JEWELRY/BUYER

Purchase products and negotiate best vendor support programs for the Jewelry division. Responsible for profitability and productivity of stock. Demonstrate the company’s core values of respect, honesty, integrity, diversity, inclusion and safety.

Responsibilities

• Work effectively with all operational and analytical groups to achieve objectives; responsible for proper liquidity management by effectively managing Open-to-Buy; complete competition comparison
• Communicate the strategy to the team and manage upward feedback; direct, coordinate, and train the activities of the buyer’s assistant
• Analyze competitive information and provide input to the Merchandising strategy to maximize performance
• Drive development of the planning and forecasting process and the setting of inventory targets for each category
• Identify areas of performance which do not meet expectations and develop strategies to improve those areas
• Price merchandise to maximize sales and profit potential, while remaining competitive
• Demonstrate fiscal responsibility through prudent and effective inventory management
• Create business plans and maintain excellent communication with store associates
• Confirm adherence to Fred Meyer Jewelers vendor guidelines
• Secure Stock Balance and Salvage Allowance from vendors
• Develop advertising campaigns; select merchandise to advertise
• Secure co-op advertising dollars from vendors
• Analyze assortment presentation (in store and online) and merchandise accordingly
• Make timely, sound purchasing decisions by assessing large amounts of data
• Help implement solutions to problems and act decisively to develop and execute appropriate action plans
• Communicate effectively, both internally and externally
• Negotiate, select, and purchase merchandise from vendors; evaluate and make vendor return decisions on salvaged merchandise; partner with planner on vendor and category financial plans and strategies
• Supervise and coach direct reports in the performance of their duties, complete performance reviews, and provide feedback to direct reports
• Maintain flexibility to work weekends and travel independently on a regular basis
• Must be able to perform the essential job functions of this position with or without reasonable accommodation

Qualifications

Minimum

• Bachelor's Degree in business or related field, plus 2 years of retail store operations experience; or combination of relevant education and experience
• Minimum 18 years of age
• Valid driver's license
• Ability to pass drug test
• Proficiency with Microsoft Office Suite, Magic, and jewelry system software
• Familiarity with industry/technical terms and processes
• Strong attention to detail
• Ability to prioritize/multi-task while providing accurate/on-time results

Desired

• Any experience in fine jewelry buying
• Any knowledge of Fred Meyer policies, procedures, and organizational structure
• Any experience directing/ participating on project teams
• Any retail store managerial experience