Work in a fast paced buying and merchandising department for a major specialty retail company. You will participate in all aspects of Buying and Merchandising within the department such as analyzing sales, inventory levels, purchase orders, trends, profitability, competition, and work closely with the your supervisors to make decisions and determine the best direction for the distribution of product within certain categories or departments inside LIDS Retail to maximize the profitability of Lids Sports Group.
Principle Duties and Responsibilities
Provide data and analysis for Buyers. Responsible for sales recaps to ensure the buyer(s) is able to maximize the effectiveness of all reporting.
Management responsibilities that include administering and evaluating individual performance plans and provide proper direction to merchandisers to ensure knowledge, accuracy, efficiency and sound judgment is upheld to maximize the company's standards and performances.
Analyze reports with regards to sales, orders, inventory and trends to make accurate and efficient buying and allocation decisions that maximize the company's profitability.
Work in tandem with buyer(s) to manage the product performance in order to achieve all financial goals.
Write purchase orders.
Review replenishment by store and make proper adjustments to ensure the company is maximizing opportunities and minimizing liabilities.
Develop strong working relationships among colleagues and vendors.
Identify and review competition and trends in the marketplace to help reach and exceed financial goals.
Required Knowledge, Skills and Education:
Bachelor's Degree in Fashion/Apparel Merchandising or related field
Have a minimum of two years direct-related retail buying or retail management experience
High degree of proficiency in MS Excel, Outlook, and Internet applications
Excellent analytical, problem solving, decision making, organizational, interpersonal, and math skills
Strong, professional and effective verbal and written communication skills
Ability to foster a positive and motivating work environment, encourage feedback, and innovation
Self-motivated with critical attention to detail and deadlines
Ability to adapt well to change in direction and priority in a fast-paced and deadline-oriented environment