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Job Summary
The role partners with the Merchants to ensure execution of omni product decisions and acts as an analytical and strategic resource in delivering against the product category strategy. This role will actively review categories, provide analytical support, and provide recommendations and ideas for sales and margin growth. This role will serve as the liaison with cross-functional support teams. As it relates to Merchandising, the role acts as the primary point of contact for the supplier, store, and all internal support communities and provides input based on knowledge of category. This role will assist with the onboarding of new suppliers/vendors/item set-up and ensuring the accuracy of cost and stocking information.
Key Responsibilities
•Drives the planning, preparations and execution of key business activities in partnership with the Merchant/Online Merchant; inclusive of developing & organizing product insights, performance metrics and presentations (i.e. Vendor Forum, Shark Tank, RVP Walks, Product Line Reviews).
•Proactively review and analyze store & online category performance and provide recommendations to improve product profitability & optimization.
•Creates and provides reporting based on data, metrics and analysis to make a recommendation as requested by the merchant to gain insights on product or category performance both in-store and online.
•Support Merchant in Product Line Reviews by compiling financial targets and partnering with internal teams in the successful execution of the line review.
•Provide reporting and recommendations on inventory by analyzing and identifying opportunities to drive the inventory health of the business.
•Supports the Merchant to prepare for vendor negotiations and partner in on-going support of the negotiation process.
•Develop and maintain a strong partnership and act as a point of contact for the merchants, vendors, stores, online business and all internal support communities.
•Collaborate with the internal teams on new item set-up and maintenance, assist with new vendor setup and maintenance.
•Maintain the integrity and accuracy of product data within Lowe's designated software systems to ensure all product costs, vendor agreements and stocking information is accurate.
•Conduct content reviews to ensure new assortments, planograms, item descriptions and product specifications are correct for both in-store and online; partnering with appropriate support teams to ensure protocols & standards are followed.
•Partner with cross-functional teams in resolving vendor or product concerns communicated by stakeholders (ex - online purchase orders, Executive Customer Support issues or in-store product concerns).
•Ensure promotional activity for category is accurate and aligns to agreed upon strategy and timelines.
•Maintains a working knowledge of all Lowe's policies and procedures as well as industry standards and compliance needs for assigned product areas.
Required Qualifications
•Bachelor's Degree in Business, Analytics or related field; or equivalent combination of education and relevant experience.
•1-2 Years Experience in retail or merchandising
Preferred Qualifications
•Experience in Microsoft Office (Word, Excel, Outlook & PowerPoint)
•Strong communication skills, both written and oral
•Ability to be organized and capability to multitask in a fast-paced environment
About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit
Lowes.com
.
Lowe's is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.
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