Buyer (Hybrid)

Belk

7d•Hybrid

About The Position

Buyers are responsible for the overall merchandising direction of a category or department(s) with the goal of meeting/ exceeding sales, margin and turn targets. Buyers maintain a singular focus on the product and customer by incorporating competitive intelligence, customer insight, and business analysis. Buyers are responsible for the purchase and negotiation of merchandise as well as the open to buy process. Buyers partner with Planners to develop strategies to maximize business opportunities. Essential Functions: Develop and execute merchandise strategies and assortment plans, based on customer feedback and preferences, to deliver financial goals and business objectives Analyzes business to the lowest level to identify opportunities in sales, inventory, and margin by store, department, and class Reacts to business trends in a timely and efficient manner Creates all necessary analysis based on trends Works with Planner and Allocator during the planning process: in-season planning & revisions, assortment plans, store plans Identifies opportunities to improve overall plan quality Communicates effectively with all merchandising levels Communicates effectively with stores and vendors Reacts to feedback based on store and customer needs Build and maintain strong partnerships with vendors and cross-functionally at Belk Select merchandise; negotiate best costs and delivery of product Manage all aspects of product placement, marketing and pricing/markdowns Negotiate vendor allowances, returns, advertising co-op, and other terms as needed Identify business opportunities and risks in-season through analyzing sales performance and gathering marketplace information; implement strategies to ensure plans are achieved Partner with Advertising and DMM to develop promotional strategies and identify key items or classifications that drive profitable sales and communicate compelling messages to customers Build a high quality merchandising team by developing partnerships, leading, coaching and providing constructive feedback Leverages open-to-buy process to manage business in-season and maximize opportunities

Requirements

Bachelor's Degree preferred
7-9 years retail experience required
1-3 years retail buying required
Proficient in business-related computer software (Microsoft Windows, Word, Excel)
Excellent analytical and reasoning skills
Clear retail math skills
Maintains professionalism in work relationships and habits
Demonstrates strong listening, written and oral communication skills
Is multi-task oriented to meet deadlines.
Possesses strong merchandising, product and marketing skills

Responsibilities

Develop and execute merchandise strategies and assortment plans, based on customer feedback and preferences, to deliver financial goals and business objectives
Analyzes business to the lowest level to identify opportunities in sales, inventory, and margin by store, department, and class
Reacts to business trends in a timely and efficient manner
Creates all necessary analysis based on trends
Works with Planner and Allocator during the planning process: in-season planning & revisions, assortment plans, store plans
Identifies opportunities to improve overall plan quality
Communicates effectively with all merchandising levels
Communicates effectively with stores and vendors
Reacts to feedback based on store and customer needs
Build and maintain strong partnerships with vendors and cross-functionally at Belk
Select merchandise; negotiate best costs and delivery of product
Manage all aspects of product placement, marketing and pricing/markdowns
Negotiate vendor allowances, returns, advertising co-op, and other terms as needed
Identify business opportunities and risks in-season through analyzing sales performance and gathering marketplace information; implement strategies to ensure plans are achieved
Partner with Advertising and DMM to develop promotional strategies and identify key items or classifications that drive profitable sales and communicate compelling messages to customers
Build a high quality merchandising team by developing partnerships, leading, coaching and providing constructive feedback
Leverages open-to-buy process to manage business in-season and maximize opportunities