Buyer Home

Company: Belk
Location: Charlotte
Posted on: November 23, 2020

Job Description:

Buyers are responsible for the overall merchandising direction of a category or department(s) with the goal of meeting/ exceeding sales, margin and turn targets. Buyers maintain a singular focus on the product and customer by incorporating competitive intelligence, customer insight, and business analysis. Buyers are responsible for the purchase and negotiation of merchandise as well as the open to buy process. Buyers partner with Planners to develop strategies to maximize business opportunities. Essential Functions - Develop and execute merchandise strategies and assortment plans, based on customer feedback and preferences, to deliver financial goals and business objectives - Analyzes business to the lowest level to identify opportunities in sales, inventory, and margin by store, department, and class - Reacts to business trends in a timely and efficient manner - Creates all necessary analysis based on trends - Works with Planner and Allocator during the planning process: in-season planning & revisions, assortment plans, store plans - Identifies opportunities to improve overall plan quality - Communicates effectively with all merchandising levels - Communicates effectively with stores and vendors - Reacts to feedback based on store and customer needs - Build and maintain strong partnerships with vendors and cross-functionally at Belk - Select merchandise; negotiate best costs and delivery of product - Manage all aspects of product placement, marketing and pricing/markdowns - Negotiate vendor allowances, returns, advertising co-op, and other terms as needed Identify business opportunities and risks in-season through analyzing sales performance and gathering marketplace information; implement strategies to ensure plans are achieved - Partner with Advertising and DMM to develop promotional strategies and identify key items or classifications that drive profitable sales and communicate compelling messages to customers - Build a high quality merchandising team by developing partnerships, leading, coaching and providing constructive feedback - Leverages open-to-buy process to manage business in-season and maximize opportunities - Travels to all necessary markets and store trips - Ability to articulate and provide thought process behind solutions and strategic plans - Identifying emerging trends and shopping competition and market regularly Position Contribution Level Education / Experience Requirements: Intermediate Level Minimum Education & Experience - Bachelors degree strongly preferred - 4-7 years of retail experience; 2-3 in retail buying Knowledge / Skills Requirements Preferred Education & Experience: - Proficient in business-related computer software (Microsoft Windows, Word, Excel) - Excellent analytical and reasoning skills - Clear retail math skills - Maintains professionalism in work relationships and habits - Demonstrates strong listening, written and oral communication skills - Is multi-task oriented to meet deadlines. - Possesses strong merchandising, product and marketing skills Physical Requirements - Available and able to travel - Able to see and distinguish colors - Able to lift up to 25 pounds Reporting Relationships Supervisor : VP/DMM Supervises : Associate Buyer Assistant Buyer Accessibility Guidelines is committed to making the on-line application experience easy and accessible to individuals with disabilities. We are constantly making improvements to comply with the spirit of the 'Americans with Disabilities Act,' and the Web Content Accessibility Guidelines. If any of the information on the website is not accessible to you due to a disability, please contact us via email at . Please provide the location of the inaccessible information and the format you wish to have the information presented and we will be happy to send it to you, either via your email address or a separate mailing address you provide. If you prefer, you may contact one of our friendly Shared Services representatives at 1- and we will be happy to assist you with the application process. We are an Equal Opportunity Employer: We treat all our associates and candidates as equals. We require all associates and managers to do so too and comply with employment laws and regulations. All personnel actions are conducted in the spirit of equal employment. We are committed to recruit, train, promote and retain associates without regard to race, color, religion, gender, gender identification and expression, national origin, marital status, age, disability, genetic information, military status, sexual orientation or any other characteristic protected by applicable local, state or federal laws. #IND3

Keywords: Belk, Charlotte , Buyer Home, Hospitality & Tourism , Charlotte, North Carolina