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Buying Office Job Descriptions

by: Leticia Notetaker

Buying Office Job Descriptions MAR 3231

Marketplace > Florida State University > Marketing > MAR 3231 > Buying Office Job Descriptions
Leticia Notetaker
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About this Document

These notes cover the buying career path. Each career position has a description and the position's responsibilities.
Retail Management
Class Notes




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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!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!2522&cid=4d2ab04fa3dd8f1b&app=OneNote 2/2


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