Job Overview
The Buyer is responsible for category assortments and associated products. Including responsibility 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 product 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 evaluates 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.
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 growthAnalytical skills to interpret sales data, forecasts, and industry trendsExcellent organizational skills and attention to detail with ability to manage multiple prioritiesStrong communication and relationship management skills with vendors and internal teamsProficiency in Microsoft Office Suite (Excel, Word, Outlook, PowerPoint)Ability to travel for trade shows and vendor visits as requiredSelf-motivated, proactive, and results-driven with ability to work independently and as part of a teamStrong problem-solving and decision-making abilities under tight deadlines