Buyer - Outerwear & Swim
Saks - new york city, NY
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Salary Range $104,000 - $135,000* Job Description: Who We Are: Saks is a world-renowned luxury ecommerce destination. The company's unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world. On its website and app, Saks offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home dcor and more. In addition to the shopping experience, customers come to Saks for inspiring editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury internationally. What this position is all about: Buyers are responsible for the overall merchandising direction of a category or department(s) with the goal of meeting/ exceeding sales and margin targets. Buyers maintain a singular focus on the product and customer by incorporating competitive intelligence, customer insight, and business analysis. This role is responsible for the purchasing and negotiating of merchandise, they partner with Merchandise Planners to develop strategies to maximize business opportunities. Responsibilities Executes vendor selection and develops vendor partnerships. Monitors industry trends, evaluates competition, and attends major markets. Executes the merchandise strategy, including product selection and product and key item development. Manages the development of the vendor / store matrix, and assists in coordinating store input for the matrix. Approves departmental sales and average stock targets. Participates in the review of and approves departmental topside financial plans. Promotes and critiques replenishment assortment, financial plans and open to buy with Replenishment Analyst. Qualifications Prior experience at the Buyer level and overall 3-5 experience in buying office University or College degree or commensurate retail experience. Strong business and financial analysis skills; Proven ability to create and execute a sound business strategy. Strong retail math acumen, including elements of markup, margin planning, open to buy, inventory productivity measures (WOS, T/O, GMROI), Assortment Planning. Demonstrates managerial and leadership skills. Strong communication and negotiation skills; Ability to develop strong relationships across all levels of the organization. Ability to build / maintain strong Vendor partnerships. Willingness to travel, including overseas Must be fully vaccinated against COVID-19 and, if hired, present proof of vaccination prior to beginning employment Your Life and Career at Saks: Exposure to rewarding career advancement opportunities, from retail to supply chain, to digital or corporate. 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 is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. *The above expected salary range may have some variability based upon factors including, but not limited to, a candidate's overall experience, qualifications, and geographic location. If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.
Created: 2024-11-02