East Rutherford, NJ30+ days ago
Essential Functions: • Sources, develops, and curates new brands and product assortments that align with the company objectives, customer preferences and market trends • Monitors industry trends, consumer preferences, and competitor activities to proactively identify opportunities and challenges; adjusts assortments accordingly • Manages supplier and vendor relationships, negotiates pricing and terms, and maintains optimal delivery schedules • Analyzes sales data and performance metrics to make informed decisions on assortment mix and inventory replenishment • Develops and maintains an understanding of the target audience, adjusting assortments to match evolving consumer preferences • Addresses aged and slow-moving inventory levels and develops strategies for markdowns and promotions • Executes SKU rationalization to maximize performance based on space allocation • Partners with Planner using the OTB to manage stock levels • Develops an exit strategy on non-go forward items; negotiates RTVs, implement markdowns, promotions, and price changes. Specialized Skillset/Competencies/Traits: • Knowledge of financial tools and concept profitability • Has the ability to understand and use market research and market trend information to maximize profitability • Versatility, flexibility, and a willingness to work enthusiastically and independently with constantly changing priorities • Strong organizational skills and attention to detail; excellent written communication and interpersonal communication skills • Business acumen and also has the mindset required to understand the long-term implications of buying decisions and to advance the organization's goals • Demonstrated history of understanding the needs of the business, stakeholders, the employee population, and individual circumstances • Demonstrated history of creating and maintaining positive work environments to achieve common goals.