Job Description
POSITION TITLE: Buyer
POSITION PURPOSE:
Coordinate, execute and manage the activities of a Buying Department, classification or key programs, depending on scope and complexity. Assist the DMM in developing, executing and communicating a product strategy that meets or exceeds financial goals.
ESSENTIAL FUNCTIONS:
Analyze product trends and historical data at departmental/classification level. Support and compile data as needed to aid in developing seasonal strategies and financial targets. Attend pre-season meetings between buying and planning. Create, update, change, distribute and communicate assortment sheet changes to appropriate business partners on an ongoing basis. Provide input in line edit meetings. Provide support and compile data to aid in assessing product assortment. Participate in product review meetings with cross-functional teams. Participate in bottoms-up planning meetings that determine quantities for all styles, evaluate buys at style, class and department level against initial plans, and determine retail prices for all styles. Participate in management review meetings of bottoms-up plans. Provide support and compile data for Senior Management line reviews. Attend meetings as appropriate. Ensure the financial success of area by meeting or exceeding financial targets including sales, GM, GMROI and turn goals. Review sales performance and marketplace information to identify sales trends and business opportunities. Provide input and make recommendations to Manager on changes to future product assortments and strategies based on in-season analysis and observations. Provide input in sales forecast and OTB discussions that review sales and inventory against financial goals, and recommend changes to future order quantities, deliveries, pricing or markdown strategies. Develop expert knowledge of customer base by participating in local store visits. Evaluate product execution and point of view. Get customer and store associate feedback to communicate to management. Participate in competitive analysis of both direct competitors and stores we look to for trend inspiration by shopping their stores. Learn to evaluate product assortments, quality, pricing, merchandising strategies and business opportunities. Document as needed.
Participate in weekly cross-functional meetings to share information on current business issues. Communicate with Field to get input on sales, fit, etc. and then communicate to management.
Provide training and feedback as needed to peers, Associate and Assistant Buyers through on the job training, behavioral feedback and modeling, coaching and identifying opportunities for formal training. Work efficiently as a member of a cross-functional department team between Merchandising, Planning, Production and Distribution by focusing on team objectives and clear communication.
EDUCATION: Bachelor's Degree
YEARS OF EXPERIENCE: 2-4 Years
About the Department:
The Guess?, Inc. Buying department is seeking a dynamic individual to join their team. The department curates assortments, handles purchasing and pricing, and manages inventory levels to maximize profitability. Buyers collaborate closely with all levels of leadership, offering exposure to true visionaries. Buyers must have the ability to balance analytical and creative skills with a deeply rooted passion and understanding of fashion and product trends.
Location - City, Region or Area
Corporate - Los Angeles, CA
Location
LA – World Headquarters
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Salary Minimum
$80,000.00
Salary Maximum
$90,000.00
- Base salary will be determined on various factors, including but not limited to, market data, internal equity, relevant background, and experience for the specified role. GUESS? Corporate employees are eligible for benefits such as medical, dental, vision, life, 401k, tuition reimbursement, PTO, on-site gym, employee discounts and more!
