Buyer, Gourmet

World Market

$110K — $150K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of buying experience with a multi-unit retailer
  • Bachelor's degree required
  • Excellent analytical skills for trend forecasting and item management
  • Strong leadership and team collaboration skills
  • Proficient in Microsoft Office Applications (PowerPoint, Excel, Word)
  • Ability to identify and manage existing business while spotting future trends
  • Resourceful and possess critical thinking capabilities

Responsibilities

  • Develop and execute assortment strategies that align with financial goals
  • Create both core and seasonal products to engage customers
  • Analyze competition and market trends to enhance product offerings
  • Manage financial aspects of category including Open to Buy and Inventory Management
  • Review and analyze business performance to optimize strategies
  • Negotiate with vendors and manage sourcing relationships
  • Support marketing and advertising strategies to drive category sales

Benefits

  • Hybrid work model with up to 3 days at the Alameda, CA office
  • Opportunity for professional development and team leadership
  • Involvement in both domestic and international travel to trade shows
  • Engagement with competitive markets and hands-on vendor management
  • Collaborative environment fostering cross-functional relationships
Full Job Description


In this role, you will:

Own the Business: Develop and execute strategies
  • Strategically create assortments that meet financial metrics.
  • Develop core and seasonal products which excite our customers.
  • Build assortment plans through competitive shopping, working with vendors, and understanding trends.
  • Demonstrate a strong awareness of competition and the market.
  • Speak confidently about product vision and category performance to internal and external partners.
  • Travel to vendor factories and attend trade shows domestically and internationally (as appropriate for the business).


Drive the Business: Manage financial aspects and demonstrate strong business acumen and agility
  • Manage Open to Buy (OTB) and Buy Plans for designated category along with Inventory Management partners.
  • Actively manage the business both in forward planning and in-season execution.
  • Review business regularly; analyzing, summarizing, and making recommendations.
  • Quickly zero in on key business opportunities and create competitive and breakthrough strategies/plans.
  • Manage promotional strategies to maximize sales and profitability.


Manage sourcing relationships and internal communications for all customer-facing programs:
  • Manage vendor relationships: negotiate best possible pricing, handle quality assurance issues, organize claims preparation, return to vendor (RTV) process, vendor income support and track and resolve outstanding issues.
  • Identify, source, and onboard new vendors (working with agents and internal Vendor Relations teams).
  • Research, prepare, and present new product ideas and concepts to internal partners.
  • Provide Advertising, Marketing, Visual and eCommerce support needed to drive sales of your categories.
  • Confirm accuracy of all marketing exposure and signs.


Demonstrate strong leadership behaviors:
  • Demonstrate the ability to influence, make decisions, and act without having the total picture; comfortably handle risk and uncertainty.
  • Manage the professional development of one or more Assistant and/or Associate Buyers.
  • Build rapport quickly and establish positive and productive relationships with internal colleagues and external business partners.


You will spend up to 3 days per week on average at our Alameda, CA Home Office

What You'll Bring
  • Passion for the business.
  • A high level of business acumen, agility, and curiosity.
  • A keen eye for style and trends.
  • Strong leadership and team collaboration skills.
  • Resourcefulness: Critical thinking capabilities, creative problem solving, and taking appropriate risks.
  • Ability to identify, develop and manage existing business and spot future trends.
  • An enthusiasm for travel and exploring.
  • Excellent analytical skills; trend forecasting and item management.
  • Excellent planning and negotiation skills.
  • Excellent verbal and written communication skills.
  • Proven ability to develop subordinates.
  • Strong PC skills including Microsoft Office Applications such as PowerPoint, Excel, Word.
  • Minimum 5-7 years buying experience with a multi-unit retailer including domestic or foreign travel.
  • Bachelor's degree required.


CA Pay Range is $110,000 to $150,000 annually

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