Virginia Beach, VA, USA
Posted 7 hours ago
Full timeRetail
Job Summary:

Assists the Buyer is responsible for the development and execution of all merchandise stock assortments and promotional plans for assigned departments. Has limited Open-to-buy authority. Works closely with Buyer and Planner Distributor to plan and execute sales gross profit and stock turn plans.

Duties And Responsibilities

  • Works under the supervision of a Buyer who retains overall responsibility for managing assigned merchandise categories/lines. The Associate Buyer performs the following duties within limits established by the Buyer. Work is reviewed at key points within the buying/planning process to ensure work meets established objectives.
  • Analyzes market trends and offerings to develop and execute merchandise stock assortments, business strategies, and goals for assigned merchandise lines/departments.
  • Negotiates with vendors within established limits to obtain the most favorable prices and allowances to achieve sales and profit objectives for essential and advertised merchandise.
  • Where required, works with vendors to ensure that all vendor's in-store sales staff is trained, meets all NEX standards, and schedules all necessary and negotiated staffing hours.
  • Responsible for the development, execution, and maintenance of the Master Stock Assortments (MSA).
  • Works with other codes to develop space allocation, adjacencies, and planograms for store sets and renovations.
  • Develops and executes advertising plans for assigned departments. Oversees order placement and tracking to ensure timely receipt of merchandise.
  • Works with buyers to prepare information tools, training materials, and training seminars for store associates.
  • Works closely with the Planner/Distributor to plan annual and seasonal sales, gross profit, and stock turn.
  • Works closely with the Planner/Distributor to determine and execute automated replenishment methods.
  • May be assigned responsibility for supervising and developing a subordinate staff consisting of Assistant Buyers, Merchandisers, and Pricing Specialists, as appropriate.
  • Conducts store visits as appropriate to evaluate merchandise presentation, customer demographics, stock assortments, and inventory levels. Works closely with store management to address and maximize business opportunities.
  • Attends trade shows and markets as appropriate.
  • Works with Planner/Distributor to determine optimal order size, inventory levels and allocations needed to achieve merchandising and financial goals.
  • Analyzes financial performance using tools such as, but not limited to, Data Warehouse and Category Scorecard to ensure established goals are met and take appropriate corrective action when necessary.
  • Prepares merchandise information manuals, monthly information bulletins, and associate training seminars as appropriate.
  • Maintain collaborative partnerships with vendors and internal and external colleagues.
  • Performs other related duties as assigned.
  • Works under the close supervision of a Buyer. Operates independently within the authority delegated by the Buyer. Performance is evaluated on operational performance, skill evaluations, customer service, collaboration and teamwork, leadership, and established individual performance objectives.
  • Exercises independent judgment and approval in routine and non-routine situations. Consult with the supervisor on such issues as policy matters, deviations from normal procedures, or unusual circumstances.

The incumbent of this position must file a Financial Disclosure Report (OGE) Form 450, as required.

Primary LocationUnited States-Virginia-Virginia Beach



ScheduleFull-Time (35 + hours)

Unposting DateDec 1, 2023, 10:59:00 PM

A total of 5 years of experience, consisting of the following:General Experience: 3 years of experience gained in professional, technical, or other responsible work, which enabled the applicant to gain knowledge of retail practices; demonstrated skill in dealing with others in person-to-person work relationships; the ability to analyze problems and exercise mature judgment.

OR Substitution of education for experience: 1 year of academic study above the high school level may be substituted for 9 months of experience, up to a maximum of a 4-year bachelor's degree for 3 years of general experience.

AND Specialized Experience: 2 years of progressively responsible substantive experience, which provided background in:

>Procurement practices, methods, and procedures

>Developing and maintaining open-to-buy

>Selecting sources of supply

>Planning stock assortments

>Review of merchandise for pricing, markdowns, and stock rotation

>Planning and developing sales promotions

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