Ecommerce Buyer/Allocator
3 weeks ago
We are seeking an experienced Ecommerce Buyer/Allocator to join our team. The ideal candidate will have a strong background in buying and merchandising, with a focus on ecommerce.
Key Responsibilities:
- Partner with the buyer to manage all aspects of the category businesses to drive results that meet and/or exceed the plan financial, qualitative objectives and inventory management of the business.
- Assume full responsibility for assigned product categories by ensuring accurate and timely placement of products based on customer's demands, market trends, brand direction and fiscal obligations.
- Support the team by ensuring accurate reporting, maintaining buys, launch timelines, hindsight, purchase order logistics and communications with cross-functional teams across the business.
- Accountable for merchandise performance.
- Recommends revisions to the merchandise plan/forecast based on sound analysis and ensures corrective actions are implemented.
- Works with the planning team to develop assortment plans that optimize inventory performance and reduce markdown risk.
- Reviews seasonal buys and contributes to the flawless execution of merchandising strategies by focusing on key programs based on buy strategies.
- Develops global ecommerce product assortment plans and merchandising strategies.
- Forecasts and provides recommendations, and execution on where and how merchandise should be placed on the brand site to maximize product interest, customer experience and conversions.
- Analyzes and recaps weekly and daily sales data across all product categories to understand top sellers, events and promotions and utilize reporting data & analytics to improve business performance and provide insight to drive revenue growth.
- Works with production, Marketing, and content teams to effectively plan the product calendar and maximize business opportunities (i.e. selection of products to feature in emails, homepage, and marketing campaigns) for a cohesive shopping experience.
- Defines the long-term merchandising strategies across brands and geographies and identify areas to improve site conversion.
- Adjusts the site product strategy based on assessment of the competitive landscape (site merchandising strategies of key competitors and best-in-class online retailers) and emerging online trends.
- Maintains site products by reviewing weekly inventory reports and confirming products and inventory are available for the website.
- Works cross-functionally to ensure the site is using best practices for SEO, identify content/copy changes on product pages, category pages and homepage that may help boost search engine rankings.
- Understands our shopper needs and expectations in different geographies and works with creative teams to achieve a balanced, strategic approach to online merchandising localization.
- Oversees ecommerce product movement and sales analysis monthly to determine demand and inventory needs.
- Assists to determine OTB and inventory positioning prior to buying periods.
- Manages the ecommerce account and all associated ordering and tracks final buys by category.
- Prepares cost analyses and competitive retail strategies.
- Utilizes pre-season and in season planning and projections throughout the year to ensure sufficient stock levels.
- Ensures proper assortment mix by developing projections on core items and creates weekly analysis to track category sales.
- Maintains inventories through sales/stock analysis.
- Analyzes size selling data to identify improvement opportunities and adjust accordingly to in season to maximize business on seasonal and replenishment products.
- Analyzes POS, inventory, and shipment data to make informed decisions regarding replenishment of items to on a timely basis back to website.
Requirements:
- Bachelor's degree or equivalent.
- Minimum three years' experience in a buying office as an Associate Buyer.
- Microsoft Office, specifically Excel, PowerPoint, Google suite, NetSuite experience a plus.
- Highly flexible and adapts well to a rapidly changing environment.
- Multi-tasker that can execute and manage projects simultaneously.
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