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Product Sourcing Manager

2 months ago

Indianapolis, Indiana, United States LIDS Full time

Job Summary

We are seeking a highly skilled and detail-oriented Associate Procurement Specialist to join our Buying and Merchandising team at LIDS Retail. As a key member of our team, you will be responsible for analyzing sales, inventory levels, and purchase orders to make informed buying decisions that maximize profitability.

Key Responsibilities

  • Provide data-driven insights to Buyers to inform purchasing decisions and ensure maximum effectiveness of reporting.
  • Curate and maintain a comprehensive assortment plan of licensed and non-licensed apparel, including local brands and teams.
  • Manage individual performance plans and provide guidance to merchandisers to ensure knowledge, accuracy, efficiency, and sound judgment.
  • Analyze sales, orders, inventory, and trends to make accurate and efficient buying and allocation decisions.
  • Collaborate with Buyers to manage product performance and achieve financial goals.
  • Write purchase orders and review replenishment by store to ensure optimal opportunities and minimize liabilities.

Additional Responsibilities

  • Develop strong working relationships with colleagues and vendors.
  • Identify and review market trends and competition to inform business decisions.

Requirements

  • Bachelor's Degree in Fashion/Apparel Merchandising or related field.
  • Minimum of two years direct-related retail buying or retail management experience.
  • High degree of proficiency in MS Excel, Outlook, and Internet applications.
  • Excellent analytical, problem-solving, decision-making, organizational, interpersonal, and math skills.
  • Strong, professional, and effective verbal and written communication skills.
  • Ability to foster a positive and motivating work environment, encourage feedback, and innovation.
  • Self-motivated with critical attention to detail and deadlines.
  • Ability to adapt well to change in direction and priority in a fast-paced and deadline-oriented environment.