Summary
Support the Buyer and planning team to source and merchandise luxury product assortments, drive sales and margin goals, and manage purchase orders and vendor relationships. Work collaboratively across internal partners and stores to optimize local buying strategy, inventory, and product presentation. Attend market as required and participate in forecasting, reporting, and assortment selection to meet customer demand and brand standards.
Responsibilities
- Develop financial plans in partnership with Buyer and planner.
- Achieve planned sales and margin goals and drive merchandising activities.
- Support Buyer with monthly forecast recaps, buy recaps post market and ad hoc performance assessments.
- Plan and align buy strategy to optimize local store needs and manage purchase orders.
- Select and evaluate vendors to source products at competitive terms and recommend process improvements.
- Attend market as required to select collections and negotiate bids within budgets.
- Ensure timely delivery of merchandise and manage cancellations or negotiate discounts on late deliveries.
- Manage open to buy with Buyer and Planning to maximize opportunities and control inventory.
- Drive communication with store partners and ensure product knowledge sessions are available to store teams.
Requirements
- Minimum 2 years proven associate buying or planning experience, preferably in luxury retail.
- Ability to evaluate merchandise assortments and make strategic recommendations.
- Highly collaborative and hands on approach to managing a portfolio.
- Strong communication and presentation skills for regular performance reviews.
- Proven ability to handle negotiations and build strong internal and external relationships.
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