Product Merchandising Specialist Job at Balfour & Co, Aventura, FL

bXBOS1Qzc1ZLSUpSZXhDdCtmU1lZSWY4S2c9PQ==
  • Balfour & Co
  • Aventura, FL

Job Description

Product Merchandising Specialist

Location: Aventura, FL (Current Hybrid: In-Office required: Monday - Thursday, Remote on Friday)

Compensation: $59,000 with 5% bonus potential

About Balfour & Co.

Balfour & Co. is one of the world’s leading Collegiate and High School commencement services companies, offering innovative, personalized products like class jewelry, yearbooks, regalia, school uniforms and photography. With brands such as Balfour®, GradImages®, ArtCarved®, and more, we’ve been helping students celebrate life’s most meaningful moments since 1913.

Why Join Us?

This role offers a dynamic opportunity to contribute to our class jewelry marketing initiatives, collaborating with a passionate team to create memorable experiences for students and alumni.

Position Summary: You will play a crucial role in managing and coordinating the product categories within our organization. Your primary responsibility will be to oversee the development, procurement, and marketing of products within specific categories to ensure their success and profitability. You will work closely with cross-functional teams, including product managers, purchasing specialists, marketing specialists, sales representatives, and suppliers, to drive growth and meet business objectives. The Product Merchandising Specialist is responsible for market analysis, product assortment planning, inventory management, and ensuring the seamless execution of product launches and promotions.

Essential Position Functions:

  • Market Research and Analysis: Conduct market research and analysis to identify trends, customer preferences, and competitive landscape within assigned product categories.
  • Product Assortment Planning: Collaborate with product managers to curate and optimize product assortments based on market trends, customer demands, and business goals.
  • Vendor Management: Work with purchasing to establish and maintain strong relationships with vendors and suppliers, and manage product pricing, quality, and availability.
  • Inventory Management: Work with purchasing to monitor inventory levels, ensure timely replenishment, and implement effective inventory management strategies to minimize stock-outs and excess inventory.
  • Product Launches and Promotions: Coordinate and oversee the successful execution of product launches, promotions, and marketing campaigns, ensuring proper alignment with overall marketing strategies.
  • Sales and Performance Analysis: Track and analyze product sales performance, monitor key performance indicators (KPIs), and identify areas for improvement or growth opportunities.
  • Cross-functional Collaboration: Collaborate with various internal teams, including marketing, sales, operations, and finance, to ensure effective communication and alignment of strategies and goals.
  • Continuous Improvement: Stay updated with industry trends, new product innovations, and emerging technologies relevant to assigned product categories. Propose and implement process improvements to enhance operational efficiency and customer satisfaction.
  • Compliance and Quality Assurance: Ensure all products within the assigned categories comply with legal and regulatory standards. Monitor product quality and work closely with suppliers to address any quality issues promptly.
  • Adapt deliverables and deadlines with changing work priorities, market conditions, and business needs.

Education/Experience:

  • Bachelor's degree in fashion merchandising, product development or a related field. Relevant certifications or additional training in product management or category management are a plus.
  • Prior experience in product management, category management, or a related role within the retail or e-commerce industry is preferred.
  • Strong analytical and problem-solving skills with the ability to interpret data, identify trends, and make data-driven decisions.
  • Excellent verbal and written communication skills to effectively collaborate with internal teams, vendors, and stakeholders.
  • Strong organizational and multitasking abilities to manage multiple product categories, prioritize tasks, and meet deadlines.
  • Meticulous attention to detail to ensure accuracy in product assortment planning, vendor management, and promotional activities.
  • Ability to work collaboratively in a team environment, fostering positive relationships and contributing to a cohesive work environment.
  • Enthusiasm and a genuine interest in consumer products, market trends, and customer needs within assigned product categories.
  • English/Spanish preferred.

Job Tags

Monday to Friday,

Similar Jobs

Sanford Health

Athletic Trainer - Northern State University - Full Time Job at Sanford Health

 ...nearly 50,000 members of the Sanford Family who are dedicated to the work of health and healing across our broad footprint. Facility:...  ...benefits, and a generous time off package to maintain a healthy home-work balance. For more information about Total Rewards, visit .... 

Quick Hire Staffing

Event Security $15 to $25hr (Same Day Pay) Job at Quick Hire Staffing

 ...Quick Hire Staffing is currently seeking qualified individuals to join our team as Event Security personnel. As an Event Security member, you will be responsible for ensuring the safety and security of event attendees, staff, and property during various events and functions... 

Web International Services Ltd. (WIS)

UX/UI Designer (m/f) Job at Web International Services Ltd. (WIS)

 .... Our mission is to provide players with top-notch data and reliable information through our one-stop-shop portals to enrich their betting experience. Our people are the experts that make this happen, and we are committed to making their employee experience positive and... 

Pyramid Consulting, Inc

Senior LTSS Service Care Manager (RN) Job at Pyramid Consulting, Inc

 ...talented Senior LTSS Service Care Manager (RN). This is a 06+months...  ...contract opportunity with long-term potential and is located in...  ...completed in the home setting, travel to members home is necessary....  ...Key Skills: Private Duty Nursing, Home Health, School Nurse, Case... 

Ruan Transportation Management Systems

Regional CDL Truck Driver Job at Ruan Transportation Management Systems

About the Job Ruan is looking for Class A CDL drivers to be based in St. Joseph, MO, to haul batteries in dry vans for our dedicated, national customer. Regional store delivery drivers will deliver palletized batteries via an electric pallet jack and pick up return core...