Assistant Buyer- Refrigerators in Hoffman Estates, IL at Sears Holdings Corporation

Date Posted: 10/10/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    3333 Beverly Road
    Hoffman Estates, IL
  • Date Posted:
    10/10/2018
  • Job ID:
    953698BR

Job Description

Req/Job ID: 953698BR
Employing Entity: Sears Holdings Management Corporation
Employment Category: Regular, Full-time
Job Function: Buying/Merchandising
Store ID: 58491: Sears Holdings Management Corp

The Assistant Buyer of Refrigerators is an entry-level position within the Buying organization. This position performs the technical and mechanical aspects of the buying role and completes functions that contribute to the Buying Team’s ability to achieve sales, gross margin, inventory, and turnover goals for assigned categories of merchandise while learning the long-range business strategy within the area of responsibility. This position reports directly to a Buyer. The Assistant Buyer works closely with the buying and merchandising support teams in the execution of product selection, assortment planning, vendor communication, inventory productivity management, and marketing of specific lines/categories to significantly improve profitability and maximize shareholder value.

Job Requirements

Product Selection and Assortment Planning
  • Completes the new vendor setup by verifying and approving the required vendor documentation. Monitors and collects on the vendor allowance agreements for defects, markdowns, signage, etc.
  • Based on category, may manage item set up process. Liaison between Inventory Management and Vendors on accuracy of items and details.
  • Assists in the development, selection, and negotiation of product to include cost, subsidy and terms.
  • Performs analysis required to assist in the development of the buy plan.
  • Responds to store inquiries for merchandise by researching planograms, inventory allotments, store demographics, sales performance, etc. Recommends appropriate solutions and executes upon buyer approval.

Advertising
  • Creates and manages the input of advertising plan: Coordination and setup of the ad program, proper setup and picturing of the item, obtains samples, communicates to the vendors, advertising team, and logistics team.
  • Approves advertising turns-ins and proofs photos and written copy.
  • Proofs point of sale signage and maintains integrity of quality of signage for ease of store execution level.
  • Determines amount of subsidies to be collected from vendors for advertising and ensures timely collection.
Inventory Productivity Management
  • Establishes collaborative relationships with Inventory Management to ensure availability and the timely delivery of merchandise.
Financial Planning and Forecasting
  • Generates weekly financial reports (sales, markdowns and receipt) and analyzes data to draw conclusions and provide recommendations to the team on opportunities to improve performance.
  • Utilize analytical tools to determine and recommend the appropriate markdown strategy, (this includes timing and the price matrix). Presents the markdown cadence for approval and enters the plan in the system.

Education Requirements: Bachelor's degree from a four year college or university (preference given to Merchandising, Finance and Retail Management degrees); or fours years related experience and/ or training, or equivalent combination of education and experience

Years of Related Experience: 1-2 Years

Required Skills:
  • Demonstrated leadership abilities and dedication to customer service
  • Strong analytical, problem solving, and business finance (retail math) skills
  • Highly organized with an impeccable skill to follow-through and follow-up
  • Highly effective written and verbal communication skills
  • Ability to thrive in a fast-paced environment; can balance multiple priorities
  • Highly creative, thinks out of the box with a an innovative mind-set
  • Strong PC skills, Windows-based programs, particularly Microsoft Excel and PowerPoint


#Corporate
58491