What are the responsibilities and job description for the Sr. Buyer - Accessories position at Steve Madden?
General Summary: This position is responsible for selecting and purchasing merchandise and inventory control.
Major Responsibilities: include the following.
Major Responsibilities: include the following.
- Work with Merchandiser, DMM, and Line builder to execute assortments for individual stores as well as unique store groupings.
- Planning a balanced assortment by department, class, style, and color while maintaining the proper mix of inventory in each store.
- Allocate product based on store plans, profiles and merchandise assortments for new store openings.
- Analyze and react to individual store performance and the performance of store groupings to identify store sales trends to better flow merchandise to stores.
- Analyze selling by store and region on a seasonal basis, to effect allocations and recommend future purchases.
- Refill styles weekly by monitoring store sales, inventory and sell through by style, color and size.
- Manage product flow out of the distribution center on a daily basis as well as refilling store.
- Replenish stores based on selling information and initiating store-to-store transfers.
- Communicate with stores regarding merchandise flow, go forward styles and exit strategies.
- Maintenance of an open-to-buy and achievement of profitability goals.
- Shops retail, interacts with consumer, and forecasts market trends.
- Initiates purchase orders and amendments for services.
- Arranges for submission and inspection of sample products.
- Secures and analyzes quotations, negotiates prices and terms with suppliers, with respect to cost, quality and delivery competitiveness,
- Analyze and update reports (on-order, ATS, etc.) and implement recommendations.
- Attend trade shows.
- Special projects.
- Other duties may be assigned.
- Detail oriented
- Able to multi task
- Able to execute and implement schedules.
- Strong computer skills, excel etc.
- Excellent communication skills-written and oral.
- Willing to assist in all phases of accessory merchandising, buying, and product development.
- Ability to make group presentations, negotiate, coach, sell, and implement recommendations
- Independently examines complex information and/or situations, evaluates potential impact, options, and makes recommendations
- With little/no supervision or direction, anticipates and solves problems for self and others at all levels of the organization
- Ability to perform complex verbal and written communications face-to-face and in-group settings
- Job duties are widely diverse, and frequently require conceptualizing, planning, and implementing
- Must be organized, able to set priorities, and be a self-starter
- Bachelor’s degree or equivalent experience with 5 years allocation, or buying experience.
- Strong analytical, organizational and problem solving skills
- Must be proficient in Microsoft excel and all other Microsoft applications.
Salary : $100,000 - $120,000