Associate Buyer

Summary

The Associate Retail Buyer assists with the purchase and management of inventory for our fast-paced, 5,000 square foot specialty store. Assists with implementing product development, buying, and merchandising programs to maximize sales and profits. Analyzes, tracks, and manages inventory to ensure proper mix and inventory turn. Identifies and procures timely, trend-right, mission-driven products.

Reports To: Senior Buyer 

Position Status: Full-Time / Exempt 

Five Areas of Accountability

  • Analyze, Track, and Manage Inventory Levels
  • Generate Sales Reports
  • Develop and Implement Merchandising Directives
  • Manage Cost of Goods and Margins in Assigned Categories
  • Build and Manage Vendor Relationships

Success Traits

  • Willingness to embrace the SPY culture and core values of Service Excellence, Team, Creativity, Diversity, and Fun!
  • Seeks understanding and makes smart decisions through consistent effective communication, positive influence, and leading by example.
  • Strong communication skills, both verbal and written.
  • Strong organizational and negotiation skills and attention to detail.
  • Excellent people skills and positive demeanor. Strong service and team orientation.

 Responsibilities

  • Develop and implement merchandising, buying, new orders and reorder plans that balance resources, fashion/social trends, product classifications, and price points.
  • Develop and achieve planned goals in sales, markups, markdowns, shortage, inventory turn, and profit.
  • Make buying trips to research and procure products that relate to the Museum’s collections, special exhibits, and programs. Shop and analyze competitive stores to evaluate assortments, prices, and merchandise presentations.
  • Negotiate favorable prices, terms, discounts, and transportation allowances with vendors. Research and select vendors who offer the best mix of product variety, quality, quantity, price, and delivery.
  • Prepare reports to assist in tracking, monitoring, and analyzing inventory and sales.
  • Develop and maintain planograms for the store. 
  • Assist in planning and participate in annual physical inventory and reconciliation.
  • Educate store personnel on trends, product information, promotions, advertising campaigns and display concepts. Assist in floor-sets within the museum store 
  • Follow up on orders as needed. Resolve any shipping, vendor, and quality control problems via ongoing communications with vendors. Monitor, process and verify invoices and receiving reports. Assist Accounting Department by answering questions, making corrections, and helping resolve issues on a timely basis.
  • Assist in the development of advertising and promotion plans. Provide staff with advance notice and information on advertising/ promotions and ensure adequate product availability at the advertised price. Assist with E-Commerce content and maintain web advertising schedule.
  • Participate in weekly Retail meetings, and Museum staff meetings. Participate in relevant professional organizations and meetings.
  • Generate reports and perform other related duties and responsibilities as required or assigned.

Minimum Education and Experience Required 

  • BA/BS degree in retail, merchandising, business administration or related field preferred 
  • 1-2 years demonstrated experience with retail merchandising, buying and product development including decision making responsibility for your assigned categories.
  • Proven ability to buy, develop, and display products. Computer literate with knowledge of POS systems, merchandise management software and Microsoft Excel skills.   

Special Considerations

  • Occasional evening and weekend work required. 
  • Some overnight travel required. 
  • The work is generally sedentary but requires some extended periods of standing, walking, and bending. 
  • Ability to handle, lift, and move stock weighing up to 40 pounds required.
  • Vaccination is required as a condition of employment and reasonable accommodations will be considered.

How to apply:

To Apply, please submit a cover letterresume, and salary requirements to the Associate Buyer Application Form.