Associate Product Manager - Wovens
Overview:
Assist in the development of the line and the private brand/label style plans within the context of the sales/margin plans and business strategy.
Key Accountabilities:
Sales / Margin:
· Monitor and report merchandise performance by program and style in order to develop more profitable assortments.
· Assist in monitoring Style Adoption Rate vs. Plan
· Responsible for communicating, conducting, and selling to divisions.
· Assist in preparation of presentation materials for line previews and buy meetings to help ensure customer buys appropriate assortment.
· Communicate product strategies to the Divisional Buyers.
Merchandising:
· Responsible for tracking and monitoring line development activities by developing and following a seasonal time and action calendar for area of responsibility.
· Participates in editing and merchandising product line to fit into the program and style plans.
· Communicate all target costs and negotiate pricing with overseas offices and domestic vendors (for area of ownership).
· Responsible for presenting at best seller meetings and making recommendations.
Strategic Planning:
· Assist in communicating to the divisions and design the private brand/label merchandise and business strategy based on previous sales and unit projections.
· Assist in development of line plans down to classification and style level.
· Assist in developing line list based on style plan and input from selling, customers, and market.
· Participate in Call-out meetings - make financial specific recommendations for add/deletes to create better assortments for greater sell-thrus.
· Create monthly selling recaps to determine voids/opportunities for future deliveries.
Systems and Technology:
· Assist / manage master contract maintenance and creation.
Human Resources:
· Manage and develop Product Assistants, Trainees and Interns as determined through department hierarchy.
Detailed Accountabilities:
Sales / Margin: · Preside over mock assortment meetings assorting collection prior to buy meetings.
· Lead buy recap meeting; recap program and style placements and communicate to MPD/BD/PD any callouts assuring minimums are met.
· Compile and share information within organization on trends, pricing, positioning, materials and assortments.
· Monitor merchandise performance through the management of key item system.
Merchandising: · Assist in shopping retail markets to seek new merchandise ideas, competitor activity and pricing strategies.
· Assist in assigning suggested retail prices and strategic markup targets.
· Work with PM to plan, place, and manage the supplier base for department.
· Collaborate with overseas offices and PM to assist in selecting supplier, negotiating style and program costs, and placing orders.
Strategic Planning: · Participate in strategic meetings with recommended assortments (Key Resources, Design, Team Management).
Production / Logistics: · Finalize all order details, materials and production reservations with overseas offices.
· Coordinate with Logistics / Customs, overseas offices, and vendors to resolve shipping issues.
· Attend all fit sessions with Technical Design and Design Teams.
Marketing: · Identify with Marketing new packaging, label, and hangtag needs and assist/mange the follow up tracking of these requests.
Systems Technology: · Assist in managing data entry process to ensure time and action plan is followed and to verify the accuracy of the information in the systems.
· Maintain and update key item system.
Other: · Perform other duties as assigned.
Macy's is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.