Director of Buying

Perry Ellis InternationalMiami, FL
2d

About The Position

We are seeking a highly motivated and experienced Senior Buyer to join our growing Direct-to-Consumer (DTC) team. The Senior Buyer will be responsible for developing and executing the buying strategy for a specific product category or categories sold directly to our consumers through our e-commerce platform and/or retail stores. This role requires a strong blend of analytical skills, negotiation expertise, and a deep understanding of consumer trends and DTC business models. The ideal candidate will be a strategic thinker with a proven track record of optimizing inventory, improving margins, and driving sales growth in a fast-paced retail environment.

Requirements

  • Bachelor’s degree in Business, Merchandising, Supply Chain, or a related field.
  • 5+ years of progressive experience in Buying, Sourcing, or Procurement, with a minimum of 2+ years specifically in a Direct-to-Consumer (DTC) or e-commerce focused environment.
  • Demonstrated experience in OTB management and financial planning within a retail context.
  • Exceptional negotiation and vendor management skills.
  • Proficiency in retail math and advanced data analysis using Microsoft Excel (e.g., pivot tables, VLOOKUPs) or equivalent BI tools.

Nice To Haves

  • Experience with ERP, Inventory Management, and Demand Planning systems (e.g., SAP, Oracle, NetSuite, specialized retail software).
  • Experience buying for a specific relevant product category men’s/women’s apparel

Responsibilities

  • Develop and implement a comprehensive buying strategy aligned with the company's overall financial goals and brand vision for the assigned DTC category(s).
  • Conduct in-depth market research on consumer trends, competitor activity, and new product innovations to inform purchasing decisions.
  • Collaborate with Planning, Merchandising, and Finance teams to establish seasonal and annual OTB (Open-to-Buy) budgets and sales forecasts.
  • Source, select, and procure product assortments, ensuring a compelling and balanced offering that meets consumer demand and DTC inventory targets.
  • Negotiate favorable terms with vendors, including pricing, payment terms, minimum order quantities (MOQs), and delivery schedules.
  • Manage the full product lifecycle, including initial buy, in-season replenishment, and end-of-season markdown strategies to maximize sell-through and minimize excess inventory.
  • Work closely with the Operations and Supply Chain teams to monitor product flow, resolve logistics issues, and ensure timely delivery.
  • Analyze key performance indicators (KPIs) such as sales, margin, turn, and weeks of supply (WOS) to assess the effectiveness of the buying strategy.
  • Present detailed performance reports and recommendations to leadership, identifying opportunities for improvement and risk mitigation.
  • Utilize data to make agile, data-driven adjustments to in-season inventory levels and future buying plans.
  • Partner with the Marketing and E-commerce teams to develop product launch strategies, promotional calendars, and merchandising guidelines that support sales goals.
  • Collaborate with Product Development/Design to provide crucial consumer and sales feedback that informs future product lines.
  • Mentor and guide Junior Buyers or Assistant Buyers on best practices in buying and inventory management.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service