Merchandising Manager - Frozen

Key Food Stores Co Operative, Inc.
Matawan, NJ Full Time
POSTED ON 2/23/2024 CLOSED ON 3/29/2024

Job Posting for Merchandising Manager - Frozen at Key Food Stores Co Operative, Inc.

Key Food Stores Co-Operative, Inc. Founded in Brooklyn in 1937, now headquartered in Northern Monmouth County NJ, Key Food Stores Co-Operative Inc. includes over 335 primarily member-owned and corporate grocery stores with $3.6 billion in annual retail sales. In addition to Key Food, these stores operate under various other banners including Food Universe, The Food Emporium, SuperFresh, Food Dynasty, and Gala Foods Supermarkets in all five boroughs, Long Island, upstate New York, New Jersey, Connecticut, Massachusetts, Pennsylvania, and Florida.

We are a company of passionate people that think big, think differently, avoid complacency, and do the right thing for our members and require the right person that shares these values.

Summary:
The Frozen Merchandising Manager is responsible for driving sales, generating promotional and advertising income, achieving FY department P&L, maintaining run rates, vendor aging and coordinating and working with Store Owners/Members and Vendors.

Job Description:

· Maintain Fiscal Year Budget Objectives including but not limited to sales, promotional income, and vendor participation in company events.

· Meet with vendors and sales representatives to negotiate the best overall sales program for the assigned categories.

· Create weekly Frozen Grocery promotions with competitive feature retails and accurate sales projections.

· Prepare information for bi-weekly committee meetings where weekly promotions, Front Page Ads, Competitive Ads, Ad actuals, new items and gross profits will be reviewed.

· Analyze market sales trends and data within Frozen Grocery categories.

· Maintain item assortment – coordinate and approve acceptance of new items, manage accurate item and cost files within SAP, and discontinue items when necessary.

· Manage and maintain vendor EDI billings and errors.

· Maintain target gross profit margins by category and achieve quarterly GPM objectives.

· Review category price checks to guarantee the “right price” on the shelf.

· Be available to store owners and members to hear their feedback and opinions of store level operations as well as resolve any issues and questions they have.

· Meet with vendors and sales reps to conduct business reviews, including positive and negative trends that have taken place FYTD.

· Perform contract renewals and negotiations as necessary.

· Assist the Director in any additional operations necessary for the department.

Qualifications:

o EDUCATION

· Bachelor’s degree in business, Finance or Marketing

o SKILLS & EXPERIENCE

· 5-7 years in manufacturing and/or retail industries. Familiarity in the supermarket industry is a plus. Sales experience is a plus.

· Ability to interpret data and transfer into selling opportunities.

· Excellent analytic, communication & presentation skills

· Excellent Power Point and Excel skills.

· Familiar with shelf management software and techniques.

· Previous experience with merchandising systems is a plus.

Note: The above information is meant to describe the major functions of the job and should be used as a guideline only. The job description is not all-inclusive and should not be taken to represent the full scope of the position. Key Food Stores Co-Operative Inc. reserves the exclusive right to add, delete or modify the position as needed.

Job Type: Full-time

Pay: $65,000.00 - $80,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Opportunities for advancement
  • Paid time off
  • Retirement plan

Payment frequency:

  • Paid biweekly

Schedule:

  • Day shift
  • Monday to Friday

Ability to Relocate:

  • Matawan, NJ 07747: Relocate before starting work (Required)

Work Location: In person

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Salary.com Estimation for Merchandising Manager - Frozen in Matawan, NJ
$177,385 to $225,364
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