Full-Time

Corporate Merchandising Analyst

Posted on 11/7/2024

Lowe's

Lowe's

10,001+ employees

Consulting
Consumer Goods

Entry, Junior

Huntersville, NC, USA

Category
Product Management
Product Analytics
Product
Required Skills
Inventory Management
Data Analysis
PowerPoint/Keynote/Slides
Requirements
  • 2 Years Experience in retail or merchandising
  • Strong communication skills, both written and oral
  • Ability to be organized and capability to multitask in a fast-paced environment
  • Experience in Microsoft Office (Word, Excel, Outlook & PowerPoint)
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.

Company Stage

IPO

Total Funding

$136.1M

Headquarters

Mooresville, North Carolina

Founded

1946

Simplify Jobs

Simplify's Take

What believers are saying

  • Lowe's plans to open four online fulfillment hubs, improving distribution efficiency.
  • The 'Season of Savings' event could drive significant customer traffic and sales.
  • Growing demand for home office products offers new market opportunities for Lowe's.

What critics are saying

  • Increased competition from Home Depot may impact Lowe's market share.
  • Rising logistics costs in Texas could affect Lowe's operational expenses.
  • Rapid tool rental expansion may lead to operational inefficiencies if not managed well.

What makes Lowe's unique

  • Lowe's is enhancing its e-commerce platform, boosting online sales by 135%.
  • The company is launching tool rental services nationwide, expanding customer offerings.
  • Lowe's is engaging in unique marketing, like sponsoring New York Fashion Week.

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