Commodities Replenishment Buyer

Job Description

Time Type:

Role Details:

Time Type: Full Time

Starting Pay: $45,000 / YR

Job Location: 1350 IH 35 N, San Marcos, TX 78667

SUMMARY

Defines and manages strategic roles for and is the subject matter expert in assigned categories. Negotiates merchandise program details to support store sales, including, but not limited to, assortments, inventory levels, pricing, payment terms, and promotions. Responsible for the financial performance of assigned categories: Inventory Turnover, Gross Margin, GMROI and Sales. Responsible for the replenishment and inventory levels in assigned categories to support the stores. Develops and executes marketing and advertising programs to support stores’ sales effort

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Supports store operations with negotiated programs within assigned categories. Solicits Regional and Store Manager input regarding assigned categories by listening to problems, complaints and compliments. Acts to resolve problems, build on successes
• Meets periodically with existing vendors to plan and review existing programs. Communicates McCoy’s program requirements, program performance, store requests, assortment changes, etc. Reviews pending changes in vendor product mix
• Meets with potential vendors of existing and new products. Develops and implements new products/programs as needed to support stores’ sales’ efforts. Includes establishing performance goals, displays, set-up or resets, negotiated minimums, payment terms, negotiating costs, researching and establishing competitive retails, etc. Communicates complete program, schedules, etc. to stores by working interdependently with Store Planning and all other involved departments.
• Prepares and presents Program Line Reviews for Stock and Special Order sales in assigned categories. Line Reviews include all areas of Program Financial Reviews, McCoy’s competitor analyses, and comparisons of existing programs to competitive programs in the category. Negotiations during the Line Review incorporate store needs, strategic category goals, and corporate financial goals
• Develops and implements marketing and advertising programs to promote assigned product categories. Responsible for negotiating and collecting co-op advertising funds to support marketing and advertising expense. Reviews each campaign’s results for effectiveness and efficiency
• Reviews and approves promotional plans. Partners with Marketing and Store Planning to develop the category/department promotional strategies
• Monitor the “Open PO report” for all replenishment stores and address issues with vendors accordingly.
• Must work interdependently with store personnel and corporate departments to resolve issues that concern products for assigned categories.
• Understands competitors’ strengths, weaknesses and strategies. Anticipates market/business trends and develops a plan for response
• Accountable for assigned merchandise categories’ performance, recommends revisions to the merchandise plan/forecast based on sound analysis and ensures corrective actions are implemented
• Directs assortment selection process and reviews assortments for balance (brands, key items, core items, etc) and adherence to strategic and financial objectives
• Maintains an adequate inventory position in order to drive sales, in stocks and to service customers
• Creates and maintains supplier replenishment purchase orders
• Manages daily logistics issues, including product supply, transportation issues and delivery interruptions. Facilitates resolutions between stores and vendors where necessary
• Establishes and maintains item replenishment parameters and attributes within the point of sale system
• Reports on and manages supplier lead-times in Point of Sale system based on supply chain performance
• Visits retail stores on occasion to review product lines and placements. Attends trade shows, vendor facilities and factories, and McCoy’s vendor show to visit with current vendors and prospective vendors on product lines
• Follows Standard Operating Procedures while carrying out the responsibilities of position
• Attends all team meetings and company training sessions as required

QUALIFICATIONS

• Bachelor's degree (B. A.) from four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.  Ability to write reports, business correspondence, and procedure manuals.  Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.  Ability to apply concepts of basic algebra and geometry
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
• Ability to utilize Microsoft Word & Excel, IBM Content Manager, MAC21, and other 3rd party software applications at an intermediate level
• Knowledge and understanding of basic and intermediate purchasing and merchandising principles
• Prior experience working in the retail industry, preferably in the building supply industry

WORK AVAILABILITY

• Must maintain regular and acceptable attendance, at such level as is determined by management
• Must be regularly available and willing to work at least 8 hours per day, 40 hours per week or such other hours per day or hours per week as the employer determines are necessary or desirable to meet business needs
• Must be available and willing to work such weekends and holidays as the employer determines are necessary or desirable to meet its business needs

TRAVEL REQUIREMENTS

• This position requires occasional travel with overnight stays
• Must meet driver’s license requirements as required by the Company
• Must be able to legally obtain a rental vehicle in all states in which the company does business
• Must have current auto liability insurance

PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job..

• While performing the duties of this job, the employee is frequently required to sit and talk or hear.  The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms.  The employee must occasionally lift and/or move up to 25 pounds.  Specific vision abilities required by this job include close vision, color vision, and ability to adjust focus

WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

• The noise level in the work environment is usually quiet