Associate Buyer
2 days ago
Overview:
The Associate Buyer is responsible for assisting the Buyer with the overall merchandising direction of a category or department(s) with the goal of meeting and when possible exceeding sales and margin targets. Providing trend setting buzz by incorporating competitive intelligence, customer insight, and business analysis is needed in order for you to deliver in this role. This position will assist the Buyer with purchases and the negotiation of merchandise with vendors. The Associate Buyer partners with the Merchandise Planners to develop strategies to maximize business opportunities. This position works closely with the planning, merchandising, marketing, and store optimization teams while focusing on our target demographic to provide compelling assortments.
**Responsibilities**:
- Analyze market trends to establish a pattern of projected sales
- Work with merchandisers to review and analyze reports for opportunities and liabilities
- Work with Buyer to plan line, review studies and reports to build a product line for a given season
- Attend product meetings and keep up-to-date on current and future trends
- Assist Buyer with preparing financial data for all budget and sales meetings
- Work closely with Buyer and Planner in order to ensure that buys are analyzed for maximum results
- Effectively partner with Buyer, Planning, and Merchandising teams in order to maximize results
- Manage multiple tasks and meet deadlines while remaining flexible to change priorities
- Effectively interface with Buyer and make recommendations
- Effectively assist Buyer with negotiating the best terms in order to maximize sales and profits
- Assist Buyer with developing a product selection to maximize sales, profit and gross margin
- Tracking product from vendor to delivery
Qualifications:
- Bachelor’s degree preferred in applicable field
- 2-4 year’s experience in retail and/or ecommerce merchandising is required
- Demonstrates understanding of our product, customer and fashion trends
- Ability to communicate clearly with Buyer, peers and cross-functional teams
- Strong financial acumen and naturally analytical
- Mainframe systems: BI, Purchase Order System, GMS
- Ability to be detailed and organized while prioritizing with tight deadlines
- Creative and strategic thinker
**Benefits**:
The annual base salary range is $65,000 to $70,000. This range represents the anticipated low and high end of the salary for this position. Salary will be determined by education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data. Salary is one component of the Foot Locker Inc. total compensation package, which includes the below:
- Employee Discount
- Paid Time Off
- Medical | Dental | Vision Coverage
- Company Pension
- Stock Purchase Plan
- Life Insurance
- Opportunities for Advancement
- Tuition Reimbursement for Qualified Courses
- Strong Company Culture
- Employee Resource Groups
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