Merchandising Execution Manager

Job Opportunity at CVS Health

At CVS Health, we are building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels, and more than 300,000 purpose-driven colleagues caring for people where, when, and how they choose in a way that is uniquely more connected, more convenient, and more compassionate. And we do it all with heart, each and every day.

Job Purpose and Summary :

Bring your heart to CVS Health Every one of us at CVS Health shares a single, clear purpose : Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand with heart at its center our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient, and affordable.

In this role, you will act as a top-level specialist on merchandising and provide expertise on the target demographic, product categories, promotions, and competitive landscape. You will advise the merchandising team on product displays and visual elements to potentially aid in customer retention. Additionally, you will lead the Hispanic Strategy team, ensuring localization and cultural relevance in all merchandising efforts.

The Merchandising Execution Manager is responsible for optimizing product merchandising outside of planogram space on the sales floor to maximize space utilization and drive sales. This role involves developing and implementing off-shelf merchandising strategies to enhance product visibility and encourage impulse purchases, thereby increasing basket size. The Merchandising Execution Manager collaborates closely with the merchandising team, category managers, and field team to ensure effective and visually appealing product displays that align with company guidelines. You will also measure on-shelf programs and influence teams such as layout, visual merchandising, operations, and category management to allocate space dedicated to serving the Hispanic customer across the entire chain.

To be best suited for this role, you will need to apply your advanced knowledge of pricing and promotion strategies to develop sales events, promotions, discounts, and special offers according to consumer demand. You will coach merchandising teams to ensure that product displays and visual elements highlight merchandise appropriately. As the Merchandising Execution Manager, you will consult with supply chain teams to minimize overstock situations, optimize inventory replenishment, and avoid stockouts. This colleague will also coordinate on the assortment planning strategy to determine the right mix of products, brands, styles, and price points to drive sales. You will create key performance indicators (KPIs) to assess product performance and enable data-driven decisions to optimize profitability and sales. In this role, you will both design and develop an industry-leading pricing strategy that balances consumer demands and profitability with market competitiveness. You will turn those insights into action by developing actionable insights from customer loyalty programs, website analytics, and customer surveys to inform the merchandising strategy.

Primary Job Duties & Responsibilities :

Strategic Planning 30%

• Establishing a clear, prioritized activity roadmap that successfully delivers the company's ambitions, including changes in products, policies and / or processes across our ecosystem with appropriate collaboration across multiple stakeholders
• Proficiency in working with data to develop measures and metrics that yield actionable insights to business owners, and lead / conduct / support first-level analyses to identify underlying drivers of new trends
• Ability to drive efficient and effective planning processes by implementing and upholding a strong project management discipline across boundaries
• Ability to influence at all levels up to and including cross-functional SVPs. Excellent written and oral communication skills-strong presentation skills required
• Assigns appropriate timelines and accountabilities for items, empowering the team to drive action steps to completion
• Leverages thought partners (Senior leaders, corporate partners, peers, team, etc.) as needed to create and revisit the strategy
• Navigates ambiguity and change to achieve goals despite potential obstacles
• Creates strategizes that continuously improve our programs and / or processes that drive service and productivity improvement
• Aligns the team to establish, update and maintain a clear set of actions including interdependencies needed to achieve overall goals
• Follows up on strategic initiatives and KPI performance
• Champions innovation by bringing ideas to own VP & SVP as well as the broader Merchandising Leadership Team in an agile way, while balancing growth against financial risk and incremental cost to the organization

Evolution and Maintenance of Processes / Procedures 25%

Stakeholder Influence and Change Management 30%

Develop and manage a standardized set of views that are used to internally monitor macro-level trends and key drivers of each

Culture Talent Development 15%

Essential Qualifications, Essential Functions & Preferred Qualifications :