Merchandise Buyer

  • Huntingdon Valley, PA

Compensation

: $89,120.00 - $138,780.00 /year *

Employment Type

: Full-Time

Industry

: Fashion



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Job Description

Merchandise Buyer

To be considered for this position please submit your application at:

The Merchandise Buyer is a consumer goods specialist with experience in a retail or wholesale business environment. Working hands-on with cross-functional teams in sales, store operations, distribution and inventory management the Merchandise Buyer is responsible for optimizing the overall product mix, increasing sales and gross profit margin. In addition, the Merchandise Buyer manages an account portfolio. The Merchandise Buyer provides assortment plans, sales analysis and to support Jacent's retail partners.

Merchandise Buyers are responsible for managing companywide strategies and tactics on new and discontinued items, category management and customer specific sales initiatives. Reporting to the Director of Merchandise Buying, the Merchandise Buyer is responsible for developing strategies and solutions to exceed company targets for sales and gross profit margin.

Duties & Responsibilities

  • Analyze and maintain category assortments by account including making recommendations for promotions, new item introductions, item replacements, and pricing.
  • Assess new and prospective suppliers
  • Attend relevant industry trade shows and conferences to evaluate industry trends, identify and source new items
  • Collaborate with Retail Sales Merchandisers and Sales teams on account opportunities
  • Direct sourcing and product development including partnering with our Asia team to create new products and oversee package design
  • Evaluate items and programs based on quality, viability, sales history and profitability
  • Negotiate pricing
  • Perform category reviews based on a set review schedule
  • Prepare sales materials for account meetings for new item introductions, program opportunities, etc
  • Understand cross-merchandising mechanics and work collaboratively to fulfill category needs
  • Visit Jacent's retail partner stores as well as their competitors

Knowledge, Skills, and Abilities

  • Ability to work in a fast-paced environment
  • Analytical and problem-solving skills
  • Assortment planning
  • Commitment to excellence
  • Developing and maintaining productive working partnerships, both within the company and with outside suppliers
  • Direct sourcing
  • Excellent organizational and analytical skills
  • Excellent verbal and written communication skills
  • Merchant Intuition
  • Multi-tasking and prioritization of projects
  • Product Development
  • Proven leadership abilities
  • Problem-solving
  • Project management
  • Results driven
  • Team building

Experience and Credentials

  • Bachelor's Degree in merchandising/ business or equivalent experience
  • 3-6 years experience in retail or wholesale buying
  • Proficiency in Microsoft Outlook, Excel, Access and Word

Full-Time/Part-Time

Full-Time

Exempt/Non-Exempt

Exempt

About the Organization

With the industry's largest database of retail intelligence, the deepest inventory of impulse products, and the most experienced team, we're the premier strategic merchandising partner to North America's retailers.

Jacent sources, warehouses, ships, and stocks over 3,500 impulse items to 14,000 retail stores across the US, Canada, and Puerto Rico. We create a strategic merchandising plan for each store-then place the ideal impulse items in the ideal locations, with follow-up re-ordering and re-stocking. In addition to our impulse business, Jacent offers retail insights and services, such as audits and shelf stocking, to help stores run at peak efficiency.

The result of our work is two-fold: By connecting consumers with the right items-even ones they didn't know they were looking for-we inspire shopping experiences. And in the process, we're helping our retail customers generate incremental sales. It's a win-win.

EOE Statement

The Company will make all employment decisions regarding employees and applicants for employment without discrimination or harassment based on race, color, religion, gender, national origin, sexual orientation, age, disability, pregnancy, marital status, veteran status, alienage or citizenship status, creed, genetic predisposition or carrier status, status as a victim of domestic violence, or any other category protected by federal, state, or local law.

Hours and Pay

Daytime Hours. Rate Pending Experience.

Location Information

Jacent Strategic Merchandising Corporate Office

860 Welsh Rd.

Huntingdon Valley, PA 19006

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Associated topics: buyer, display, inventory, purchase, raw material, ship, shipment, store, supplier, supply chain

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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