Buyer

March 18, 2021
0

The Retail Buyer will be responsible for the collection buy, extensive data analysis, financial and retail data modeling. This individual will also collaborate closely with finance in all merchandise budgeting, forecasting and planning activities. This individual will monitor key performance indicators, such as product performance (sell-thrus, turns and months of supply), sales, inventory and goals for all retail channels.

Responsibilities

  • Communicate and partner with Merchandising Director of the Americas on business strategies in order to create and achieve yearly sales plan .
  • Collaborate with Global Merchandising team to determine North American seasonal buying guidelines.
  • Oversee buying activities during the sales campaign based on analysis and allocation done during the year (selection, quantities, assortment by store).
  • Manage the Open-to-Buy seasonally .
  • Oversee weekly & monthly reporting results and analyze the business accordingly.
  • Provide end of season merchandising reporting and analysis to improve the following season’s offering based on the North American needs.
  • Supervise the analysis of selling trends, manage reorders and inter-store transfers .
  • Monitor/study detailed sales and stock for the specified categories.
  • Execute proactive consolidations to ensure profitability and satisfy market’s needs.
  • Analyze and oversee selling trends and react with reorders.
  • Communicate and provide direction to store management regarding product feedback and selling trends in order to ensure successful sales and inventory levels for each market.
  • Evaluate competitive market trends within the luxury environment.
  • Partner with Retail Performance Manager in order to align CRM activities, trainings and execute visual directives.
  • Partner with Visual Merchandising Senior Manager of the Americas to ensure successful collection launches and product priorities.
  • Manage inventory levels, merchandise flow and pricing for all North America outlet locations.
  • Communicate with logistics team and Inventory Control in North America warehouse on pricing and stock flow management.
  • Partner with North America Press team to ensure product alignment with local editorials .
  • Store Visits to North American markets several times each year to understand the clientele, needs of each store and provide necessary product training.
  • Travel to Corporate Office for selection and allocation of merchandise by store location, each season.
  • Manage, train and direct a growing team.
About the contributor
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Josette Romero
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