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E-Commerce Merchandise Procurement Specialist
2 months ago
We are seeking a highly skilled and experienced E-Commerce Merchandise Buyer to join our Merchandising department at REEDS Jewelers. As a key member of our team, you will be responsible for developing and implementing a financially sound assortment plan and merchandising strategy for our categories.
Key Responsibilities- Develop and execute a cohesive merchandise mix to optimize sales volume and profitability, while maximizing the customer experience and driving revenue growth.
- Work closely with the Cross-Functional Team (CMT) and leadership to hit key performance indicators (KPIs) and support REEDS in reaching planned inventory and sales targets.
- Responsible for buying a category(s) with oversight and guidance from a senior buyer or above.
- Supervise, manage, and support the growth of direct reports (if applicable).
- Implement strategic and thoughtful trends within initiatives to drive sales and profitability.
- Review competitive analysis for accuracy and identify white space opportunities.
- Apply and communicate REEDS' rules of engagement and standard of quality for merchandise to ensure product exceeds customer expectations and meets minimum category standards.
- Develop, curate, and manage assortments through strategic vendor partnerships, focusing on white space, growth areas, key initiatives, and trends.
- Analyze sales to effectively maximize strong sellers and develop effective exit strategies for underperforming products.
- Manage and analyze online product assortments.
- Develop and maintain vendor relationships, including key item selections, communicating vendor contracts, payment terms, and product costs.
- Coordinate with Senior Buyer to develop vendor meeting cadence and request appointments with vendors based on vendor strategy.
- Prepare for productive vendor meetings, establishing appropriate invitees and agenda topics, and articulating product strategies and initiatives to develop and source products that support initiatives.
- Review accuracy of set up and maintenance of vendor files.
- Adhere to and manage open-to-buy budgets.
- Set up, protect, and monitor the integrity of the category's gross margins.
- Act as the liaison between merchandising, marketing, and e-commerce teams to support product and promotional needs, including catalog, categorization, attributions, copy, images, in-store display, and signage.
- Responsible for studying and presenting monthly category business updates in partnership with the analytics team on responsible areas, providing insights and strategy to support positive impacts on business.
- Develop and maintain a strong relationship with category analyst to ensure business opportunities are being maximized and explored, not limited to but encompassing GM and inventory management (if category requires CMT partnership).
- Support uploads of product information, including new product additions and product changes.
- Participate in the alignment of product photography, copy strategies, and digital marketing.
- Responsible for the inventory movement of merchandise for web photography or video.
- Monitor inventory for key products on site to support email and digital marketing campaigns.
- Collaborate with Copywriters and Buyers on new product set up, including categorization, attribution, reviewing product copy, and adding product images.
- Consistently look for opportunities to improve product display pages on site through enhanced product attributing, imagery, or user experience.
- Support website maintenance and enhancements, including SEO updates, redirects, site errors, and user testing.
- Continuously monitor the quality of merchandise to ensure merchandise exceeds customer expectations.
- Work closely with the Customer Service Team in troubleshooting product or customer issues that arise on site.
- Perform additional duties and projects as assigned.
REEDS Jewelers is a family-owned and operated company with a strong foundation in the retail industry. We are committed to providing our customers with a unique and personalized shopping experience, while maintaining the highest standards of quality merchandise, superior customer service, and industry ethics.
Requirements- Work from REEDS Home Office 2 days a week minimum (flexible based on relocation timeline).
- Ability to travel up to 10% of the time.
- Attend after-hours job functions, dinners, trainings, and events when needed.
- Conduct business affairs in a legal and ethical manner, building a socially conscious environment.
- Compliance to corporate policies and procedures.
- Dress code: Business casual; no athletic sneakers, no ripped jeans. Vendor meetings require professional dress; no denim.
- REEDS Jewelers offers a comprehensive compensation program, merchandise discounts, 401(k), and paid time off.
- Full-time team members are also eligible for our benefits program, including health, dental, life, LTD insurance, and more.
REEDS Jewelers is an Equal Opportunity Employer. We value the diversity of our team, and employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status, or other characteristics protected by law. REEDS provides a smoke and drug-free environment.