Job Details
Description
The Senior Buyer will determine the appropriate store inventory mix and allocate merchandise to stores in order to maximize sales. This individual will be responsible for achieving retail sales plan and attaining margin plan for assigned product categories.
Essential Duties & Responsibilities
- Serve as the “voice of the customer” for the brand by orchestrating tactics, execution and communication
- Allocate merchandise to stores and maintain merchandise allocations in stores in order to maximize sales volume.
- Work with Store Managers and Visual Managers to review product sales performance to determine appropriate merchandise mix.
- Maintain and report sales data on category product for evaluation purposes as required.
- Prepare presentations for review by the Buying, Product Development, and Executive teams.
- Manage Purchase Orders, track merchandise, and assist in monitoring inventory levels with the Category Planner.
- Respond to store personnel questions, comments, and concerns in a timely fashion.
- Work with Product Developers in establishing initial product pricing.
- Implement pricing changes as determined by the category Planner.
- Assist in new store opening tasks, including; determining initial assortment, travel to stores, tagging of merchandise, and other store opening duties as required.
- Partner with category Planners and Product Developers to determine best product mix, pricing, and promotions to maximize sales.
- Liaison to company personnel for correspondence regarding product, including product status, product issues, and payment to the vendor for product.
- Respond to warehouse concerns regarding products as required.
- Responsible for all projects and tasks as assigned by the direct supervisor.
- Other duties as determined by management to perform the necessary functions of the position on an as-needed basis.
Success Factors
- Weigh the impact of short-term gain against long-term implications to business when making decisions
- Flex between strategic and tactical thinking in pursuit of business objectives
- Quickly evaluate the economic viability of an idea and zero in on those that have the highest yield potential
- Able to identify which tasks to delegate and which tasks to own to yield most productive work of the total group
- Put aside personal, departmental preferences to support broader customer and brand objectives
- Drive total brand objectives by evaluating and anticipating customer preferences and market demand levels
Requirements
- 4+ Years Buying experience
- College Degree (2 or 4 Years) in Business, Finance, Merchandising, or Design
- Experience with Microsoft Office (Excel, Word, Outlook) and the ability to learn and retain new computer systems in a timely manner
- Ability to think strategically with strong decision-making skills
- Previous experience in a retail space