Distribution Replenishment Buyer

McCoy Corporation•San Marcos, TX

1d•$48,000•Onsite

About The Position

Defines and manages strategic roles for and is the subject matter expert in assigned categories. Negotiates merchandise program details to support store sales, including, but not limited to, assortments, inventory levels, pricing, payment terms, and promotions. Responsible for the financial performance of assigned categories: Inventory Turnover, Gross Margin, GMROI and Sales. Responsible for the replenishment and inventory levels in assigned categories to support the stores. Develops and executes marketing and advertising programs to support stores’ sales effort

Requirements

Bachelor's degree (B. A.) from four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
Ability to utilize Microsoft Word & Excel, IBM Content Manager, MAC21, and other 3rd party software applications at an intermediate level
Knowledge and understanding of basic and intermediate purchasing and merchandising principles
Prior experience working in the retail industry, preferably in the building supply industry
Must maintain regular and acceptable attendance, at such level as is determined by management
Must be regularly available and willing to work at least 8 hours per day, 40 hours per week or such other hours per day or hours per week as the employer determines are necessary or desirable to meet business needs
Must be available and willing to work such weekends and holidays as the employer determines are necessary or desirable to meet its business needs
This position requires occasional travel with overnight stays
Must meet driver’s license requirements as required by the Company
Must be able to legally obtain a rental vehicle in all states in which the company does business
Must have current auto liability insurance

Responsibilities

Supports store operations with negotiated programs within assigned categories.
Solicits Regional and Store Manager input regarding assigned categories by listening to problems, complaints and compliments. Acts to resolve problems, build on successes
Meets periodically with existing vendors to plan and review existing programs. Communicates McCoy’s program requirements, program performance, store requests, assortment changes, etc.
Reviews pending changes in vendor product mix
Meets with potential vendors of existing and new products. Develops and implements new products/programs as needed to support stores’ sales’ efforts. Includes establishing performance goals, displays, set-up or resets, negotiated minimums, payment terms, negotiating costs, researching and establishing competitive retails, etc. Communicates complete program, schedules, etc. to stores by working interdependently with Store Planning and all other involved departments.
Prepares and presents Program Line Reviews for Stock and Special Order sales in assigned categories. Line Reviews include all areas of Program Financial Reviews, McCoy’s competitor analyses, and comparisons of existing programs to competitive programs in the category. Negotiations during the Line Review incorporate store needs, strategic category goals, and corporate financial goals
Develops and implements marketing and advertising programs to promote assigned product categories. Responsible for negotiating and collecting co-op advertising funds to support marketing and advertising expense. Reviews each campaign’s results for effectiveness and efficiency
Reviews and approves promotional plans. Partners with Marketing and Store Planning to develop the category/department promotional strategies
Monitor the “Open PO report” for all replenishment stores and address issues with vendors accordingly. Must work interdependently with store personnel and corporate departments to resolve issues that concern products for assigned categories.
Understands competitors’ strengths, weaknesses and strategies. Anticipates market/business trends and develops a plan for response
Accountable for assigned merchandise categories’ performance, recommends revisions to the merchandise plan/forecast based on sound analysis and ensures corrective actions are implemented
Directs assortment selection process and reviews assortments for balance (brands, key items, core items, etc) and adherence to strategic and financial objectives
Maintains an adequate inventory position in order to drive sales, in stocks and to service customers
Creates and maintains supplier replenishment purchase orders
Manages daily logistics issues, including product supply, transportation issues and delivery interruptions. Facilitates resolutions between stores and vendors where necessary
Establishes and maintains item replenishment parameters and attributes within the point of sale system
Reports on and manages supplier lead-times in Point of Sale system based on supply chain performance
Visits retail stores on occasion to review product lines and placements. Attends trade shows, vendor facilities and factories, and McCoy’s vendor show to visit with current vendors and prospective vendors on product lines
Follows Standard Operating Procedures while carrying out the responsibilities of position
Attends all team meetings and company training sessions as required