Sr Assistant Buyer - Home

About the role

The Sr. Assistant Buyer supports the daily purchasing of items for a specific division’s sub-category. Reporting directly to the division’s Buyer or Sr. Buyer and working alongside other Sr. Assistant Buyers, this role ensures accuracy in the ordering process (Buying) while facilitating communication between vendors and the corresponding buyers.

Responsibilities

• Build, maintain and analyze reports to support the business (MicroStrategy, Item/Color, Hindsight, Buy Plan, Conceptual Plan)
• Retail Math: understand concepts and impact to business (calculate IMU, selling margin, pricing impact)
• Understand how financial levers connect to impact business (sales, profit, and inventory metrics)
• Audits item set-up approves content
• Creates purchase orders/work orders for flagship and stores
• Validates set and ship dates and vendor information
• Cross Functional Collaboration and establishes external partnerships
• Turns in marketing samples manages on-time arrival audit of weekly marketing
• Enters marketed item in ad tracker updates store counts
• Conducts digital inventory audit
• Provides input on pricing determinations and keys pricing and signing for flagship and stores
• Understands the impact of change in pricing events (TY vs. LY)
• Assists Buyer with building assortment plan category history and market share analysis
• Sets sells & fixture placement: knowledge of fixture capacity, signage guidance presentation standards
• Systems knowledge - Excel EPPFC RMS Order RMS Item Inquiry RMS Ecomm Management Other systems as needed

Requirements

• College degree or equivalent business experience
• 3+ years retail buying experience; preferably with a large organization in a similar role
• Retail planning experience preferred
• Proficient in MS word and Excel
• Able to recognize, analyze, and quantify market trends
• Results oriented and self-motivated with a strong sense of urgency
• Able to independently organize and prioritize broad workload to meet deadlines

Qualifications

• College degree or equivalent business experience
• 3+ years retail buying experience; preferably with a large organization in a similar role
• Retail planning experience preferred
• Proficient in MS word and Excel
• Able to recognize, analyze, and quantify market trends
• Results oriented and self-motivated with a strong sense of urgency
• Able to independently organize and prioritize broad workload to meet deadlines

Skills

• Understanding of Retail Math concepts and their impact on the business
• Ability to calculate IMU, selling margin, and pricing impact
• Knowledge of financial levers and their connection to business performance
• Experience in auditing item set-up and approving content
• Proficiency in creating purchase orders and work orders
• Ability to validate set and ship dates and vendor information
• Strong cross-functional collaboration and partnership skills
• Experience in managing marketing samples and conducting audits
• Knowledge of digital inventory audit processes
• Ability to provide input on pricing determinations and sign off on pricing
• Understanding of the impact of pricing changes (TY vs. LY)
• Experience in assisting with assortment planning and category history analysis
• Knowledge of fixture capacity, signage guidance, and presentation standards
• Proficiency in using various retail management systems

Benefits

• Eligible for bonus under the Management Incentive Plan
• Competitive benefits package including medical/dental/vision, term life insurance, paid vacation/holidays, and 401(k) with Company match
• All associates are eligible for an associate discount on JCPenney merchandise

Pay

USD $57,000.00 - USD $95,000.00 /Yr.