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Buyer

4 months ago

Idaho Falls, United States Country Supplier Full time
Summary:

Purchases and determines merchandise or commodities for resale by performing the following duties.

Essential Duties and Responsibilities include the following. Other duties may be assigned.
  • Research product and pricing and enter into negotiations with vendors.
  • Discover, select and certify vendors and their merchandise programs.
  • Maintain relationships with existing suppliers; source new suppliers.
  • Analyze consumer buying patterns to predict future trends.
  • Write reports and forecast sales levels reacting to changes in demand. Report to upper management any change in direction and appropriate plans.
  • Negotiate vendor programs and pricing to maximize sales, margin and profitability within each department.
  • Increase sales, turns and GMROI through proper inventory management.
  • Increase sales through the utilization of all available marketing and advertizing channels.
  • Collaborate with vendors to maximize all available advertising/marketing funds to allow company to increase media presence while decreasing advertising expenditures.
  • Schedule, and conduct timely category line reviews to identify sales trends and opportunities for growth or inventory reduction within each category.
  • Create internal and external marketing and advertising for assigned product lines.
  • Set-up new vendor accounts.
  • Maintain vendor price files and vendor relationships.
  • Establish and maintain budgets including financial planning, sales, inventory, turns and margins.
  • Maintain communications with Vice President of Purchasing & Marketing regarding vendor performance and order status.
  • Attend trade shows as needed throughout the year.
  • Perform comparative analysis of products. Evaluate sales and inventory.
  • Reinforce relationships with the stores through scheduled visits through the year; focusing on inventory levels and merchandising within the store, as well as market conditions in the area.
  • Occasionally work a store sales floor and sell merchandise to become familiar with customer attitudes, preferences, purchasing preferences and assist with merchandising.
  • Travel long distances and work on the road for up to a week at a time.
  • Conduct product knowledge seminars with store personnel and vendors.
  • Search for close outs and special buys.
  • Work with analysts to optimize inventory mix and levels.
  • Authorizes payment of invoices or return merchandise.
  • Approves advertising copy for social media campaigns.
  • Determines financial information such as price mark-ups or mark-downs, manufacturer number, season code, and style number to print on price tickets.
  • Conducts training meetings with sales personnel to introduce new merchandise.
  • Prices items for resale.
  • Must be physically present at the C-A-L Ranch Support Center.
  • Regular and predictable attendance is required.
Supervisory Responsibilities:

Directly supervises one or more employees. Monitors supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Minimum Qualifications:
  • BS degree in business or equivalent work experience
  • 4 years merchandising work experience at the Assistant Buyer or Replenishment Manager level
  • Ability to multi task and prioritize work assignments
  • Excellent oral and written communication skills
  • Proficient with Microsoft Office (Word, Outlook, Power Point, and especially Excel)
  • Excellent analytical skills, able to create, understand and effect business through spreadsheets
  • Strong retail merchandising skills
  • Understanding of retail math, price point analysis, inventory turns and margin
Preferred Qualifications:
  • BS or Master's degree in business management
  • 3-5 years retail buying experience
  • 2-4 years retail operations or merchandising experience
  • Strong analytical math skills
  • Passion for merchandise and ability to select successful and profitable items
  • Able to build assortments through line reviews
  • Creative thinker with an open mind who leverages collaboration
  • Category line review experience
  • Efficient team player with a strong work ethic