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Fashion Watches Procurement Specialist
2 months ago
Position Overview:
The opportunity is focused on overseeing the procurement of fashion watches, emphasizing strategic vision and team leadership. This role involves managing a dedicated team of Associates, Merchant Coordinators, and Assistant Buyers to ensure alignment with business objectives.
Key Responsibilities:
Strategic Leadership
- Formulate and implement a strategic vision for the fashion watches category, catering to diverse cruise line profiles.
- Establish merchandising and presentation standards that align with the overall business strategy.
- Identify, develop, and negotiate with vendors to secure favorable terms and exclusive agreements.
- Set and monitor annual and seasonal performance objectives, adjusting strategies as necessary.
Assortment Development
- Create product assortments that resonate with the strategic merchandising vision and meet the needs of each cruise line.
- Manage assortment mix to ensure a balance of key items and unique offerings.
- Develop pricing strategies that communicate value and savings effectively to consumers.
- Oversee assortment planning to ensure appropriate product breadth and depth based on customer profiles.
Financial Oversight
- Collaborate closely with planning partners to establish sales and inventory plans.
- Regularly analyze business performance, focusing on key classifications and items.
- Manage inventory levels, ensuring timely markdowns and clean inventory processes.
- Develop competitive pricing strategies that provide advantages in the marketplace.
Team Development
- Build and nurture a high-performing team through effective hiring, training, and development.
- Conduct performance evaluations and provide constructive feedback to foster growth.
- Maintain open communication with retail leadership and other stakeholders.
Qualifications:
- 7-10 years of relevant experience in merchandise management.
- Bachelor's degree is required.
- Strong leadership and communication skills to effectively manage teams.
- Proficient in Microsoft Office applications, particularly Excel.
Travel Requirements:
Willingness to travel occasionally as needed.
Core Competencies:
- Customer Service Orientation
- Relationship Management Skills
- Business Acumen
- Results-Driven Approach
- Problem-Solving Abilities