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Merchandising - Associate Buyer
2 months ago
ASSOCIATE BUYER | JOB DESCRIPTION
SUMMARY
At Magnolia, the Associate Buyer is responsible for product assortment and collection building within his or her respective categories, inclusive of product development, vendor communication, and reporting analysis. This position will also support a divisional buying team as needed. This position works from Magnolia Headquarters in Waco, Texas. It reports to the Senior Buyer and has no supervisory responsibilities.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Assist in development and execution of merchandise strategies and assortment plans in partnership with Buyer/Senior Buyer, and Merchandise Planner - building the assortment and driving sales to meet assigned targets*
- Interpret item and category performance to provide strategic financial recommendations and determine sales trends, opportunities, and propose actions to maximize revenue while protecting profitability*
- Research new vendors and products, staying abreast of current and upcoming trends for managed categories while maintaining Magnolia's aesthetic, design, and vision*
- Clearly articulate product launch season and life cycle strategy*
- Set pricing strategy for the category and subcategory levels in accordance with margin goals to optimize revenue and profitability
- Communicate cross-functionally on assortment intention and strategy
- Maintain product and vendor information in software system, ensuring accuracy and troubleshooting problems*
- Partner with vendors regarding product information, payment information, costing, timelines, lead times, etc.
- Track and organize samples including labeling and preparing samples for presentation and coordinating returns with vendors
- Perform other duties as assigned
COMPETENCIES
- Teamwork: Contribute to a team environment supporting diversity, equity, inclusion, and belonging. Work effectively with others, be a team player and contribute toward team goals.
- Critical Thinking: Identify and communicate challenges in day-to-day activities. Ability to analyze data, trends, and patterns.
- Expertise: Eye for detail, accuracy, and complete all tasks in a timely manner. Possess knowledge and skills related to specific area(s) and specialized tools and techniques relevant to specialization.
- Communication: Actively engage in listening to teammates and guests and be open to feedback from guests, peers, and management.
- Guest Focus: Ability to proactively understand and meet guest needs, ensuring a personalized and guest-centric experience.
- Strategy and Goal Setting: Approach change with positivity and curiosity. Know your role in achieving team goals.
- Hard skills: Proficiency in Microsoft Excel required.
- Bachelor's degree from a 4-year college or university preferred
- 2-4 years of related work experience OR an equivalent combination of education and experience preferred
While performing the duties of this job, the employee is regularly required to sit; use hands and arms to reach, handle, feel; utilize fine motor dexterity of fingers; talk or hear and taste or smell. The employee is frequently required to stand and walk. The employee is frequently required to climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds, and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
WORK ENVIRONMENT
While performing the duties of this job, the employee is occasionally exposed to outside weather conditions. The noise level in the work environment is usually moderate.
ACKNOWLEDGEMENTS
Magnolia is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, or any other characteristic protected by applicable federal, state or local laws and ordinances.
This job description has been designed to indicate the general nature and level of work performed by an employee in this classification. It is not to be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications of employees assigned to this job. Management has the right to add to, revise, or delete information in this description at any time.
Other details
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