Luxury Merchandising and Vendor Relations Associate

Hamilton Jewelers; Princeton (NJ); On-site; USD 45,000 - 65,000; Full time

Job summary

Hamilton Jewelers is seeking a Luxury Merchandising Associate to manage inventory metrics, prepare vendor sales plans, maintain supplier relationships, and execute strategic merchandising plans. You will partner with merchandising, marketing, and store teams to achieve goals and may work weekends during peak periods.

Responsibilities include placing orders, updating product content online, planning budgets, and developing direction for assigned categories.

Qualifications

• 1-3 years marketing, merchandising, or branding experience in fine jewelry and watches.
• College degree preferred.
• Experience in high-end jewelry or luxury environments.
• Education from the Gemological Institute of America (GIA) or other related degrees (e.g. AGS).
• Knowledge of inventory management metrics including sales plans and goals, GMROI, turn, and gross margin %.

Responsibilities

• Place and follow up on special orders with suppliers.
• Prepare Vendor Key Item reporting monthly.
• Enter purchase orders on ASC system with proper descriptions and costs and images.
• Review of all open orders.
• Price changes for assigned areas of responsibility.
• Update website products and content.
• Transfer recommendations for your areas of responsibility.
• Carry out all of the duties related to planning, purchasing, and developing merchandising strategies for assigned categories.
• Plan open to buys and budgets, for approval by supervisor.
• Work with supervisor to develop strategic and creative direction for assigned merchandise categories.
• Work with stores to ensure proper visual presentation of merchandise.
• Plan merchandise assortments for marketing – catalogue, print, and other media.
• Meet monthly with reporting to review purchase projections.
• Travel to domestic trade shows as required, research and develop new products and lines in line with merchandising strategy.
• Negotiate terms, delivery and cooperative advertising allowances.
• Develop and monitor core inventory programs for assigned departments.
• Provide analysis of vendor performance.
• Develop and financially validate assortments and buying plans for assigned departments.
• Analysis of Sales/ROI/GM/Turnover data and quarterly reviews by department/vendor.

Skills

Inventory management

Vendor relationships

Teamwork

Creative problem solving

Travel willingness

Flexibility

Microsoft Office

Education

Bachelor's degree preferred

GIA/AGS education

Tools

ASC system

Microsoft Excel

Microsoft Word

Job description

Hamilton Jewelers is seeking a Luxury Merchandising Associate to manage inventory metrics, prepare vendor sales plans, maintain supplier relationships, and execute strategic merchandising plans. You will partner with merchandising, marketing, and store teams to achieve goals and may work weekends during peak periods.

Responsibilities include placing orders, updating product content online, planning budgets, and developing direction for assigned categories.