Buyer

Ollie's Bargain Outlet, Inc.; New York (NY); On-site; USD 80,000 - 140,000; Full time

Benefits offered by this job

Medical, Dental, Vision, RX coverage

401K with company match

20% Associate discount

Career growth & development

Job summary

Ollie’s Bargain Outlet, Inc. is seeking a Buyer to source, select, and procure products for retail stores. Strong vendor communication and deal-making are essential to meet margin expectations.

The role requires managing pricing, inventory, and a high volume of workload while collaborating with cross-functional teams. New hires can expect competitive pay and benefits. Travel to trade shows may be required, with emphasis on building lasting vendor relationships and delivering value-driven

Qualifications

• Bachelor's degree preferred.
• Higher education related to business management preferred.
• Minimum of 5 years of retail experience in buying.
• Ability to communicate effectively with all team members as well as guests.
• Ability to operate all equipment necessary to perform the job.

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 competitive pricing for merchandise.
• 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.

Education

Bachelor's degree preferred

Business management education preferred

Job description

Join our team and live the Ollie-tude! : (Ollie’s Core Values)

• BE A TEAM PLAYER- Associates are expected to be supportive and work together.
• BE CARING- How do I treat others with courtesy, dignity, and respect?
• BE VALUE OBSESSED- Live the “good stuff cheap” mindset.
• BE COMMITTED- Operate with grit, passion, tenacity, and action.
• BE GROWING- How do we get better every day?
• BE REAL- Associates should be honest, transparent, genuine, trustworthy, and sincere.

Competitive Benefits

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

Position Overview:

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

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 competitive pricing for merchandise.
• 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:

• Bachelors’ degree preferred.
• Higher education, including two and four year degrees related to business management preferred
• Minimum of 5 years of retail 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 judgment.
• 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

This pay represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. Pay ranges may be different in other locations. Actual associate pay will be based on work location, position, experience, skill level, qualifications, and other relevant factors. Associate will not be compensated below the minimum wage for the specific location where the individual has applied in accordance with city, county, and state requirements.

New Hire Starting Pay: $80,000 - $140,000

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.