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Saks Global

Luxury retail operating group

Assistant Buyer 1

Procurement & SourcingConfirmed live in the last 24 hours
Full-timeNew York, NY, USA$59k - $79kIn-person

About the Job

Requirements

  • Strong knowledge of retail math concepts, including markup, margin planning, open to buy, and inventory productivity measures such as weeks of supply, turnover, and gross margin return on investment.
  • Strong organizational skills and attention to detail.
  • Strong ability to communicate effectively verbally and in writing.
  • Excellent computer skills, including Microsoft Word and Excel, PowerPoint, and Google Sheets, Docs, and Slides.
  • Proficiency in systems.
  • One to two years of experience as an Assistant Buyer or equivalent, preferably in a major department store or luxury retail.
  • Must work onsite in New York City.

Responsibilities

  • Liaise with Buyers, Associate Buyers, and brand partners to gather and confirm order details, including item and shipping details, delivery schedules, and order prioritization; manage buy sheet updates; and resolve discrepancies.
  • Oversee offshore Merchandise Assistants’ creation and transmission of purchase orders to brand partners, ensuring timely delivery and accurate order details, overseeing communications between assistants and brand partners, and resolving or escalating issues.
  • Provide allocation direction to the Planning Allocation team and help manage allocations for high-touch categories such as Designer.
  • Manage communication of receipt flow changes to the offshore team and ensure purchase orders are maintained to provide an accurate view of ship windows, order quantities, and on-order inventory.
  • Prepare Buyers for Market by working with Planners to provide insights on historical performance, emerging trends, and customer preferences; coordinate market appointments; and periodically attend the New York market.
  • Support Buyer style-out sessions by coordinating logistics and preparing insights for assortment presentations.
  • Initiate the development of strategic product assortments to drive sales and brand growth.
  • Serve as the primary point of contact for execution questions and feedback from brand partners, visual merchandising, site merchandising, stores, digital, marketing, including promotions, and planning, including pricing.
  • Review business performance in close collaboration with Assistant Planners, communicate bottoms-up style insights to Buyers, recommend in-season actions, and help prepare for monthly open-to-buy.
  • Manage markdown cadence and oversee offshore execution of price changes and returns to vendors, and resolve escalated issues.
  • Collaborate with the offshore reporting team to generate custom Buying reports, maintain structural changes to report views, and ensure offshore teams deliver reports on expected schedules.

About the Company

Saks Global

Luxury retail operating group

Saks Global is a luxury retail operating group now presented publicly as Exemplar Luxury Group. The group supports luxury department-store and e-commerce businesses through merchandising, brand partnerships, customer experience, and shared operations. It serves luxury shoppers, brand partners, vendors, retail employees, and digital commerce customers. Its operating model centers on a portfolio model connecting store operations, e-commerce, merchandising, marketing, logistics, technology, and corporate services. Teams work across retail operations, merchandising, buying, e-commerce, marketing, technology, logistics, finance, and customer care. Teams support coordinated daily delivery.

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