drjobs Associate Buyer New Replenishment

Associate Buyer New Replenishment

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1 Vacancy
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Job Location drjobs

Los Angeles, CA - USA

Hourly Salary drjobs

$ 26 - 30

Vacancy

1 Vacancy

Job Description

Job Details

Experienced
LA Office Los Angeles CA
Full Time
4 Year Degree
$26.00 $30.00 Hourly
Day

Description

Join the LuCrew as an Associate Buyerdrive trendright assortments grow vendor partnerships and help shape the future of fashion at Lulus!

Lulus Vision

At Lulus our team is committed to offering the best possible service to our customers throughout the world. Our fun and casual work environment focus on innovation and teamwork at all levels of the organization. We are always on the lookout for talented and dedicated people to join the Lulus team as we continue to build our community!

Our Commitment

Lulus is proud to be an equalopportunity employer and strives to create an organizational climate that fosters diversity equity inclusion and belonging so that all of our team members can show up as their authentic selves and thrive. We are committed to increasing the representation of marginalized people across our team through hiring practices that value lived experience and unique perspectives. Our work environment embraces creative expression collaboration and connection without the expectation of assimilation.

The Associate Buyer is responsible for assisting the Buyer and/or Sr. Buyer in developing the assortment direction and delivering product that is trendrelevant and has a strong pricevalue for their assigned categories keeping a pulse on latest trends influencers aspirational and competitive landscape for their categories maintaining strong relationships with vendor community and identifying sales and consumer insight trends to increase revenue profit and marketshare. They are expected to represent Lulus and its mission statement with integrity. The Associate Buyer is responsible for developing the assortment architecture strategy and reordering products that will hit revenue targets optimize conversion and maximize fullprice sellthru while minimizing inventory risk for their assigned categories. The Associate Buyer should be energetic organized and determined!

This hybrid position is based out of our Los Angeles Office with inoffice days on Tuesday Wednesday and Thursday.

What Youll Do

  • Analyze and forecast product performance and inventory levels to make informed decisions on what and how much to buy back into utilizing historical data and trends.
  • Curate Assortment that aligns to Lulus consumer profiles is trendrelevant and delivers a strong pricevalue.
  • Build and maintain strong relationships with key crossfunctional partners (Development Planning Merchandising Production and Marketing)
  • Present to the team and upper management the buystrategy and opportunities within respective departments
  • Partner with Planner to manage P&L and achieve KPI targets and budgets
  • Ensure product line accurately represents the target customer
  • Manage buys to ensure product life cycle is fully realized with correct quantity at the right time and be able to exit out with minimal markdown quantities
  • Build and maintain strong relationships with vendors; negotiating quality quantity and delivery
  • Communicate regularly with other departments regarding the stock level and merchandise needs
  • Track markdowns for aged merchandise
  • Analyze and track best and worstselling styles colors and materials
  • Maintain Buy Sheets/plans to match On Order
  • Attend all internal business and creative meetings with the knowledge to speak on respective categories
  • Assortment planning and sales analysis
  • Forecast buy and allocate as needed based on prior sales and product performance
  • Interpret sales data from previous years and current trends to create proposals based on the sales data and preferred styles
  • Review standards and vendor agreements before making a vendor recommendation to the buying team
  • Attend all internal business and creative meetings with the knowledge to speak on respective categories
  • Attend vendor meetings as needed
  • Attend fittings for respective categories and maintain any notes
  • of promotions as needed
  • Other duties as assigned

What Youll Need

  • Bachelors degree or equivalent relevant experience
  • 2 years of retail buying experience
  • Thorough knowledge of trends and fashion
  • Keen understanding of the Lulus Girl
  • Ability to make creative buying decisions to meet customer demand
  • Excellent communication: written oral and group facilitation
  • Strong retail math skills
  • Professional positive attitude
  • Sense of urgency highly detailed and experience in meeting deadlines
  • Must be able to work independently
  • Strong Excel skills including formulas such as sumifs vlookups etc. and pivot tables
  • Ability to apply logical thinking and sound judgment to a wide range of practical problems

What Youll Love About Us

  • A great company culture where you can be your true authentic self
  • Medical* Dental and Vision benefits
  • Additional voluntary benefits (Life & AD&D Insurance ShortTerm Disability FSA etc.
  • Prepare for the future 401(k) with company matching
  • Employee Stock Purchase Plan (ESPP)
  • Restricted Stock Units for applicable roles
  • Bonus Plan for applicable roles
  • 30 employee discount!
  • Recognition of employee birthdays
  • Genuine worklife balance
  • Generous Paid Vacation & Paid Sick Time
  • Paid Company Holidays
  • Paid Parental Leave

Were ready to meet you! Come help us achieve our ambitious goals!

At Lulus we believe our people are our greatest asset and we seek to structure competitive compensation offers to ensure that we can attract and retain the best talent. Our job postings include an annual base salary range for the role. The stated base salary range represents our good faith estimate as to what candidates are likely to expect and we tailor our offers within the range based on several factors including the selected candidates educational and professional experience industry knowledge location technical and communication skills and other factors that may prove relevant during the selection process. Base salary is a part of a total compensation package which depending on the position may also include an annual bonus and other benefit programs.


Required Experience:

Senior IC

Employment Type

Full-Time

Company Industry

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