- Achieves gross margin, sales and total inventory turn objectives for inventory
- Negotiate costs and terms of business with vendors
- Negotiate vendor support (co-op)
- Oversee and manage all vendor activities which often may include travel
- Selects and purchases merchandise including type, quality, source, timing, delivery, mix and promotion for assigned merchandise category
- Creates and implements plans to maximize gross profit by coordinating sales, gross margin, and inventory turnover
- Recommends and directs the development and implementation of category merchandise strategy and tactical plans
- Coordinates with the Marketing team to maximize merchandising opportunities
- Develops and communicates effective merchandising programs at store level
- Participates in evaluating new business opportunities consistent with short and long-term business strategies
- Monitors market prices
- Forecasts top selling items
- In partnership with the Sales and Product Quality teams, ensures merchandising standards are executed
- Collaborates with the following functional partners to achieve business and organization objective:
- Distribution and Transportation
- Sales/Marketing
- Operations
- Accounting
- Completes all other responsibilities as assigned
- B.S Degree in Merchandising, Marketing, or Business preferred
- A minimum of 3-5 years experience as a Buyer or Associate Buyer in the Consumer Electronics industry is required
- Strong negotiation skills needed; a proven track record of establishing and maintaining positive relationships with vendors is a plus
- Multilingual is a plus
- Strong verbal and written communication skills
- Strong analytical and math skills
- Must be able to handle multiple tasks simultaneously and work with speed and accuracy
- Must be a detail oriented team player
- Knowledge of purchasing and forecasting systems required
- Proficiency in MS Excel required
All your information will be kept confidential according to EEO guidelines.
