Assistant Buyer - CWA VF (TEMP)

Macy's•New York, NY

1d•$56,280 - $93,720•Onsite

About The Position

The Assistant Buyer supports the Buying team in driving sales, margin, turn, and growth by devising and recommending assortment strategies and supporting assortment optimization. This role demands strong business acumen and an understanding of Merchandising. It relies on translating product performance data into recommended advertising strategies and featured product selections to maximize Macy’s sales, inventory, and bottom line profitability in a changing retail environment. Recognized as a trusted, collaborative, and results-oriented business partner, the Assistant Buyer excels at devising and recommending assortment strategies at department, class, and vendor levels.

Requirements

Bachelor’s degree or equivalent work experience in a related field
1-2 years of related experience
Strong understanding of business principles and the retail industry, with a focus on driving sales, margin, turn, and growth
Ability to devise and recommend assortment strategies and support assortment optimization, with knowledge of product performance data and its translation into advertising strategies and featured product selections
Excellent communication skills for effectively liaising with various teams and presenting information clearly and concisely
Capacity to think creatively, analytically, strategically, and technically to analyze performance data and make informed recommendations
Strong leadership, facilitation, and interpersonal skills to work effectively across functional lines and at various levels within the organization
Proficiency in Microsoft Excel and Outlook, along with knowledge of MS Office computer programs
Ability to interpret financial information accurately to align orders with financial plans and manage receipt flow accordingly
Proficiency in negotiating with vendors for adjustments in quantities, ship dates, and resolving shipping issues
Ability to access and review written and electronic information, and to move within the work environment and interact with workplace materials as needed to carry out job responsibilities

Responsibilities

Contribute to in-season forecasting and Rolling Operating Forecast (ROF)
Collaborate weekly with the Financial Planning team to provide insights for forecasting
Offer detailed performance analysis to the Buying Director to assist in making in-season item-level changes
Maintain and update receipts on order for Return on Investment (ROI) and review them with the Buying Director
Ensure orders align with financial plans and manage receipt flow to meet financial plan requirements
Develop assortment strategies for key items with input from the Buying Director
Monitor the performance of key items and provide recommendations to maximize sales revenue
Participate in style out sessions to independently present assortments and recommend and execute assortment edits
Develop purchase orders and collaborate with the Buying Director, Merchandise Planning, and vendors to secure merchandise
Negotiate with vendors for adjustments in on-order quantities and ship dates, and resolve shipping issues while informing the Buying Director
Serve as the primary contact with Vendor Community, Marketing, Visual, Stores, and Pricing teams
Communicate with vendors to ensure timely collection of Markdown Allowance (MDA), markdowns, and Return to Vendor (RTV), and collaborate with Financial Planning to align with in-season Visual Merchandising and Trading (VMT) input
Work with the Pricing team on pricing strategy and in-season adjustments

Benefits

Competitive pay
Comprehensive health and wellness coverage
401(k) match
Paid time off
Eight paid holidays
Continuous learning
Leadership development
Merchandise discounts
Performance-based incentives
Annual merit review
Employee Assistance Program with mental health counseling and legal/financial advice
Tuition reimbursement