Merchandise Strategy & Sourcing Lead

Responsibilities

• Supervises buying and duties of merchandise clerks.
• Forecasts departmental sales and margin goals.
• Develops merchandise strategy for the department thus achieving sales and assortment goals margin standards at minimum inventory and markdown.
• Controls open-to-buy, stock level and deliveries to stay within plans thus increasing turnover.
• Negotiates with vendors for affordable costs, terms, and discounts.
• Visits warehouse and stock rooms to ensure product quality, proper replenishment and display of merchandise.
• Visits stores to check assortments of merchandise, display and old season merchandise.
• Consults with store managers and other sales personnel on problems and suggestions.
• Canvasses competitors regularly to evaluate their assortments, prices and merchandise presentation
• Continuously explores new trends and new suppliers.
• Prepares promotional plans, notes an...