What are the responsibilities and job description for the Junior Buying Analyst position at EMINENT, INC.?
Meet REVOLVE:
REVOLVE is the next-generation fashion retailer for Millennial and Generation Z consumers. As a trusted, premium lifestyle brand, and a go-to online source for discovery and inspiration, we deliver an engaging customer experience from a vast yet curated offering totaling over 45,000 apparel, footwear, accessories and beauty styles. Our dynamic platform connects a deeply engaged community of millions of consumers, thousands of global fashion influencers, and more than 500 emerging, established and owned brands. Through 20 years of continued investment in technology, data analytics, and innovative marketing and merchandising strategies, we have built a powerful platform and brand that we believe is connecting with the next generation of consumers and is redefining fashion retail for the 21st century. For more information please visit www.revolve.com.
At REVOLVE the most successful team members have the thirst and creativity to redefine fashion retail for the 21st century, making REVOLVE the leading online retail destination targeted towards Millennial and Generation Z consumers seeking premium fashion. With a team of 1,000 strong, we are a dynamic bunch that are motivated by getting the company to the next level. It’s our goal to hire high-energy, diverse, bright, creative, and flexible individuals who thrive in a fast-paced work environment.
Some of the sweetest perks we offer aren’t in a typical benefit package like hefty discount on items we carry – as in 50% or more off retail prices, free weekly lunches, and pretty rad company parties.
To take a behind the scenes look at the REVOLVE “corporate” lifestyle check out our Instagram @REVOLVEcareers or #lifeatrevolve.
Are you ready to set the standard for Premium apparel?
Main purpose of the Junior Buying Analyst role:
The Junior Buying Analyst drives sales plans through a consistent focus on studying the business,monitoring inventory and sales performance, and providing analysis necessary to bring in new products to fit the needs of the customer. Track sales performance of existing products and assist in the determination of next steps; this includes developing in-season forecasts and future merchandise plans for given segments of the business. Ensure that the merchandise financial targets are met including tracking and managing the buy plan and inventory. This position leverages historical sales data to identify trends and future opportunities to ultimately impact the topline sales numbers. The ideal candidate for the Junior Buying Analyst position will support the Buying Analyst team by facilitating reporting needs and ad hoc requests. They will be a collaborative team player who is able to multitask in a fast pace environment. They will learn and develop a strong understanding of the business in order to hone their analytical skills.
Major Responsibilities:
Essential Duties and Responsibilities include the following. Other duties may be assigned.
• Analyze historical data and current trends to identify risks and opportunities; compare sales data of the planned segments to company targets and provide action plans to reconcile deviations
• Monitor the sales and inventory to identify opportunities for reorders, RA’s, markdowns, margin dollars, and collaborate with Buying Team to manage reconciliation on an ongoing basis
• Impact and optimize merchandise assortment plan through segmentation, brand, category, and trend analysis
• Facilitate vendor negotiations by equipping the Buying Team with all necessary data, projection models, and analysis
• Ensure that we are buying into proper breadth, depth, and sizing opportunities
Required Competencies:
To perform the job successfully, an individual should demonstrate the following competencies:
• Strong aptitude with numbers and clear understanding of retail math
• Strong organizational skills - ability to manage multiple projects, prioritize, and meet deadlines
• Excels in team environments and in building / developing strong interpersonal relationships, while maintaining an individual determination to accomplish goals
• Ability to demonstrate logical thinking and problem-solving skills, multi-tasking, time
management, self-motivation, persistence, and takes full ownership of their success
• Intermediate knowledge and understanding of Microsoft Excel and Office Suite
Minimum Qualifications:
• Up to 1-2 years of quantitative analytical experience with a proven track record of achieving successful results from data-mining large databases
• Bachelor’s Degree required
Preferred Qualifications:
• E-commerce apparel experience
• SQL experience a plus
• Interest and knowledge in contemporary, aspiring-luxury, and luxury fashion
A successful candidate works well in a dynamic environment with minimal supervision. At REVOLVE we all roll up our sleeves to pitch-in and do whatever it takes to get the job done. Each day is a little different, it’s what keeps us on our toes and excited to come to work every day.
For individuals assigned and/or hired to work in California, Revolve includes a reasonable estimate of the salary or hourly rate range for this role. This takes into account the wide range of factors that are considered in making compensation decisions; including but not limited to business or organizational needs, skill sets, experience and training, licensure, and certifications.
A reasonable estimate of the current base salary range is $68K - 72K a year.
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Salary : $68,000 - $72,000