Purpose: The Assistant Buyer provides operational support to the Buyer of an assigned category of business by contributing to merchandise selection in line with market trends, margin objectives, and broader strategic direction of the company.
Essential Functions:
Interacts with vendors to gather information for item setup, problem resolution and purchasing of product
Analyzes product performance and identifying growth opportunities and liabilities
Oversees purchase orders including order writing, changes, cancellations, ensuring key shipments are delivered and processed
Develops working knowledge of the buying functions including merchandise selection, negotiation, pricing, and store merchandising
Works as intermediary between buyers and vendors to resolve issues including out of stocks, cost adjustments and new product selection.
Reviews and analyzes daily/weekly reports, subsequently highlighting noteworthy achievements or possible concerns to the relevant buyer
Assists in plan-o-gram development
Assists in planning/coordination of availability of products for new store openings
Reporting Relationship: The Assistant Buyer reports into the Buyer
Major Interdependencies: Marketing and Communications, Planning, Supply Chain, Operations
Minimum Qualifications, Knowledge, Skills, and Work Environment:
Education and Experience: The combination of education and professional experience must exceed 3 years:
In a technical role: Requires 3 years in retail
A bachelor's degree in a business, marketing, or management program related to the functional area can count for 1 of the 3-year requirement
An MBA or a master's level degree in a program related to the functional area can count for an additional 1 years of 3-year requirement
In the industry: 3 years of retail experience
Specialized Training:
Training that leads to competency using financial tools; knowledge of concept profitability and how to use market trend information
Specialized Skillset/Competencies/Traits
Business acumen and also has the mindset required to understand the long-term implications of buying decisions and to advance the organizations goals
Demonstrated history of understanding the needs of the business, stakeholders, the employee population, and individual circumstances
Location: These positions are based at the Retail Center of Excellence in East Rutherford, New Jersey and requires regular/hybrid attendance.
Disclaimer:
All job requirements are subject to change to reflect the evolving position requirements or to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a threat or risk to the health and safety of themselves or other employees.
This job description in no way states or implies that these are the only duties to which will be required in this position. Employees will be required to follow other job-related duties as requested by their supervisor/manager (within guidelines and compliance with Federal and State Laws). Continued employment remains on an "at-will" basis.
Hudson and HMSHost are equal opportunity employers and do not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factors.