Buyer

MGM Resorts; United States; On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Wellness incentives

Health & income protection benefits

Discounts on hotel, food & beverage, &

Free meals in employee dining room

Free parking

Healthcare, financial, and time-off

Professional and personal development

Job summary

MGM Resorts International in Las Vegas seeks a Buyer to shape retail experiences across its world-class properties. You will develop buying strategies for high-volume and specialty categories to drive sales, profitability, and brand success while negotiating exclusive products with vendors.

You will analyze historic data, trends, and competition to build compelling assortments, manage inventory and merchandising strategies, and influence cross-functional teams to deliver exceptional results that

Qualifications

• 3+ years of experience in retail buying or equivalent field.
• Experience with buying high-volume and specialty categories preferred.
• Ability to analyze data, trends and competition to inform strategy.

Responsibilities

• Oversee all aspects of the buying process for a medium/high volume product category.
• Negotiate exclusive offerings, terms and vendor partnerships.
• Develop compelling assortments to meet financial targets and brand objectives.
• Manage inventory, markdowns, and weeks of supply with cross-functional teams.
• Support diversity vendors and vendor certification processes.

Skills

Retail buying

Negotiation

Inventory management

Data analysis

Cross-functional collaboration

Education

Bachelor's degree

Job description

Las 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.