Buyer Off Price (hybrid) (new York Office)

New York, NY, US, United States

Job Description

In this fast-paced off-price environment, the Off-Price Buyer is expected to lead with agility and a sharp market instinct. Off-Price Buyers are responsible for the overall merchandising direction of a category or department(s) with the goal of meeting/ exceeding sales, margin and turn targets. Off-Price Buyers maintain a singular focus on the product, value, price, quality and the customer by incorporating competitive intelligence, customer insight, and business analysis. Ownership of the end-to-end process -- from assortment planning to in-season reaction -- and collaborate cross-functionally to ensure inventory flow aligns with business goals. Off-Price Buyers are responsible for the purchase and negotiation of merchandise as well as the open to buy process.



Essential Functions:



Develop and execute merchandise strategies and assortment plans, based on customer feedback and preferences, to deliver financial goals and business objectives while providing value, quality and on-brand merchandise for the outlet stores

Proactively identify emerging trends and leverage liquidity to test new ideas, driving sales and margin through strategic buys.

Analyzes business to the lowest level to identify opportunities in sales, inventory, and margin by store, department, and class

Frequent vendor meetings and market trips to support reacting to business trends in a timely and efficient manner

Creates all necessary analysis based on trends, events and other store related needs

Works with Planner and Allocator during the planning process:

in-season planning & revisions, assortment plans, store plans

Identifies opportunities to improve overall plan quality

Communicates effectively with all merchandising levels

Communicates effectively with stores and internal cross-functional partners

Builds and maintains strong relationships with vendor partners, while building a presence with new and existing vendors within the outlets and company

Reacts to feedback based on store and customer needs

Select merchandise; negotiate best costs and delivery of product

Manage all aspects of product placement, marketing and any pricing related tasks

Negotiate vendor allowances, returns, advertising co-op, and other terms as needed

Identify business opportunities and risks in-season through analyzing sales performance and gathering marketplace information; implement strategies to ensure plans are achieved

Build a high quality merchandising team by developing partnerships, leading, coaching and providing constructive feedback

Leverages open-to-buy process to manage business in-season and maximize opportunities

Travels to all necessary markets and store trips

Ability to articulate and provide thought process behind solutions and strategic plans

Identifying emerging trends and shopping competition and market regularly

Lead, develop and manage Merchandise Assistant

Requires designated hybrid in-office work schedule



Education:



Bachelor's Degree preferred



Work Experience:



7-9 years retail experience required

1-3 years retail buying required



Knowledge, Skills & Abilities:



Strong negotiation skills

Exceptional at relationship building and maintaining strong relationships internally and in the vendor community

Collaborative approach

Quick decision making

Deep understanding of customer behavior

Proficient in business-related computer software (Microsoft Windows, Word, Excel)

Excellent analytical and reasoning skills

Clear retail math skills

Maintains professionalism in work relationships and habits

Demonstrates strong listening, written and oral communication skills

Is multi-task oriented to meet deadlines.

Possesses strong merchandising, product and marketing skills



Pay Range

$90,000 - $155,000

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.



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Job Detail

  • Job Id
    JD6189518
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    90000.0 155000.0 USD
  • Employment Status
    Permanent
  • Job Location
    New York, NY, US, United States
  • Education
    Not mentioned