Buying Office Job Descriptions
Buying Office Job Descriptions MAR 3231
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This 2 page Class Notes was uploaded by Leticia Notetaker on Sunday April 10, 2016. The Class Notes belongs to MAR 3231 at Florida State University taught by in Spring 2016. Since its upload, it has received 17 views. For similar materials see Retail Management in Marketing at Florida State University.
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Date Created: 04/10/16
4/10/2016 OneNote Online Buying Oﬃce Job Descripĕons Thursday, February 25, 2016 2:04 PM Buying Career Path Assistant buyer ‐ entry level; trainee Assistant planner Associate buyer Associate planner Buyer Planner Senior buyer Divisional planner Merchandise manager General merchandise manager Personal Characteris㿐cs Passion, leader, ownership, self mo㿐vated, asser㿐ve, crea㿐ve, resilient, etc. Buyers look at the big picture The staﬀ & planning division break things down create strategies that allow for eﬀec㿐ve buying in each loca㿐on Be aware of future trends & where the economy is heading Developing new business strategies & adjus㿐ng old ones (store closings) Be able to manage your budget, get the biggest bang for your buck; have a plan Buyer strengths Driver, developing/maintaining rela㿐onships, analy㿐cal skills, organized/plan ahead, delega㿐on, leadership, an㿐cipate, passion, ownership, resilient, asser㿐ve, crea㿐ve, self conﬁdent, etc. Maximize sales & proﬁts, develop a business culture, manage a staﬀ, plan assortments & ﬁnancials, establish department direc㿐on Conduct & a⠝end mee㿐ngs Determine markdown strategies Associate buyer Contribute to achieving sales & proﬁt goals React to key selling items Assist in managing & marke㿐ng merchandising Develop seasonal plans Assigned to speciﬁc brands & carry out same du㿐es as a buyer, develop plans, & begin forecas㿐ng for when she goes to the market for buying; responsible for show rooms Train ppl eﬀec㿐vely Analyze sales & stocks Plan & control markdowns Communicate with planners/stores Assistant buyer Entry level posi㿐on Contribute to sales & proﬁt Review po's, plan & execute ad process, shop compe㿐㿐on (one of the ﬁrst jobs assigned) Assist in developing plan‐o‐grams (schema㿐cs of ﬁxtures in a department showing how things should be laid out & what goes where) Learn how the buying oﬃce works Rtv ‐ return to vendors; merchandise that hasn't sold, work with vendor to return merch & sell other products in their place Support the buyer Liaison Not every company has one in the buying oﬃce Assigned to a buying division (juniors) must know about everything in that division (dresses, swim wear, shoes, jeans, etc) Represent the buying division, know how every department in your buying division should be organized Report issues to & from stores (need more of a certain size, some items don't sell, need more inventory of certain items, reviews stores spaces) Train managers in merchandising presenta㿐on techniques for a division Planning division is a part of the buying team Study a business by the numbers, unit ﬁnancial planning Business analysis, loca㿐on sales forecas㿐ng, distribu㿐on, spacing, store interac㿐on & adver㿐sing based on store ranking in sales Primary goal to maximize corporate stock eﬃciency & ensures stores have the merch to produce the max volume through loca㿐ons planning & the distribu㿐on Evaluates planning team, reports to manager of division manager of planning Stores have smaller stock rooms bc buyers & planners are be⠝er about buying things in be⠝er quan㿐㿐es at be⠝er 㿐mes for be⠝er prices Unit ﬁnancial planning Planner Plan & control inventory at loca㿐ons to ensure strong in‐stock posi㿐ons Develop loca㿐on plans based on trends, proﬁles, compe㿐㿐on & seasonal issues Strategize with stores on assortment levels Communicate with buying & store organiza㿐ons & react to store & individual trends; driving proﬁtable sales Build seasonal 6 month plans based on buying plans Works with buyer on quan㿐㿐es & distribu㿐on Associate planner https://onedrive.live.com/edit.aspx?resid=4D2AB04FA3DD8F1B!2522&cid=4d2ab04fa3dd8f1b&app=OneNote 1/2 4/10/2016 OneNote Online Assist planner & buyer to contribute to overall sales & proﬁt Assigned a par㿐cular brand, label, or department that they will follow Analyze all ﬁnancial plus sales & stock performance plans Review promo plans to ensure strong stock levels of adver㿐sed merchandise on hand Problem solvers Communicate with stores on business opportuni㿐es, needs, & stock levels Assist in procuring & alloca㿐ng merch Manage a segment of the department Divisional merchandise manager Reports to the president of the company Developed merchandising & ﬁnancial strategies for their buying division based on input from their gmm Plans for bigger picture, acts as a problem solver on major issues Builds, manages, & trains buying team Have the budget & give the dmm their budgets & their goals Understand what it's like to be a dmm & a buyer Communicates company merchandising strategies to their buying division Meets with buyers & vendors on major issues Assist buyers in market, building vendor rela㿐onships, ﬁnancial & merchandise planning when needed General merchandise manager Usually the execu㿐ve VP on the execu㿐ve commi⠝ee Hires, supervises, & trains dmm's within division Communicates company's ﬁnancial & merchandising strategies to dmm's Analyze businesses from a 'big picture' point of view Meets with dmm's frequently to discuss business in their divisions https://onedrive.live.com/edit.aspx?resid=4D2AB04FA3DD8F1B!2522&cid=4d2ab04fa3dd8f1b&app=OneNote 2/2
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