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Assistant Replenishment Buyer
$78k-100k (estimate)
Other 2 Weeks Ago
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Lulus Fashion Lounge Llc is Hiring an Assistant Replenishment Buyer Near Los Angeles, CA

Job Details

Level: Entry
Job Location: LA Office - Los Angeles, CA
Position Type: Full Time
Education Level: 4 Year Degree
Salary Range: $24.25 - $29.50 Hourly
Travel Percentage: Up to 25%
Job Shift: Day

Description

Join the LuCrew!

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 focuses 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 equal-opportunity employer and strives to create an organizational climate that fosters belonging, dignity, and justice 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.

Job Summary

The Assistant Replenishment Buyer is expected to represent Lulus and its mission statement with integrity. The Assistant Replenishment Buyer is responsible for assisting in the development of the preseason investment review planning and in-season product chase of reordering products that will hit revenue targets, optimize conversion, and maximize full-price sell-thru while minimizing inventory risk for their assigned categories. They are also expected to keep a pulse on the latest trends, influencers, and aspirational and competitive landscape for their categories, maintain strong relationships with the vendor community, and assist in identifying sales and consumer insight trends to increase revenue, profit, and market share. The Assistant Replenishment Buyer should be energetic, organized, and determined!

 We have two open roles: 

  • Assistant Replenishment Buyer, Dress
  • Assistant Replenishment Buyer, Separates

What You’ll Do

  • Maintain Buy Sheets/plans to match On Order

  • Perform accurate and efficient data entry tasks, ensuring timely and precise input of information into the designated systems or databases

  • Communicate regularly with other departments regarding the stock level and merchandise needs

  • Track markdowns for any aged merchandise

  • Assist in analyzing and tracking best and worst-selling styles, colors, and materials

  • Attend all internal business and creative meetings with the knowledge to speak on respective categories

  • Execution of promotions as needed

  • Build and maintain strong relationships with vendors

  • Negotiate quality, quantity, and delivery with vendors

  • Utilizing historical data and trends, the Assistant Buyer will help analyze and forecast product performance and inventory levels

  • Assist in the curation of an assortment that aligns with Lulus consumer profiles, is trend-relevant, and delivers a strong price-value

  • Build and maintain strong relationships with Key Cross Functional Partners (Development, Planning, Merchandising, Production, and Marketing)

  • Partner with Replenishment Buyer & Planner to achieve KPI targets and budgets

  • Assist Replenishment Buyer in identifying in-season product demand

  • Assist in managing 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

What You’ll Need

  • Bachelor’s degree required

  • At least 1 year of retail buying experience; core/basic buying within the fast fashion sector is a plus

  • Strong Excel skills, including formulas such as sumifs, vlookups, etc., and pivot tables

  • Thorough knowledge of trends and fashion

  • Keen understanding of the Lulus Girl

  • 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

  • Ability to apply logical thinking and sound judgment to a wide range of practical problems

What You’ll Love About Us

  • Great Company Culture - Where you can be your true authentic self!

  • Profit-Sharing Bonus Plan for applicable roles

  • Medical, Dental, and Vision benefits 

  • Voluntary Life & AD&D Insurance, Critical Illness, Short Term Disability

  • Prepare for the future - 401(k) Safe Harbor Plan - 4% company matching 

  • Employee Stock Purchase Plan (ESPP)

  • Restricted Stock Units for applicable roles

  • Wardrobe Perks - 30% employee discount!

  • Recognition of employee birthdays and work anniversaries!

  • Work that stays at work - Genuine work/life balance

  • Rest and Relaxation - Generous Paid Time Off, Paid Sick Time, Mental Health Days, and Paid Company Holidays

  • Paid Parental Leave

We’re 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 are able to 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 candidate's 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 part of a total compensation package, which, depending on the position, may also include an annual bonus and other benefit programs.

Qualifications


Job Summary

JOB TYPE

Other

SALARY

$78k-100k (estimate)

POST DATE

05/14/2024

EXPIRATION DATE

07/13/2024

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