Assistant Buyer, Stationary

1 month ago


Philadelphia, United States Five Below Full time

At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff Just ask any of our over 20,000 associates who work at Five Below and they’ll tell you there’s no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in.

It’s all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace

Qualifications:

Bachelor’s degree required 

Must possess a demonstrable knowledge of evolving trends 

Demonstrate willingness to learn and embrace all aspects of merchandising, including product development, planning, distribution, domestic and overseas manufacturing 

Ability to absorb and learn in a quick-paced environment 

Ability to prioritize and deliver on deadlines 

Must have strong written, verbal and computer skills 

Job Responsibilities: 

Assortment Execution 

Run reports and analysis as needed for the Buying team in a timely and correct manner 

Work with team to suggest newness to add freshness to the assortment 

Suggest category extensions/web growth initiatives to further category growth 

Purchase order management 

On-order and purchase order tracking 

Ensure successful preparation for styleouts and walkthrus 

Product Development 

Take ownership of sample management 

Relay design comments to vendors on development samples 

Ensure all final samples are available for ads, floorsets and styleouts 

Aid in the development and assortment of specific classes and product lines to deliver trend-right merchandise 

Reviews packaging/verifies testing with compliance. Follows through with samples to ensure quality received matches what was ordered 

Creates product briefs when developing new items and works with PD to execute the item 

Executes Comp Shop recaps and analysis 

Market Skills and Awareness 

Represent Five Below with integrity 

Maintain awareness of trends from comp shopping, social media, trade shows and market appointments 

Work with Buyer to negotiate favorable costs, terms and conditions with all vendors 

Systems and Processes 

Manages the PO entry and revision process from item creation to confirming the PO details with the vendor 

Follows up with cross-functional teams including supply chain, merch ops and planning to make sure items and POs are being approved in a timely manner 

Utilizes BI Reporting and IP to analyze selling and create reports as needed 

Run and update ladder plans to provide framework for business insights 

Manage shipment tracking and communicate any issues between merch team, DC team and vendors.

Facilitate process of MOS, Markdowns, RTVs, Attribute creation, deal pricing, marketing project requests and chargebacks 

Communication 

Develop relationships with cross-functional teams such as finance, merch ops, allocation, planning, marketing, customer service and supply chain 

Aid in the resolution and communication of issues and solutions at the DC including overages, shortages, UPC discrepancies and import order delays 

Maintains open communication with vendor community on a daily or weekly basis 

Career Path : An Assistant Buyer should expect to spend 2-4 successful years gaining experience and mastering the required skills prior to consideration for promotion to Associate Buyer level. Constantly demonstrating initiative and a desire to learn and grow will help in achieving growth. Must exude the Five Below way through embracing core values. 

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us


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