Director - Merchandising Strategy (Pro)

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Job Summary

The primary purpose of the Director of Merchandising Strategy is to lead the strategic initiatives of highvalue business projects within the merchandising organization. The Director of Merchandising Strategy creates business simplification, improves process design, and integrates process across the function. The Director will work closely with the Merchandising Vice President and key business stakeholders and will be an advisor to the, MVP, Merchant Teams, Vendors and Support Teams and other relevant stakeholders during strategy development and execution. In this capacity, the Director will support and lead the evaluation and development of the long-term strategic plans and goals while monitoring performance consistently, identifying deficiencies, and actionable solutions for improvement. In this key leadership role, the Director will facilitate cross-function team collaboration across merchandising, vendors, supply chain, stores, finance and other key stakeholders. The director will support top business leadership in solving high priority operational issues, driving communication and development of suitable strategies and goals. 

Key Responsibilities

• Responsible for managing strategic initiatives relative to developing merchandising excellence including, but not limited, to the tracking and monitoring of progress against projects and strategic initiatives that fall under improving productivity, localization, reset process improvement and online experience.
• This role is responsible to help facilitate the category strategy and will work with finance to develop and create category level P&L statements, performance measurements, and metrics for scorecard across the merchandising enterprise
• This role will also provide the business’s executive leadership and stakeholders with key insights and feedback on various analyses in the form of the report and dashboard development to aid and facilitate informed decision-making and strategy formulation
• This role will perform thorough evaluations of business opportunities through analysis of potential new business, inclusive of competitive analysis, financial analysis, market analysis, performance analysis, technology platforms, and strategic fit
• Defines the business’s analytical and financial analytical frameworks to conduct analysis and resolve critical business issues
• Partners closely with HR Business Partners to enhance succession planning and develop talent.
• Develops and sustains partnerships with administration and finance to effectively plan for annual and cyclical business processes
• Maintains effective vendor management through key performance indicators and scorecard measurement
• Advances integration across all technological systems, especially strategic planning processes and road mapping. Reviews all processes (e.g. financial, pricing, promotions, data analytics) to determine synergies and paths for integration
• Acts as centralized contact to effectively root cause processes when moving in and out of function, disseminates effective messaging across the merchandising organization

Required Qualifications
• Bachelor's Degree in Business, Finance, Strategy, Retail or related field
• 10 Years Experience in business, including 4 years in retail or vendor environment. Additional equivalent work experience may be substituted for MBA degree
• 5 Years Experience in one of (or combination of) the following fields: Financial Management, eCommerce, Strategy, Merchandising, Project Management/Process Management, Store Operations, Vendor Business
• 3 Years Experience in leading cross functional teams, large projects or team development and influencing leadership
• 3 Years Experience managing operational or strategic project/programs inclusive of financial budgets and leading defined workstreams.
• 3 Years Experience working on projects/programs requiring integration of cross functional business solutions
• 3 Years Experience working directly or influencing officer or executive level leaders

Preferred Qualifications

• Master's Degree in Business Administration or related field

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.