Assistant Buyer - Kay

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Signet Jewelers is the world's largest retailer of diamond jewelry, operating more than 2,800 stores worldwide under the iconic brands: Kay Jewelers, Zales, Jared, H.Samuel, Ernest Jones, Peoples, Banter by Piercing Pagoda, Rocksbox, JamesAllen.com and Diamonds Direct. We are a people-first company and this core value is at the heart of everything we do, from empowering our valued team members, to collaborating with our customers, to fostering the communities in which we live and serve. People – and the love their actions inspire – are what drive us. We’re not only proud of the love we inspire outside our walls, we’re especially proud of the diversity, inclusion and equity we’re inspiring inside. There are dynamic career paths awaiting you – rewarding opportunities to impact the lives of others and inspire love. Join us!

JOB SUMMARY:

The primary responsibility of the Assistant Buyer is to assist their manager on all aspects of the job. They are responsible for sourcing and developing product, pricing product, determining assortment groups, forecasting newness, and participating in competitive shops Weekly reporting and departmental reports.

MAJOR RESPONSIBILITIES/ESSENTIAL FUNCTIONS:

Product Development

• Develop understanding/knowledge base of the jewelry category for Special Events
• Work with the Manager to learn the elements of merchandising as it applies to their position.
• Overall understanding and maintenance of events merchandise category.
• Identify sales trends, develop new product designs for testing and assortment opportunities.
• Attend vendor meetings and actively participate in selection and review of product. Be the point person for meeting notes and follow-up.
• Instrumental in determining various marketing vehicles, SKU selection, new merchandise programs, sales trends, and assortments which lead to sales growth and overall productivity in their area.
• Be jointly accountable for the success of event specific merchandise category with regards to sales, inventory levels & gross margin goals, which are established by Management.
• Participate in on-going Competitive Shopping. Review our assortments as well as competitor to ascertain opportunities and advantages.
• Ability to adjust quickly to changing market trends, conditions, priorities, and corporate strategies.

• Setup sku’s, descriptions, retails, and attributes.
• Communicate and manage with vendors re: product qualities, costs, terms/ownership, delivery dates, return of merchandise requests.
• Establish retail prices in line with margin requirements.
• Responsible for updating departmental category assortment sheets, reporting, and analysis

• Weekly update and maintenance for SKU request and updates
• Daily review of vendor SKU discrepancy that requires research and resolution of item discrepancies, price change and attributes.
• Vendor Communications Proofing of materials to ensure accuracy including emails, web site, and in store signage.
• Merchandise items for all marketing channels, which are innovative and competitive within the marketplace.
• Attend meetings and provide merchandise status updates as needed.
• Complete and submit Project Request Forms and develop store communications.
• Work in collaboration with Visual Merchandising team for in-store presentations (planograms).
• Updates departmental reporting
• Actively participates in department trend discussions, ideation of new concepts and creation of trend boards.

: Bachelor’s Degree in Fashion Merchandising or related field preferred

Required or Acceptable Job-Related Experience: 1+ year prior buying experience preferred

Years of Job-Related Experience Required: 1+ years

Technical/Other Skills Required:

• Computer skills with basic knowledge of Microsoft Office
• Strong communication skills (both written and verbal), negotiation skills, attention to detail and accuracy, organizational skills, & math skills (ability to work with numbers and analyze data)

• Competitive healthcare, dental & vision insurance
• 401(k) matching after one year of employment
• Generous time off + company holidays
• Merchandise discount
• Learning & Development programs
• Much more!