Vice President of Merchandising and Inventory

Works with leadership to develop strategies and lead the execution of best practice tactics including department/category mix, vendor and program development, presentation, supply chain, pricing and margin management for stores and Ecommerce.

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Reports To

President and Chief Executive Officer

Supervises

Retail Product Merchant

Employment Type

Full-time

Remote Eligible

Experience Preferred

10+ years

Pay Grade

Manager Level

Benefits Eligible

Category

Merchandising

Business Type

Central Office

Skills

Action-Oriented and InitiativeApproachabilityBuilding Effective TeamsBusiness AcumenCompassionate and Direct LeadershipComposureConflict ManagementCustomer FocusDecision MakingDeveloping Direct ReportsEnsures AccountabilityHiring and StaffingListeningManaging DiversityMotivating OthersOptimizes Work ProcessPerseverancePlans and Aligns WorkProblem SolvingProject PlanningService Focused Leader

Job Details

  • Evaluate sales trends within the company, for competitors and with vendor data to continuously improve department, category and item mix.
  • Lead the development of merchandise plans by department, stores and for eComm.
  • Own the merchandise development plans – directly responsible for managing team execution and adherence to the critical deadlines.
  • Ability to apply trend forecast and influence product strategies during development process using both market information and brand filtering.
  • Manage/collaborate on product development strategies for in store and eComm products.
  • Collaborate with marketing and sales teams for optimum training and promotion performance.
  • Work with Category Managers and Buyers to develop effective vendor partnerships, participating directly in vendor strategies and meetings with key vendors.
  • Deliver weekly business reports and forecasting that offer fact-based summaries of previous performance and profitability that will facilitate decision-making.
  • Develop and optimize regional pricing plans.
  • Lead developing inventory strategies and plans. Track progress and initiate tactics to optimize.
  • Manage and develop slow moving product review and strategies including the product discontinuation process and discounted pricing.
  • Manage and develop the merchandising team; ensure performance, productivity and development using relevant metrics.
  • Oversee product category managers to develop annual sales, margin and inventory plans.
  • Develop and oversee competitor pricing strategies and trends including response execution and elasticity review M.
  • Lead supply chain departments in strategies that support company growth and reliability in store and ecommerce shipments.
  • Evaluate and analyze sales performance of all product categories.

Other Responsibilities

  • Develop organizational capacity through improved programs, policies, and systems.
  • Implement excellent process discipline and technology systems to produce efficiency.
  • Ensure plans align with company-wide goals and manage the reconciliation on a regular basis.
  • Other duties as requested by the President/COO.

And other duties, responsibilities and/or tasks as assigned.

Skills and Special Training

  • Strong financial background.
  • Effective business planning, project management, problem solving, negotiation skills, and financial analysis.
  • Excellent communication and strong collaboration skills.
  • Extreme attention to detail.
  • Proven leader who can influence and inspire team members.
  • Must be sharp, deadline focused, and highly motivated.

Experience and Education

  • 10+ years of Retail Merchandising role of increasing scope, complexity and leadership responsibility.
  • 5+ years in a leadership role of a 10+ location, $100m+ sales retail company.
  • Bachelor’s degree in business or related field.

Wilco’s comprehensive benefits package is designed to support the well-being of our employees, offering competitive health insurance, retirement plans, paid time off, and professional development opportunities, to ensure a balanced and rewarding work experience.

Medical
Dental
Vision
401K
Advancement Opportunities
Long-term Disability
Life/AD&D Insurance
Employee Discount
Holidays & PTO
Profit Sharing
Referral Bonus