Merchandising Specialist

1 week ago


Framingham, Massachusetts, United States Jobot Full time

Join a dynamic mid-sized organization as a Retail Buyer within our Marketing & Merchandising division
This Jobot Job is hosted by: Julie Massey

Salary:
$100,000 - $120,000 annually

About Us:
We are a thriving mid-sized organization seeking a skilled Retail Buyer to enhance our Marketing & Merchandising team.

Benefits of Joining Us:
- Competitive compensation
- Flexible hybrid work arrangements
- Positive workplace culture
- Comprehensive benefits package with bonus opportunities

Key Responsibilities:
- Formulate a competitive merchandise assortment strategy that prioritizes customer needs while continuously monitoring and adjusting sales plans based on current fashion trends and market competition.
- Gather and evaluate vendor quotations; negotiate pricing and terms effectively. Choose vendors based on cost efficiency, quality, and delivery timelines for assigned categories.
- Ensure adherence to product quality standards, aiming to meet and surpass customer expectations through thoughtful selection and pricing strategies.
- Analyze historical sales data to identify trends and evaluate item performance.
- Generate and assess reports to provide actionable insights.
- Conduct competitive shopping to evaluate products, pricing, and merchandising strategies.
- Track and monitor quarterly objectives and goals.
- Maintain designated profit margins and open-to-buy (OTB) for assigned categories.
- Assess vendor performance in terms of quality, pricing, and delivery to optimize the vendor base.
- Collaborate across brand, sourcing, marketing, and retail supply chain functions to inform merchandising decisions that drive business success.

Qualifications:
- Bachelor's degree required
- 3-5 years of experience in retail buying
- Strong analytical and problem-solving capabilities
- Proficiency in Microsoft Excel and database management, including the ability to create spreadsheets and macros
- Experience with MicroStrategy reporting is advantageous

Interested in learning more? We invite you to explore this opportunity further.

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