Senior Buyer – Perfume

Purpose: The Senior Buyer is responsible for sourcing, selecting, and purchasing for Perfume & Cosmetics 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.

Essential Functions:

Analyzes market trends, manages supplier relationships, negotiates pricing and terms
Sources, develops, and curates new brands and product assortments that align with the company objectives, customer preferences and market trends
Analyzes sales data and performance metrics to make informed decisions on assortment mix and inventory replenishment
Executes SKU rationalization to maximize performance based on space allocation.
Partners with Planner using the OTB to manage stock levels
Collaborates closely with vendors to negotiate terms, pricing, and delivery schedules
Monitors evolving consumer preferences and adjusts assortments accordingly
Develops an exit strategy on non-go forward items; negotiates RTVs, implement markdowns, promotions, and price changes

Reporting Relationship: The Senior Buyer reports into the Senior Category Director of Perfume & Cosmetics

Major Interdependencies: Global Category team, Supply Chain, Master Data, Revenue Generation, Planning, Space Planning, Marketing, and Operations

Minimum Qualifications, Knowledge, Skills, and Work Environment:

Education and Experience: The combination of education and professional experience must exceed 6 years:
In a leadership role: Requires 2 years of experience supervising a team of buyers engaged in executing convenience category programs.
In a technical role: Requires 6 years as a buyer
A bachelor's degree in a business, marketing, or management program related to the functional area can count for 3 of the 6-year requirement
An MBA or a master's level degree in a program related to the functional area can count for an additional 2 years of 6-year requirement
In the industry: 3-5 years of retail experience
Specialized Training:
Training that leads to an in-depth understanding of the buying function
Specialized Skillset/Competencies/Traits
Business acumen and also has the mindset required to understand the long-term implications of buying decisions and to advance the organizations 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 through coaching, developing, and leading teams to achieve common goals
Location/Travel:This position is based in our New Jersey Retail Center of Excellence.
Requires ability to travel up to 30% of the time for meetings and to visit branch locations

Disclaimer:

All job requirements are subject to change to reflect the evolving position requirements or to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a threat or risk to the health and safety of themselves or other employees. This job description in no way states or implies that these are the only duties to which will be required in this position. Employees will be required to follow other job-related duties as requested by their supervisor/manager (within guidelines and compliance with Federal and State Laws). Continued employment remains on an "at-will" basis.

Hudson and HMSHost are equal opportunity employers and do not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factors.

Source: Hospitality Online

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