Vacanciesspot | Government Jobs Opportunities in South Africa
Website Forever 21
Job Description:
The Senior Buyer will work to create the appropriate merchandise mix based on emerging market trends, along with meeting the assortment strategies established by management.
[the_ad id=”29344″]Job Responsibilities:
- Negotiate product quality, purchase quantity, landed cost, and delivery with vendors.
- Create and execute a merchandise assortment plan that supports the financial, merchandising, and marketing objectives set by senior management.
- Create a financially sound product strategy for creating an assortment that targets a wide consumer range.
- Partner with the Planning department to create Stock-Keeping Unit (SKU) plans that adhere to the company’s financial strategies in order to have an efficient assortment plan.
- Procure samples from vendors and in-house designers for style out reviews.
- Determine and maintain the Initial Mark-up per category ensuring that the assortments comply with mark-up and retail cost matrix goals established by Management.
- Coordinate with cross-functional partners such as Production, Design, and Trend &Print in order to make sure designs are adoptable, costs are measured, and concepts are clearly defined.
- Participate in weekly open-to-buy meetings with Planning & Allocation and provide technical feedback and analysis to ensure the department achieves financial targets for turn and sell-through goals.
Job Requirements:
- Must possess the ability to understand and act upon financial retail indicators such as sales, gross margin, inventory productivity, sell-through and turn.
- Proven track record of success as an Apparel or Non Apparel buyer.
- Must be able to effectively communicate with Management and subordinates
- A minimum of at least 5-7 years of buying experience in a specialty retail environment is required.
- Proficiency in Microsoft Word, Excel and PowerPoint required
- Must have a Bachelors Degree in Fashion Merchandising or a similarly related degree.
- Demonstrated history of strong leadership and management capabilities
Job Details:
Company: Forever 21
Vacancy Type: Full Time
Job Location: Los Angeles, CA, US
Application Deadline: N/A
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