supply Chain, and vendor partners to ensure effective product execution, inventory availability, and compliance with merchandising standards.
Job Requirements
- Bachelor's degree in Business Administration, Marketing, Retail Management, Merchandising, or a related field.
- Minimum of 3-5 years of managerial experience in merchandising, category management, buying, or retail operations within department stores, supermarkets, specialty retail, or consumer goods industries.
- Strong experience in merchandise planning, assortment management, inventory control, markdown optimization, demand forecasting, and category performance analysis.
- Proficient in retail analytics, inventory management systems, ERP platforms (e.g., SAP, Oracle, Microsoft Dynamics), and advanced Microsoft Excel for sales and inventory reporting.
- Demonstrated track record of achieving sales, margin, and inventory productivity targets, with strong understanding of retail market trends, supplier management, and category profitability drivers.