Megan Pelletier

Experience

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  Sears Holdings Corporation

  Oct 1998 - Jul 2010

  Senior Product Manager

  During the 12 years that I was at Sears, I managed many different product categories. In my last position as a senior merchandise buyer, I managed sales of $125M and profits of $80M. I was responsible for the building and implementation of financial and marketing plans, pricing, profit negotiations, assortment planning, merchandise procurement, and supply chain management. I worked with vendors directly to negotiate costs, forecast inventory needs, and ensure that financial goals including sales, margin, and turnover were achieved. I had extensive involvement with private brand designers, technical and spec designers, and sourcing, on the selection of products, fittings, sourcing, and costing of private label products. With national brand suppliers, I cultivated strong relationships and strategized exclusive programs, marketing campaigns, and strong financial partnerships. Understanding the competitive marketplace was extremely important and staying on top of relevant trends was imperative. I managed and trained a large team of associate buyers, planners, and supply chain experts as well as interim DMM. This position involved extensive domestic travel.• Grew total private label business from 24 to 40% through extensive market knowledge, careful attention to detail, and strong understanding of customer needs.• Negotiated costs, vendor margin support, and pricing, resulting in increased sales (up to 8%), improved gross margin (4-6%), and turnover (up to 5%). • Strategized with vendors on an exclusive program and marketing campaign which included the implementation of a shop concept in all 1200 Sears locations and resulted in additional sales of $25M. • Acknowledged as a standout leader, selected to participate in the Keller School of Management’s negotiation program, and subsequently entrusted with the responsibility of training fellow associates. • Organized and facilitated national business meetings bi-annually for 400+ field members. Show less

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  The Bon Ton Stores Inc.

  Jul 2010 - Jun 2012

  Senior Product Manager

  As a senior merchandise buyer, I managed businesses with sales budgets of $75M and a gross profit of $48M. In my role, l led the creation and implementation of comprehensive financial plans, encompassing the development of marketing plans, pricing structures, profit negotiations, assortment planning, procurement, inventory management, and team development. I worked closely with suppliers on product selection, monitoring in-season goals, and inventory requirements, and ensuring mutually beneficial partnerships. I managed and trained a sizable team of report directs including Associate Buyers, Assistant Buyers, Merchandising Assistants, Associate Planners, Planners, and Supply Chain. This position involved extensive domestic travel.• Conducted in-depth analysis of merchandise performance, resulting in a notable 4-8% year-over-year sales increase• Evaluated profitability metrics for in-season sales, and implemented changes that enhanced merchandise margins by 2-3% over the prior year• Collaborated extensively with the Private Label team on sourcing, designing, and developing private label programs which provided a 5-10% increase in margin goals Show less

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  Sears

  Feb 2016 - Apr 2017

  Financial Planner

  My role as a retail financial planner at Sears included developing and maintaining financial plans to achieve target goals, monitoring and analyzing sales performance, and ensuring optimal stock levels while minimizing overstock and obsolescence. My area of responsibility included both basic and seasonal classifications with sales of $225 Million and gross profit of $124 Million. I was responsible for providing vendors with sales forecasts, margin expectations, and inventory supply chain forecasts. I implemented replenishment strategies to ensure stores had adequate stock to meet customer demand while minimizing excess inventory. I trained new hires and mentored team members across the organization. Show less

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  Walgreens

  Apr 2017 - Jan 2024

  As a Senior Project Manager, I strategically managed programs accounting for over $10 Billion in sales in all 8700 Walgreens stores. To do this, I had to collaborate with cross-functional teams across the company to ensure that we were all aligned with the goals provided by executive leadership. In my role, I demonstrated strong leadership and exceptional analytical and problem-solving skills, identifying new opportunities to maximize results and improve efficiency to help achieve the company's goals. I have excellent skills in Microsoft Office including Excel, Project, Word, and PowerPoint.• Facilitated an initiative across all parts of the company to reduce product transitions that led to a total company labor hour savings of 131 hours accounting for over $100M• Built and implemented new company-wide tools that standardized program forecasting, and accounted for markdowns, inventory, sales, and gross profit outcomes• Designed and automated end-to-end system to build timelines accounting for all steps within the process and recap the program's overall success for execution and profitability Show less As a retail financial planner, I was responsible for building comprehensive financial plans that accounted for sales of $350M and gross profit of $238M. These plans were built based on historical data, market trends, and company business goals with an alignment from cross-functional partners. Seasonal businesses were planned factoring in sales and margin goals with an emphasis on inventory to de-risk end-of-season markdowns. In addition, I closely monitored daily promotional programs, digital programs, and pricing strategies to maximize profit. Show less

  • Senior Project Manager

    Mar 2020 - Jan 2024

  • Financial Planner

    Apr 2017 - Mar 2020
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  Signet Jewelers

  Apr 2024 - now

  IT Project Manager

  Led cross-functional teams comprising IT, merchants, distribution center, supply chain, and planning teams for key company projects focused on IT system enhancements, overseeing from inception through implementation. Developed comprehensive workstreams, resolved challenges, and demonstrated strong communication and exceptional organizational abilities. • Create a detailed work plan that identifies and sequences the activities needed to complete the project successfully.• Prepare meeting materials, outlines, presentations, reports, spreadsheets, and other project information.• Ensure that the project deliverables are on time, within budget, and at the required level of quality.• Document risk issues; maintain, track, and monitor risk issues and provide solutions to get on track.• Communicate and create weekly status reports for stakeholders.• Expertise in working with Smartsheets, Confluence, Java, Google Docs, and Microsoft systems. Show less