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Rudolph Morris
Division Merchandise Manager (DMM)
Summary
Dynamic and results-oriented Division Merchandise Manager (DMM) with over 10 years of experience in developing and implementing successful merchandising strategies. Proven ability to increase sales, grow market share, and optimize inventory levels. Expertise in merchandise planning, assortment planning, vendor management, and sales forecasting. A highly motivated and strategic leader with a strong track record of success in both large and small retail organizations.
Education
Bachelor’s degree in Business Administration or related field
March 2015
Skills
- Merchandise Planning
- Assortment Planning
- Inventory Management
- Sales Forecasting
- Pricing Strategy
- Vendor Management
Work Experience
Division Merchandise Manager (DMM)
- Negotiated favorable terms with suppliers, reducing procurement costs by 12%.
- Developed and maintained strong relationships with key vendors to ensure timely delivery and product quality.
- Utilized data analysis tools and insights to identify market trends and make informed business decisions.
- Managed crossfunctional teams to ensure alignment with marketing, operations, and logistics.
Division Merchandise Manager (DMM)
- Developed and implemented category strategies that increased sales by 20% and market share by 15%.
- Managed a team of 10+ buyers and merchandisers, providing guidance and support to achieve divisional goals.
- Led the development of new product lines that generated over $10 million in revenue.
- Optimized inventory levels, resulting in a 10% reduction in carrying costs.
Accomplishments
- Developed a datadriven inventory optimization model, reducing inventory shrinkage by 12%, resulting in annual savings of $1.5 million.
- Spearheaded a crossfunctional collaboration to improve product assortment, leading to a 7% increase in average basket size.
- Implemented a vendor management program, resulting in reduced costs and improved supplier relationships.
- Developed and implemented a training program for new DMMs, resulting in improved onboarding and performance.
- Utilized data analytics to identify emerging product trends, enabling the company to stay ahead of competition.
Awards
- DMM of the Year, recognized for exceptional performance in sales, inventory management, and team leadership.
- Top Sales Performace Award, consistently exceeding sales targets by 15% or more for three consecutive quarters.
- Innovation Award for developing a new merchandising strategy that increased foot traffic in key retail locations.
- Customer Satisfaction Excellence Award for maintaining consistently high customer satisfaction ratings.
Certificates
- Certified Merchandise Planner (CMP)
- Certified Professional in Supply Management (CPSM)
- Google Analytics Individual Qualification
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How To Write Resume For Division Merchandise Manager (DMM)
- Showcase your accomplishments using specific metrics and data whenever possible.
- Highlight your experience in developing and implementing successful merchandising strategies.
- Demonstrate your ability to lead and motivate a team.
- Emphasize your negotiation skills and ability to build strong relationships with vendors.
Essential Experience Highlights for a Strong Division Merchandise Manager (DMM) Resume
- Develop and execute category strategies to achieve divisional sales and market share goals.
- Manage a team of buyers and merchandisers, providing guidance and support to ensure team success.
- Lead the development of new product lines and manage existing product portfolios.
- Optimize inventory levels to reduce carrying costs and improve profitability.
- Negotiate favorable terms with suppliers to reduce procurement costs.
- Develop and maintain strong relationships with key vendors to ensure timely delivery and product quality.
- Utilize data analysis tools and insights to identify market trends and make informed business decisions.
- Manage cross-functional teams to ensure alignment with marketing, operations, and logistics.
Frequently Asked Questions (FAQ’s) For Division Merchandise Manager (DMM)
What are the key responsibilities of a Division Merchandise Manager (DMM)?
DMMs are responsible for developing and executing merchandising strategies, managing a team of buyers and merchandisers, leading the development of new product lines, optimizing inventory levels, negotiating favorable terms with suppliers, developing and maintaining strong relationships with key vendors, utilizing data analysis tools and insights to identify market trends and make informed business decisions, and managing cross-functional teams to ensure alignment with marketing, operations, and logistics.
What skills are required to be successful as a Division Merchandise Manager (DMM)?
DMMs should have a strong understanding of merchandising principles, as well as experience in sales forecasting, pricing strategy, vendor management, and inventory management. They should also be able to lead and motivate a team, negotiate effectively, and make sound business decisions based on data analysis.
What are the career prospects for Division Merchandise Managers (DMMs)?
DMMs can advance to senior management positions within retail organizations, such as Vice President of Merchandising or Chief Merchandising Officer. They may also choose to start their own businesses or work as consultants.
What is the average salary for a Division Merchandise Manager (DMM)?
According to Salary.com, the average salary for a DMM in the United States is $120,000. However, salaries can vary depending on experience, location, and company size.
What are the challenges facing Division Merchandise Managers (DMMs)?
DMMs face a number of challenges, including the need to stay up-to-date on the latest merchandising trends, managing a team of buyers and merchandisers, and making sound business decisions in a complex and competitive retail environment.
What are the rewards of being a Division Merchandise Manager (DMM)?
DMMs are rewarded with a competitive salary and benefits package, as well as the opportunity to make a significant impact on the success of a retail organization. They also have the opportunity to develop their leadership and management skills and to work with a team of talented and dedicated professionals.
Is there a high demand for Division Merchandise Managers (DMMs)?
Yes, there is a high demand for DMMs in the retail industry. As retail organizations continue to grow and evolve, they need qualified professionals to lead their merchandising efforts.
What is the job outlook for Division Merchandise Managers (DMMs)?
The job outlook for DMMs is positive. The retail industry is expected to continue to grow in the coming years, which will lead to increased demand for qualified professionals.