Associate Buyer

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

Job summary

A leading company in the beauty industry is looking for an Associate Buyer to enhance product assortments and manage inventory levels. The role includes analyzing sales data, forecasting demand, and collaborating with teams for effective product offerings. This position offers a competitive salary and benefits in a thriving environment.

Benefits

Discounts on beauty products

Comprehensive medical, dental, and vision benefits

401(k) plan with up to 4% match

17 days PTO and paid holidays

Qualifications

• 2-3 years of experience in buying, planning, or inventory management.
• Proficient in buying and inventory management software.
• Strong understanding of buying principles and market trends.

Responsibilities

• Analyze sales performance and inventory levels for buying decisions.
• Assist in developing demand forecasts and inventory management.
• Support vendor relations and communicate timely product delivery.

Skills

Analytical skills

Communication

Organization

Education

Bachelor’s degree in Business, Merchandising, Finance

Tools

Buying and inventory management software

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 approximately 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 assist in developing and executing buying plans to optimize product assortments, inventory levels, and sales. The role involves analyzing sales data, forecasting demand, and collaborating with cross-functional teams to ensure product offerings meet customer needs and drive growth. The position is crucial for 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 aligned with business goals and customer preferences. Ensure buying plans are tailored to each sales channel.
• Vendor Relations: Communicate with vendors and suppliers to ensure timely product delivery. Assist in negotiating terms, pricing, and order quantities to maximize profitability.
• Promotional Planning: Collaborate with marketing to plan and execute promotional activities. Analyze promotional impacts on sales and inventory, adjusting buying plans accordingly.
• Reporting: Generate reports on sales performance, inventory, and key metrics. Provide insights and recommendations to merchandising and sales teams.
• Cross-Functional Collaboration: Work closely with merchandising, sales, marketing, and supply chain teams to support buying initiatives.
• Process Improvement: Identify opportunities to enhance buying processes and systems, implementing best practices for efficiency.

Qualifications:

• Minimum of 2-3 years of experience in buying, planning, or inventory management, preferably in beauty, fashion, or retail.
• Strong analytical skills, proficiency in buying and inventory management software, and excellent communication abilities.
• Understanding of buying principles, inventory management, and demand forecasting; familiarity with beauty products and market trends.
• Keen attention to detail, organizational skills, and ability to manage multiple tasks.
• Ability to thrive in a fast-paced environment with a proactive, solution-oriented approach.
• Bachelor’s degree in Business, Merchandising, Finance, or related field.

What we offer:

• Discounts on beauty products and more
• Medical, Dental, Vision, and supplemental benefits after 60 days
• 401(k) with up to 4% match after 1 year
• 17 days PTO and paid holidays
• Salary range: $65,000 - $75,000 per year, commensurate with experience

Equal Employment Opportunity Statement: We are an equal opportunity employer and value diversity. We do not discriminate based on race, color, religion, sex, age, disability, or other protected characteristics.