The Buyer is responsible for managing companywide strategies and tactics on new and discontinued items, category management and customer-specific sales initiatives. The Buyer is responsible for developing strategies and solutions to exceed company targets for sales and gross profit margin.
- Item sales analysis with purpose of making recommendations for promotions, new item introductions, and pricing.
- Analysis and maintenance of category assortments by account.
- Generates new item inventory needs and sales forecasts.
- Attends relevant industry trade shows and conferences to evaluate industry trends, identify and source new items.
- Evaluates items and programs based on quality, viability, sales history and profitability.
- Understands cross-merchandising mechanics and works collaboratively to fulfill category needs.
- Creates budgets and projections.
- Negotiates pricing, makes packaging/product recommendations and finalizes production samples with existing and new suppliers.
- Analyzes and develops pricing strategy to maximize profitability and sales.
- Coordinates with product development team on new item opportunities.
- Collaborates with buying and sales teams on promotional opportunities.
- Additional duties as assigned.
Requirements
- Bachelor’s Degree in Business or related field
- 2+ years of previous purchasing experience; or equivalent combination of education and experience
- Periodic travel either locally, nationally, and/or internationally may be required.
- High degree of proficiency MS Office Suite, Outlook & Internet applications.
- Strong analytical, prioritizing, interpersonal, problem-solving, presentation, budgeting, project management (from conception to completion), & planning skills.
- Strong verbal and written communication skills (including analysis, interpretation, & reasoning).
- Solid understanding and application of mathematical concepts.
- Ability to develop and maintain collaborative relationships with peers and colleagues across the organization, as well as, internal and external clients.
- Ability to work well autonomously and within a team in a fast-paced and deadline-oriented environment.
- Ability to work with and influence peers and senior management.
- Self-motivated with critical attention to detail, deadlines and reporting.
- Ability to work overtime as necessary.
PHYSICAL ASPECTS/WORK ENVIRONMENT:
- Regularly required to stand; walk; sit; and talk, hear and see.
- Regularly/Occasionally lift and/or move up to 10 pounds.
* Reasonable accommodations may be made to enable individuals to perform the essential functions.