Buyer

MGM Resorts International; Las Vegas (NV); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Wellness incentive programs

Health & Income Protection benefits

Discounts on hotel, food & retail; and

Free meals in employee dining room

Free parking on and off shift

Job summary

MGM Resorts International — Bellagio, Las Vegas, seeks a seasoned Buyer to shape high-volume and specialty assortments across properties. You will negotiate exclusive products, manage inventory, and influence cross-functional teams to meet financial and brand objectives.

The ideal candidate has at least three years in retail buying, with strong data analysis and vendor relationship skills, and a preference for a Bachelor's degree.

Qualifications

• Three years of prior relevant experience in retail buying.
• Bachelor's degree preferred.
• Experience in retail buying process, purchasing and category management (preferred).

Responsibilities

• Oversees all aspects of the buying process for a medium/high volume product category in support of the Retail and property strategic plans
• Responsible for buying specialty categories
• Creates a compelling assortment that will meet financial targets and support core property brand objectives
• Analyzes historic data, trends, product assortment, and competition to develop the strategy
• Analyzes current practices to identify business opportunities and in-season risks
• Negotiates exclusive offerings, terms, pricing, vendor funded markdowns, return-to-vendor agreements, and drop-ship programs
• Develops and maintains effective working relationships with members of cross-functional teams and is able to influence them to achieve results
• Maintains knowledge base of potential new vendors and product concepts
• Develops target customer profile for properties through market data, competitive shopping analysis, and business trends

Skills

Retail buying

Category management

Vendor partnerships

Data analysis

Education

Bachelor's degree (preferred)

Job description

Buyer### BuyerApply: Office - Bellagio: Full time: Posted Today: 280788Las Vegas, Nevada**The SHOW comes alive at MGM Resorts International**Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.**THE JOB:**As a Buyer, you will play a key role in shaping unique retail experiences across our world-class properties. You’ll develop and execute innovative buying strategies for high-volume and specialty categories to drive sales, profitability, and brand success. You'll leverage data, market trends, competitive insights, and customer behavior to build compelling assortments that resonate with our guests while achieving financial objectives. This role offers the opportunity to negotiate exclusive products and vendor partnerships, manage inventory and merchandising strategies, identify growth opportunities, and influence cross-functional teams to deliver exceptional results.**THE DAY-TO-DAY:*** Oversees all aspects of the buying process for a medium/high volume product category in support of the Retail and property strategic plans* Responsible for buying specialty categories* Creates a compelling assortment that will meet financial targets and support core property brand objectives* Analyzes historic data, trends, product assortment, and competition to develop the strategy* Analyzes current practices to identify business opportunities and in-season risks* Participates in the merchandising budgetary process for properties which includes inventory, sales, receipts, markdowns, turn, gross margin percent and weeks of supply* Evaluates current state of business to manage inventory in season, including driving markdowns and exit strategy in collaboration with corporate and property retail leadership* Negotiates exclusive offerings, terms, pricing, vendor funded markdowns, return-to-vendor agreements, and drop-ship programs* Develops and maintains effective working relationships with members of cross-functional teams and is able to influence them to achieve results* Maintains knowledge base of potential new vendors and product concepts* Develops target customer profile for properties through market data, competitive shopping analysis, and business trends* Understands target customer profile for all properties through market data, competitive shopping analysis, and business trends* Understands and reacts to changing market trends to ensure competitive advantage* Supports and mentors' diversity vendors by communicating the vendor diversity certification process and vendor compliance to support MGM Resorts International’s Corporate Social Responsibility initiatives* Leads, mentors, and trains junior team members; makes performance recommendations as appropriate**THE IDEAL CANDIDATE:*** Must be at least 18 years of age* Must have at least three (3) years of prior relevant experience in retail buying or an equivalent field* Bachelor's degree (preferred)* Prior retail buying process, purchasing and category management experience (preferred)**THE PERKS & BENEFITS:*** Wellness incentive programs to help you stay healthy physically and mentally.* Health & Income Protection benefits (for eligible employees).* Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more.* Free meals in our employee dining room.* Free parking on and off shift.* Healthcare, financial, and time off benefits.* Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community.**VIEW JOB DESCRIPTION:**https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=19409Are you ready to **JOIN THE SHOW**? Apply today!