Senior Buyer
4 days ago
The Senior Buyer at Bespoke Post is a pivotal role focused on curating and developing our in-house brands and selecting top-tier products from third-party vendors. This role requires strong business acumen and a comprehensive understanding of the customer, product life cycle, retail mathematics, and effective inventory management strategies. With an eye for innovation and quality, you'll align new products with our brand ethos and drive growth within your category. In this role, you'll work out of our NYC office at least 3 days per week. You Will:
- Balance and optimize the product mix between in-house and third-party offerings
- Identify and cultivate new in-house brand products that align with our ethos
- Develop and implement various Box concepts monthly for our categories by brainstorming themes, discovering new vendors and opportunities, planning product selections, negotiating prices to enhance margins, and organizing sales and inventory strategies
- Create detailed profit and loss statements for each proposed Box and conduct a comprehensive financial analysis
- Collaborate with the Creative team to produce engaging and cohesive Box content, including visuals, copy, and narratives
- Work closely with the Membership team to predict trends and ensure that Box selections are strategically aligned and complementary with the Shop offerings
- Contribute to the development and management of monthly Box Briefs to consolidate all relevant information
- Serve as the primary liaison between external account representatives and internal stakeholders
- Lead negotiations on pricing, terms, and exclusivity with vendors
- Maintain high-quality standards and ensure brand-fit consistency
- Manage Open-to-Buy (OTB) budgets to align with business goals
- Analyze product performance and manage stock levels efficiently
- Stay ahead of market trends and customer preferences
- Conduct competitive analysis to seize new opportunities
- Drive category-specific growth
- Manage an Assistant Buyer and provide guidance and support to them
- Cultivate a proactive and collaborative team environment
- Streamline processes and tools for efficiency
- Engage with CX inquiries
- Travel to trade shows and host vendor meetings to strengthen partnerships
- Work with planning and creative teams to develop annual goals and other strategies
- Align product messaging and narratives with the Senior Director
- Develop weekly reporting meetings to discuss key performance indicators
- Lead quarterly Best/Worst product reviews
- Has 6-10 years of buying experience
- Has strong analytical and decision-making skills
- Has excellent negotiation and communication capabilities
- Is capable of managing multiple projects and priorities simultaneously
- Is willing to roll up their sleeves and be hands-on in operations
- Competitive base salary
- Company equity
- Opportunity for annual bonus
- Health, dental, vision, disability, and life insurance with FSA options and access to One Medical, Health Advocate, Teladoc, KindBody and Talkspace
- Unlimited vacation time
- 401k with nonelective company contribution of 3%
- $250 per month home office allowance
- Up to $500 per year learning allowance
- Paid parental leave
- Flexible schedule
- Up to $500 annual 1:1 donation match
- A free Bespoke Post box each month, plus additional discounts
- Regular team learning, social, and wellness events
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