Procurement Associate

2 weeks ago

Las Vegas, Nevada, United States WHSmith North America Full time

Company Overview:

WH Smith is a prominent global travel retailer with a vast network of over 1,700 locations across 30 countries. WHSmith North America, which includes Marshall Retail Group (MRG) and InMotion, constitutes a significant portion of the Company’s international presence, featuring a diverse range of successful specialty retail outlets situated in airports and resorts throughout North America.

About Marshall Retail Group: This division is dedicated to crafting unique shopping experiences by developing distinctive retail concepts that celebrate the local culture and lifestyle of the communities they serve. InMotion Entertainment Group stands as the largest electronics retailer in airport settings globally, offering a wide array of lifestyle products and electronics tailored for both business and leisure travelers.

Position Overview: The Associate Buyer plays a crucial role in curating and managing the ideal product assortment for our clientele, focusing on specific departments within a broader buying framework. This position involves analyzing market trends and collaborating with suppliers and the supervisory Buyer to formulate effective category and supplier strategies. The Associate Buyer is accountable for achieving sales, margin, and turnover objectives for their designated buying areas while providing support to the Buyer for additional departmental needs.

Key Responsibilities:

  • Formulate and implement merchandise assortment strategies to meet or surpass financial targets.
  • Oversee product development in alignment with property brands and departmental concepts.
  • Initiate purchase orders and manage product assortments across stores.
  • Collaborate with vendors to address purchase order discrepancies and compliance matters.
  • Work alongside the Planner to manage and adhere to the Open-to-Buy (OTB) budget.
  • Maintain effective communication and partnerships with the Buyer, Planner, Store Managers, Regional Managers, and other team members.
  • Negotiate with suppliers to secure optimal terms for maximum margin outcomes, including supplier income and competitive pricing.
  • Conduct business analysis at various levels including division, department, class, subclass, attribute, and store level.
  • Prepare for and engage in regular merchandising meetings such as Weekly Performance Meetings and Month End Reviews.
  • Conduct store visits to assess assortments, presentations, stock levels, and gather feedback from store personnel, as well as analyze competitors for pricing and market trends.
  • Collaborate closely with the Planner to manage allocation, reorder processes, and product lifecycle, including promotions and markdowns.
  • Attend industry trade shows to discover new vendors, engage with existing partners, and identify emerging trends.

Qualifications:

  • Minimum of 2 years of experience in retail buying, preferably in logo, private label, or fashion sectors.
  • Bachelor's degree is preferred.
  • Strong understanding of assortment planning and commercial analysis.
  • Proficient in Microsoft Office Suite, particularly Excel.
  • Knowledge of retail mathematics.
  • Highly organized, detail-oriented, and possess strong time management skills.
  • Ability to take initiative and thrive in a fast-paced, dynamic environment.

Benefits:

  • Comprehensive Medical, Dental & Vision Insurance.
  • Complimentary Life Insurance.
  • Short- & Long-Term Disability Insurance.
  • Generous Paid Time Off.
  • 401k plan with company matching.
  • Exceptional Employee Discounts at all stores.
  • Opportunities for Career Advancement.

Diversity Commitment:

WH Smith North America is dedicated to fostering a diverse workforce. Qualified candidates will be considered without regard to race, color, religion, sexual orientation, national origin, age, gender identity, gender expression, military/veteran status, marital status, disability status, or any other legally protected status. At WH Smith North America, we value each individual’s passion and skills in contributing to a dynamic and inclusive workplace.

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