Replenishment Buyer

LULUS FASHION LOUNGE LLC•Los Angeles, CA

5d•$85,000 - $95,000•Onsite

About The Position

The Replenishment Buyer role is an integral part of the buying team and is responsible for supporting revenue volume through reorders. The ideal control buyer is motivated, results-oriented, and committed to the success of reorder SKUs driven by analysis of the stock-to-sales ratio, seasonal trends, and onsite merchandising.

Requirements

Bachelors degree required
At least 2 years of retail buying experience; core/basic buying within the fast fashion sector a plus
Excellent communication; written, oral, and group facilitation
Demonstrate cooperative behavior with colleagues, supervisors, and managers at all times
Work well under pressure. Meet multiple, and sometimes competing deadlines
Ability to build and maintain positive relationships both internally and externally
Ability to apply logical thinking and sound judgment to a wide range of practical problems
Strong retail math skills are critical
Strong excel skills required (including formulas such as sumifs, vlookups, etc., and pivot tables)
Must be able to work independently
Solid understanding of the Lulus brand
Solid understanding of current trends within the fast fashion space

Nice To Haves

core/basic buying within the fast fashion sector a plus

Responsibilities

Analyze, anticipate and monitor inventory levels for assigned departments
Forecast company inventory levels to determine products to reorder
Drive revenue, receipt plans, and seasonal inventory strategies for key items
Partner with test buyers, merchandising, production, and planners on open-to-buy management to achieve financial goals and strategic objectives
Partner with test buyers to develop product plans to support seasonal department merchandise strategies based on customers' expectations and fashion trends
Manage inventory levels, ensuring effective decision-making around analysis, markdowns, orders, etc.
Establish and maintain relationships with vendors
Own daily onsite merchandising of assigned departments
Ad hoc projects as needed