Jewelry Buyer Job Description
Jewelry Buyer Duties & Responsibilities
To write an effective jewelry buyer job description, begin by listing detailed duties, responsibilities and expectations. We have included jewelry buyer job description templates that you can modify and use.
Sample responsibilities for this position include:
Jewelry Buyer Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Jewelry Buyer
Typically a job would require a certain level of education.
Employers hiring for the jewelry buyer job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Merchandising, Business, Marketing, Education, Fashion, Fashion Merchandising, Intelligence, Associates, Textiles, Management
Skills for Jewelry Buyer
Desired skills for jewelry buyer include:
Desired experience for jewelry buyer includes:
Jewelry Buyer Examples
Jewelry Buyer Job Description
- Assist the Buyer in all aspects of the buying process through
- Oversee preparation of vendor packs, ensuring that BAAs have these compiled at an appropriate time ahead of trips
- Attending ad-hoc buying appointments and if needed deputise in Buyers absence to gather product info for review later
- Review sales performance in order to offer informed product opinion within the appointment, based on sales history
- Completing buysheets after buying appointments in preparation for Buyer to write the buy
- Analysis of sizing of buy and application to orders
- Raising and sending orders to vendors, managing the ordering process within the YNAP system
- Suggesting appropriate new brands to Buyer
- Oversee RRP entry process, ensuring BAAs are receiving RRPs in a timely and organised manner, adhering to set deadlines
- Competitive shopping analysis (bricks and mortar & online) to review offer vs NAP, ensure pricing is aligned for every upload, and to check deliveries vs NAP
- A minimum of 1-2 years of relevant buying experience gained within a fashion luxury environment
- University or College degree or commensurate retail experience
- The ability to recognize a new fashion trend, item, look, fabrication, for a specific category early in its lifecycle
- Is appropriately prepared for all meetings and appointments and can quantitatively defend all decisions to Sr
- Must have a BFA or related degree
- Minimum of 1-2 years of experience in retail, luxury retail, or service related industry
Jewelry Buyer Job Description
- Analyse weekly sales data to suggest repeats and/or swaps, presenting proposals to Buyer & Merchandiser, and subsequently liaising with vendors to action
- Manage the repeat and swap process to ensure full advantage is taken of vendor stock availability, quicket possible delivery of stock into the business
- Pulling sales information and creating trade sheet for weekly meeting to feedback to buyers including delivery highlights / lowlights, key editorial and marketing support features, pulling together best and worst sellers information
- Support Press, Marketing and Editorial functions in regards to new brand and exclusive launches, supplying buy sheets, delivery and upload updates, style suggestions as necessary
- Contstantly hawk products on site, taking responsibility for the display of your departments offer (highlighting tricky styling, limited or incorrect product editorial, questionable pricing, duplicated products)
- Working with personal shopping to aid EIP sales and queries
- Being point of contact for vendor queries
- Management of travel schedules and appointment diaries
- Compilation of Buybles presentation, including new brand, exlcuisve capsule and top spends information
- Ad hoc projects for Buyers and Buying Director
- Bachelor’s Degree in Fashion, Business or a related discipline is required
- Flexibility to travel with short notice and to work a demanding schedule which can include on an adhoc basis evenings, weekends, and holidays
- Successful experience in buying in multi brand, multi vendor environment
- Proven experience building profitable business in Women’s category
- Knowledge of Open-to-Buy process
- Strong management and team building experience
Jewelry Buyer Job Description
- Monitors and responds to issues and opportunities resulting from deviations in plan variances
- Analyzes sales trend, key items, vendor profitability, and aged inventory and make recommendations for driving improved performance
- Manage OTB budgets, receipt reconciliation, purchase order maintenance, and product tracking
- Create, analyze and deliver business analysis on a weekly, monthly, quarterly, and annual basis
- Use reporting to develop an in-depth understanding of product performance, customer base, and micro-assorting
- Partner with merchandising team to develop and refine seasonal line architecture to maximize omni business needs
- Facilitate all business ownership and relationship management with third party vendors internal categories
- Partner closely with planning teams on seasonal budgets, monthly forecasting, and weekly business updates
- Work alongside visual merchandising partners on monthly floorset walk-thrus and overall product placement in stores
- Partner with e-commerce merchandising and photo teams to ensure product accuracy and propose enhancements
- Strong product sensibility and understanding of luxury brands
- Ability to lead team effectively and create an exciting workplace
- Responsible for planning & overseeing the OTB, taking action
- Manage the buying process, including building assortments based on historical and current product performance, analyzing business and managing inventory flow
- Review and analyze business weekly, monthly, seasonally, developing appropriate initiatives
- Analyzing competitive pricing, product, presentation and timing
Jewelry Buyer Job Description
- Manage the timely entry of markdowns to ensure seamless transitions and communications to cross-functional teams
- Primary point of contact for third party (watches)
- Provide analytical creative and managerial support to the buyer
- Negotiate with vendors, both domestic and international, for price and delivery
- Source new vendors/expand vendor base
- Analyze business weekly with responsibility to report findings to upper management
- Dotted line responsibility relationship with Assistant Buyer
- Meeting with vendors for any product category as required, to discuss on any product opportunities
- Builds innovative/differentiated product into assortments, takes informed risks
- Partner with merchandisers to evaluate plans by re-deploying inventory investment due to shifts in business to maximize financial plans
- Negotiate buying terms with vendors (price, margin, quantity, delivery terms)
- Proactively motivate selling teams through the communication of product knowledge such as collection notes, training and selling events
- Keep all cross-functional teams informed on performance, industry trends, new inventory and brand positioning
- Manage and develop Assistant Buyer and Merchandising Assistant
- BA/BS degree in business or related field plus two years retail store operations experience
- Minimum of 18 months experience at a BAA or equivalent level gained in a fast-paced fashion retail buying or merchandising environment with strong administrative skills
Jewelry Buyer Job Description
- Own category brand and product development process, across private label and national brand partners
- Partner with various departments including but not limited to Planning, Allocation, Marketing, QA, PD, Logistics and In Store Presentation to ensure the correct execution of assortments in stores
- Maintains detailed assortment plan for assigned styles and practices exception based management, identifying issues and recommending solutions to the buyer
- Assists Buyer in the execution of all related merchandising activities including creating and placing merchandise orders, monitoring and tracking on order details, and communicates any order revisions to suppliers
- Create strategies for life of item from purchase to markdown
- Assists Buyers and other stakeholders in developing assortments and quantifying buys, meeting timing needs with regards to merchandising delivery (moved up from below)
- Reviews inventory buys, positions or issues with partners in Planning & Allocation
- Communicates product attributes for systems set up, negotiates pricing/cost
- Act as liaison for entire Merchandise Action Team relative to marketing, pricing, signing, and store environment
- Monitors competitor merchandising and shares findings with stakeholders
- 0-3 years experience in merchandising positions
- A successful track record and a reputation of exceeding performance expectations
- Prior exposure to flexPLM, RMS and Microstrategy is a plus
- 5-7 years experience in buying position for a leading retailer
- Understands our brand and has extensive buyer experience working with a fashion brand
- Demonstrates strong analytical skills and superior written and verbal communication skills