
Assistant Vice President
6 hours ago
The Assistant Vice President (AVP) – Merchandising will be responsible for overseeing the overall merchandising strategy, product assortment, inventory management, and vendor relationships to ensure profitability and brand growth. This role requires a balance of strategic vision, market awareness, and strong leadership to deliver innovative and customer-focused merchandising solutions that align with the company's business goals.
Key Responsibilities
Strategic Planning & Execution
Develop and implement merchandising strategies to achieve sales, margin, and inventory objectives.
- Analyze market trends, competitor activities, and consumer insights to identify opportunities and risks.
- Collaborate with senior management to align merchandising initiatives with company-wide strategies.
Product & Assortment Management
Curate and manage product assortments that reflect market demand and brand positioning.
- Ensure proper product lifecycle management—from planning, sourcing, pricing, and promotions to end-of-life strategies.
- Oversee seasonal and promotional planning to drive sales and optimize inventory.
Vendor & Supplier Management
Build and maintain strong vendor and supplier relationships.
- Negotiate contracts, pricing, and terms to maximize profitability and secure favorable agreements.
- Ensure suppliers meet quality, delivery, and compliance standards.
Financial & Performance Management
Drive sales and margin targets by monitoring key performance indicators (KPIs).
- Develop and manage budgets, forecasts, and business plans for the merchandising division.
- Implement cost-control measures while ensuring product availability and variety.
Team Leadership & Development
Lead, mentor, and develop merchandising teams to achieve departmental goals.
- Foster a culture of innovation, collaboration, and accountability.
- Provide training, coaching, and succession planning for high-potential team members.
Education
Bachelor's degree in Business Administration, Marketing, Retail Management, or a related field.
- Master's degree (MBA) preferred.
Experience
Minimum of 10 years of experience in retail merchandising, with at least 5 years in a senior management capacity.
- Strong background in category management, product planning, sourcing, and supplier negotiations.
- Proven track record in driving sales growth, profitability, and market expansion.
Skills & Competencies
Strong analytical and strategic thinking skills.
- Excellent negotiation and vendor management abilities.
- Financial acumen with experience in P&L management.
- Strong leadership, communication, and team development skills.
- Ability to adapt to a fast-paced and dynamic retail environment.
- Proficiency in merchandising systems, retail analytics, and Microsoft Office Suite.
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