Buyer / Senior Buyer

Hibbett Retail, Inc.

$70K — $95K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in merchandising or a related field or equivalent experience.
  • 5+ years of experience for Buyer and 7+ years for Senior Buyer roles.
  • Experience in retail, particularly in footwear merchandising.
  • Strong strategic thinking skills and advanced business acumen.

Responsibilities

  • Lead and mentor merchandising team members for skill development and knowledge transfer.
  • Manage larger volume or complex product categories for greater strategic impact.
  • Research consumer behavior and market trends to forecast demand and inventory needs.
  • Negotiate purchases and vendor terms to optimize product assortment and profitability.
  • Develop sales plans aligned with organizational goals and financial targets.
  • Communicate with field representatives to address regional needs and requests.
  • Prepare purchase orders and enhance efficiency in legal compliance and business transactions.

Benefits

  • Mentorship opportunities to develop future merchandising leaders.
  • Exposure to cross-functional collaboration with various teams including marketing and finance.
  • Participation in vendor meetings and industry shows to stay current with market trends.
  • Opportunities for continuous improvement and strategic project involvement.
Full Job Description
HB: 00015 Store Support Center

R301US Hibbett Retail, Inc.
SUMMARY

The Buyer / Senior Buyer is responsible overseeing purchasing, distribution, merchandise management for assigned team and category(ies), developing, and executing a ''toe to head'' merchandising strategy for all the organizations stores that achieves key performance indicators.  Identifies optimal product assortment for the organizations stores based on sales, inventory turn, margins, customer data, and market trends.  Plans assortments, negotiates with suppliers, and works collaboratively with planners, allocators, and other buyers.
Collaborates with the organization business partners to ensure merchandising goals are met.  Negotiates, selects, and purchases the best products and quantities to meet key performance indicators and monitors those key indicators daily.  Mentors and coaches more junior merchandising associates.  Responsible for the overall financial performance of assigned merchandise areas including sales, margin, inventory turn, and GMROI.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Leads and mentors merchants in all aspects of business and professionalism for knowledge transfer, skill development and team cohesion.
  • Takes on additional projects to help drive future efficiency with systems and processes continuous improvement, anticipating future needs and employment development.
  • Manages larger volume or complex category(s) of business for economic scale, strategic impact and risk mitigation.
  • Facilitates change adaptability to other members of the merchandising team.
  • Researches market trends, consumer buying behaviors (internal and external), and competitors' strategies and actions, to forecast product demand, projected inventory requirements, and sales levels.
  • Develops sales and merchandises plans to achieve key performance indicators and financial objectives that are aligned to the organization's business plan and financial targets.
  • Negotiates terms of buys, profitability, shipping, marketing proposals, and product selection with vendors to ensure optimal product selection is achieved.
  • Builds and manages vendor relationships to ensure the organization receives product assortments that match customer demographics and buying patterns. Communicates with vendors to respond to current conditions and in anticipation of future requirements.
  • Works with Assortment Planning team to build relevant assortments for stores each season ensures that stores offer relevant, profitable assortments tailored to customer needs.
  • Prepares, creates, writes,, and issues purchase orders and change notices these processes enhancing efficiency, transparency, and legal compliance in business transactions.
  • Executes markdowns on slow product to manage aged inventory and keep turn and profitability at appropriate level In summary, markdowns help manage aged inventory, maintain profitability, and keep inventory turnover at appropriate levels.
  • Reviews market and delivery conditions to determine present and future merchandise availability and prepares market analysis reports. Identifies risks and opportunities by category and manage processes to meet inventory and fulfillment goals.
  • Provides marketing department with samples, product flow, big stories, and direction regarding how to merchandise product in stores. This includes, but is not limited to, the tiered calendar, photo shoots, store directives, social media, email blasts, and vendor information and direction.
  • Communicates with field representatives, including district managers and regional managers as needed. Listens actively to geographic/demographic requests and addresses as appropriate.
  • Manages financial sheets with monthly sales, inventory, and profitability projections for the category of responsibility.
  • Participates in monthly EOM financial meeting to inform planning and management teams of the state of the business.
  • Problem solves shipping and packing issues. Tracks orders to ensure they are being allocated correctly and on time. Managing inventory flow to ensure appropriate levels.
  • Works with financial planners and divisional merchandise managers on creating and maintaining yearly sales plans.
  • Communicates and coordinates with allocation and planning to allocate and manage inventory levels and products in stores. Instructs allocation team on how to execute the needs of the buy of products and merchandising vision.
  • Attends major shows and vendor meetings throughout the year as appropriate ensuring product lines are current, and capitalizing on new trends and/or products.
  • Reviews new and current vendors to meet receipt and white space as needed.
  • Meets/Exceeds store visit requirements as determined on a quarterly/yearly basis. Shops competitor locations consistently to stay on top of product trends in their locations.
  • Protects company's assets and financial information by ensuring the accuracy and effectiveness of internal control procedures and informing management and/or appropriate officials of potential fraud risk.
  • Travel is required up to 25% of the time.

SUPERVISORY RESPONSIBILITIES

  • No direct supervisory responsibilities. Coaches and mentors more junior merchandising associates.

QUALIFICATIONS

  • Bachelor's degree in merchandising or a related field or equivalent experience.
  • 5+ years for Buyer and 7+ years for Sr. Buyer of related experience.
  • Experience working for a retail company, specifically footwear.
  • Proficient in strategic thinking and have advanced business acumen organizational success by aligning actions with broader objectives.

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