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Buyer
Career Insights for Buyer (General)
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Scorecard
Based on North Carolina data
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What they do
A Buyer buys products, materials or services needed by a company or organization. Manages inventory and schedule for purchasing, works with vendors and negotiates contracts, monitors quality of supplies and services purchased. May work in farm products, manufacturing, trade or services industries.
$65,428 / year median in North Carolina
-5% projected decline
Job Description
Buyer at Cato Corporation Buyer at Cato Corporation in Charlotte, North Carolina Posted in 1 day ago.
Type:
full-time
ESSENTIAL DUTIES AND RESPONSIBILITIES
Develop seasonal strategies that align to company financial goals, drive top line sales and margin. Communicate changes in strategy to the appropriate cross functional team members on a timely basis. Drive assortment strategy to achieve financial goals. Manage merchandise receipts and open-to-buy by week according to agreed plans. Control development, purchase and delivery of merchandise assortments. Negotiate all aspects of product purchasing with vendors. Interpret fashion trends for the It's Fashion! Develop and maintain proper relationships in assigned markets, including direct imports where appropriate. Communicate merchandise information to appropriate cross functional team members. Shop competition and It's Fashion! stores on a regular basis. Support special projects and cross-functional initiatives as assigned. Train and mentor direct reports; motivates and encourages success. Weekly best seller meetings-communicate effectively to executive leadership what is driving your business. Identify business opportunities and risks in season through analysis of current sales with timely direction in order to react.
OTHER RESPONSIBILITIES
All duties and requirements are essential job functions.
QUALIFICATIONS
EDUCATION:
Bachelor's Degree required.
WORK EXPERIENCE
Minimum 3 years experience in buying and must be able to relocate to Charlotte, North Carolina.
CERTIFICATES, LICENSES, REGISTRATION REQUIRED
None
KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED
Self-motivated with strong organizational and people skills. Able to withstand the pressures of producing a bottom line in a volatile business.
REQUIRED PRE-EMPLOYMENT/SKILLS TESTING
Drug Test/Criminal Background Screen Assess Microsoft Outlook Microsoft Excel Microsoft Word