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.
- 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.
Specific Job Skills : To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education, Licenses, Certificates, Registrations and / or Experience :
Salary Range : The pay range of this position is $100,000 - $120,000. Actual salary will be determined based off candidate's skill sets, years of experience, and other job-related factors. This range does not include benefits such as health insurance, paid time off, 401K, and additional company benefits.
Salary : $100,000 - $120,000
