Associate Buyer (Off Price)

Return to Merchandising

Growth 2024

• Developing and executing merchandising strategies for assigned departments that clearly demonstrate the ability to increase business while maximizing profitability and customer satisfaction.
• Identifying growth opportunities and risks in assortment, and developing contingency plans
• Ensuring performance against plan is achieved for assigned departments
• Partnering with merchandise planning to achieve sales, gross margin, turnover, in-stock and return rate; developing category strategies for continuous financial growth
• Negotiating with consideration of mutual profitability and growth
• Determining and managing drop-ship relationships
• Ensuring product presentation aligns with both vendors and their visions
• Executing promotional strategies in support of financial plan; ensuring company in-stock strategy and partnering with planning on item exit strategies
• Participating in all appropriate training programs; utilizes current and new merchandise systems and processes to improve departmental efficiency
• Conducting business unit meetings with planning, allocations/rebuy and advertising to ensure solid communication and teamwork

Skill & Educational Requirements:

 

• Bachelor’s degree preferably in Merchandising, Marketing or Business.
• Minimum of 2-3 years of retail buying experience in off price.
• Keen understanding of the dynamics of negotiating product and interpersonal knowledge of how to achieve department goals.
• Ability to work the marketplace to include; domestic travel to review product buys and competitive landscape.Thorough knowledge of specific categories, including market trends, item cost, competitive issues and logistical issues to help facilitate customer satisfaction.