Buyer I
Position Description:
• Replenish inventory using purchasing/inventory management system • Recommend quantities of existing items based on analysis of current inventory, upcoming store counts, sales trends, available warehouse space, storage costs, market conditions and seasonality • Determine initial inventory for new items, collaborating with the Sourcing Buyer • Manages inventory investment to attain projected days supply targets • Communicate with vendors and distribution centers regarding shipment of products and coordination of deliveries; interact with Sourcing Buyers regarding pricing and vendor issues; work with accounts payable to resolve invoicing issues; communicate with vendors regarding packaging needs • Reviews and analyzes daily and weekly reports to check service levels and inventory turns, makes adjustments as needed • Collaborate with the Sourcing Buyer in order to identify, investigate, and develop solutions to resolve current out-of-stocks and eliminate potential out-of-stocks through transfers or by expediting future deliveries • Collaborate with the Sourcing Buyer to evaluate forward buys based on cost increases and/or market fluctuations to ensure in-stock items and to leverage favorable market pricing • Responsible for quality and accuracy of the wholesale forecasts • Utilize forecasting, replenishment, merchandising applications and available system tools to provide data and reporting as supporting information • Maintains assigned SKU integrity through maintenance in system Qualifications/Skills: • Associate’s Degree preferred in business or a related field; or relevant experience • One (1) – four (4) years of replenishment experience preferred • Familiarity with procurement, logistics and inventory management practices • Possess analytical, problem solving, planning, and organization skills with strong attention to detail • Written and verbal communication skills as well as interpersonal skills to develop and maintain effective business relationships within and outside the company • Statistical skills are a plus • Computer aptitude with the ability to use spreadsheet and word-processing software. • Able to prioritize and work with a sense of persistency and urgency • Ability to anticipate and solve problems; make sound decisions by using available resources and market information
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