Full-Time

Senior Buyer

Posted on 4/3/2024

FabFitFun

FabFitFun

501-1,000 employees

Seasonal subscription boxes with personalized items

Consumer Goods

Compensation Overview

$115,000 - $130,000Annually

+ Equity + Medical + Dental + Vision + Other perks & benefits

Senior

Los Angeles, CA, USA

Required Skills
Sales
Communications
Marketing
Requirements
  • Bachelor's degree in Merchandising, Business, Communications or a related field
  • 7+ years buying experience in omni channel retail environment (Subscription or off price model preferred) managing revenue of $100M+
  • Strong rolodex with existing contacts and relationships in the Women's lifestyle category
  • Experience managing 60+ active brand conversations at one time
  • Confident negotiating costs, managing an order from PO placement through transportation and on-time delivery
  • Seasoned ability to effectively communicate and influence teams around product, ideas, negotiations, etc.
  • Ability to manage open-to-buy (OTB) and meet company financial goals
  • Can develop and execute short and long-term strategies for box and e-commerce initiatives
  • Adaptable to change and receptive to feedback and suggestions
  • Previous experiencing managing a team / multiple Buyers
  • Strong organizational and multitasking skills, with ability to meet deadlines
  • Advanced Excel knowledge / retail math
  • Ability to travel seasonally for market/trade shows
Responsibilities
  • Develop and manage new and existing premiere / tier 1 category partnerships
  • Source and buy items according to plan for our seasonal subscription box and corresponding e-Commerce flash sales while maintaining a well balanced assortment
  • Structure deals and lead negotiations with brand partners that meet cost targets and maintain gross margin profitability
  • Execution of complex deals by working cross-functionally with the Operations,Legal, Marketing, Production, Planning, and Merch Strategy teams
  • Partner with category Director, Brand Partnerships to develop annual and seasonal category and subcategory strategies inclusive of all merchandising initiatives
  • Work closely with Merchandising Planning partners to forecast sales, markdowns, margins and inventory to plan
  • Manage junior-level direct reports (Buyer + Assistant Buyer) and ensure that the team is being developed and meeting goals
  • Review hindsight business analysis after corresponding sales/Box seasons to ensure learnings & new opportunities are clear and actionable for team
  • Conduct competitive marketplace analysis to assess and create business opportunities

FabFitFun offers a seasonal subscription box with full-size items across various categories, leveraging personalized curation algorithms and an online platform. The product integrates technology to drive member engagement and enhance the overall subscription experience.

Company Stage

Series A

Total Funding

$237.7M

Headquarters

Los Angeles, California

Founded

2010

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

1%

2 year growth

-1%
INACTIVE