Overview
Job Description
Job Title: Buyer
Company: SBH
Proposed Job Title: Buyer
Date Evaluated: 11/2018
Grade:
Code: Positions Reporting to this job:
None
Department: Merchandising
Reports to (Title): Director Merchandising
Essential Function
This paragraph is designed to identify the essential functions of the job. The summary will require only a few sentences and should answer the question: why does this position exist?
Responsible for the day to day management and development of business processes to maximize sales and gross margin objectives, while managing inventory objectives for specific brands. Develops strategic objectives to ensure long-term sustained growth.
Primary Duties
Provide clear, concise statements using action verbs to describe what is done, with or for whom the action is taken and the purpose or outcome to be achieved. Responsibilities should be listed in order of percentage of time spent performing the actual duty.
- 40%: Develops the assortment strategy for the assigned category. Works collaboratively with vendor and brand partners to maximize first to market approach of on trend products, promotional and pricing strategy for the assigned category placement.
- 30%: Actively partners with pricing and promotional team to ensure optimal performance against sales and margin. Works collaboratively with the marketing and operations team to ensure a customer first approach to the product strategy. Works collaboratively with the planning and allocation team to ensure ideal inventory levels. Develops and facilitates presentations to all levels of leadership.
- 15%: Analyzes and draws conclusions from multiple resources so as to provide a concise, logical merchandising focus. Identifies and promotes new products and trends in a timely manner to maximize sales potential. Identifies and devises profitable exit strategies, including vendor participation, of slow selling items, discontinued items, package changes and poor promotional sell through.
- 10%: Creates and owns strong vendor partnerships. Negotiates with vendors to reduce costs, increase margin, special terms, discounts, allowances and payment dating in all appropriate opportunities.
- 5% : Develops category expertise through competitive analysis and attends vendor meetings and tradeshow presentations to identify sales opportunities through new products, trends and competitive strategies.
Knowledge, Skills and Abilities
Indicate the minimum qualifications required to perform the job: work experience (including type of work and number of years required); education (including desired degree and field of study); specify certificate or license requirements.
- Bachelors degree and/or equivalent experience
- 3-5 years category management experience in related field. Consumer goods and services preferred
- Proven track record of growing categories or leading category growth
- Beauty experience a plus
- JDA a plus
Competencies / Attributes
Indicate relative qualitative or other important aspects that would enhance the ability to perform the job. i.e. detail oriented, customer focused, team player, etc.
- Strong analytical and organizational skills combined with high creative potential.
- Ability to multi task with accuracy.
- Leadership qualities and work ethics that dictate the standards for the department.
- Ability to communicate with and influence all levels of staff.
- Strong negotiation skills.
Nature and Extent of Direct or Indirect Controls Exercised by the Supervisor
Task Level High
Departmental/Division Level High
x Project Level High
Consultative Level High
The amount of discretion or freedom this position has
Strict Adherence to Guidelines
x Interprets and Adapts Guidelines
Develops and Implements Guidelines
Working Conditions /Physical Requirements
Indicate the normal working environment i.e. office, store, warehouse, etc. as well as any physical requirements required to perform the job duties (lifting requirement, dexterity, etc).
- The work environment involves everyday risks or discomforts which require normal safety precautions typical of such places as offices, meeting and training rooms, retail stores, and residences or commercial vehicles, e.g., use of safe work practices with office equipment, avoidance of trips and falls, observance of fire regulations and traffic signals, etc. The work area is adequately lighted, heated, and ventilated.
- The work is sedentary. Typically, the employee may sit comfortably to do the work. However, there may be some walking; standing; bending; carrying of light items such as papers, files, books, small parts; using a keyboard, driving an automobile, etc. No special physical demands are required to perform the work.