Buyer/merchant

8 months ago

Toronto, Canada Mine & Yours Full time

As a key player in the Product Division, the Buyer / Merchant collaborates cross-functionally to ensure the identification, planning, and execution of product needs align with critical priorities. Responsible for maintaining brand consistency and market relevance, this role aims to maximize profitability and sales across various product classes, key items, and channels.

**Our Core Values Are**:

- Passion for Product
- Connect and Uplift
- The Store is our stage
- Hustle together
- Sustainably Conscious

**Responsibilities**:

- Daily interaction with in-store suppliers, involving tasks such as picking, pricing, and authenticating items.
- Sharing valuable product insights with the Management team to inform strategic decisions.
- Developing seasonal merchandising strategies for the business.
- Creating and managing pricing product architecture in collaboration with Buying and Inventory.
- Crafting product assortment needs to reflect brand consistency and market relevance.
- Finding and managing wholesale partnerships and buys.
- Ensuring accuracy in buys and resolving issues between Buying and Inventory.
- Collaborating with Visual Merchandising, Digital, and Store Planning throughout each buy cycle.
- Supporting Open-to-Buy (OTB) conversations and aligning with Planning and FP&A on targets.
- Conducting regular reviews of business performance, delivering recaps, and implementing actions based on insights and inventory composition, including exit and/or markdown strategies.
- Contributing to other departmental projects as directed.

**Education & Experience**:

- BA, BSc, BBA, BComm (or equivalent), with a specialization in Retail or Merchandising Management considered an asset.

**Skills & Abilities**:

- Proficiency in both English and Mandarin.
- Strong proficiency in Microsoft Office programs, particularly Excel.
- Deep product knowledge in luxury brands, focusing on handbags and jewelry.
- Analytical skills to interpret multiple data points across various channels and market segments.
- Knowledge of retail mathematics, including markup, margin, planning, open-to-buy, and investor productivity.
- Ability to balance analytical and creative tasks.
- Understanding of season-to-season business performance and ability to drive business based on key financial indicators.
- Acute eye for product and trend awareness.
- Ability to work independently, make sound business decisions, and multitask in a fast-paced environment.
- Natural problem-solving ability, quick learner, and adaptable to change.
- Strong written and verbal communication skills, with a collaborative spirit and a willingness to take a hands-on approach when needed

**Compensation**:

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