Grocery Outlet Holding
Sr. Buyer
About Grocery Outlet: Our Mission:
Touching lives for the better Our Vision:
Touching lives by being the first choice for bargain-minded consumers in the U.S. Our Values & Behaviors:
Achievement, Diversity, Entrepreneurship, Family, Fun, Integrity & Service About the Team:
Our Purchasing team's mission is to create a distinctively curated assortment to WOW our existing customers with everyday available value, unique offerings and seasonal solutions to further enhance our in-store treasure hunt experience. We strategically identify white space within categories to add value, analyzing data, partnering with internal stakeholders and external suppliers, to make key strategic decisions across business departments. Our passion and energy promote a creative and growth-oriented environment within the unique culture of Grocery Outlet. The members of our team are resourceful, critical thinkers making fact-based recommendations that pride themselves on integrity, efficiency, and collaboration. We utilize best in class category leadership practices to uncover unique value in our business, working closely with both our Independent Operator community as well as our Purchasing and Planning teams. About the Role:
As a Senior Buyer, you will be responsible for a segment of business generating $400M of annual sales and expected to deliver a minimum of 8-10% total sales growth. You will act as the "Team Leader" for a group of 6-8 people consisting of Buyers and Assistant Buyers. You will act as a "player-coach" having total P&L responsibilities (revenue, margin, inventory & expenses) for your entire team while managing several Key Categories yourself. You will be responsible for monitoring and managing inventory turns to ensure optimal stock levels while minimizing excess inventory. Improving GMROI by aligning product assortment, pricing, and purchasing strategies will be a constant focus. You will need the ability to think strategically and develop growth plans that can be communicated clearly to cross functional areas of the company (Marketing, Operations) and executed by your team. You will need to provide clear weekly direction to your team on the current priorities most relevant to achieving your growth plans. You will help your team make quick buying decisions, manage WORLD CLASS key supplier relationships and above all train & develop the members of your team for additional responsibility. You will role model industry leading category management practices including but not limited to ongoing analysis and benchmarking of GO's business against syndicated data, execution of growth opportunities, assortment optimization, promotional planning, seasonal strategies, and ongoing performance analysis. You will have cross functional responsibilities to help role model a "Best in Class" relationship with our newly formed Category Insights and GO Brand Teams. Responsibilities Include: Developing a strong understanding of Grocery Outlet's target market Own and grow opportunistic buying to deliver gross margin goals Source products that are relevant to our customer and exceed their expectations Maintain overall inventory levels that are consistent and achieve company inventory turn objectives Successfully identify new product opportunities and incorporate them into the assortment Source a best in class product assortment through competitive analysis studies Manage new and existing vendor relationships Work collaboratively with cross functional departments Consistently recommend and advocate innovative solutions during the negotiating process Prioritize which deals to pursue in a timely manner Prioritize short and long-term goals based on the company's strategic initiatives Ensure compliance with company policies and procedures as well as governmental rules and regulations About The Pay: Base Salary Range: $130,000 - $150,000 Annually Annual Bonus Program Equity 401(k) Profit Sharing Medical, Dental, Vision & More! Final compensation will be determined based upon experience and skills and may vary. About You: You have 10+ years of procurement experience - preferably grocery consumables. You have 5+ years of experience using and analyzing syndicated data to optimize business performance. Experience managing national brand assortment as well as private label. Experience conducting RFP campaigns and managing complex sourcing scenarios. Experience leading a team, defining team and individual goals, sharing best practices, and developing talent. You love people, are collaborative and have demonstrated leadership qualities in previous roles. You have an entrepreneurial spirit and enjoy taking calculated risks. You're able to react quickly and re-prioritize competing priorities you love this environment! You are passionate about what you do and have shown high levels of engagement in previous roles. You have an ability to influence decisions and a skilled negotiator. You have an innate ability to identify product trends and hot selling items you enjoy this! You are well organized, detail oriented and have good follow-through. You have excellent written and oral communication skills.
About Grocery Outlet: Our Mission:
Touching lives for the better Our Vision:
Touching lives by being the first choice for bargain-minded consumers in the U.S. Our Values & Behaviors:
Achievement, Diversity, Entrepreneurship, Family, Fun, Integrity & Service About the Team:
Our Purchasing team's mission is to create a distinctively curated assortment to WOW our existing customers with everyday available value, unique offerings and seasonal solutions to further enhance our in-store treasure hunt experience. We strategically identify white space within categories to add value, analyzing data, partnering with internal stakeholders and external suppliers, to make key strategic decisions across business departments. Our passion and energy promote a creative and growth-oriented environment within the unique culture of Grocery Outlet. The members of our team are resourceful, critical thinkers making fact-based recommendations that pride themselves on integrity, efficiency, and collaboration. We utilize best in class category leadership practices to uncover unique value in our business, working closely with both our Independent Operator community as well as our Purchasing and Planning teams. About the Role:
As a Senior Buyer, you will be responsible for a segment of business generating $400M of annual sales and expected to deliver a minimum of 8-10% total sales growth. You will act as the "Team Leader" for a group of 6-8 people consisting of Buyers and Assistant Buyers. You will act as a "player-coach" having total P&L responsibilities (revenue, margin, inventory & expenses) for your entire team while managing several Key Categories yourself. You will be responsible for monitoring and managing inventory turns to ensure optimal stock levels while minimizing excess inventory. Improving GMROI by aligning product assortment, pricing, and purchasing strategies will be a constant focus. You will need the ability to think strategically and develop growth plans that can be communicated clearly to cross functional areas of the company (Marketing, Operations) and executed by your team. You will need to provide clear weekly direction to your team on the current priorities most relevant to achieving your growth plans. You will help your team make quick buying decisions, manage WORLD CLASS key supplier relationships and above all train & develop the members of your team for additional responsibility. You will role model industry leading category management practices including but not limited to ongoing analysis and benchmarking of GO's business against syndicated data, execution of growth opportunities, assortment optimization, promotional planning, seasonal strategies, and ongoing performance analysis. You will have cross functional responsibilities to help role model a "Best in Class" relationship with our newly formed Category Insights and GO Brand Teams. Responsibilities Include: Developing a strong understanding of Grocery Outlet's target market Own and grow opportunistic buying to deliver gross margin goals Source products that are relevant to our customer and exceed their expectations Maintain overall inventory levels that are consistent and achieve company inventory turn objectives Successfully identify new product opportunities and incorporate them into the assortment Source a best in class product assortment through competitive analysis studies Manage new and existing vendor relationships Work collaboratively with cross functional departments Consistently recommend and advocate innovative solutions during the negotiating process Prioritize which deals to pursue in a timely manner Prioritize short and long-term goals based on the company's strategic initiatives Ensure compliance with company policies and procedures as well as governmental rules and regulations About The Pay: Base Salary Range: $130,000 - $150,000 Annually Annual Bonus Program Equity 401(k) Profit Sharing Medical, Dental, Vision & More! Final compensation will be determined based upon experience and skills and may vary. About You: You have 10+ years of procurement experience - preferably grocery consumables. You have 5+ years of experience using and analyzing syndicated data to optimize business performance. Experience managing national brand assortment as well as private label. Experience conducting RFP campaigns and managing complex sourcing scenarios. Experience leading a team, defining team and individual goals, sharing best practices, and developing talent. You love people, are collaborative and have demonstrated leadership qualities in previous roles. You have an entrepreneurial spirit and enjoy taking calculated risks. You're able to react quickly and re-prioritize competing priorities you love this environment! You are passionate about what you do and have shown high levels of engagement in previous roles. You have an ability to influence decisions and a skilled negotiator. You have an innate ability to identify product trends and hot selling items you enjoy this! You are well organized, detail oriented and have good follow-through. You have excellent written and oral communication skills.