Cinnaminson, NJ, US
1 day ago
Sr. Merchandise Buyer

Sr Merchandise Buyer

The Senior Merchandise Buyer is a senior level consumer goods specialist within a retail or wholesale business environment. Working hands-on with cross-functional teams in sales, store operations, distribution and inventory management. This position is responsible for optimizing the overall product mix, increasing sales and gross profit margin. In addition to managing account portfolios, providing assortment plans, sales analysis and to support Jacent’s retail partners. This position is responsible for developing strategies and solutions to exceed company targets for sales and gross profit margin. Reports to the Director of Merchandise Buying.

Duties & Responsibilities

Analyze and maintain category assortments by account including making recommendations for promotions, new item introductions, item replacements, item discontinuations, and pricing.Evaluate items and programs based on quality, viability, sales history and profitabilityNegotiate pricing, make packaging/product recommendations and finalize production samples with existing and new suppliersTrack new items, promotional and program approvals while working with the distribution, store operations, and replenishment team for implementationCollaborate and communicate with internal departments and teams such as the Retail Sales Management teams and Sales department on account and promotional opportunities and to ensure the customer’s needs are getting metAttend relevant industry trade shows and conferences to evaluate industry trends, identify and source new itemsVisit Jacent’s retail partner stores as well as their competitors to assist with preparation of sales materials for account meetings for new item introductions, program opportunities, etc.Coordinate with product development team on new item opportunities and to assist in direct sourcing including partnering with our Asia team to create new products and oversee package designs  Perform category reviews based on a set review schedule Manage Associate BuyerUnderstand cross-merchandising mechanics and work collaboratively to fulfill category needsUnderstand and demonstrate safe work practices at all times to ensure a safe work environment.Comply with all company policies and procedures.Complete special projects and other duties as assigned by supervisor.

Knowledge, Skills, and Abilities

Excellent verbal, written, and organizational communication skillsExcellent mathematical reasoning skills; the ability to understand and analyze sales numbers, as well as use logic and analysis to identify the strengths and weaknesses of different approachesAbility to develop and maintain productive working partnerships, both within the company and with outside suppliersAbility to work in a fast-paced environmentAbility to multi-task and prioritize projects.Possesses a professional demeanor and positive attitudeProven analytical and problem-solving skills. Self-motivated with critical attention to detail and deadlineStrong sense of urgency and commitment to resultsWillingness to adapt to changing environment Commitment to excellenceWorks well and thrives in a team environment as well as independently Project management and proven leadership skillsAssortment planningMerchant IntuitionDirect sourcingProduct Development

Experience and Credentials

Bachelor’s Degree or equivalent experience 5+ years’ experience in consumer products related industries like retail, wholesale buying and/or food marketStrong computer skills including proficient competence with Microsoft Word, Excel, PowerPoint, and Outlook2-3  years supervisory experience 
Por favor confirme su dirección de correo electrónico: Send Email