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Buyer I - Kay

Signet Jewelers
Texas, USA
Full-time
Junior · 2+ years experience
Onsite
Discovered 2 days ago

Full Job Posting

Responsibilities

  • Give input as requested to set Strategic Vision for Category
  • Understand cost structure of product
  • Develop, select, test, price and acquisition of quality merchandise consistent with consumer demand, and in keeping with strategic department goals and policies.
  • Up-to-date knowledge of jewelry market trends and competitive strategies.
  • Ability to adjust quickly, if needed, to changing market trends and conditions.
  • Develop new product concepts/brands for test market(s), with potential for expanded store rollout.
  • Coordinate efforts with the marketing, visual display and advertising departments to promote and market, key items, programs/brands and categories.
  • Merchandise catalogs/promotional items for designated product categories. Present and justify all catalog/promotional items to merchandise directors and vice presidents.
  • Analyze and React to Business on a weekly basis
  • Help Build Buy Plans for upcoming seasons
  • Participate in the development of financial plans and advertising/marketing plans for designated product categories.
  • Participate in management of open-to-buy for assigned product categories with CMT and update as needed.
  • Help plan and manage merchandising assortments for e-commerce/web sites.
  • Active participant in Lifecycle Management from idea inception through Clearance and end of life. Work with Inventory Analyst to ensure proper in-stock levels
  • Manage negotiations relating to the return of discontinued product(s) to appropriate supplier.
  • Assist in annual business review for all designated product categories to Vice Presidents of Merchandising and MP&I.
  • When applicable, work directly with Signet’s accounting department to ensure credits/aging are applied correctly.
  • Strategic handling of vendor base with ability to find and develop strong vendor partners.
  • Negotiate annual purchasing agreement contracts with vendors, including direct import, and anti-money laundering certification as needed.
  • Assist CMT with issues on vendor performance, including late orders and quality control issues.
  • Proofing of all advertising materials to ensure accuracy including catalogs, emails, web site, customer mailings, and in store signage.
  • Work in collaboration with VM team for in-store presentations
  • Work cross-functionally with stores Ops team, VM, DC team and Planning on store test, Rollouts, RTV’s
  • Oversee training and career development for Direct Reports / Team

Qualifications

  • · Bachelor’s Degree in Fashion Merchandising or related field preferred
  • · 2+ years’ experience prior buying experience
  • · Ability to travel both nationally and internationally to attend trade shows, vendor appointments and to view markets. Occasional weekend travel as needed.
  • · Computer skills with basic knowledge of Microsoft Office.
  • · Strong communication skills (both written and verbal), negotiation skills, attention to detail and accuracy, organizational skills, and math skills (ability to work with numbers and analyze data).
  • · Ability to be metal free and work in a metal free environment when necessary, based on security policy.
  • · Ability to work in a fast-paced environment
  • · Ability to work independently as well as a team.
  • · Ability to lead team if applicable.
  • · Ability to demonstrate leadership skills.

Preferred Qualifications

  • · Bachelor’s Degree in Fashion Merchandising or related field preferred

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