Associate Buyer

The PCA Group; New York (NY); On-site; USD 65,000 - 75,000; Full time

Job summary

A leading beauty company is seeking an Associate Buyer to assist in developing and executing buying plans. This role involves analyzing sales data, managing inventory, and collaborating with teams to optimize product assortments and ensure customer satisfaction, while striving towards business objectives.

Benefits

Phenomenal discounts on products within the beauty industry

Medical, Dental, and Vision benefits available after 60 days

401(k) available after 1 year of service with up to a 4% match

17 days PTO and Paid Holidays

Qualifications

• Minimum of 2-3 years of experience in buying, planning, or inventory management.
• Strong analytical and numerical skills with proficiency in relevant software.
• Understanding of buying principles and demand forecasting.

Responsibilities

• Analyze sales performance, inventory levels, and market trends to inform buying decisions.
• Assist in developing accurate demand forecasts based on historical data.
• Monitor and manage inventory levels to ensure optimal stock availability.

Skills

Analytical skills

Communication skills

Interpersonal skills

Organizational skills

Attention to detail

Proficiency in inventory management software

Education

Bachelor’s degree in Business, Merchandising, Finance, or a related field

Job description

Beauty Space is a leading curator of clean, sustainable, and cruelty-free beauty products, offering a premium assortment of skincare, makeup, and wellness essentials. Known for its presence in forward-thinking retail spaces like Bloomingdale’s, Beauty Space delivers elevated, conscious beauty experiences. Through its B2B digital platform, the brand also connects beauty professionals and brands, fostering global collaboration and innovation in the beauty industry.

Beauty Space is part of the PCA Group of Companies (PCA) — a privately-owned, global beauty holding company founded 36 years ago. Led by the founders and the next generation of the family, PCA employs ~1,500 people across five global locations. With a focus on omnichannel distribution and fulfillment, PCA operates through multiple subsidiaries with distinct leadership and business strategies.

Job Summary:

The Associate Buyer will be responsible for assisting in the development and execution of buying plans to optimize product assortments, inventory levels, and sales. You will analyze sales data, forecast demand, and collaborate with cross-functional teams to ensure that our product offerings meet customer needs and drive growth. Your role will be crucial in maintaining efficient purchasing operations and achieving business objectives.

Key Responsibilities:

• Sales Analysis: Analyze sales performance, inventory levels, and market trends to inform buying decisions. Identify opportunities and risks to optimize product assortments and inventory.
• Demand Forecasting: Assist in developing accurate demand forecasts based on historical data, market trends, and promotional activities. Adjust forecasts as needed to meet sales targets and minimize stockouts.
• Inventory Management: Monitor and manage inventory levels to ensure optimal stock availability. Collaborate with the supply chain team to coordinate replenishment and minimize excess inventory.
• Buying Planning: Support the development of buying plans that align with business goals and customer preferences. Ensure that buying plans are tailored to the unique needs of each sales channel.
• Vendor Relations: Communicate with vendors and suppliers to ensure timely delivery of products. Assist in negotiating terms, pricing, and order quantities to achieve cost savings and maximize profitability.
• Promotional Planning: Collaborate with the marketing team to plan and execute promotional activities. Analyze the impact of promotions on sales and inventory levels, and adjust buying plans accordingly.
• Reporting: Generate regular reports on sales performance, inventory levels, and key metrics. Provide insights and recommendations to the merchandising and sales teams.
• Cross-Functional Collaboration: Work closely with the merchandising, sales, marketing, and supply chain teams to ensure alignment and support for buying initiatives.
• Process Improvement: Identify opportunities to improve buying processes and systems. Implement best practices to enhance efficiency and effectiveness.

Qualifications:

• Experience: Minimum of 2-3 years of experience in buying, planning, or inventory management, preferably within the beauty, fashion, or retail industry.\
• Skills: Strong analytical and numerical skills. Proficiency in buying and inventory management software and tools. Excellent communication and interpersonal abilities.
• Knowledge: Understanding of buying principles, inventory management, and demand forecasting. Familiarity with beauty products and market trends.
• Attention to Detail: Keen attention to detail and the ability to manage multiple tasks simultaneously. Strong organizational and time management skills.
• Adaptability: Ability to thrive in a fast-paced and dynamic environment. Proactive and solution-oriented approach to challenges.
• Bachelor’s degree in business, Merchandising, Finance, or a related field.

What we offer:

• Phenomenal discounts on products within the beauty industry and beyond
• Medical, Dental, and Vision along with supplemental benefits available after 60 days
• 401 (k) available after 1 year of service with up to a 4% match
• 17 days PTO and Paid Holidays
• Salary is commensurate upon experience, $65,000 - $75,000 per hour

Equal Employment Opportunity Statement
We are an equal opportunity employer and do not discriminate in hiring or employment on the basis of race, color, creed, religion or belief, national or ethnic origin, citizenship status, marital or domestic partnership status, sexual orientation, sex, gender identity or expression, age, disability, military or veteran status, or any other characteristic protected by federal, state, or local law. The PCA Group of Companies recognizes and values the benefits of a diverse workforce.