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Buyer Jobs

Company

24 Seven Talent

Address Chicago, IL, United States
Employment type FULL_TIME
Salary
Category Retail Apparel and Fashion,Retail
Expires 2023-08-18
Posted at 9 months ago
Job Description

Our client, a major player in the fast-fashion industry, is looking for a talented, fashion-forward Buyer to join their team in Chicago.


Salary: $80-100K

Type: Full-Time

Start: ASAP

Location: Onsite - Humboldt Park, IL


Overview:

The Buyer will be responsible for growing the sales volume and profit for a specific category. We’re looking for someone with a strong background in specialty merchandising, retail analytics and operational execution in both a brick and mortar and an e-commerce environment. Our ideal candidate has a successful track record in building winning merchandising strategies through vendor partnerships and exclusive product development. This person must be able to consistently apply a standard of quality and taste, as well as a sense of urgency in building a market-leading assortment.


Essential Functions:

  • Seasonal planning of open-to-buy budget in accordance with company sales plan. Reconcile receipts to OTB plan
  • Compile and present financial analysis including category sell-through, margins and key product performance; recap and analyze business results versus plan
  • Ensure financial goals and timelines are met
  • You are confident and extroverted and extremely comfortable with communication, whether in person, over the phone, Skype, or email.
  • Develop, plan, and execute strategy for assortment and allocation
  • Leverage merchandising team's skills at recognizing new fashion trends, items, looks, etc., early in their life cycles; maximize these opportunities
  • You must be excited about fashion. You must be excited about new trends and constantly learning about construction, material, and other concepts regarding design.
  • Communicate necessary actions to maximize profit/reduce risk
  • Build and execute detailed annual plans (sales, margin, turn and inventory composition) that support the company’s business strategy
  • Develop intimate understanding of the customer. Leverage customer knowledge for product development, category, assortment, and allocation optimization
  • You are able to (and enjoy) regular travel and meeting with vendors, producers, and others in the fast fashion industry. You can represent the brand in a positive manner.
  • Identify opportunities to increase sales, improve margins, optimize inventories, and decrease markdowns
  • Coach and mentor Assistant Buyers to maximize sales, margins and turns


Qualifications:

  • Existing relationships with current or potential market brands and/or private label resources.
  • Proven track record of merchandising multi-category, large SKU product lines
  • Proven ability to synthesize sales data, customer insights, competitive and market trends, and market data into merchandising strategies
  • Strong technical aptitude, including advanced competency in Microsoft Excel, and the ability to quickly master new applications and systems.
  • 4+ years of buying experience and product development
  • Ability to recognize and understand the magnitude of an opportunity and respond quickly
  • Demonstrated ability to grow revenue and improve profitability
  • Bachelor’s Degree in Business, Fashion Merchandising or something similar


The Ideal Candidate Has/Is:

  • Ability to multitask and prioritize in a fast - paced, dynamic environment
  • Excellent written and verbal communicator
  • Outstanding organizational skills, with keen attention to detail and diligent task follow-through
  • Ability to prioritize efficiently in response to changing needs and situations
  • Highly collaborative, responsive team player
  • Personal style and passion for fashion
  • Exceptional work ethic and motivation to meet strict deadlines


If interested in and qualified for this role, please forward your resume today!