Merchandising Manager Job Description Template
The Merchandising Manager is responsible for planning and executing all aspects of the company's merchandising strategy. This includes developing and managing relationships with vendors, negotiating contracts, overseeing product development and inventory management, and working closely with other departments to ensure that the company's merchandise meets customer needs. The Merchandising Manager must have strong analytical and communication skills, as well as experience in retail or wholesale operations.
Merchandising Manager Job Responsibilities
- Responsible for developing and executing the merchandise strategy for the company in order to achieve sales, profit and inventory turn goals.
- Oversees all aspects of product development, from initial concept through final delivery to stores.
- Partners with crossfunctional teams (such as buying, planning, marketing, store operations) to develop seasonal merchandise plans that are aligned with the company's overall business strategy.
- Conducts regular analysis of sales data and trends in order to make recommendations on assortment, pricing, promotions and markdowns.
- Develops strategies to increase customer traffic and conversion through effective merchandising techniques.
- Oversees visual merchandising standards and ensures they are consistently met across all channels (stores, website, catalog).
- Manages a team of buyers and planners in order to execute the merchandise strategy while staying within budget constraints
Objectives
- To develop and implement strategies to increase sales and profitability of the merchandise department.
- To create and maintain effective merchandising plans that are in line with the company's overall strategy.
- To liaise with suppliers to ensure timely delivery of merchandise and negotiate favorable terms.
- To oversee the management of inventory levels, stock turn rates and stock obsolescence.
- To monitor trends in the market place and adjust merchandise mix accordingly.
- To provide leadership and guidance to team members within the department.
Merchandising Manager Job Skills & Qualifications Needed
- The skills and qualifications needed for the role of Merchandising Manager vary depending on the company and the specific position. However, some common requirements may include a bachelor's degree in business administration or a related field, as well as experience in retail management and merchandising. Additionally, strong communication, organizational, and leadership skills are essential for this position.