What are the responsibilities and job description for the Buyer position at HIRECLOUT?
Job Title: Buyer / Senior Buyer (Retail Merchandising)
Role Overview
We are partnering with a well-established retail organization with a multi-unit store footprint. Their merchandising team plays a critical role in shaping product assortments that drive sales, margin, and turnover across multiple categories.
As the Buyer, you will be responsible for procuring, developing, and managing effective merchandise assortments to achieve the sales, margin, and turnover targets for your buying areas. In partnership with divisional leadership and your Planner, you will create the appropriate merchandise mix and develop category and supplier strategies based on emerging market trends, seasonality, and customer demographics.
This is an on-site role, 5 days a week, with minimal travel (1 to 2 trade shows per year, under 5%).
Key Responsibilities
Role Overview
We are partnering with a well-established retail organization with a multi-unit store footprint. Their merchandising team plays a critical role in shaping product assortments that drive sales, margin, and turnover across multiple categories.
As the Buyer, you will be responsible for procuring, developing, and managing effective merchandise assortments to achieve the sales, margin, and turnover targets for your buying areas. In partnership with divisional leadership and your Planner, you will create the appropriate merchandise mix and develop category and supplier strategies based on emerging market trends, seasonality, and customer demographics.
This is an on-site role, 5 days a week, with minimal travel (1 to 2 trade shows per year, under 5%).
Key Responsibilities
- Develop and execute merchandise assortment strategies to meet or exceed financial goals
- Lead product development as needed in accordance with the respective brands and departments
- Partner with the Planner to manage and adhere to the Open-to-Buy (OTB) budget
- Work with vendors to resolve purchase order discrepancies and compliance issues
- Analyze business at division, department, class, subclass, attribute, and store level
- Create and maintain open lines of communication with the Planner, Store Managers, Regional Managers, and other co-workers
- Negotiate with vendors to secure the best terms for maximum margin results, including supplier income, best pricing, and markdown and/or RTV agreements
- Prepare for and participate in regular Merchandising meetings such as Weekly Performance Meetings, Month End Review / OTB meetings, Collaboration meetings, and New Store Review meetings
- Develop seasonal trend presentations and participate in seasonal workshops to educate the field organization (applicable by merchandise category)
- Visit stores (including visits on location as requested) to evaluate assortments, presentations, stock levels, marketing, and customers, and obtain feedback from store personnel
- Visit competitors to evaluate pricing, assortments, and market trends for possible opportunities
- Carry out tasks related to new stores, including research into new markets (including visits on location as requested), participating in Planogram meetings, and developing new assortments for new stores
- Work closely with the Planner to manage allocation, reorder flow, and product lifecycle including promos, markdowns, transfers, and RTVs
- 4 years of merchandise buying experience within a multi-unit retail organization
- Product development and assortment planning experience required
- Bachelor’s degree required
- Strong command of merchandising and retail math, including Open-to-Buy (OTB) management
- Ability to adapt, multi-task, and problem solve in a fast-paced and changing environment
- Advanced computer skills, including Microsoft Office (Outlook, Word, Excel, PowerPoint) and experience with a merchandising software platform
- Buyer base salary range: $85,000 to $105,000
- Senior Buyer base salary range: $110,000 to $125,000
- 8% annual bonus
- Medical coverage begins the first of the month following 60 days of employment
- 401(k) eligibility begins after 1 year of employment
- No relocation assistance provided
Salary : $75,000 - $130,000