Buying Operations Trainee

Job Description:

Who We Are:

Exemplar Luxury Group, formerly Saks Global, is the luxury collective that comprises iconic luxury retailers, Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman. Driven by a relentless devotion to our customers and powered by our talented colleagues, we offer curated product assortments, unparalleled service and personalized experiences across our integrated retail model. Through strong partnerships with the world's most esteemed names in luxury and deep customer relationships enhanced by the industry's most comprehensive insights, Exemplar Luxury Group is uniting coveted brands with unrivaled customer experiences.

Role Summary:

Reports to Manager - Buying Operations.  Works closely with Merchandising Planning and buying teams in North America and other teams as necessary.

Key Qualifications:

• Graduate/PG. Preference will be work experience in retail industry with working knowledge in supply chain

• Analytical, advanced Excel, problem solving skills, and knowledge of forecasting

• Data management and interpretation using statistical concepts

• Strong planning and operational skills

• Ability to communicate clearly and effectively

• Proficiency in Excel and good knowledge of other MS Office tools

• Ability to work well with others and contribute to a positive environment.

• Highly motivated and committed to the development of high-quality work

Role Description:

• Collaborate with Planners and Buyers to manage Replenishment inventory through accurate forecasting and rectifying all relevant components to achieve department-in-stock goals.

• Has the concept/grasp of Stock-store Minimums/Presentation minimum, Maximums, Safety stock, Review Time, Lead time, Store to store transfers etc. 

• Stock Balancing: Maintain in-stock goals through effective product distribution. Analyze sales history and trends to maximize sales potential by developing allocation strategies that maintain proper store inventory levels.

• Historical Analysis: Analyze and summarize the business performance of product categories, monitor sales, inventory, margin, and other factors affecting In-stocks & profitability.

Your Life and Career at Saks Global:​

• Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation

• Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate

• Comprehensive benefits package for all eligible full-time employees (including medical, vision and dental)

Saks Global is an equal employment opportunity employer and is committed to providing reasonable accommodations to applicants with disabilities. If you are interested in applying for employment with Saks Global and would like to request special assistance or an accommodation, please contact a recruiter.