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Grocery Product Manager

Company: Lowes Foods
Location: Scranton
Posted on: August 6, 2022

Job Description:

Overview

The Grocery Product Manager will achieve sales, profit, and Guest satisfaction goals by acting as the product expert. Develops and Implements programs to position us to win in the marketplace.

Responsibilities

  • Ensures that products are organized into categories that reflect Guest buying habits.
  • Using internal scan movement, develops and executes a Merchandising Strategy for each category to achieve retail sales and gross margin profits, market share goals and specified positioning. Collaborates with vendor partners, retail operations, and warehouse (MDI, Lowes and WLF). Considers how implementation of the plan at retail effects the total yield of the category and/or organization (Alex Lee).
  • Determines the correct product assortment for our Guests in current and new markets. Works closely with our retail planning department to complete planograms and their successful implementation. Closely monitors the results of these resets to make sure we achieve the desired goals of the process.
  • Sets promotional plans for items and categories that increase sales to the Guest, satisfy vendor requirements and achieve the desired total net profits. Works closely with marketing, eCommerce, and advertising to develop ideas for promotion and advertising and ensure their correct implementation.
  • Stays abreast of changes in the marketplace in assigned categories (retail pricing, variety, etc.) by visiting our stores and the competition on a regular basis. Include regular visits to traditional competitors as well as non-traditional competition.
  • Monitors retail prices and strategy. Recommends any changes necessary.
  • Monitors results through internal data, and vendor reporting. The Manager should be able to interpret this data and make informed decisions about the category.
  • Achieve company budgeted sales, margin, mix, and shrink goals.
  • Works closely with members of the MDI/WLF buying staff to ensure we are achieving desired combined goals and service levels.
  • Communicates all plans and promotions clearly to necessary parties.

    Qualifications

    Candidate should possess the qualities associated with Alex Lee values. Bachelor's Degree (or equivalent experience) in business or related area. Retail store experience, preferably to at least the department manager or co-manager level. Candidate should be skilled in negotiation, analysis, planning and organizational skills. Computer proficiency in email, Excel, Word, Power BI, and other internal systems is necessary. Due to the need for influencing many areas of the Alex Lee organization, excellent interpersonal and communication skills are required, including conflict resolution.

Keywords: Lowes Foods, Columbia , Grocery Product Manager, Executive , Scranton, South Carolina

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