Sr. Buying Manager – Cereal

Sr. Buying Manager – Cereal

  • Location BENTONVILLE, AR
  • Career Area Merchandising and Online Operations
  • Job Function Merchandising and Sourcing
  • Employment Type Full Time
  • Position Type Salary
  • Requisition 1220376BR

What you'll do at

An individual must be able to successfully perform the essential functions of this position with or without a reasonable accommodation.

Establishes and maintains supplier relationships by maintaining the supplier matrix; balancing a portfolio of local, domestics, and global suppliers; using and providing input on the supplier matrix to select and develop suppliers; managing the number of suppliers and stock keeping units (SKUs) required to meet customer needs; negotiating and providing guidance to other on negotiating supplier cost, quality, and delivery terms; leading meetings with suppliers and cross-functional peers; monitoring and providing accountability of supplier performance across complex categories; and working with suppliers to resolve issues.

Oversees and coordinates the execution and maintenance of inventory plans for highly complex or high-risk categories and subcategories by reviewing open-to-buy developments, updates, and recommendations; providing recommendations to guide merchandise flow and replenishment decisions at the store level; reviewing and approves markdown budgets and clearance plans; addressing discrepancies (for example, inventory flow, inventory management decisions, financial results) that deviate from established plans; reconciling differences of opinion related to sales and margin targets, markdown, or inventory strategy between key stakeholders; reviewing, approves, and monitors key seasonal business flow plans (for example, Christmas, back-to-school); partnering with Merchandise Operations to execute flow plans (for example, Christmas, back-to-school); and evaluating existing processes and opportunities.

Provides input in the development of budgets for highly complex or high-risk categories and subcategories by reviewing and determines necessary revisions to planner budgets; approving category and subcategory financial targets; reviewing annual, monthly, weekly, and daily financial projections against actual results; requesting and reviews analysis and reports from suppliers and cross-functional peers; addressing the root cause of deviations from projected plans; and reports business risks and opportunities to senior management.

Develops and manages new and existing product lines within highly complex or high-risk categories and subcategories by presenting and supports line review decisions; reviewing and approves modular item assortment and design determinations are aligned with category, department, and division strategies, financial targets, and presentation expectations; analyzing modular performance and incorporates data into future designs and plans; identifying and recommends the design and development of new products; setting base retail prices; and approving price tiers, quality cue, price leadership items.

Supports strategy and growth of highly complex categories by staying current on customer and competitive trends; developing and leads implementation of initiatives that align to and further the long-term strategy and growth plan; translating category theory and strategy into tactical and actionable business plans; tailoring category brands and assortments to meet diverse customer needs based on data; reviewing pre- and postmodular financial results; identifying opportunities where additional marketing support could enhance return on investment (ROI); developing strategies for in-store presentation; and communicating business needs to senior management.

Leads category matrix team in highly complex categories by aligning subcategory team workload with modular relay timelines and strategies; reviewing and approves purchase plans; ensuring timely execution of business plans at the store level; reviewing and analyzing inputs and reports from cross-functional team members; identifying merchandising issues; coordinating and leading team meetings to address merchandising issues and develop solutions; addressing unexpected or unusual circumstances (for example, product recall,

Minimum Qualifications

Bachelor's degree in Business, Finance, Merchandising, or related field and 4 years’ experience in merchandise procurement, manufacturing, sourcing, supply chain, or related field OR 6 years’ experience in merchandise procurement, sourcing, supply chain, or related field.

Preferred Qualifications

• Master’s degree in Business Administration (MBA).

• 4 years Profit and Loss (P&L) experience.

• 4 years’ experience negotiating (for example, cost, product quality, delivery terms) in a merchandising field.

• 4 years’ experience leading a cross-functional team.

• 2 year experience using intermediate Microsoft Office functionality (for example, Excel, Word, Outlook).

• 2 year of supervisory experience.

About Walmart

At Walmart, we help people save money so they can live better. This mission serves as the foundation for every decision we make, from responsible sourcing to sustainability—and everything in between. As a Walmart associate, you will play an integral role in shaping the future of retail, tech, merchandising, finance and hundreds of other industries—all while affecting the lives of millions of customers all over the world. Here, your work makes an impact every day. What are you waiting for?
Walmart Associate
"I focus on continual improvement. Results don’t just come, they happen from hard work and having great teams helping you along the way."
— Dontai, Order Specialist/Process Manager

Hello, NW Arkansas

With over 200 miles of trails, an emerging locally-sourced food scene, the world-renowned Crystal Bridges Museum—NWA has something for everyone.

Discover NW Arkansas
Northwest Arkansas
NWA Crystal Bridges Museum of American Art

All the benefits you need for you and your family

  • Multiple health plan options
  • Vision & dental plans for you & dependents
  • Associate discounts in-store and online
  • Financial benefits including 401(k), stock purchase plans and more
  • Education assistance for Associate and dependents

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