Replenishment Buyer
Company | a.k.a. Brands |
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Location | San Francisco, CA, USA, Los Angeles, CA, USA |
Salary | $70000 – $80000 |
Type | Full-Time |
Degrees | |
Experience Level | Junior, Mid Level |
Requirements
- Have 2 + years’ experience as a planner/buyer
- Great data analysis skills
- Great communication and relationship building skills
- Ability to work autonomously
- Know and love our brand & product, connecting with our customer
Responsibilities
- Identify and purchase new & replenishment styles across multiple categories under the direction of the Director of Planning & Replenishment.
- All administrative tasks related to the accurate creation and maintenance of purchase orders for selected departments.
- Maintain your departments within 10 weeks of stock cover.
- Ensure all replenished items meet sizing requirements of AU 4-16, XS-XL and work with suppliers on adding additional sizes.
- Partner with leadership to create pre-season, item-level inventory and sales plans that align with product rankings, merchandising strategies, and tops-down financial goals.
- Increase margin for your departments by negotiating better costs with suppliers when placing replenishment orders.
- Spend full OTB each month, but not exceeding without leadership approval.
- Monthly closing stock on hand must have no more than 10% variance in excess of budget.
- Review top 20 sellers by region (US/AU) for departments each day to ensure no OOS on top sellers at a size variant level.
- Maintain accurate IP tags for all products within your departments.
- Review high return rates for items in your department and make informed decisions about improving the quality to reduce the return rate or ceasing to carry the style (Permission from leadership on top sellers).
- Order 10 weeks of cover from the landing date accounting for a 6-week lead time from suppliers.
- Ensure all replenished items are being purchased x-works unless prior approval from leadership.
- Zero top repeat styles with more than 2 sizes sold out.
- Each department has a full sweep conducted weekly in line with other weekly goals.
- Monitor your on-order filter to ensure your cover is still adequate based on recent sales trends.
- Form a cover plan for Chinese New Year in partnership with leadership.
Preferred Qualifications
- Problem solver
- Self-starter
- Optimist
- Enjoys collaborating