Senior Buyer

GUESS?, Inc.; Los Angeles (CA); On-site; USD 100,000 - 110,000; Full time

Benefits offered by this job

Medical benefits

Dental and vision insurance

401k

PTO

On-site gym

Employee discounts

Job summary

A leading fashion retailer in California is seeking a dynamic Senior Buyer. The ideal candidate will manage purchasing strategies and collaborate with cross-functional teams to optimize product assortment and profitability. Responsibilities include analyzing sales trends, leading meetings, and developing direct reports. Candidates should have a Bachelor's Degree and 4-6 years of relevant experience. The estimated salary range is $100,000 to $110,000 with various employee benefits like medical, dental, and gym access.

Qualifications

• 4-6 years of experience in a buying or merchandising role.
• Ability to analyze trends and make data-driven decisions.
• Experience in developing and executing purchasing strategies.

Responsibilities

• Develop and execute strategies to exceed financial goals.
• Collaborate with cross-functional teams on product placement.
• Analyze financial performance and recommend adjustments to strategies.

Skills

Analytical skills

Creative skills

Passion for fashion

Education

Bachelor's Degree

Job description

The Guess?, Inc. Buying department is seeking a dynamic individual to join their team. The department curates assortments, handles purchasing and pricing, and manages inventory levels to maximize profitability. Buyers collaborate closely with all levels of leadership, offering exposure to true visionaries. Buyers must have the ability to balance analytical and creative skills with a deeply rooted passion and understanding of fashion and product trends.

POSITION PURPOSE

Ensure the development, execution and communication of a strategy that meets or exceeds financial goals. Support and direct the cross-functional teams of Buying, Planning, Production and Distribution. Responsible for the development of direct reports. The Senior Buyer is a DMM in training role, therefore the responsibilities are the same, but the scope of responsibility is less in volume and/or complexity.

ESSENTIAL FUNCTIONS

Analyze trends, historical data and channel input at department/classification level. Recommend seasonal strategies based on analysis. Review financial targets with Planning at the department, class or style level as appropriate. Communicate strategies to Merchandising at a department/classification level to aid in aligning merchandising and design strategies. Participate as needed to complete initial floor maps. Work with Visual and Design teams to determine product placement within the store by delivery and store group. Refine line edits post‑presentation by reassessing product assortment to insure it aligns with product strategies. Incorporate channel needs. Review product assortment with cross‑functional teams. Identify and recommend big ideas, key drivers and promotional strategies, and review to ensure they meet financial goals.

Ensure the financial success of area by meeting or exceeding financial targets including sales, GM, GMROI and turn goals. Review sales performance and marketplace information to identify and analyze sales trends and business opportunities. Approve sales forecast with planner, review receipt reconciliation for accuracy and approval. Analyze OTB and take action as necessary by reviewing sales and inventory against financial goals, and recommending changes to future order quantities, deliveries, pricing or markdown strategies. Recommend changes to future product assortments or strategies. Communicate with Design to add new products or make changes to future product, and review with Management for approval. Maintain expert knowledge of customer base by participating in store visits. Evaluate product execution and point of view, get customer and store associate feedback.

Communicate with merchandising on sales and strategy to ensure the efficient integration of merchandising and design strategies. Lead and participate in weekly cross‑functional meetings to share information on current business issues. Communicate with Field to get input on sales and fit to use in planning future seasons and to improve in‑season management. Communicate with Marketing regarding issues that will affect marketing, e.g. changes in the line and specific marketing tools needed. Communicate cross‑brand by sharing information on e.g., sales and trends with counterparts, using relevant information as input for future assortments and strategies, and providing input in cross‑divisional meetings.

Monitor development and performance of direct reports through regular meetings to discuss performance and development compared to goals, and maintain a dialogue regarding needs and concerns to aid in future development and increase retention. Manage cross‑functional team relationships on an on‑going basis by directing and focusing team objectives. Provide direction on strategy, vision, and meetings, to unify team towards a common goal. Act as a role model and provide leadership within the Merchandising Department by directing, focusing and inspiring team members to keep efforts on track. Serve as the representative of the Department as needed within the company. Participate as needed on special projects within the division, brand or company.

EDUCATION

Bachelor's Degree

YEARS OF EXPERIENCE

4‑6 Years

Salary Minimum

$100,000.00

Salary Maximum

$110,000.00

Base salary will be determined on various factors, including but not limited to, market data, internal equity, relevant background, and experience for the specified role. GUESS? Corporate employees are eligible for benefits such as medical, dental, vision, life, 401k, tuition reimbursement, PTO, on‑site gym, employee discounts and more!