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Sr. Buyer

Living Spaces - La Mirada, CA

Posted: January 18th, 2021


Description

The Sr. Buyer, Furniture must demonstrate management level foresight and be able to drive decisions within the framework of successful product development and execution of strategic plans, financial targets to drive the business for their respective categories. Direct and manage a small team comprised of associate and assistants. Responsibilities include recruiting, interviewing, hiring, training and mentoring/coaching around product development, assortment management, financial planning and vendor negotiations.

Essential Duties and Responsibilities include the following.  Other duties may be assigned. 

  • Develop assortments, and stay on top of current and emerging trends by performing market analysis, shopping the competition, attending trade shows domestically and overseas, and finding inspiration from a number of style and design sources
  • Create and nurture a “Shared-vision” environment of collaboration and partnership with direct reports and peers that establishes and communicates clear and realistic goals and objectives that align with the company’s strategic plan
  • Achieve or exceed the defined sales, turnover and GMROI goals for each product category
  • Negotiate costs, set retail prices and manage profit margins within context of merchandising plan
  • Lead and motivate cross-functional teams to drive category results
  • Work closely with our Suppliers and other Resources to gain broad exposure to many aspects of Merchandising such as product development, marketing, private label development, packaging, e-commerce, visual design and import and sourcing initiatives
  • Develop and present to senior management the business strategies, marketing plans and merchandise assortments to drive profitable sales
  • Develop long-range plans for assigned category based on sound knowledge of category, company growth expectations and strategic goals. 
  • Work with VP to ensure market leadership position regarding product selection, breadth and depth
  • Communicate merchandising and pricing plans, inventory flow and exit strategies with Purchasing, Visual Design, Store Operations, Marketing, E-Commerce and other stake holders impacted by changes in assortment
  • Influence, negotiate and hold vendors accountable to agreed-upon performance metrics
  • Leverage Customer Insights and Sales Associate feedback to build long-term market share and profitable growth
  • Provide ongoing communication between vendors and Living Spaces Sales and Support teams (i.e., training, coaching, advertising, product knowledge, pricing, etc.)
  • Teach, coach and motivate direct reports in product development, financial planning and professional growth and development
  • Persuade and motivate others with the ability to flex style as the situation requires and collaborate or empower as needed
  • Champion change management efforts
  • Able to travel up to 25%

Qualifications

Education/Experience: Bachelor's degree (B. A. or B. S.) or equivalent from four-year college. 7-12 years of experience as a product buyer with a multi-unit retailer.  Prior buying experience with furniture is a plus. 3-5 years of prior management experience.  Equivalent combination of education and experience will be considered.

 

Supervisory Responsibilities: This position will manage a team of 1 team member. Develop and execute the company’s business strategies in order to attain the goals of the board and shareholders. Provide strategic advice so direct reports will have accurate view of the market and the company’s future. Prepare and implement comprehensive business plans to facilitate. Ensure company policies and legal guidelines are communicated all the way from the top down in the company and that they are followed at all times. Communicate and maintain trust relationships with shareholders, business partners, and authorities.  Able to delegate responsibilities and supervise the work of direct reports providing guidance and motivation to drive maximum performance.

Equal Opportunity Employer 

It is our policy to abide by all federal, state, and local laws prohibiting employment discrimination based solely on a person’s race, color, religious creed, sex, national origin, ancestry, citizenship status, pregnancy, physical disability, mental disability, age, military status, or status as a Vietnam-era or special disabled veteran, marital status, registered domestic partner or civil union status, gender (including sex stereotyping and gender identity or expression), medical condition (including but not limited to, cancer related or HIV/AIDS related), sexual orientation, or any other protected status except where a reasonable, bona fide occupational qualification exists.

E-Verify

Living Spaces participates in E-Verify. All newly-hired team members are queried through this electronic system established by the Department of Homeland Security (DHS) and the Social Security Administration (SSA) to verify their identity and employment eligibility.



About Living Spaces

We are committed to making your shopping experience as easy and convenient as possible with our unmatched selection and guaranteed low prices. Best of all, you won't have to wait for your new furniture with our same day delivery!