Assistant Buyer

alice + olivia
New York, NY, USA
Posted 15 days ago
Full timeRetail Apparel and Fashion,Retail,Retail Luxury Goods and Jewelry

The Assistant Buyer provides operational support and assists the buyer with the selection and procurement of merchandise for the direct-to-consumer businesses, to support overall company sales, volume, gross margin, and turnover objectives.

Responsibilities:

• Manage the buys and in-season management for alice + olivia outlet location, while ensuring financial targets are met

• Assist the Buyer with product selection for alice + olivia brand on FarFetch

• Manage FarFetch sample send-outs, product turn-ins, process returns and markdown management

• Assist the Buyer with 3rd party collaboration buys for alice + olivia direct-to-consumer businesses

• Write all orders for area of responsibility and review all buys with management

• Track departmental receipts for all areas of responsibility

• Ensure all markdowns and promotions are entered and set up properly in retail systems

• Monitor RTV and damaged products to ensure stores follow transfer-out protocol

• Responsible for all order entry for the buying division

• Create 3rd party purchase orders and process receiving reports and invoices; submit to finance in a timely manner

• Create and distribute weekly and monthly selling reports and make business recommendations to management

• Participate in OTB discussions to develop understanding of key financial concepts and components

• Create and distribute Product Knowledge for retail division

• Effectively communicate with external sources

• Complete assigned tasks thoroughly, accurately and on a timely basis, while paying close attention to detail

• Regular, dependable attendance and punctuality

• Work cooperatively with others. Display a positive attitude and a willingness to assist all members of the buying team

• Eager to learn and assume additional responsibility

Qualifications:

• Bachelor's Degree in related field

• 1-2 years of buying office experience required

• Strong Excel skills

• Strong business analytical skills with knowledge of retail math and retail systems

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