Assistant Buyer at alice + olivia

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

08 Oct, 26

Salary

70000.0

Posted On

10 Jul, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Assortment Buying, Order Entry, Inventory Management, Retail Math, Sales Trend Analysis, Excel, Business Analytics, Problem-Solving, Communication, Organizational Skills, Markdown Management, Procurement

Industry

Retail Apparel and Fashion

Description

POSITION SUMMARY: An Assistant Buyer provides operational support and assists the buying team with the selection and procurement of merchandise for the direct-to-consumer businesses, to support overall company sales, volume, gross margin, and turnover objectives. RESPONSIBILITIES: • Manage the assortment buying for alice + olivia brand products on FarFetch • Oversee all aspects of the FarFetch business; order entry, product maintenance, inventory loads, product turn-ins and markdown management, to ensure sales targets are met • Manage the 3rd party and alice + olivia owned accessories and lifestyle buying for retail stores and ecommerce • Collaborate with the VP of buying to source and buy vintage accessories; build a strong relationship with our exclusive vintage apparel partner and curate a monthly drop for select stores • Manage the style creation for all vintage products in our POS system, tag and ship merchandise to select stores • Ensure all stores accept 3rd party merchandise correctly and receiving reports match invoices before submitting to finance for approval • Support VP of Buying and Director of Buying with all order entry • Track departmental receipt flows for all areas of responsibility • Analyze sales trends to identify best sellers and manage re-orders to achieve sales goals • Create and distribute weekly selling reports and make business recommendations to management • Participate in OTB discussions to develop understanding of key financial concepts and components • Ensure all markdowns and store promotions are entered and set up properly in system; communicate to stores • Complete assigned tasks thoroughly, accurately and on a timely basis. • Work cooperatively with others. Display a positive attitude and a willingness to assist all members of the buying team QUALIFICATIONS: • Bachelor's Degree in related field • 1-2 years of buying experience required • Strong Excel skills • Strong business analytical skills with knowledge of retail math and retail systems •Excellent communication, organizational and problem-solving skills • Aptitude to function within deadlines, while working both independently and as part of a team $60,000 - $70,000 base salary (This range represents the anticipated base salary for this NYC-based position and will vary based on experience, qualifications, skills, and internal equity. This is a non-exempt position and may require overtime, which will be compensated in accordance with applicable law.)

Responsibilities

Provides operational support to the buying team by managing merchandise selection and procurement for direct-to-consumer businesses. Responsibilities include overseeing FarFetch operations, sourcing vintage accessories, and analyzing sales trends to meet financial objectives.