Nuuly Associate Buyer

1 week ago

Philadelphia, United States Nuuly Full time

Role Summary:

Nuuly is looking for an Associate Buyer that is responsible for creating an exciting and timely product assortment for the Maternity class that meets all planned goals and targets. They are to execute the vision of the business and intuitively respond to customer feedback and market trends. The associate buyer is responsible for facilitating the product life-cycle from conception to post-season analysis and is also responsible for the assisting in the growth and success of the merchandise assistant on the team.

Role Responsibilities:

Business Analysis:

Analyze weekly, monthly and seasonal sales, stock and on order with the goal of optimizing rentals and box economics

Present findings in bi-weekly business reviews, monthly OTB and seasonal hindsight

Work with planner to manage the financial elements of the business OTB, AUC, IMU, CC Count, obsoletes for assigned classes

Know product for assigned division understand best and worst renters and what sets them apart

Contact vendors about reorders and place reorders where possible

Consistently run attribute reports and know current sales, on-hand and on-order for critical attributes

Work on development of new maternity styles and provide feedback to vendors on fit as needed

Manage styles to the plan, ensuring that the assortment is properly balanced by looks, silhouettes, fabrics, patterns, color, price points, etc. and that we are taking the correct inventory position with key items and taking fashion risks

Market and Product:

Identify the appropriate products and trends that will appeal to the customer and exceed their expectations

Attend markets and shows both in person and virtually

Read all current trend publications

Understand the competition, target customer and brand-specific fashion trends

Work with own brand buying teams to align on big ideas and place commits and purchase orders on time

Merchandise Flow:

Rank, writing and negotiate all orders for the class

Coordinate with planner on extensions initiate appropriate penalties/discounts

Negotiate RTVs and manage fit and quality issues (including an understanding of what product is suitable for rental)

Ensure photo studio team receives samples in a timely manner

Work with MA to ensure styles are activated on site in a timely manner

Communicate changes, concerns, orders and reorders with vendors

Communication:

Communicate in a professional, succinct and positive manner

Work with Merchandising team to communicate concept and trend information to stores new set ups, vendors, looks, items

Maintain a level of confidence when communicating with coworkers at all levels; must have the ability to manage up and down

Partner and build relationships with planning and marketing teams

#LI-ME1

Role Qualifications:

Minimum of 2 years within a buying role in a retail environment.

Bachelors Degree

The Perks:

URBN offers comprehensive Perks & Benefits to employees. Availability and eligibility to specific benefits may be subject to your location and employment status. Benefits include medical, dental, vision, PTO, generous employee discounts, retirement savings and much more For additional information visit www.urbn.com/work-with-us/benefits

EEO Statement:

URBN celebrates diversity and is committed to creating an inclusive environment for all employees. We are proud to provide equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, sex (including gender, pregnancy, sexual orientation, and gender identity or expression), religion, creed, age, physical or mental disability, national origin or ancestry, ethnicity, citizenship, service in the uniformed services, genetic information, or any other protected characteristic as established by law. We believe strongly in fostering a safe, fair and respectful work environment. To ensure compliance with our non-discrimination and anti-harassment policies, we offer anti-harassment training to managers and employees.

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