Manager Buying and Trading
1 month ago
Purpose & Overall Relevance for the Organization
Prepare the Buying process across assigned DTC channel; Factory Outlet. Actively contribute to the OTB planning and management, defining optimal volumes to provided channel ranges. Execute in-season Trading decisions to meet financial targets.
Key Responsibilities
- Contribute to the buying process for the assigned channel and assure right volumes are bought following market OTB plans
- Support the submission of initial seasonal forecasts into applicable systems for horizontal review by global functions at key milestones
- Prepare the size breakdowns process assuring they are created according to market needs and incorporated in the buying process
- Conduct weekly analysis of the current business and make recommendations to the buyer based on the analysis. Participate in weekly trading meetings. Make call outs of missed opportunities in business.
- Provide market in-season trading, assuring timely sales forecast by product, stock intakes and in-season markdowns. Procure market excess to meet financial targets.
- Execute according to market relevant store tiering process following FO store segmentation guidance
- Execute effective flow of stock from regular DTC channels to FO channels to assure product relevance in regular stores, adequate stock clearance and margin optimization
- Deliver the FO Assortment Plans planned production to meet channel financial targets
- Create a supportive work environment in which employees are coached, trained and provided with career opportunities through development.
- Provide team members/direct reports with clear direction and targets that are aligned with business needs and objectives.
Key Relationships
- Market Planning Team
- Market Allocation Team
- DTC Marketing Team
- Market Op Teams
- Supply Chain and Demand Planning Teams
- Market CTC (Assortment Planning and Range/Price Architecture) and Brand Category Teams
Knowledge, Skills and Abilities
- Relevant job experience in a Buying function, and fully qualified and trained
- Combined broad theoretical and practical knowledge incl. company policies and practices
- Strong competence with Buying, procedures and systems
- Excellent computer skills, including, but not limited to, MS Word, MS Excel, MS Outlook and MS PowerPoint
- Advanced Excel skills, and a thorough understanding of macros, pivot tables, lookup formulas, formatting, etc.
- Strong analytical skills, familiarity with Retail KPI's, and a thorough understanding of retail math
- Strong interpersonal skills, with ability to build successful relationships within a team and cross-functionally
- Exceptional attention to detail
- Ability to exercise good judgment and effectively use decision making skills, confidently handling ambiguous situations and/or issues that may arise
- Ability to effectively present information to an individual or group, both written and verbally
- Ability to work independently (particularly in the absence of supervisor) and be a solution-based thinker
- Ability to effectively and professionally communicate via phone, e-mail and face to face
- Ability to work well in a team environment in any capacity
- Ability to multi-task within a fast paced, changing environment, and the ability to work well under pressure and with tight deadlines
- A passion for sports and an interest in the athletic industry and trends and/or athletic product lines preferred
Requisite Education and Experience / Minimum Qualifications
- A Bachelor's degree from a four year college or university and a minimum 5 years related experience; equivalent combination or education and experience may be substituted
- Degree with emphasis in Merchandising, Marketing or Business Management preferred
Why adidas?
Diversity, Equity, and Inclusion at adidas means championing individual uniqueness and cultivating a culture of belonging in which everyone can create at their best. We embrace diverse backgrounds, experiences, and perspectives and seek to create a workforce that reflects our consumers and communities.
adidas offers robust and progressive medical, including HSA (Health Savings Account) with employer funding or FSA (Flexible Spending Account) options, dental, vision, prescription drug coverage, fertility support, short and long-term disability, and basic life and AD&D insurance, which can be supplemented with employee-paid coverage. After meeting eligibility criteria, employees are able to enroll in adidas' 401k plan and Stock Purchase Plan with employer match. Employees accrue prorated flexible time off in the amount of 1 hour for every 30 hours worked and 12 paid holidays a year.
We officially returned to the office in a hybrid work environment, working 3 days in office and 2 days remote. The working location of this position is Portland.
Though our teammates hail from all corners of the world, our working language is English.
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