Buyer- Beauty

Moda Operandi, Inc
Brooklyn, NY, USA
Posted 1 month ago
Full timeManufacturing,Retail Luxury Goods and Jewelry

Moda Operandiis an e-commerce platform transforming the way people discover and shop for designer fashion. Through its innovative mix of commerce and content, Moda allows women to shop for what’s new and what’s next in designer fashion from the world’s leading emerging designers and luxury brands. Founded in 2010, Moda Operandi's mission is to make it easy for designers to grow their businesses and consumers to realize their personal style. Today, Moda’s platform carries more than 1,000 brands and designers across fashion, fine jewelry and home, ships to 125 countries.

Buyer - Beauty.This individual has the responsibility for driving the business growth and managing the overall sales forecasting and inventory management of the Beauty Division. Working in tandem with the Beauty Director this role is responsible for generating seasonal merchandise plans, marketing efforts, assortment strategies, vendor negotiations to maximize and grow the business and the overall vision of beauty at Moda Operandi.

Responsibilities:

  • Work with Director and Chief Merchant to execute strategy
  • Working in tandem with the Beauty Director to create monthly and seasonal marketing efforts, partnerships, collaborations, exclusives for the MODA target customer
  • Manage the buying process, including building assortments based on historical and current product performance, analyzing business, and managing inventory flow
  • Build strong vendor partnerships to negotiate buying terms (price, margin, quantity, delivery terms) and deliver a differentiated product mix
  • Create and execute a merchandise assortment plan that supports financial, merchandising, and marketing objectives
  • Develop, execute, and meet or exceed department sales, gross margin, and inventory plans
  • Identify new business opportunities, including new brands and product development
  • Responsible for planning & overseeing the OTB, taking action; recommending reorders and pricing strategies as well as inventory balancing and management
  • Acts as expert on competition and industry trends; translate into fashion-forward product with a keen understanding of the Moda client
  • Partner with the Planning department to create buy plans
  • Negotiate marketing contributions from brands
  • Collaborate with private client stylist teams to drive sales and gross margin through innovative trunk show and in-season product launches
  • Align cross-functional partners such as marketing, editorial and studio on performance, industry trends, new inventory, and brand positioning
  • Train, develop, and mentor your team
  • Travel as needed for inspiration and trade shows

Qualifications:

  • 3-5 years retail buying experience required
  • Bachelor’s Degree in related field required
  • Knowledge of the competitive beauty landscape
  • Strong relationships with established and emerging beauty vendors
  • A genuine passion for the beauty category and ability to nurture prospective new & exclusive talent
  • Ability to think strategically, creatively, and technically as well as a balanced analytical mind with innovative, creative thought – from business operation and product standpoints
  • Strong working knowledge of an e-commerce business with proven history of taking a data driven approach executing against KPIs
  • High level of credibility and integrity, demonstrated through strong industry relationships
  • Have a working knowledge of product development for potential MODA branded ranges
  • Advanced ability in MS Word, Excel required
  • Must be highly organized; ability to work in a fast-paced environment
  • Strategic thinker with ability to manage from high level to low level detail

Benefits of Joining Moda Operandi:

  • Medical, dental & vision coverage
  • 401k matching
  • Generous PTO policy
  • 1 day a week in office, remaining WFH
  • Pet Insurance discounts
  • Mental Health support
  • Employee discounts

The job description is to be used merely as a guide of expectations rather than an exhaustive list of all duties and competencies. All requirements and skills are subject to change as business needs evolve.

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