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Sr. Buyer

Brick Executive Search

Chicago (IL)

On-site

USD 80,000 - 95,000

Full time

3 days ago
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Job summary

A retail powerhouse is on the hunt for a highly skilled Senior Buyer/Merchant to join their team in Chicago. In this role, you will leverage your extensive buying experience to drive sales and optimize product assortments. If you're passionate about fashion and business strategy, this role offers an exciting opportunity to make a significant impact in a fast-growing company focused on women's apparel and accessories.

Benefits

Medical insurance
Vision insurance
401(k)
Paid paternity leave
Paid maternity leave
Disability insurance

Qualifications

  • 4-6 years of buying experience in product development.
  • Ability to synthesize data into merchandising strategies.
  • Proven track record of merchandising multi-category product lines.

Responsibilities

  • Build and execute detailed annual plans supporting business strategy.
  • Develop and execute strategy for assortment and allocation.
  • Compile and present financial analysis including sell-through and margins.

Skills

Exceptional work ethic
Outstanding organizational skills
Ability to multitask
Collaboration

Education

Bachelor’s Degree in Business, Fashion Merchandising, or similar

Tools

Microsoft Excel

Job description

Direct message the job poster from Brick Executive Search

About the Company - BRICK EXECUTIVE SEARCH has partnered with the fastest growing women's apparel, footwear, and accessories retailer in the country. Experiencing store for store comparable growth in the high double digits, opening new stores quarterly, expanding nationally - and becoming a wholesale sensation - this company is seeking the best and brightest merchants/product developers.

About the Role - Our client is seeking a SENIOR BUYER/MERCHANT

Responsibilities -

  • Build and execute detailed annual plans (sales, margin, turn, and inventory composition) that support the company’s business strategy
  • Seasonal planning of open-to-buy budget in accordance with company sales plan. Reconcile receipts to OTB plan
  • Develop, plan, and execute strategy for assortment and allocation
  • Coach and mentor Assistant Buyers to maximize sales, margins, and turns
  • Leverage merchandising team's skills at recognizing new fashion trends, items, looks, etc., early in their life cycles; maximize these opportunities
  • Understand and develop buying strategy for branded and private label
  • Identify opportunities to increase sales, improve margins, optimize inventories, and decrease markdowns
  • Compile and present financial analysis including category sell-through, margins, and key product performance; recap and analyze business results versus plan
  • Develop intimate understanding of the customer. Leverage customer knowledge for product development, category, assortment, and allocation optimization
  • Ensure financial goals and timelines are met
  • Communicate necessary actions to maximize profit/reduce risk

Qualifications -

  • Minimum 4-6 years of buying experience and product development
  • Bachelor’s Degree in Business, Fashion Merchandising, or something similar
  • Proven track record of merchandising multi-category, large SKU product lines
  • Proven ability to synthesize sales data, customer insights, competitive and market trends, and market data into merchandising strategies
  • Existing relationships with current or potential market brands and/or private label resources
  • Ability to recognize and understand the magnitude of an opportunity and respond quickly
  • Strong technical aptitude, including advanced competency in Microsoft Excel, and the ability to quickly master new applications and systems
  • Demonstrated ability to grow revenue and improve profitability

Required Skills - The Ideal Candidate Has/Is:

  • Exceptional work ethic and motivation to meet strict deadlines
  • Outstanding organizational skills, with keen attention to detail and diligent task follow-through
  • Ability to multitask and prioritize in a fast-paced, dynamic environment
  • Highly collaborative, responsive team player
  • Ability to prioritize efficiently in response to changing needs and situations
Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Purchasing, Product Management, and Business Development
  • Industries
    Retail Apparel and Fashion

Referrals increase your chances of interviewing at Brick Executive Search by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Paid paternity leave

Paid maternity leave

Disability insurance

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