Merchandise Buyer I

Jordans Furniture•Taunton, MA

1d•$68,000 - $85,000•Hybrid

About The Position

As a Merchandise Buyer I, you'll play a crucial role in managing merchandise assortment for one or more small products categories such as upholstery, case goods, rugs, accessories and more. If you're passionate about retail, have a strong eye for product trends, and enjoy negotiating and building relationships with vendors, this may be the job for you. This hybrid position is located in Taunton, MA. Why you will love this job. Team atmosphere – We’re all family here! Manage the pulse of industry trends and innovations. Influence of product assortment. Why you will love Jordan’s Furniture. Stability- we are a growing, stable company Great Benefits – medical, dental, vision and more! Unique Culture Employee Discount

Requirements

3-5 years of related experience in the furniture industry
Expert knowledge of assigned merchandise category
Strong computer proficiency in Microsoft Office
Ability to work collaboratively with all areas of the company
Strong oral and Written communication skills
Must be able to read and communicate effectively in English
Must travel to all store locations on a frequent basis.
Travel to the furniture markets 2-4 times a year.

Responsibilities

In conjunction with Senior Buyer, selects merchandise for assigned product categories.
Utilizes planning and forecasting software to order merchandise and maintain optimal inventory levels.
Analyzes cost and retail to maintain gross margins for maximum profitability and GMROI.
Determines stock pricing, FFO pricing and markdown pricing.
Collaborates with Merchandising team to coordinate planning and execution of merchandise placement on showroom floor, and completes appropriate paperwork to transfer merchandise from warehouse to showroom floor.
Manages vendor business portfolios, including price negotiation and procedures.
Accompanies VP of Merchandising on showroom visits and recommends vendors.
Works with vendor reps, Logistics team and vendor personnel to resolve issues such as delays style change, damages, etc.
Inspects new sample merchandise, ensuring all measurement, specification, and features are accurate.
Coordinates the return of damaged goods and replacement items; negotiates credit arrangements with vendors.
Communicates product/vendor changes such as shipping schedules, product style & construction changes, and/or arrival of new products with appropriate company personnel.
Creates, enters and maintains item data, is responsible for accuracy of all details of product.
Works with Merchandise Assistants to properly create showroom price tags and is responsible for the accuracy of all data.
Maintains optimal turn rates by using exit strategies such as removing slower moving and discontinued items increasing the ability to store more high-volume goods.
Assists warehouse personnel in identifying mis-shipped product
Any other function or responsibility as assigned by Supervisor.