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Trainee, Merchant Development Program
Saks Fifth Avenue
New York
Luxury Fashion, Luxury Menswear
Full time
Posted 2 weeks ago
Copied
Market: NY - New York
Industry Segment: Luxury Fashion, Luxury Menswear
Category: Merchandising
Seniority: Intern
Job Type: Full time

Marketplace Role

As a service to our candidates we present 1000’s of luxury industry roles as part of our Marketplace offering. For these jobs you will be forwarded to the brand to apply directly.

Job Description

What This Role Is All About:

The Merchant Development Program Trainee works within the Buying and Planning teams on a variety of tasks, processes, and communication. The Trainee partners with Buyers and Planners in managing a profitable business in a fast paced, deadline driven, detail oriented environment with the objective of increasing sales and earnings for the organization. The position requires frequent communication with other members of the Merchant team as well as with vendors, distribution centers, stores and customers. The Trainee partakes in the Merchant Development Program, which includes a curriculum that exposes participants to cross functional experiences and exposure in areas such as Digital and Finance.

We are hiring multiple trainees across the business! Categories include: Women’s European Designer, Women’s Contemporary, Men’s Shoes, Women’s Handbags & Soft Accessories, and Cosmetics and Fragrances.

Who You Are:

  • You have excellent computer skills including advanced knowledge of MS Word and Excel
  • Display a sense of urgency flexibility, and ability to multi-task
  • Willingness to learn
  • Detail oriented
  • Good organizational and clerical skills

You Also Have:

  • A Bachelor’s degree commensurate retail experience
  • 1-2 years related experience in a merchandise capacity is a plus
  • Strong written and oral communication skills
  • Must be fully vaccinated against Covid-19 and, if hired, present proof of vaccination prior to beginning employment

As the Merchant Development Program Trainee at Saks, You Will:

  • Assist with in-season management by actively monitoring automatic replenishment, buyer managed inventory and central stock
  • Assist the Buyers and Planners with setting financial targets and forecast overall department sales dollars, GM %, and inventory turns that fit the brand identity
  • Assist with go-to-market preparation (e.g., schedule and book appointments, assist with shopping list, partner with Assistant Planner on market prep: style selling, picture selling, class recap, print picture selling and reports)
  • Assist Buyers and Planners with financial performance management, inventory management, and merchandise distribution
  • Set up and manage buy sheet for brands not live on NuOrder
  • Partner with digital teams to analyze and review NOS details
  • Acts as a point of contact with vendors (e.g., order tracking)
  • Support the markdown and price change process by working with buyer and vendors to determine markdown strategy
  • Communicate pricing strategies to stores through store communication tools
  • Partner with Merchandise Operations Team to enter same day or priority Po’s, transfers, or RTV’s
  • Partner with Merchandise Operations Team and MA Lead to ensure processes/tasks are completed timely and accurately
  • Support ad hoc analysis
  • Additional responsibilities as required

Your Life and Career at Saks:

  • Exposure to rewarding career advancement opportunities
  • A culture that promotes a healthy, fulfilling work/life balance
  • Benefits package for all eligible full-time employees (including medical, vision and dental).
  • An amazing employee discount

Thank you for your interest with Saks. We look forward to reviewing your application.

Saks provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Saks complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Saks welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used.

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

About Saks Fifth Avenue

Saks Fifth Avenue first opened its doors in 1924, taking up a full city block on one of the world’s most prestigious shopping streets. Since then, Saks has changed the luxury retail game and become an icon of style and innovation—from world-famous window displays and impactful in-store art exhibitions to unforgettable, curated designer collections and a seamless online shopping experience.

The Saks team is at the cutting edge of high-end fashion, bringing the new luxury experience to customers far and wide. At the core of the Saks culture is a commitment to people—whether it’s surprising and delighting shoppers, supporting the growth of every team member or using the Saks platform to create change and champion causes.

Trainee, Merchant Development Program
Saks Fifth Avenue
New York
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Trainee, Merchant Development Program
Saks Fifth Avenue
New York

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