Leads the development, planning, execution and communication of a product strategy and assortment that meets or exceeds financial goals. Directs and manages the people and activities of the Buying team from a financial standpoint.
MONITOR PERFORMANCE TO ACHIEVE FINANCIAL GOALS a) Review actual sales performance weekly/monthly, then re-project in-season sales and inventories on a weekly/monthly basis, and recommend strategies to achieve financial goals. b) Collaborate with cross-functional team on basic replenishment style to optimize sales and inventory. c) Assist in presenting forecasted sales and inventory plans. d) Collaborate with peers to ensure consistency of information, share best practices and develop systems knowledge. e) Develop program assortment plans based on store levels, planned sales volume, fixture capacity, visual presentation guidelines and seasonal variances. f) Plan inventory levels to maximize sales. g) Monitor sales and inventory to ensure optimal store assortments. h) Analyze OTB and take action as necessary by reviewing sales and inventory against financial goals, and recommending changes to future order quantities, deliveries, pricing or markdown strategies.
DEVELOP SEASONAL STRATEGIES a) Ensure the financial success of one or more departments by developing plans that meet or exceed targets (sales, gross margin and inventory turn goals). b) Partner with Buyers to develop annual and seasonal department and class financial plans/location. c) Create pre-season sales and inventory plans by department, class and style and location recognize risks and opportunities within a plan.
FIELD COMMUNICATION a) Effective communication with stores to address individual store needs. b) Ensure optimal new store assortment plans and proper inventory levels.
Years of Experience:
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