Senior Buyer - Magazines

Avolta•East Rutherford, NJ

36d•$105,100 - $127,400•Onsite

About The Position

The Senior Buyer is responsible for selecting titles and managing space, distribution, and promotions for magazines and newspapers 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

Requires 2 years of experience supervising a team of buyers engaged in executing magazine category programs
Requires 6 years as a buyer
3-5 years of retail experience
Training that leads to an in-depth understanding of the buying function
Knowledge of the magazine and newspaper industry, including scan-based trading
Knowledge of financial tools and concept profitability; ability to understand and use market research and market trend information to maximize profitability
Technical proficiency in Microsoft Office, SAP, and Power BI
Versatility, flexibility, and a willingness to work enthusiastically and independently with constantly changing priorities
Strong organizational skills and attention to detail; excellent written communication and interpersonal communication skills
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

Responsibilities

Selects titles and builds assortments that align with the company objectives, customer preferences and market trends
Monitors industry trends, consumer preferences, and competitor activity to proactively identify opportunities and challenges; adjusts assortments accordingly
Manages supplier and vendor relationships, negotiates supply and promotional agreements
Analyzes sales, margin, and other performance metrics to make informed decisions on title mix and copy allocations
Manages space and distribution, including planograms and copy allocations by store
Supports the scan-based trading (SBT) process so magazines and newspapers scan correctly in store and post to the right supplier
Communicates price and UPC changes to Master Data and categorizes items by sub-class
Plans and executes promotional displays, marketing activations, and digital campaigns with publishers
Maintains accurate records of promotion contracts and supports collections
Supports ongoing and annual category budgeting