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Job Title: Assistant Buyer, Mens Saks Direct
Job Location: NY: New York
Pay Rate: Open
Job Length: full time
Start Date: 2008-09-01

Company Name: Saks Fifth Avenue
Contact: HR
Phone: email only please
Fax: email only please

Description: Assistant Buyer, Mens Saks Direct Job Code: 1704

Division: Saks Fifth Ave Location: New York, NY US Travel Involved: None/Not Specified Job Type: Full Time Job Level: Executive Education: BA, 4 year degree Category: Buying Compensation: Not Specified Position Summary: MerchandisingAssists in vendor selection and in developing and maintaining strong vendor partnerships. Assists in monitoring industry trends and in evaluating competition, and attends major markets as feasible and necessary. Provides information for the development of the merchandise strategy, and assists in product selection and product and key item development as directed. Assists in conducting line reviews / style outs for management and staff. Assists in setting up new items in the item database. Ensures the dissemination of product knowledge to store associates. Executes the Best / Worst Seller Review. Develops sales unit performance reports. Aids in the preparation of the Merchandise Hindsight. Ensures merchandise samples are maintained accordingly. Purchasing, Allocation, and ReplenishmentAssists in analyzing class performance, planned class penetration, and average retail by class. Assists in managing the timely placement and maintenance of purchase orders. Assists in providing analysis to support micro-merchandising strategies. Participates in weekly allocation strategy sessions. Assists in merchandise transfer initiation. Executes returns to vendors as negotiated and necessary. Assists in providing feedback for space strategies (fixture /square footage). Ensures the resolution of data integrity (on hand) issues. Provides information for identification of distribution and vendor logistics opportunities. Aid in providing systems (STARS Planning / OTB) expertise for other users. Provides information for coordinating systems (STARS planning/OTB) enhancements requests. Open-to-Buy MonitoringAssists in the development and maintenance of thePOcheckbook. Assists in the bi-monthly forecasting of sales and inventories through the OTB review process. Executes the markdown projection process and provides information for the projection and negotiation of vendor allowance. Supports the development and execution of aged inventory exit strategies. Monitors vendor to store receipt flows, and actual to planned receipts. Manages the purchase journal review process. Assists in providing information for the monitoring of inventory productivity, and the analysis of vendor profitability. Monitors and evaluates the vendor received not ordered compliance report. Pricing and PromotionAssists in establishing pricing strategy. Provides data and analysis for price changes, and assists in entering prices changes on line in a timely manner. Assists in planning and approving all advertising and promotions. Assists in providing information for the timely response to store visit notes. Provides feedback for ad in stock on promotional items, and ensures the communication of in-stock issues to stores. Provides analysis and monitors style advertising effectiveness. Manages product ticketing and in-store signage. Facilitates the issuance of store presentation guidance. Furnishes information to Price Management with regard to store communications on pricing issues

Requirements 1

Please refer to Job code saks-1704 when responding to this ad.

For FASTEST PROCESSING of your resume, please visit http://www.jobcircle.com/classifieds/1653465.html?source=ng to apply online.

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