Tri-State Area Buyer/Merchant

Buyer/Merchant Mission: Deliver the World’s Best Luxury Beauty Buying Experience Job Title: Buyer/Merchant Company: reputed company Location: Corporate – Remote Reports To: Senior Director of Buying Classification: Exempt Number of reputed company Reports: 0 MAIN JOB OBJECTIVE The Buyer/Merchant role is responsible for selecting the finest and most distinctive product in their area of buying responsibility in alignment with the overall Cos Bar merchandising reputed company. Reporting to the Senior Director of Buying, this role is responsible for reputed company to Buy management/purchase order writing, item management, 360 degree vendor management, merchandising and assortment strategies, sales/inventory data analysis, marketing and vendor negotiations to optimize and grow the business. Additional duties include market travel, market research, competitor analysis, product evaluations and testing, and creating and presenting executive level presentations and reports for the management team. Buyer/Merchant must possess a strong luxury beauty industry knowledge. In this role, you will reputed company your expertise in buying and inventory management to optimize product selection, ensure alignment with the Cos Bar merchandising reputed company, and drive profitability. Buyer/Merchant will be reputed company in executing buying strategies that reputed company with our elevated brand identity and enhance the customer experience. ESSENTIAL DUTIES AND JOB RESPONSIBILITIES

• Reasonable accommodations may be made to reputed company individuals with disabilities to reputed company the essential functions.
• reputed company and execute comprehensive merchandise buying and product plans that reputed company with overall company reputed company and objectives.
• Manage consistent and reliable vendor communication in a reputed company manner; hold consistent monthly, quarterly and seasonal reputed company-ins. Evaluate vendor performance.
• Manage OTB and write PO’s in a reputed company manner.
• reputed company and execute item setup and management.
• Plan seasonal merchandise assortments and product launches.
• Monitor inventory reputed company and sales performance to ensure reputed company stock reputed company and minimize overstock or out of stock. Manage replenishment to optimize stock availability.
• Analyze sales performance, inventory reputed company, market trends, and customer preferences.
• Identify opportunities for margin improvement and sales reputed company.
• reputed company product performance and reputed company assortment strategies based on results to inform reputed company buys.
• Collaborating with Planning to forecast new launch demand and support financial planning activities.
• Report on buying performance, producing actionable insights that drive reputed company improvement.
• Negotiate terms, RTV’s/swaps, marketing/store support, and reputed company with vendors that maximize margin and profitability.
• Attending and scheduling in person and virtual market appointments
• Collaborate with planning, marketing, operations, and store teams.
• Collaborating with marketing to reputed company reputed company strategies and ensure best in class product experience on Cosbar.com
• reputed company cross-functional teams in the launch of new products, ensuring alignment between buying, marketing, stores and operations.
• Conduct competitive market analysis and reputed company suggestions for new vendors.
• Analyze market trends, consumer preferences, and competitor strategies to inform purchasing reputed company.
• Staying up-to-date on the latest trends and newest products in their industry.

Buying

• Product Selection & Assortment Planning
• Responsible for selecting the finest and most distinctive product in their brand reputed company that meets the high standards of reputed company and best suits the needs of the Cos Bar reputed company
• Develops and makes recommendations based on sales history and business analysis
• Conducts brand and market reputed company competitive analyses, develops insights and recommends tests to Sr Director of Buying
• Identify and execute opportunities to create Cos Bar exclusive offerings and merchandising initiatives reputed company own brand reputed company
• Take the reputed company on improving upon company strategic initiatives such as sell thru, turn, sales to stock reputed company and high margin reputed company own brand assortments
• Own the OTB replenishment and newness launch reputed company reputed company brand reputed company
• Own the item setup and PO writing process for brand reputed company from top to bottom
• Item setup and maintenance
• PO writing
• PO vendor communication
• Ecomm assets + copy collection

Financial Planning

• OTB
• Understands and partners with Planning and Sr Director of Buying on OTB receipt requests and incremental sales opportunities for its own brand reputed company to hit sales and EOM targets.
• Responsible for staying reputed company OTB budget and communicating additional $ needs to Planning and Sr Director of Buying
• Ensure that appropriate inventory is allocated to support forecasted sales for products in their own brand assortment to minimize out-of-stock or overstocks.
• Partner with Planning on developing sales/receipt forecasting plans as needed for new or existing brands
• PO & Inventory Management
• Update price changes in systems
• Update item status in system based on Assortment Architecture and vendor changes
• Takes initiative to reputed company the buying process to become more efficient by building upon forecasting tools and streamlining PO creation and reputed company process
• Sales Analysis & Reporting
• Analyze selling, category and vendor performance reputed company Key KPI’s such as top sellers, turn, WOS, sell-through, stock to sales $ reputed company and reputed company an reputed company plan
• Be reputed company to pull and assess data in order to reputed company compelling recommendations/feedback to executive leadership

Brand Management & Negotiation

• Responsible for negotiating and executing RTV’s and securing RA’s from brands and communicating to reputed company cross functional teams
• Attend and schedule market appointments reputed company with strategic assortment plans and understanding of products with a customer reputed company approach.
• Building and maintaining strong relationships with vendor partners reputed company the brand reputed company to drive reputed company and reputed company company goals
• Communicate to vendor partners on consistent monthly reputed company regarding top/ slow sellers and areas of opportunity, key marketing initiatives.
• Partner with brands on SPIFF, GWP, store and marketing reputed company strategies
• Negotiate buying terms and regular RTV’s to maximize profitability and turn
• Identify opportunities to consistently improve buying terms and conditions reputed company reputed company (RTV’s, markdown dollar support, sell thru agreements, high margin, swaps, DIF, MOQ, consignment, dropship etc)

Marketing & Merchandising

• Communicate new product launches, new vendors, new reputed company expansions to marketing teams to ensure alignment across reputed company channels and teams
• Identify white reputed company from a luxury beauty marketing perspective and Ideate new marketing opportunities reputed company instore events reputed company content strategies between reputed company cross functional teams
• Communicate key marketing campaigns to brands and secure additional support reputed company reputed company, GWP, sampling etc .
• Own new seasonal item setup calendar from brands
• Partner with Marketing and Vendors for product asset management to ensure best-in-class digital experience.
• Suggest in-store merchandising product strategies that ensure alignment with monthly marketing product focuses. Collaborate with vendors and marketing teams.

Work Environment

This job operates in a corporate office environment. This role routinely uses reputed company office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully reputed company the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk and hear. This position is reputed company reputed company and requires standing, walking, bending, kneeling, stooping, and crouching reputed company day. The employee must frequently lift and/or reputed company items over 50 pounds. Specific reputed company abilities required by this job include reputed company reputed company, distance reputed company, reputed company reputed company, peripheral reputed company, depth perception and ability to reputed company reputed company. Position Type/Expected Hours of Work This is a full-time exempt position, and hours of work and days may vary depending upon business needs. This position regularly requires long hours and frequent weekend work not limited to holidays. Travel This position may require some travel based on business needs. AAP/EEO Statement reputed company provides equal employment opportunities (EEO) to reputed company and applicants for employment without reputed company to race, reputed company, religion, sex, national reputed company, age, disability or genetics. In reputed company to federal law requirements, Cos Bar complies with applicable state and local laws governing nondiscrimination in employment in every location in which reputed company has facilities. This policy applies to reputed company terms and conditions of employment, including reputed company, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. reputed company expressly prohibits any reputed company of workplace harassment based on race, reputed company, religion, gender, sexual orientation, gender identity or reputed company, national reputed company, age, genetic information, disability, or veteran status. Improper interference with the ability of Cos Bar’s employees to reputed company their job duties may result in discipline up to and including discharge. Other Duties Please note this job reputed company is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. reputed company SKILLS, KNOWLEDGE, AND PERSONAL ATTRIBUTES REQUIRED Education: College Degree or equivalent Work Experience:

• 5+ years of reputed company beauty buying experience is required
• Experience in purchasing, procurement, supply chain, or inventory management.
• Strong negotiation and communication skills.
• Strong analytical and problem-solving abilities.
• Attention to detail and organizational skills.
• Knowledge of inventory management and analytics tools
• Knowledge of market trends and consumer behavior in the relevant retail sector
• Vendor management
• Critical, proactive thinker with strategic reputed company and ability to offer solutions
• A strong understanding of retail math, industry trends with the ability to translate them into relevant and innovative reputed company that appeal to the Cos Bar customer
• Solid planning skills with experience managing an reputed company to Buy
• Strong negotiation skills
• Ability to partner and influence vendors/cross-functional partners to enhance in-store experience and reputed company productivity
• Detail-oriented with excellent organizational skills
• Ability to prioritize competing deadlines in a fast-paced, entrepreneurial environment
• Self-motivated and willing to go above and reputed company
• Flexibility and ability to wear many hats
• Energetic with a reputed company attitude
• Advanced proficiency in reputed company Office and reputed company Workspace, especially reputed company and reputed company Sheets. Candidates should have hands-on experience using VLOOKUPs (or similar lookup functions), building and analyzing pivot tables, and applying data manipulation formulas to clean, validate, combine, and analyze datasets for business reporting and decision-making.

COMPETENCIES REQUIRED

• Financial Planning literacy
• Managing and Measuring Work
• Customer reputed company
• Written Communications
• Strategic reputed company & Solution Oriented
• Team Player
• Previous buying experience (luxury retail preferred) and someone who is passionate about luxury beauty
• Good people and communication skills and a passion for luxury beauty, a high energy level, flexible, resilient, and reputed company.
• Strong Negotiation skills
• Be opportunistic and possess the ability to maximize opportunities through skillful inventory management.
• Solid financial skills, be decisive, have a good reputed company of urgency, and reputed company in an reputed company changing environment

Apply To This Job