The Buyer is responsible for category assortments and associated products. Including responsibly for cost margins pricing and payment terms. The Buyer handles various aspects including but not limited to promotion planning forecasting vendor relations online sales and new products additions that are added to their category assortment.
Responsibilities and Duties
Creates updates and manages robust product assortments
Meets sales and margin targets
New product additions and product development
Product management and product lifecycles
Manages and reviews category assortments
Negotiates prices and terms with Vendors and Wholesale Distributors
Cost negotiation and product margins
Product pricing strategy
Vendor relations
Competitive Analysis
Promotion planning forecasting and ordering
Collects and posts blackout dates from Vendors
Prepares for meetings and trade shows (creates reports reviews information etc.)
Tracks new releases competitive pricing and rebates
Tests and evaluate samples
Trade show and Vendor Facility Travel required
Opportunities for Growth
The natural trajectory for someone in the Buyer position within the Merchandising Department is the Senior Buyer position. As such positions become available the ideal candidate will have mastered all: (1) job responsibilities and duties and (2) the relationships of the Buyer position. The ideal candidate will have clearly demonstrated the ability to manage his/her own time and their portion of the business.
Other Duties Please note that this job description is not designed to cover or contain comprehensive listing of activities duties or responsibilities that are required of the employee for this job. Duties responsibilities and activities may change at any time with or without notice.
Skills and Qualifications
24 years of buying merchandising or category management experience (retail or wholesale environment preferred)
Strong negotiation skills with proven ability to achieve cost savings and margin growth
Analytical skills to interpret sales data forecasts and industry trends
Excellent organizational skills and attention to detail with ability to manage multiple priorities
Strong communication and relationship management skills with vendors and internal teams
Proficiency in Microsoft Office Suite (Excel Word Outlook PowerPoint)
Ability to travel for trade shows and vendor visits as required
Self-motivated proactive and results-driven with ability to work independently and as part of a team
Strong problem-solving and decision-making abilities under tight deadlines
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