Associate Buyer

Associate Buyer Michaels Stores - 3.4 Irving, TX Job Details Full-time 16 hours ago Benefits Health insurance Dental insurance Tuition reimbursement Paid time off Vision insurance Employee discount Qualifications Sales demand planning Vendor relationship building Assortment planning Market research data Sales revenue Forecasting Customer behavior analysis Merchandising Retail buying Mid-level Supplier relationship improvement Product assortment enhancement Sales data analysis Team development Analysis skills Historical sales data analysis Retail category management Data management Team management Decision making Industry trends Sales revenue analysis Financial strategy recommendations Vendor relationship management Organizational skills Data-driven problem-solving Product strategy Business planning Profitability analysis Financial performance measurement Market performance analysis Full Job Description Support Center - Irving The Associate Buyer executes product strategies and manages vendor relationships for assigned categories. This role leads merchandise selection, performance analysis, and operational execution, helping ensure the right products are available at the right time.

Key Responsibilities:

Category Strategy:

Lead the development and execution of category strategies aligned with company goals and customer insights. Monitor market trends, competitor activity, and customer preferences to inform category decisions. Drive vendor negotiations and relationship management to enhance category performance.

Assortment/Product Strategy:

Curate and maintain a compelling product assortment. Analyze sales data and customer feedback to identify assortment gaps and opportunities. Owns product selection, line reviews, and seasonal planning processes. Manage and maintain product data to ensure the Good/Better/Best strategy is accurately reflected in all systems.

Price Management:

Support pricing strategy development to ensure competitiveness and profitability. Monitor price changes, promotions, and markdowns to optimize margin and inventory levels. Conduct regular pricing analysis and provide recommendations for adjustments.

Financial Plans:

Assist in building and maintaining financial plans including sales forecasts, margin targets, and inventory levels. Track performance against financial goals and provide actionable insights to improve results. Partner with planning and allocation teams to ensure alignment with financial objectives.

Team Management:

Manage small team of individual contributors, contributing to their growth and development

Qualifications:

4+ years of buying experience, exhibiting progressively responsible assignments with the merchandising organization Planning and inventory experience is strongly preferred Strong analytical and problem-solving skills. Proficiency in utilizing Excel or other data analysis tools to extract insights and make data-driven decisions Strong collaboration skills to partner with cross-functional teams Flexible, resilient, and comfortable working in an environment that is constantly changing Strong decision-making ability, communication, and negotiation skills Detailed-oriented with excellent organizational skills Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job. At The Michaels Companies Inc., our purpose is to fuel the joy of creativity and celebration. As the leading destination for creating and celebrating in North America, we operate over 1,300 stores in 49 states and Canada and online at Michaels.com "and" Michaels.ca ."The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise. Founded in 1973 and headquartered in Irving, Texas, Michaels is the best place for all things creative. For more information, please visit" www.michaels.com . At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit www.michaels.com . Michaels is an Equal Opportunity Employer. We are here for all Team Members and all customers to create, innovate and be better together. Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL).