Buyer - Perfume & Cosmetics

Dufry Careers•East Rutherford, NJ

18d

About The Position

The Buyer is responsible for sourcing, selecting, and purchasing for Perfume & Cosmetics in alignment with the company’s goals and current trends for both Duty Free and Duty Paid locations, ensuring the right products are available to meet customer demands while maximizing profitability.

Requirements

The combination of education and professional experience must exceed 6 years
Requires 6 years in retail operations, merchandising, or executing buying programs
A bachelor’s degree in a business, marketing, or management program related to the functional area can count for 2 of the 6-year requirement
An MBA or a master’s level degree in a program related to the functional area can count for an additional 2 years of 6-year requirement
3-5 years of retail experience
Training that leads to an in-depth understanding of the buying function
Advanced proficiency in Microsoft Office, especially Excel, with commitment to data accuracy
Business acumen and also has the mindset required to understand the long-term implications of buying decisions and to advance the organization’s goals
Demonstrated history of understanding the needs of the business, stakeholders, the employee population, and individual circumstances
Demonstrated history of creating and maintaining positive work environments

Nice To Haves

Experience with SAP and SNOW systems preferred for luxury retail operations

Responsibilities

Sources, develops, and curates new brands and product assortments that align with the company objectives, customer preferences and market trends
Monitors industry trends, consumer preferences, and competitor activities to proactively identify opportunities and challenges; adjusts assortments accordingly
Manages supplier and vendor relationships, negotiates pricing and terms, ensures optimal delivery schedules
Analyzes sales data and performance metrics to make informed decisions on assortment mix and inventory replenishment
Develops and maintains an understanding of the target audience, adjusting assortments to match evolving consumer preferences
Addresses aged and slow-moving inventory levels and develops strategies for markdowns and promotions
Executes SKU rationalization to maximize performance based on space allocation
Partners with Planner using the OTB to manage stock levels
Develops an exit strategy on non-go forward items; negotiates RTVs, implement markdowns, promotions, and price changes