JC Penney

Associate Buyer

JC Penney$69K — $115K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years of merchandising experience, ideally in a large organization
  • Strong knowledge of buying and operations processes
  • Experience in assortment optimization and business planning
  • Proven supplier and price management skills
  • Solid decision-making and negotiation capabilities
  • Adaptable and resilient in a fast-paced environment
  • Proficient in Microsoft Word, Excel, and Outlook

Responsibilities

  • Develop customer-focused merchandise assortment plans based on business needs and market trends
  • Manage product placement, pricing, markdowns, and marketing for merchandise
  • Negotiate pricing and inventory with suppliers for assigned categories
  • Utilize open-to-buy strategies to maximize business opportunities collaboratively with Planners
  • Evaluate suppliers on product quality, pricing, and customer demand
  • Integrate various business functions into decision-making processes
  • Train and coach Assistant Buyers and Sr. Assistant Buyers

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Term life insurance coverage
  • Paid vacation and holidays
  • 401(k) savings plan with company match
  • Discount on JCPenney merchandise
Full Job Description
Overview

Associate Buyer

J.C. Penney Company, Inc.

Plano, Texas

The Associate Buyer works with the Buyer or Sr. Buyer in identifying, executing and communicating long term and seasonal merchandise strategies through the development of assortment plans. The Associate Buyer will control merchandising and marketing messages that meet or exceed sales, profit and inventory plans for JCPenney Stores and JCP.com

Primary Responsibilities:

Develop a competitive merchandise assortment plan that is customer focused and adjusts to sales plans based on competition, business needs, and fashion/industry trends

Manage all aspects of assortment, product placement, order writing, marketing, pricing, signing, and markdowns

Build strong product assortments with suppliers and negotiate pricing and inventory for assigned categories

Utilize open-to-buy to manage business pre-season and in-season while working in tangent with Planner to maximize business opportunities

Evaluate suppliers on new and existing products, including but not limited to quality, pricing, shipping time, customer demand and return on investment

Integrate brand, sourcing, marketing and supply chain functions into the merchandising process to make business decisions

Determine item lifecycles and exit strategies as well as identify items to maximize promotional and marketing strategies

Attend all market weeks, store trips, trade shows and conferences

Train and coach Assistant Buyers & Sr. Assistant Buyers

Core Competencies & Accomplishments:

College degree or equivalent business experience

Minimum 4 years merchandising experience; preferably with a large organization in a similar role

Thorough knowledge of buying and operations gained through progressive buying experience

Assortment optimization and Business Planning

Supplier and Price Management

Strong Decision Making ability and Negotiation Skills

Adaptability/Perseverance

Proficiency in Word, Excel, Outlook required

What you get:

We offer a competitive benefits package including medical/dental/vision, term life insurance, paid vacation/holidays, 401(k) Savings Plan with company match, and an associate discount on JCPenney merchandise.

Pay Range

USD $69,000.00 - USD $115,000.00 /Yr.

About JC Penney

J.C. Penney Corporation, Inc. is a retail company that sells merchandise and services through its department stores and website. The company offers a range of products including clothing, footwear, jewelry, beauty products, electronics, and home furnishings. J.C. Penney operates in the United States and Puerto Rico.
Learn more about JC Penney
Size
90,000 employees
Market Cap
$112
Industry
Founded
1902
5 Year Trend
-180%
NASDAQ

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