Sr Buyer-Decor
At Home
Job Summary
The Senior Buyer is responsible for the overall merchandising direction of a category or department with the goal of meeting/exceeding sales, margin and turn targets. Buyers maintain a singular focus on the product and customer by incorporating competitive intelligence, customer insight, and business analysis. Buyers are responsible for building the assortment plan that leads to the purchase and negotiation of merchandise with key product partners. Buyers partner with Planners & Sourcing Managers to develop strategies to maximize business opportunities and manage the Open to Buy in-season.
Key Roles and Responsibilities Develop and execute merchandise strategies and assortment plans in partnership with planning, based on customer preferences, to deliver financial goals and business objectives React quickly and decisively to business opportunities to achieve and consistently maintain positive comp sales growth and increased comp margin Responsible for weekly, monthly and quarterly reporting of department results Partners with Planner on development of merchandise financial plans and by-door assortment strategy by providing regular and timely input Establishes deadlines and process within buying office ensuring company due dates and timelines are met Effectively manage inventory and identify risks in assortment in partnership with planning Build and maintain strong partnerships with product partners Responsible for Product Development and Selection of merchandise supporting department strategy Partner with direct sourcing on achieving margin improvement opportunities & negotiation of best costs Optimize product partner matrix in partnership with direct sourcing Identify business opportunities and risks in-season through analyzing sales performance and gathering marketplace information in partnership with planning; Implement strategies to ensure plans are achieved. Partner with Planner on open-to-buy process to manage business in-season and maximize opportunities Review markdown candidates and make suggestions on additions/deletions in partnership with planning Lead structured comp shop initiatives that inform strategic adjustments to assortment Travel to all necessary markets and identify product opportunities Build a high-quality buying office by developing partnerships, leading, coaching and providing constructive feedback Supports initiatives to develop and maintain best practices to constantly improve efficacy and efficiency of the merchandising organization Lead or participate in special project committees Mentor & train others across the organization Leads development and implementation of reinventions, visual initiatives, EDLP + and collaborations including coordination with cross – functional partners Partner with Marketing and Digital to achieve strategic business objectives
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