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Assistant Buyer and Allocator, Women's

3 months ago

New York, United States FERRAGAMO USA INC Full time
Job DescriptionJob Description

OUR HERITAGE AND PASSION TO EMPOWER YOUR TALENT AND CREATIVITY

One of the world's leaders in the luxury industry and whose origins date back to 1927. The unique, exclusive design which has always distinguished Ferragamo’s products is obtained by combining style, creativity and innovation with the quality and craftsmanship typical of Italian-made goods.

The Ferragamo Group is present in Italy and worldwide through companies which enable it to cover the European, American and Asian markets. The Ferragamo Group is present in over 90 countries all over the world.

Under the creative direction of Maximilian Davis, FERRAGAMO is re-envisioning it’s Italian house by providing a bold new cool perspective on elegance and luxury. From the uniqueness and exclusivity of our creations, along with the perfect blend of style, creativity and innovation enriched by the quality and superior craftsmanship of the 'Made in Italy' tradition, we continue to be household for all leather goods and ready to wear.

FERRAGAMO is seeking an Assistant Buyer & Allocator to join our team. Reporting to our Senior Director, located in our New York office. This position will be hybrid, 3 days in office. The ideal candidate will work in the Women’s Shoes & Leathergoods categories. Focusing on identifying product opportunities and executing merchandising strategies to maximize sales and store performance across all categories.


RESPONSIBILITIES:

Reporting

  • Create, maintain, and validate accuracy of weekly business review reports
  • Review and manage season coding to ensure accuracy and consistency
  • Timely and accurate management of all aspects of Selling Reports: create, update, and distribute

Buying

  • Enter and manage purchase orders; troubleshoot purchase order issues, price discrepancies, vendor production and store callouts
  • Partner with E-Comm on strategy and product information
  • Shop competitive marketplace for trend and product opportunities
  • Prepare and maintain all tools relative to the assortment planning process (Buy Sheet, Boards, Buy Prep, etc.)
  • Support with price changes and markdowns
  • Partner with cross-functional teams to help execute special projects and launches
  • Support in creating weekly training materials and collection overview decks
  • Manage VIC orders during market as well as in-season special orders
  • Support team in market research and seasonal report on competitive information
  • Assist and perform ad hoc projects when needed

Allocation

  • Responsible for Initial Allocation/TSL allotment and replenishment execution
  • Responsible of the allocation of products from local warehouse to stores, of store-to-store transfers and of reverse logistic to warehouse based on the sales
  • Gives feedback to team about stock situation (e.g. stock-out by product/store) to support their choices

QUALIFICATIONS

  • Bachelor’s degree
  • 1-2 years of previous merchandising/buying experience (internships included), luxury retail preferred
  • Must be based in NY Metro area with the capability to travel domestically if needed
  • Ability to work in a team, possess organizational awareness and flexibility
  • Demonstrate ability to adapt, strong knowledge of luxury market/products and philosophy of the brand
  • Exceptional attention to detail
  • Exemplary verbal and written communication skills
  • Maintain a clear sense of urgency in a fast-paced environment by effectively prioritizing multiple projects
  • Proficient computer skills including Microsoft Excel and PowerPoint as well as strong knowledge of retail math
  • Strong knowledge of excel formulas (VLOOKUP, Pivot Table skills are a must)

Equal Employment Opportunity Statement

Ferragamo USA Inc. and its subsidiaries an Equal Employment Opportunity employer and provides equal opportunities to all employees and applicants without regard to an individual's age, race, creed, color, religion, national origin, sex (including pregnancy), or sexual orientation, gender expression, military status, marital status, genetic predisposition or carrier status, disability, or membership in any other protected class under applicable law.


Disability Accommodation

Ferragamo is committed to providing reasonable accommodations to applicants and employees with disabilities. Please tell us if you require reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment