Assistant Buyer - Retail

Assistant Buyer

Job description

We are looking for an experienced Assistant Buyer to join our team! As an Assistant Buyer, you will be responsible for managing the overall stores' product strategy and competitiveness. You are responsible for planning, managing, selecting, and purchasing goods and merchandise that are sold in our 264 stores and e-commerce. Always looking for new and review existing goods in store to ensure store's competitiveness.

Assistant Buyer duties and responsibilities

· Strong knowledge of and ability to apply retail math concepts, including elements of markup, margin planning, open to buy, and inventory productivity measures (WOS, T/O, GMROI)

· Liaising with existing suppliers and negotiate terms of agreements

· Sourcing and building relations with new suppliers

· Evaluating supplier options according to prices, quality, etc. and determine the best choices

· Monitoring market changes, competitor prices and products

· Analyzing past sales patterns to anticipate trends and ordering accordingly

· Managing a consistent supply chain and ensure the timely delivery of products

· Recommending clearance sales and promotions to help control stock levels

· Make suggestions for new product offerings based on consumer research

· Assisting visual merchandisers in planning store layouts to promote key lines

· Working with the advertising department to present sales promotions

· Provide samples for customers

Assistant Buyer requirements and qualifications

· 2 years of experience as a Retail Buyer or similar position

· Excellent knowledge of MS Office; superior proficiency in Excel required

· Fragrance and beauty experience a major plus

· Confidence combined with negotiating, influencing, and networking skills

· Familiarity with market research, data analysis and forecasting techniques

· Excellent analytical skills and the ability to make major decisions

· Critical thinker and problem-solving skills

· Ability to prioritize and multitask

· Outstanding communication abilities

· Customer-oriented approach

· Team player

· High school diploma; BSc/BA in business administration or relevant field will be considered a plus

Work conditions

Travel may be required to trade fairs and events. While the travel involved may mean working some evenings and weekends, buyers tend to work regular office hours, Monday to Friday.

Pay: $60,000.00 - $65,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Work Location: In person

Salary : $60,000 - $65,000