Welcome to Bloomingdale's - where fashion, style, and quality meet. We are currently seeking a highly experienced Senior Buyer to join our team and help curate our merchandise assortment. Our ideal candidate is a strategic thinker with a keen eye for market trends and a passion for delivering the best products to our customers. As a Senior Buyer, you will play a crucial role in driving sales and achieving business objectives. Are you ready to take on this exciting opportunity and make your mark in the fashion industry? Keep reading to learn more about the qualifications we're looking for.
- Develop and implement strategic buying plans in alignment with the company's overall merchandising goals and objectives.
- Conduct market research and analysis to identify emerging trends, competitive landscape, and customer preferences.
- Build and maintain relationships with vendors and negotiate favorable terms and pricing for merchandise.
- Collaborate with cross-functional teams including merchandising, marketing, and sales to ensure a cohesive assortment and effective promotions.
- Forecast and track sales performance, inventory levels, and profitability of product categories.
- Monitor and react to sales trends, inventory levels, and customer feedback to make informed buying decisions.
- Manage the selection and assortment of merchandise, ensuring a balance of fashion-forward and classic styles to meet the needs of our diverse customer base.
- Stay up-to-date on industry trends, competitors, and market shifts to inform buying decisions.
- Train and mentor junior buying team members, providing guidance and support in their professional development.
- Attend buying trips, trade shows, and industry events to source new products and build relationships with vendors.
- Work closely with the planning and allocation team to manage inventory levels and ensure timely and accurate product deliveries.
- Analyze sales data and present reports to senior management on buying strategies, performance, and opportunities for growth.
Extensive Retail Buying Experience: A Senior Buyer At Bloomingdale's Should Have At Least 5-7 Years Of Experience In Retail Buying, Preferably In The Luxury Or Fashion Industry. This Experience Should Include Managing Large Budgets And Negotiating With Vendors.
Strong Analytical Skills: A Senior Buyer Must Be Able To Analyze Sales Data, Market Trends, And Consumer Behavior To Make Informed Buying Decisions. They Should Also Be Proficient In Using Excel And Other Data Analysis Tools.
Knowledge Of Luxury And Fashion Brands: Bloomingdale's Is Known For Its Selection Of High-End Luxury And Fashion Brands. A Senior Buyer Should Have A Deep Understanding Of These Brands, Their Target Market, And Their Product Offerings.
Proven Track Record Of Driving Sales And Profitability: A Successful Senior Buyer Should Have A Track Record Of Increasing Sales And Profitability Through Effective Buying Strategies. This Includes Identifying New Product Opportunities, Negotiating Favorable Terms With Vendors, And Managing Inventory Levels.
Strong Communication And Negotiation Skills: As A Senior Buyer, You Will Be Responsible For Negotiating With Vendors And Building Strong Relationships With Them. Excellent Communication And Negotiation Skills Are Crucial To Ensure The Best Deals And Partnerships For Bloomingdale's.
Inventory Management
Procurement
Vendor Management
Supply Chain Management
Contract Negotiation
Negotiation
Budget management
Cost Analysis
Market analysis
Strategic
Trend Forecasting
Product Sourcing
Communication
Leadership
Time management
Interpersonal Skills
Organization
flexibility
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Senior Buyer in New York, NY, USA is $85,000 - $130,000 per year. However, this can vary depending on factors such as experience, industry, and company size. Senior Buyers in larger companies or those with more experience may earn salaries on the higher end of the range. Additionally, bonuses, benefits, and commission may also affect the overall salary for a Senior Buyer in New York, NY.
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Bloomingdale's, a division of Macy's Inc., is America's premier upscale department store, with a nationwide presence that includes 37 department stores and a growing number of Bloomingdale's The Outlet stores in 13 states. Our e-commerce site, Bloomingdales.com, is always open and fashionable, providing customers with a convenient and personalized shopping experience. Additionally, Bloomingdale's has expanded its international presence with a store in Dubai. We are committed to shaping our future by seeking talented and creative leaders who are passionate about retail and have an entrepreneurial spirit. We value collaboration, a strong interest in fashion, and a desire to grow both professionally and personally. At Bloomingdale's, we provide the tools and resources for our associates to thrive and reach their full potential. If you're looking for a fast-paced, exciting career in retail, Bloomingdale's is the perfect place for you. Join us and be part of a dynamic team that's dedicated to providing our customers with an exceptional shopping experience.
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