Buyer

Ollie's Bargain Outlet, Inc.; Harrisburg (Dauphin County); On-site; USD 75,000 - 105,000; Full time

Benefits offered by this job

Medical, Dental, Vision, RX coverage

401K, Company match

20% Associate discount

Voluntary benefits

Job summary

Ollie’s Bargain Outlet, Inc. is seeking a Buyer to source and procure products for stores. You will work with vendors to secure deals, set margins, and ensure products meet margin expectations.

The role requires a motivated, entrepreneurial attitude and strong communication. This position involves attending trade shows, analyzing sales data, and managing the department budget. Travel to trade shows is required.

Qualifications

• Bachelor's degree preferred in business or related field.
• Minimum of 5 years of experience in buying or demonstrated growth through an internal program.
• Strong written and verbal communication with internal teams and external vendors.

Responsibilities

• Initiate and direct all aspects of the buying process to secure best products at the best price.
• Work with vendors to develop desired products and build relationships.
• Attend trade shows to stay informed on new products and ideas and develop vendor relations.
• Research products and markets for competitive knowledge.
• Set retail and markdown pricing for merchandise.
• Develop allocation plans to support departmental goals and increase sales.
• Manage department financials related to buying.
• Negotiate prices, terms, and transportation for merchandise.
• Analyze sales, trends and market conditions to determine inventory needs.
• Handle a high volume of buying workload.

Skills

Vendor relations

Negotiation

Market research

Pricing strategy

Data analysis

Education

Bachelor's degree in business

Tools

MS Excel

Job description

Position Overview

The Buyer is responsible for sourcing, selecting and procuring functions directly associated with the purchasing of products to be sold in stores. This position is required to have effective communication with vendors and secure appropriate deals on merchandise that meets the company’s margin expectations. Must be highly motivated with a strong entrepreneurial attitude.

Primary Responsibilities

• Initiate and direct all aspects of the buying process to ensure purchase of the best products at the best price.
• Work closely with vendors to obtain and develop desired products and build relationships.
• Attend trade shows to keep informed of new products and ideas and develop vendor relations.
• Research products and markets for competitive knowledge.
• Set retail and mark down pricing for merchandise.
• Develop allocation plans which support the departmental goals to increase sales.
• Manage the department financials for which they buy.
• Determine which products should be featured in advertising.
• Negotiate prices, discount terms and transportation arrangements for merchandise.
• Analyze and monitor sales records, trends and economic conditions to determine sales and how much inventory is needed.
• Manage a high volume of buying workload.
• Complete any additional responsibilities and/or duties as assigned.

Qualifications

• Higher education, including two and four year degrees related to business management required (Bachelors’ degree preferred)
• Minimum of 5 years of experience in buying or demonstration of skills and learning through an internal development program and selection process.
• Ability to work effectively in a professional environment.
• Ability to exercise sound judgement.
• Ability to effectively communicate with all team members as well as guests.
• Ability to operate all equipment necessary to perform the job.
• Ability to complete assignments in the time allotted.

Physical Requirements

• Travel to trade shows including overnight travel is required.
• Physical ability to sit for extended periods and work at a computer.
• Ability to work in a constant state of alertness and safe manner.

Benefits

• Medical, Dental, Vision, and RX coverage after 30 days of employment.
• 401K, Company match begins at Associate enrollment
• 20% Associate discount on all Ollie’s purchases.
• Vast array of voluntary benefits

Ollie’s is an equal opportunity employer. In compliance with Federal and State Equal Opportunity Laws, qualified applicants are considered for all positions applied for without regard to race, color, religion, sex, sexual orientation and identity, national origin, age, veteran’s status, disability, or any other legally protected status.