Procurement Manager

WHSmith North America; Las Vegas (NV); On-site; USD 80,000 - 110,000; Full time

Job summary

WHSmith North America is seeking a Procurement Manager to procure, develop, and manage merchandise assortments that hit sales, margin, and turnover targets. You will partner with the DVP and Planner to craft category strategies and supplier terms.

Key duties include developing assortment strategies, managing Open-to-Buy with planners, negotiating terms with vendors, analyzing performance across divisions, and visiting stores to observe stocking, pricing, and market trends.

Qualifications

• 3+ years of merchandise buying or vendor management experience.
• Strong command of merchandising and retail math, including Open-to-Buy (OTB) management.
• Ability to adapt, multi-task and problem solve in a fast-paced and changing environment.
• Advanced computer skills, including Microsoft Office (Outlook, Word, Excel, PowerPoint) and experience with a merchandising software platform.

Responsibilities

• Develop and execute merchandise assortment strategies to meet or exceed the financial goals
• Product development as needed in accordance with the respective brands, departments, and concepts.
• Partner with Planner to manage and adhere to Open-to-Buy (OTB) budget.
• Work with vendors to resolve purchase order discrepancies and compliance issues.
• Analyze business at division, department, class, subclass, attribute, and store level.
• Create and maintain open lines of communication with Planner, Store Managers, Regional Managers and other co-workers.
• Negotiate with vendors to secure the best terms for maximum margin results, including supplier income, and best pricing as well as markdown and/or RTV agreements.
• Prepare for and participate in regular Merchandising meetings such as Weekly Performance Meetings, Month End Review / OTB meetings, Collaboration meetings, New Store Review meetings, etc.
• Develop seasonal trend presentations and participate in seasonal workshops to educate the field organization (applicable by merchandise category).
• Visit our stores (including visits on location as requested) to evaluate assortments, presentations, stock levels, marketing, customers, and obtain feedback from store personnel. Visit competitors to evaluate pricing, assortments, and market trends for possible opportunities.
• Carry out tasks related to new stores, including research into new markets (including visits on location as requested), participating in Planogram meetings, developing new assortments for new concepts or stores, etc.
• Work closely with Planner to manage allocation, reorder flow, and product lifecycle including promos, markdowns, transfers and RTVs.

Skills

Merchandising

Vendor management

OTB management

Merchandising math

Problem solving

Adaptability

Tools

Merchandising software

Microsoft Office

Job description

The Procurement Manager is responsible for procuring, developing, and managing effective merchandise assortments to achieve the sales, margin, and turnover targets for his/her respective buying areas. In partnership with their DVP and respective Planner, the Buyer will create the appropriate merchandise mix and develop category and supplier strategies. This is not a people leadership role.

Job Responsibilities

• Develop and execute merchandise assortment strategies to meet or exceed the financial goals
• Product development as needed in accordance with the respective brands, departments, and concepts.
• Partner with Planner to manage and adhere to Open-to-Buy (OTB) budget.
• Work with vendors to resolve purchase order discrepancies and compliance issues.
• Analyze business at division, department, class, subclass, attribute, and store level.
• Create and maintain open lines of communication with Planner, Store Managers, Regional Managers and other co-workers.
• Negotiate with vendors to secure the best terms for maximum margin results, including supplier income, and best pricing as well as markdown and/or RTV agreements.
• Prepare for and participate in regular Merchandising meetings such as Weekly Performance Meetings, Month End Review / OTB meetings, Collaboration meetings, New Store Review meetings, etc.
• Develop seasonal trend presentations and participate in seasonal workshops to educate the field organization (applicable by merchandise category).
• Visit our stores (including visits on location as requested) to evaluate assortments, presentations, stock levels, marketing, customers, and obtain feedback from store personnel. Visit competitors to evaluate pricing, assortments, and market trends for possible opportunities.
• Carry out tasks related to new stores, including research into new markets (including visits on location as requested), participating in Planogram meetings, developing new assortments for new concepts or stores, etc.
• Work closely with Planner to manage allocation, reorder flow, and product lifecycle including promos, markdowns, transfers and RTVs.

Qualifications:

• 3+ years of merchandise buying or vendor management experience.
• Strong command of merchandising and retail math, including Open-to-Buy (OTB) management.
• Ability to adapt, multi-task and problem solve in a fast-paced and changing environment.
• Advanced computer skills, including Microsoft Office (Outlook, Word, Excel, PowerPoint) and experience with a merchandising software platform.