Merchandise Buyer Assistant jobs in Richardson, TX

We are seeking an experienced Assistant Buyer to join our team, responsible for managing MakarttPro's line of professional products. The ideal candidate will have a strong background in buying, product management, merchandising, procurement, or supply chain management, with at least 1-2 years of relevant working experience.

Key Responsibilities:

Procurement and Inventory Management:

• Source and procure high-quality professional products, including monomer, acrylic powders, soft gel, gel polishes, and other related items, ensuring optimal stock levels to meet customer demand.
• Monitor inventory levels and track product performance to prevent stockouts and minimize excess inventory.
• Collaborate with suppliers to negotiate pricing, terms, and contracts to achieve cost savings and maintain product quality standards.

Product Development and Selection:

• Work closely with the Product Development team to identify new trends, innovations, and opportunities in the professional beauty industry.
• Conduct market research and analysis to understand customer preferences, competitor offerings, and industry trends, informing product selection and assortment decisions.

Sales and Profitability:

• Set sales and profit goals for the assigned product categories and develop strategies to achieve them.
• Analyze sales data, monitor product performance, and identify areas for improvement to maximize profitability.
• Implement pricing strategies, promotions, and markdowns to drive sales and optimize margins.

Cross-functional Collaboration:

• Collaborate with Marketing, Sales, and Operations teams to develop marketing campaigns, promotions, and sales initiatives to drive product awareness and increase sales.
• Communicate effectively with internal stakeholders to ensure alignment on product strategies, inventory levels, and promotional activities.

Qualifications:

• Bachelor's degree in Business Administration, Supply Chain Management, Marketing, or a related field.
• 1-2 years of experience in buying, product management, merchandising, procurement, or supply chain management, preferably in the beauty or retail industry.
• Strong analytical skills with the ability to interpret data and make data-driven decisions.
• Excellent negotiation, communication, and interpersonal skills.
• Detail-oriented with the ability to manage multiple priorities in a fast-paced environment.
• Proficiency in Microsoft Excel and other relevant software applications.