ASSOCIATE BUYER - SUNGLASSES - NEXCOM
Virginia Beach, VA 23450
About the Job
Job Summary:
Assists the Buyer s responsible for the development and execution of all merchandise stock assortments and promotional plans for assigned departments. Has limited Open-to-buy authority. Works closely with Buyer and Planner Distributor to plan and execute sales gross profit and stock turn plans. Duties and
Responsibilities:
- Works under the supervision of a Buyer who retains overall responsibility for managing merchandise categories/lines assigned. The Associate Buyer performs the following duties within limits established by the Buyer. Work is reviewed at key points within the buying/planning process to ensure work meets established objectives.
- Analyzes market trends and offerings to develop and execute merchandise stock assortments, business strategies and goals for assigned merchandise lines/departments.
- Negotiates with vendors within established limits to obtain most favorable prices and allowances to achieve sales and profit objectives for basic and advertised merchandise.
- Where required, works with vendors to ensure that all vendor's in store sales staff is trained, meets all NEX standards, and are scheduled all necessary and negotiated hours of staffing.
- Responsible for the development, execution and maintenance of the Master Stock Assortments (MSA) .
- Works with other codes to develop space allocation, adjacencies and planograms for store sets and renovations.
- Develops and executes advertising plan for assigned departments. Oversees order placement and tracking to ensure timely receipt of merchandise.
- Works with buyer to prepare information tools, training materials, and training seminars for store associates.
- Works closely with Planner/Distributor to plan sales, gross profit and stock turn both annually and seasonally.
- Works closely with Planner/Distributor to determine and execute automated methods of replenishment.
- May be assigned responsibility the supervision and development of a subordinate staff consisting of Assistant Buyers, Merchandisers, Pricing Specialists, as appropriate.
- Conducts store visits as appropriate to evaluate merchandise presentation, customer demographics, stock assortments and inventory levels. Works closely with store management to address and maximize business opportunities.
- Attends trade shows and markets as appropriate.
- Works with Planner/Distributor to determine optimal order size, inventory levels and allocations needed to achieve merchandising and financial goals.
- Analyzes financial performance using tools such as, but not limited to, Data Warehouse and Category Scorecard to ensure established goals are being met and takes appropriate corrective action when necessary.
- Prepares merchandise information manuals, monthly information bulletins and associate training seminars as appropriate.
- Maintain collaborative partnerships with vendors, and internal and external colleagues.
- Performs other related duties as assigned.
- Works under the close supervision of a Buyer. Operates independently within the authority delegated by the Buyer. Performance is evaluated on operational performance, skill evaluations, customer service, collaboration and teamwork, leadership, and established individual performance objectives.
- Exercises independent judgment and approval in routine and non-routine situations. Consults with supervisor on such issues as policy matters, deviations from normal procedures or unusual circumstances.
The incumbent of this position must file a Financial Disclosure Report (OGE) Form 450, as required.